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Bookkeeper / Accounting Manager for a Media Company at OnlyExperts

Job details

Position Overview:

The Bookkeeper/Accounting Manager will be responsible for overseeing all financial aspects of the company’s media-related operations. This individual will maintain accurate financial records, manage budgets, and ensure compliance with industry regulations and accounting standards. Experience in media production accounting, royalty payments, and project-based accounting is essential.

Key Responsibilities:
  • Financial Recordkeeping:
    Maintain and manage financial records, including general ledger accounts, journals, and financial statements.
  • Media Industry Accounting:
    Handle media-specific financial tasks such as royalty payments, talent fees, production costs, and project-based accounting.
  • Budget Management:
    Develop, monitor, and manage company budgets for media projects, including tracking expenses and forecasting future costs.
  • Accounts Payable/Receivable:
    Oversee the full cycle of accounts payable and receivable, ensuring timely payments and collections, and managing cash flow.
  • Payroll:
    Manage payroll processes, including payments for media staff, contractors, and freelancers, ensuring compliance with employment laws and contractual agreements.
  • Reconciliations:
    Perform regular reconciliations of bank statements, media production costs, and other financial transactions to ensure accuracy and consistency.
  • Tax Compliance:
    Ensure the company complies with tax regulations, including the handling of media-related tax issues such as sales tax on media assets and withholding taxes on talent payments.
  • Project Accounting:
    Implement project-based accounting practices to accurately track revenues and expenses related to individual media projects.
  • Reporting:
    Prepare detailed financial reports, including profit and loss statements, cash flow statements, and balance sheets, for media projects and overall company performance.
  • Auditing:
    Support internal and external audits by preparing necessary documentation and ensuring compliance with accounting standards and media industry regulations.
  • Financial Analysis:
    Analyze financial performance, identifying trends and advising management on cost-saving opportunities and strategies to improve financial efficiency in media projects.

Requirements

Qualifications & Experience:
  • Education:
    Bachelor’s degree in Accounting, Finance, or related field. CPA or CMA certification preferred.
  • Experience:
    • 5+ years of bookkeeping/accounting experience, with a focus on the media industry.
    • Strong understanding of media production accounting, including royalty payments, talent fees, and project-based accounting.
    • US GAAP experience.
    • Financial Reports creation and analysis experience.
    • Experience with accounting software (e.g., QuickBooks, Xero) and media-related financial tools.
    • Proven experience managing budgets and financial processes for media projects.
  • Skills:
    • Strong analytical and problem-solving skills.
    • Excellent attention to detail and organizational skills.
    • Ability to work under pressure and manage multiple media projects simultaneously.
    • Proficient in Microsoft Excel and other financial reporting tools.
    • Knowledge of media industry financial regulations and tax compliance.
Preferred Qualifications:
  • Experience with accounting for digital media assets, streaming services, or television production.
  • Familiarity with international financial regulations in the media industry.
Apply now