Business Director

15 hours ago

Herne Bay, New Zealand Warner Bros. Discovery Full time

**_Welcome to Warner Bros. Discoverythe stuff dreams are made of._**

**Who We Are**

When we say, “the stuff dreams are made of,” we’re not just referring to the world of wizards, dragons and superheroes, or even to the wonders of Planet Earth. Behind WBD’s vast portfolio of iconic content and beloved brands, are the _storytellers_ bringing our characters to life, the_ creators_ bringing them to your living rooms and the _dreamers_ creating what’s next

From brilliant creatives, to technology trailblazers, across the globe, WBD offers career defining opportunities, thoughtfully curated benefits, and the tools to explore and grow into your best selves. Here you are supported, here you are celebrated, here you can thrive.

At Warner Bros., we are committed to nurturing a workforce that encompasses all facets of diversity, equity, and inclusion. We encourage applicants from Aboriginal and Torres Strait Islander people, people with disabilities, and of all ages, nationalities, backgrounds, and cultures.

**Company Overview**:
Warner Bros. International Television Production New Zealand is one of New Zealand’s largest and most exciting production companies, producing award-winning television for audiences both in New Zealand and around the world. Warner Bros. New Zealand team has secured a reputation as a trusted production partner and passionate producer of outstanding New Zealand television. It remains committed to telling great stories, developing exciting formats and creating and producing content that will engage audiences worldwide.

**Primary Purpose of Position**:
The Business Director is a key member of the WBITVP NZ senior management team and will have overall responsibility for all financial matters. The position will be integral to ensuring the successful management and group reporting for the operations of the New Zealand TV production business, optimising production margins and, overseeing business and financial matters.

**Position Responsibilities**:

- As a member of the senior management team, provide strategic input to the organisation and lead process for preparing annual plan.
- Work closely with the Managing Director advising on all significant strategic and commercial decisions for productions (such as maximising funding, favourable cashflows, recharge opportunities) and ensuring that production accounting and management remains aligned to overall business objectives.
- Prepare and execute business plans and financial forecasts ensuring that budgets are met and commercial activities are maximised.
- Present financial models to senior ITVP leadership in UK.
- Advising on all significant strategic and commercial decisions and ensuring that the company remains aligned to overall business objectives, including the management of cost base, discretionary spend and overheads.
- Approve and sign off invoices and investment proposals.
- Ultimate ownership of Opco US GAAP P&L & Balance Sheet, incl. judgmental areas (e.g. provisions, accruals etc).
- Quarterly balance sheet reviews with local F&A team, including commercial ownership on assumptions behind balance sheet positions.
- Principal contact for WB IT & Real Estate.
- Management of company and production payrolls - software, approvals & PAYE tax returns
- Responsible for Capex business cases.
- In conjunction with the Managing Director:

- model, support and ensure appropriate controls exist for negotiations with clients/partners on all media funding, other finance, contractual matters and other business and commercial affairs issues.
- negotiation and contracting of key talent and business third-party suppliers.
- ensure Production and Finance are fully aligned and communicating effectively in order to optimise the financial performance of the business overall.
- Oversee and support Production Accounting to ensure that:

- productions are executed in a manner consistent with budgets and core strategies.
- any production accounting liabilities and contingencies are communicated and where relevant, recorded in the financial statements.
- Act as principal sponsor for Just Produce (company production accounting solution) ensuring that relevant production teams and production accounts have adequate training on the use of the system and that Just Produce is used consistently and in accordance with group guidelines.
- Provide an independent challenge to the production teams on the management of production spend.
- Have budgetary oversight for ITVP and allocations of head office recharges and costs into production budgets.
- With the Managing Director dictate any margin allocations required of each production.
- Develop and build the new financial infrastructure and procedures to support the growth of scripted business.
- Working with Managing Director & Head of Television to optimise slate margins and manage reporting of slate along with overall business model.
- Oversee process for preparing and reporting on monthly and quarterly reporting pack, i

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