Main Responsibilities of a Senior Manager Production Finance at Disney
Chris's main responsibilities as a Senior Manager of Production Finance at Disney involve "managing the costs on a day-to-day basis," encompassing tasks from reviewing bank statements and generating weekly cost reports to collaborating with studio partners on budgeting and navigating post-production complexities like tax incentives and outstanding payments. This role requires meticulous attention to detail, ensuring accurate financial reporting to inform higher-level decision-making.
Project Management, Data Analysis, Financial Reporting, Communication, Problem-Solving
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Chris Kang
Senior Manager, Production Finance
The Walt Disney Company
University of Arizona, 2013
N/A
Accounting
Arts, Entertainment & Media
Finance
Former Foster Youth, Greek Life Member
Video Highlights
1. Chris's role involves daily cost management, working closely with accountants and studio partners.
2. Responsibilities span across different production phases, from pre-production budgeting to post-production wrap-up and financial reporting.
3. The work requires attention to detail, handling everything from individual contract payments to high-level financial reporting for studio decision-making.
Transcript
What are your main responsibilities within your current role?
My main responsibilities mostly entail managing costs on a day-to-day basis. We work closely with our accountants, ensuring everything is accounted for.
We work on different bank statements for the shows, looking at costs and doing a lot of reporting during the production and shooting process. We have weekly cost reports that give a summary of where the show is at.
If anything glaring needs our attention, we reach out to the appropriate studio partners. When prepping for a show, we again work with our studio partners to make sure all costs are tracked properly and everything is budgeted in a responsible way.
When wrapping out a show, we work closely with our studio staff and accountants. This might involve tax incentives or different claims that labor sends our way. There are a lot of follow-ups during the wrap phase before we close out the show.
We follow up to make sure everything is moving along and that nothing was missed during the prep and production period. For example, if somebody missed a contract, or if we hadn't paid on a contract, or if there are outstanding payments or checks from vendors that haven't been cashed, we follow up.
We ask them if they need a check reissued. It really ranges from the smallest detail to the biggest detail of looking at reports and making sure everything is ultimately reported properly to the studio and higher-ups. They use that information to make decisions.
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