Entertainment One

Treasury Manager

CA-ON-Toronto
3 weeks ago
# of Openings
1
Category
Accounting/Finance
Type
Permanent Full-Time

About Entertainment One

Entertainment One Ltd. (LSE:ETO) is a global independent studio that specialises in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company’s diversified expertise spans across film, television and music production and sales, family programming, merchandising and licensing, and digital content. Through its global reach and expansive scale, powered by deep local market knowledge, the Company delivers the best content to the world.


Entertainment One’s robust network includes film and television studio The Mark Gordon Company; content creation venture Amblin Partners with Steven Spielberg, DreamWorks Studios, Participant Media, and Reliance Entertainment; newly-launched MAKEREADY with Brad Weston; leading feature film production and global sales company Sierra Pictures; unscripted television production company Renegade 83; world-class music labels Dualtone Music Group and Last Gang; and award-winning digital agency Secret Location.

The Company’s rights library is exploited across all media formats and includes more than 100,000 hours of film and television content and approximately 40,000 music tracks.

www.entertainmentone.com

Position Summary

Reporting to the Director, Reporting & Treasury, the Treasury Manager will play a key role in managing the day-to-day cash flow activity of the entire Television Group.  Some of the key responsibilities include monitoring the daily cash position, preparing and updating the extended cash forecast, hedging foreign exchange exposures, and reporting of key cash flow metrics on a regular basis to banking partners, senior management, and Group Finance. 

Responsibilities

  • Forecast and manage cash receipts and disbursements while simultaneously maintain the daily cash position to ensure sufficient funds are available to meet ongoing operational expenses, debt repayments and investment obligations over the short and long term.
  • Work cross-functionally with Sales, Marketing, Operations, Business Affairs and Legal, Production and Creative teams to identify key components affecting cash flow.
  • Actualize, maintain, and forecast cash inflows and outflows using the extended modeling tool.
  • Evaluate foreign currency risks and arrange hedging contracts as required to cover exposures.
  • Prepare monthly marked-to-market (MTM) reports of outstanding derivatives for accounting team
  • Prepare monthly forecasts of non-functional currencies for balance sheet hedging
  • On a monthly basis, prepare 16-week cash forecast for Group Finance with explanation of variances to budget and forecast.
  • Maintain authorized signatories for all corporate bank accounts and act as an Administrator for the on-line banking platforms.
  • Identify areas to improve efficiencies across treasury operations.
  • Review trends in cash management and treasury operations and evaluate new treasury products.
  • Supervise, develop, and mentor 2-3 direct reports
  • Assist with monthly, half year and year end management reporting packs as needed.
  • Prepare risk management and hedge documentation
  • Oversee or participate in ad hoc projects and other responsibilities as needed.

Knowledge & Experience

  • Bachelor’s Degree in Finance, Business Administration or Commerce
  • Professional designation (CPA/CA, CGA, CMA or CTP) preferred
  • At least 5-7 years treasury/accounting experience in a multi-currency environment
  • Thorough understanding of cash management methods, foreign currency transactions, spot FX orders, and hedge contracts
  • Technical expertise of International Financial Reporting Standards (IFRS) (or similar) hedge accounting, compliance testing and documentation requirements is a plus
  • Expert knowledge of Microsoft Excel and strong modeling skills are an absolute must
  • Ability to understand contract terms and translate the financial impact for forecasting purposes
  • Strong analytical and problem solving skills, with ability to think outside the box
  • Experience in the media industry is a plus
  • Proven ability to prioritize and handle multiple tasks in a time sensitive manner
  • Proven work ethic with utmost integrity
  • Effective communication skills at all levels of the organization
  • Ability to work as a member of a team and independently
  • Roll-up-your-sleeves attitude, approachable and motivated

 

We thank everyone for their interest but only those candidates selected for an interview will be contacted.

 

We are committed to providing accommodations for persons with disabilities. If you require accommodation, we will work with you to meet your needs.