Sr Financial Analyst needed for Prodn Finance Group @ BET (L.A.)

Overview and Responsibilities

Black Entertainment Television Networks (BETN) is seeking a Sr. Financial Analyst to join our Production Finance Group. The Sr. Financial Analyst will assist the Production Finance Group with production cost planning and management, corporate reporting, cash flow forecast, cash flow variance analysis, tax credit analysis, audit reviews, implementing and maintaining processes and reporting and other duties as assigned.

• Production cost planning and management from development to audit inclusive of analysis of estimated final costs and overages to corporate forecast, routing of overage forms for approval and reporting on spend for all projects under original and music programming and corporate set-up of the show
• Cash Flow and Tax Incentive forecasting, variance analysis, year-end cash management
• Support monthly and quarterly close, including journal entries, balance sheet and bank account reconciliations and general ledger reconciliation of SAP and production accounting system
• Create reports for submission to Corporate Finance and Programming Finance
• Facilitate and manage pre-production finance and accounting inclusive of pre-funding, greenlight approval, internal project and production company set-up, budget review, production cash flow and payroll/accounting system set-up
• Tax incentive analysis to determine the best location to capture the highest return of rebates and tax credits
• Identify cost/spend trends through historical data, budgets, cost reports
• Manage production bank account administration with Treasury
• Coordinate desk and field audits for production cost verification and operational audits; assist with union audits
• Report building for various ad-hoc analysis
• Maintain administrative listings and reports for the group
• Liaise with Production Management and Global Sourcing teams to identify cost efficiencies for production cycle
• Actively engage with HR, Labor Relations, Corporate Accounting, Internal Audit, Global Sourcing, IT to ensure production finance policies and procedures are current and effectively implemented on our productions
• Assist with research, develop and test new technologies that provide the next generation of production finance tools and determine how and when to best incorporate into the production accounting workflow
• Special Projects as assigned
Basic Qualifications
• Bachelor’s degree, preferably in Finance, Accounting, Business
• Minimum 2-4 years related professional experience
• Prior financial planning/accounting experience in the entertainment industry
• Strong financial modeling and analytical abilities
Additional Qualifications
• Aptitude for being precise and detail-oriented
• Excellent verbal and written communication skills; ability to communicate with all levels of company personnel
• Possess organizational skills and the ability to manage competing priorities
• Desire and proven ability to work in a fast-paced and dynamic environment
• Effective at being a team player with internal and external clients
• Proficiency in Excel, SAP; knowledge of Industry Accounting Software
• Possess thorough knowledge of state and international tax incentive laws and credits