At a Glance
- Tasks: Manage production finance and accounting, ensuring accurate reporting and analysis of costs.
- Company: Join ITN, an award-winning creative production company known for impactful content seen by millions.
- Benefits: Enjoy a hybrid work model with flexibility, plus opportunities for professional growth and development.
- Why this job: Be part of a fast-paced environment where your contributions directly impact exciting productions.
- Qualifications: Must have production accounting experience and a recognised UK accounting qualification.
- Other info: Diversity is valued; flexible working arrangements are available to support work-life balance.
The predicted salary is between 28800 - 43200 £ per year.
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Production & Management Accountant, London
Client: ITN
Location: London, United Kingdom
Job Category: Other
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EU work permit required: Yes
Job Reference: 8f2b41b46c96
Job Views: 13
Posted: 31.07.2025
Expiry Date: 14.09.2025
Job Description:
Description
ITN Commercial Productions is an award-winning creative production arm of ITN, producing bespoke content for broadcasters, businesses, brands, rights holders, and digital channels. Our content is seen by millions and includes:
- TV programmes and series for major networks worldwide
- Educational resources for leading publishers
- News content and live broadcast facilities for international broadcasters, top-tier publishers, and global video platforms
We have received numerous awards, including BAFTAS, RTS Awards, an Oscar nomination, among others.
This is a dynamic, fast-paced environment where you can make a significant impact. The role is hybrid, requiring three days in the office and flexibility for remote work.
Key Responsibilities
Production Finance and Support
- Setup productions in the finance system and assist production managers with cost analysis
- Maintain and update cost managers with actual and estimated costs
- Reconcile costs regularly and hold meetings to ensure financial control
- Manage open POs, review cost reports, and oversee production closures
- Upload contracts and ensure proof of deliveries are recognized monthly
- Reconcile actual spend with budgets and forecast monthly figures
- Monitor cash flow, liaise with clients for POs, and update relevant parties on changes or risks
- Prepare trial balances and cost reports for broadcasters
- Act as the main contact for production finance on the system and attend production meetings
Financial Reporting and Analysis
- Manage secondary income accounting and billing
- Prepare journals, review spend, and monitor variances
- Perform balance sheet reconciliations and code invoices
- Contribute to management accounts commentary and implement purchase orders
- Assist with invoice coding, cash advances, and reconciliations
Audit and Compliance
- Prepare reports for audits and ensure documentation meets contractual requirements
Systems and Processes
- Serve as the primary contact for financial matters, train staff on systems, and support system rollouts
- Maintain process notes and support the finance team
All duties are subject to change as directed by management.
Key Requirements
- Experience in production accounting
- Professional accounting qualification (ACA, ACCA, CIMA) or equivalent experience
- Interest and understanding of television production logistics and technology
- Ability to work in a fast-paced environment and under pressure
- Problem-solving skills and flexibility
- Strong organizational and IT skills, especially Excel
- Excellent communication skills
- Proactive attitude and interpersonal skills
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Production & Management Accountant employer: ITN
Contact Detail:
ITN Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Production & Management Accountant
✨Tip Number 1
Familiarise yourself with the production finance processes specific to the media industry. Understanding how production budgets are managed and reported will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the broadcast media sector, especially those who work in finance roles. Attend industry events or join relevant online forums to build connections that could lead to referrals.
✨Tip Number 3
Demonstrate your knowledge of the latest financial software used in production accounting. Being well-versed in tools like cost managers or ERP systems can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss real-world scenarios where you've successfully managed tight deadlines and complex financial data. Showcasing your problem-solving skills in a fast-paced environment will resonate well with the hiring team.
We think you need these skills to ace Production & Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in production accounting and management. Use specific examples that demonstrate your skills in financial reporting, cost management, and working in fast-paced environments.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the media industry and your understanding of production finance. Mention how your background aligns with ITN's values and the specific requirements of the role.
Highlight Relevant Skills: In your application, emphasise your proficiency in Excel and any other financial software you are familiar with. Also, mention your ability to communicate effectively with both finance and non-finance stakeholders.
Showcase Your Problem-Solving Abilities: Provide examples in your application that illustrate your problem-solving skills and how you've successfully managed challenges in previous roles, especially in relation to production costs and financial reporting.
How to prepare for a job interview at ITN
✨Showcase Your Production Accounting Experience
Make sure to highlight your previous experience in production accounting during the interview. Be prepared to discuss specific projects you've worked on, the challenges you faced, and how you overcame them. This will demonstrate your capability to handle the responsibilities of the role.
✨Understand ITN's Production Process
Familiarise yourself with ITN's production process and the types of content they create. Knowing their workflow and how finance fits into it will show your genuine interest in the company and help you answer questions more effectively.
✨Prepare for Financial Reporting Questions
Since the role involves financial reporting and analysis, be ready to discuss your experience with P&L statements, balance sheets, and variance reports. Brush up on key financial concepts and be prepared to explain how you've used them in past roles.
✨Demonstrate Strong Communication Skills
As you'll be liaising with various stakeholders, it's crucial to showcase your communication skills. Practice explaining complex financial concepts in simple terms, and be ready to provide examples of how you've successfully collaborated with non-financial colleagues in the past.