Vaco by Highspring · 20 hours ago
Finance Manager
Los Angeles County, CA
Full-time
Hybrid
Senior Level
$75/hr - $80/hr
5+ years expVaco by Highspring is seeking a Contract to Hire Finance Manager to assist in the comprehensive planning and strategic decision making activity across all feature film operations. This role involves preparing financial forecasts, managing financial models, and collaborating with various teams to deliver analytics.
Staffing & Recruiting
Hiring Manager
Melissa Ladin
Responsibilities
Supervise and assist in preparation of annual Budgets, Forecasts, Mid-Range Plans
Collaborate with various teams, including MPG Business Development, on greenlight/film model updates, ultimate profitability and by-title performance tracking
Coordinate with lines of business (Marketing, Distribution, Production, Corporate Finance) and all Theatrical Distribution Labels on product/content (for upcoming 3 years) and cash flow assumptions
Run impairment risks on current releases and/or on 3rd party co-financing deals, as needed for forecasts; prepare risk analyses and supplemental schedules for the accounting group and external auditors, as requested
Oversee preparation of Consolidated 3-Year Cash Flows and Balance Sheet forecasts; ensure working capital targets are met
For the Consolidated Cash Flow forecast, prepare the executive-level presentation, including variance analyses
Perform box office analysis on new releases, industry comparatives, by-title market analysis, and various other metrics to provide financial guidance to management
Execute regression analysis and other advanced modeling techniques to enhance forecasting timing models on certainty and Cash flows
Evaluate Net Present Value on certain revenue and cost items, including content valuations, obligations, revenue recognition (ASC 606)
Assist in drafting SOX controls and ensure compliance with all financial controls; coordinate with GFO and Technical Accounting
Assists liaison with technical accounting on new deal structures, ensuring models align with IFRS-compliant treatments
Approve division ultimate's and third-party invoices, e.g., with TV or streaming providers, as part of film model ultimate workflows
Qualification
Required
BS/BA degree with accounting/finance/economics focus required
5+ years of progressive experience in financial planning, modeling, and accounting; entertainment/media industry experience strongly preferred
1-2 years of managerial experience, including managing, developing, and leading staff
Deep expertise in technical modeling and indirect and direct cash flow forecasting, working capital, and balance sheet analyses
Advanced Excel and PowerPoints skills; SAP or similar ERP experience preferred
Knowledge of IFRS and U.S. GAAP principles; SOX compliance experience required
Preferred
CPA and/or MBA/Master's degree strongly preferred
Entertainment/media industry experience strongly preferred
Experience with enterprise planning systems (e.g. SAP BPC, SmartView, etc.) and business intelligence tools (e.g. Power BI, Tableau, others)
Financial modeling, AI experience with large data sets
Company
Vaco by Highspring
Vaco is the Talent Solutions division of Highspring, a leading global professional services organization.
5001-10000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase