Head of Production Finance - Toronto

Company:  Sphere Media
Location: Old Toronto
Closing Date: 04/08/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
  • City Toronto
  • Country Canada

Job Description

Does the world of media production intrigue you? Does it fascinate you? Would you like to find out how terrific projects are brought to life even before the cameras start rolling? If so, then the Sphere team has a stimulating opportunity for you!

Reporting to the Vice-President of Finance, Productionin Montreal, while supporting the Toronto division heads of production, thisposition oversees the various aspects of Production Finance for the Toronto productionsand development activities.

More specifically : 

  • Manage the resources of the Productionfinance team (four permanent employees and external production accountants).
  • Review development and production budgetsand ensure they are in line with the company’s profitability targets.
  • Provide tax credits estimates and elaboratefinance plans which maximize the various sources of financing available.
  • Monitor eligibility of projects withregards to tax credit guidelines and financing partners requirements.
  • Review all financing and broadcasters’agreements and make sure they are signed in a timely manner to respect thefinancial obligations of the Toronto divisions.
  • Oversee the production loan portfolio toensure timely loan closings and collections of milestone payments.
  • In collaboration with the VP Production& Development, track cost reports on a regular basis and maximizeprofitability of the productions and development projects.
  • Plan the final production costs audits withexternal auditors and oversee all government audits.
  • Ensure compliance and oversee reporting andpayments related to subsequent exploitations of the catalogue (guild residuals,and recoupment of investors and profit participants).
  • Approve weekly electronic payments(including payroll) alongside Chief Accountant to ensure compliance withinternal controls for all productions and development projects
  • Review and sign off of the quarterlyproduction reporting deliverables to the Corporate Finance team.
  • Assist the Vice-President of Finance,Production in the annual budget process and provide quarterly forecasts.

Requirements

  • Minimum of 10 years of relevant experience inthe industry
  • Bachelor’s degree in accounting
  • CPA certification is an asset
  • Excellent oral and written communication skills
  • Autonomy and excellent organization skills
  • Capacity to work under pressure with shortdeadlines

About Sphere

Sphere, Canada’s third-largest independent producer, shines in many areas of film and television production and distribution.

Imaginative and committed to excellence, Sphere touches people's hearts and minds. Its promise is to tell right stories, the right way. Sphere strives convey original and diverse tales that reflect the world around us.

Following strategic acquisitions in its field, it now showcases its talents through three brands; Sphere Media (television and film production, television distribution), Sphere Animation (production of animated content) and Sphere Films (film distribution).

We are working to make our corporate culture more inclusive. Sphere Media is an equal-opportunity employer. All applications will be considered, regardless of race, religion, national origin, age, sex, civil status, ancestry, disability, sexual orientation or gender identity.

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