NFTS Scotland Diploma: Production Accounting for Film and Television
Duration 6 months part-time (Two Saturdays per month)
Next intake June 2020
Application deadline 20 May 2020
Bursaries supported by the Scottish Government are available.
This unique 6 month part-time diploma course, delivered in partnership with the Production Guild, aims to equip students with the skills required for a career as a film or television Production Accountant.
Production Accountants calculate finances, work out the cost of a production, communicate with financiers (companies or individuals who provide the funding) and control the cash flow, or spending. This is a demanding role that requires a level head, self-confidence and strong communication skills.
In pre-production, Production Accountants help the Producers and Production Managers to prepare budgets and Estimated Final Cost Reports.
During production, they oversee all payments, manage payroll, petty cash and foreign currency and keep accurate financial records. They help monitor budgets, analyse spending and provide daily or weekly cost reports. They also produce cost forecasts to evaluate the impact of any production changes.
The National Film and Television School Production Accounting Diploma is ideally suited for those already working in a finance / accountancy role and who are keen to move into the film and television sector. It is also suitable for those in more junior roles within Film & TV Production Accounts departments looking to move up.
This course will cover:
- Production set up and implementation of systems
- Sources of finance and treatment of funds
- Completion guarantors
- Cash flow, forecasting and cost reporting
- Working with inherited budgets
- Working with multi-currency
- Running the project
- Contract and employment law
- Copyright and licences
- Taxation and insurance
- Pre production, production and post-production
- Production audits
- Management skills
To graduate, each student will complete a minimum of 10 days work experience/production shadowing before the completion of the course, which we will work with you to secure.
This current course is scheduled to run on 20th June, 4th July, 18th July, 1st August, 15th August, 29th August, 12th September, 26th September, 10th October, 24th October, 7th November and 21st November 2020. Future dates will be advertised as they become available.
A proven interest in film and television production and an ability to work as part of a team are essential.
We would expect those applying to have academic or vocational qualifications in accounting or be able to demonstrate competency through work experience. Previous experience of working in an Accounts environment will be taken into account when considering applications.
If you are not an EEA National, you must already be in possession of a UK visa valid for the duration of this course. We are unable to accept your application if you do not.
How to apply
Application deadline: 20 May 2020
Please register your interest to be informed of future dates.