Role: Head of Finance
Sector: TV Production
Location: Southampton
Permanent: Full Time
Hybrid: 3 days in office and 2 WFH
Salary: £75,000 – £80,000
Reporting to: CEO
Ref: VFR3288
We are delighted to be seeking a Head of Finance for our Client who is a leading light in the world of TV production. They produce outstanding, gripping, highly regarded programmes that are distributed globally. They are looking for a qualified Head of Finance to join the team
Key Responsibilities of the Head of Finance:
- Cashflow management, including utilising cash effectively across both companies
- Maintain strong supplier partnerships, particularly with managing payments effectively across our large freelancer base
- Review & negotiate on all supplier & client contracts
- Manage payroll & pensions for WM (45 employees)
- Input into production budgets and review all financing agreements – leading on external loans with third parties where required
- Review how each production is performing against budget monthly & work closely with the team to maintain strong financial discipline & protect our margin
- Lead on annual budgeting and quarterly forecasting for both companies
- Preparation of monthly WM/WI management accounts and presentation to the board (Quarterly)
- Management of audit process, including preparing financial statements, supporting packs & ensuring audit readiness
- Provide data for all investor relationships (both debt & equity) monthly
- Manage royalties received across both companies to ensure correct treatment for all rights owners and the distribution investment facility
- Manage inter-company relationships between the Group and the associated shareholder entities
- Relationship management with the external accounting firm
- Maintain strong relationships with external stakeholders, including debt providers & banks, ensuring all covenants are kept
- Manage special projects, including the right tracker system, IP valuations, review revenue recognition, reclaiming withholding tax, Tax credits etc.
- Manage Company Secretarial filings for all entities
- Continuously review and propose improvements for processes, workflows & policies to raise the overall quality of our financial infrastructure
- Ad hoc support as required for the CEO, Commercial Director and Head of Production
- Lead & develop a team of 3 – Accounts Payable Asst, Accounts Manager, & a Production Acct.
Skills & Experience of the Head of Finance:
- Qualified Accountant with substantial post qualified experience
- Experience working within the TV or film business – ideally within distribution
- Comfortable working in a fast-paced creative atmosphere
- Strong analytical skills
- Must be comfortable working at Board level but equally happy to roll up sleeves & be hands on
- Excellent Interpersonal skills and adept at interacting with individuals at all levels in the business
- Committed to delivering to agreed timescales with a high degree of accuracy
- Flexible attitude towards working responsibilities and workload
- Strong team player
VisionFR is committed to encouraging equality, diversity, inclusion and eliminating unlawful discrimination within our workforce and whilst fulfilling our Clients’ recruitment needs.
Due to the high level of applications being received if you do not hear from us within 5 working days, please assume your application has not been successful on this occasion, usually due to other candidates having more relevant sector exposure, qualifications or required skills. We thank you for your interest.
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