BBC Studios is a global creative powerhouse for the development, production and distribution of bold, British content. We produce over 2,500 hours of content per year, have offices in 22 markets globally, including seven production bases in the UK and production bases and partnerships in a further nine countries around the world. The business generates revenue of £1.4bn, returning around £200m profit to BBC Public Service each year. In the UK, BBC Studios enables audiences to enjoy their favourite BBC programmes and brands outside the licence fee-funded window on alternative platforms, through a range of partnerships, and in multiple formats, from products and magazines to events and experiences.
The Production Labels and Invested Indies team is responsible for investing in and managing BBC Studios’ portfolio of Independent Production television companies (Indies).The current portfolio includes 12 production labels and companies with varying stakes, and a combined turnover of c£250m.The team work in tandem with the rest of Content Partnerships leading the company’s creative partnerships, content funding strategies and IP pipeline.
We are currently recruiting a Head of Commercial Finance, Production Labels and Invested Indies. You will provide commercial, operational and strategic financial support across the division to ensure effective commercial decisions are undertaken by the business with regards to Indie investments and ongoing relationships. The role will ensure that financial performance is accurately recorded and reported and that the business operates within the appropriate control environment.
The role will work with the Finance Director and MD Content Partnerships, providing recommendations to the senior management team on optimal allocation of capital, resources and cost control.
You will work with finance teams and management in the production entities to develop long term plans and budgets, ensuring the portfolio delivers commercial returns as planned.
You will provide strategic and financial decision support to the Content Partnerships Management, which may include new or further acquisition of equity, divestments, and the development and structuring of management incentive schemes.
Responsibilities also include communicating financial performance and the implications of day-to-day business activity, ensuring corrective actions and improvement plans are deployed as necessary. As well as developing and maintaining a strong internal control environment to maintain business integrity, minimise risk and ensure financial governance is adhered to.
The role will also include other ad hoc duties as required by Finance Director, MD Production Labels and Indies, Chief Content Officer.
The Ideal Candidate
Our ideal candidate will have a minimum 3 years’ senior experience in a Media Production/Distribution Company. Experience in company acquisitions, the negotiation of deals and an understanding of the production and television industry is essential.
Ideally you will have worked with a portfolio of independent television companies and had experience of mergers and making deals in a fast-paced environment with entrepreneurial owners.
You should have a proven focus on investment analysis and appraisal and post investment review, with an ability to create ownership and to hold the business responsible for delivering against plans.
Demonstrable experience of reporting financial performance, budgeting and forecasting, and long range plans aligned to strategic objectives is also essential.
Contract type: Permanent
Working pattern: Hybrid Working - Office based 2-3 days per week
Interviews: 28/29th October TBC
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- Flexible / agile working - opportunities across the business. We’re happy to discuss a formal flexible working pattern. Please indicate your choice under the flexible working question in the application. There is no obligation to raise this at the application stage but if you wish to do so, you are welcome to. Flexible working will be part of the discussion at offer stage.
- Excellent career progression – the BBC offers great opportunities for employees to seek new challenges and work in different areas of the organisation.
- Unrivalled training and development opportunities – our in-house Academy hosts a wide range of internal and external courses and certification.
- Benefits- We offer a competitive salary package, a flexible 35-hour working week for work-life balance and 26 days (1 of which is a corporation day) with the option to buy an extra 5 days, a defined pension scheme and discounted dental, health care, gym and much more.
About the Company
The BBC is committed to building a culturally diverse workforce and therefore strongly encourages applications from under represented groups. We are committed to equality of opportunity and welcome applications from individuals, regardless of their background. We strive to be the best British content company in the world, attracting the best creative talents in the business, so that we can bring premium quality award-winning programmes, content and brands to the viewer no matter where they are.
The BBC Group has set out the first in a new series of bold steps to transform our programming and better represent the public we serve. We have the biggest financial investment to on-air inclusion in the industry, together with our existing commissioning budget, we are committed to throwing open our doors more widely than ever to diverse stories and diverse storytellers. Together with a diverse workforce we will accelerate the pace of change in increasing diversity and inclusion both on and off air
To find out more about Diversity and Inclusion at the BBC, please visit our website.