Production Accountant

MBC Group

Dubai, UAE

Ref: LP104-110

Job description / Role

Employment: Full Time

• Prepare and review production cost reports, report consolidated findings to finance executives on a weekly basis and escalating areas of concern
• Manage, monitor and review all costs hitting the projects including labor, accounts payable, and petty cash
• Ensure purchases are properly controlled and authorized and that invoices are recorded and paid
• A solid understanding of payroll process, residuals, participants
• Track and analyze tax credit information including liaising with auditors
• Maintain an organized accounting record , keeping adhering to Financial Policies and Procedures
• Identify improvement opportunities to the forecast and budgeting process that drive efficiencies in the organization
• Support preparing of budgets for films and TV series
• Managing the day to day accounting financial reporting against the budgets
• Finalize all financial records relating to the production
• Produce all periodic finance deliverables including: cost reports, cash flow projections, budget Vs actual reports and cost forecast
• Provide detailed cost and variance analysis for the project
• Communicate production progress to anticipate issues and ensure swift financial issue resolution
• Ensure that production cost information is properly and accurately reflected on cost reports
• Provide and present clear, accurate and timely production planning scenarios and analysis to both Producers and finance during the life cycle of a film /TV Series
• Ascertain and solve budgeting and staffing issues
• Adapt to changing scenarios, anticipate problems and recommend solutions
• Comply with all policies and procedures

Requirements

• Candidates must have minimum of 5 years of experience working within a similar role
• It is essential that candidates come with experience working within the Production/Media Industry
• Experience working within the Middle East. UAE experience is preferred
• Available to start at short notice

About the Company

MBC GROUP is the largest media company in the Middle East & North Africa region that enriches people’s lives through information, interaction and entertainment. In 2002, nearly a decade after the launch of MBC1 in London, in 1991, MBC GROUP moved its headquarters to Dubai Media City, United Arab Emirates.

Today, MBC GROUP includes over 17 leading TV channels: MBC1 (general family entertainment); MBC2 & MBC MAX (24-hour western movies); MBC3 (children’s edutainment with a mix of both local productions and western acquisitions); MBC4 (entertainment for young families with a female-focus); MBC ACTION (an indigenous adrenaline-packed channel targeting young males with local and homegrown productions); MBC VARIETY (Western films and general entertainment with uninterrupted broadcasting); MBC DRAMA (24/7 Arabic drama) & MBC+ DRAMA (a joint pay-TV channel between MBC and OSN); MBC PERSIA (general family entertainment dubbed and subtitled in Farsi); WANASAH (24-hour Arabic music channel); MBC MASR & MBC MASR2 (general family entertainment geared towards the Egyptian family); MBC BOLLYWOOD (delivering the freshest in Bollywood content geared towards the region via an Arabized interface); MBC USA (on “Dish Network” in the US); MBC IRAQ (a premium channel aimed at the entire Iraqi family), MBC5 (new satellite channel dedicated to the Maghreb); all of them benefit from MBC STUDIOS which produces the region’s most compelling premium content for cinema, television and on-demand platforms. MBC GROUP also includes two FM radio stations: MBC FM (Gulf music) and Panorama FM (contemporary Arabic hit music).

Furthermore, part of MBC GROUP is Shahid and its premium subscription-based service Shahid VIP, the world’s leading Arabic streaming platform, home to highly rated original productions from the Arab world, a wide range of exclusive movies and premieres, as well as the top watched live Arab TV channels.

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Accountant salaries in UAE

Average monthly compensation
AED 4,500

Breakdown available for industries, cities and years of experience