• Position Description:
  A Production Controller is responsible for overseeing the financial aspects of a production, including budget monitoring, cost control, and ensuring all financial transactions are accurately recorded. This role typically involves managing and coordinating with other accounting personnel, ensuring financial procedures are followed, and reporting financial progress to the producers and EICs.

 

• Role and Responsibilities in the Production Accounting:
  The Production Controller plays a key role in maintaining financial oversight, ensuring that the production stays within its allocated budget, and assisting with day-to-day financial management, including approvals, reconciliations, and financial reporting.

 

• Why This Key Position Is Essential for Successful Productions:
  Production Companies and networks hire Production Controllers to maintain strict control over production budgets and ensure that the financials remain transparent and accountable. Their expertise in tracking costs across departments helps prevent overruns, ensuring that the project stays on track both creatively and financially.

 

• How Framework Financials Supplies This Role:
  Framework Financials provides experienced Production Controllers who bring a deep understanding of production accounting processes. By leveraging their expertise in cost management and financial reporting, Framework Financials ensures financial security and transparency, giving production companies and networks the confidence that their budgets are being carefully managed throughout the production cycle.

• Position Description:
  The Lead Production Accountant is responsible for overseeing the accounting team on a production. They handle the creation of the production budget, manage day-to-day cost tracking, and ensure that all financial records are accurate. This position works closely with the production manager and line producer to maintain financial accountability across all departments.

 

• Role and Responsibilities in the Production Accounting:
  The Lead Production Accountant leads the financial team, ensuring that financial operations are streamlined and that all costs are recorded correctly. They are the primary point of contact for financial concerns, offering guidance on managing the production’s financial strategy.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire Lead Production Accountants to ensure a high level of financial oversight and control. The Lead Production Accountant helps mitigate financial risks by ensuring accurate budgeting, financial forecasting, and cost tracking, which is essential for delivering projects on time and within budget.

 

• How Framework Financials Supplies This Role:
  Framework Financials provides highly skilled Lead Production Accountants who combine industry-specific knowledge with corporate financial expertise. They work closely with all stakeholders, ensuring seamless financial management and timely reporting, and provide actionable insights to keep production on budget.

• Position Description:
  The 1st Assistant Accountant supports the Lead Production Accountant by handling day-to-day accounting functions such as processing invoices, handling petty cash, tracking production costs, and preparing reports. They are integral in maintaining the workflow of the accounting department.

 

• Role and Responsibilities in the Production Accounting:
  This position assists with the management of production-related financial records, ensuring that every transaction is properly recorded. The 1st Assistant Accountant works directly under the Lead Production Accountant, handling the operational side of the financial processes.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire 1st Assistant Accountants to ensure accuracy and efficiency in processing financial data. By having a dedicated team member handle routine accounting tasks, networks can be sure that financials are handled promptly and correctly, which contributes to the overall financial health of the project.

 

• How Framework Financials Supplies This Role:
  Framework Financials supplies qualified 1st Assistant Accountants who understand the intricacies of production accounting. They provide support in managing costs and processing payments, ensuring smooth and timely financial operations that align with overall production goals.

• Position Description:
  The 2nd Assistant Accountant supports the accounting team by assisting in data entry, organizing financial documents, and helping to track production expenses. They often handle administrative tasks related to accounts payable, petty cash, and reconciliation of receipts.

 

• Role and Responsibilities in the Production Accounting:
  This position is critical in ensuring that the accounting department functions efficiently by providing essential support to senior accountants. The 2nd Assistant Accountant ensures that financial documents are organized, data is entered accurately, and costs are appropriately tracked.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire 2nd Assistant Accountants to maintain order and organization within the accounting department. This role ensures that the more senior accountants can focus on higher-level financial decisions while the 2nd Assistant Accountant takes care of the essential administrative tasks.

 

• How Framework Financials Supplies This Role:
  Framework Financials provides skilled 2nd Assistant Accountants who are detail-oriented and capable of managing day-to-day accounting operations. By handling administrative tasks and assisting with cost tracking, they help ensure that financial processes remain efficient and organized.

• Position Description:
  The Payroll Accountant is responsible for ensuring that all cast and crew are paid on time and in compliance with legal requirements. This includes calculating wages, taxes, and benefits, as well as managing payroll records and ensuring that payments are made in accordance with union agreements or individual contracts.

 

• Role and Responsibilities in the Production Accounting:
  The Payroll Accountant ensures that the payroll process runs smoothly, which is crucial for maintaining employee satisfaction and compliance with labor laws. They work closely with HR and accounting departments to ensure that payroll is managed efficiently.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire Payroll Accountants to ensure that payroll processing is accurate and timely. Managing large numbers of employees, contractors, and union agreements requires specialized knowledge, making this position vital for ensuring that all payments are compliant and properly documented.

 

• How Framework Financials Supplies This Role:
  Framework Financials offers experienced Payroll Accountants who handle all aspects of payroll, ensuring timely and accurate payments. With a thorough understanding of union contracts, tax regulations, and industry best practices, Framework Financials ensures that payroll processing is seamless and error-free.

• Position Description:
  The Assistant Payroll Accountant provides support to the Payroll Accountant by assisting with payroll data entry, processing payments, and ensuring the accuracy of payroll records. They often help manage deductions, overtime, and benefits administration.

 

• Role and Responsibilities in the Production Accounting:
  This position supports the Payroll Accountant by managing the administrative side of payroll processing. They ensure that all employee details are accurately recorded and assist with the timely processing of payments.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire Assistant Payroll Accountants to support the accurate and timely processing of payroll, especially on large productions with numerous employees. This position ensures that all payroll-related tasks are handled efficiently, keeping the payroll process on schedule.

 

• How Framework Financials Supplies This Role:
  Framework Financials provides highly skilled Assistant Payroll Accountants who handle the data entry and administrative tasks associated with payroll. They ensure that payroll is processed efficiently and that all records are kept up-to-date, supporting the smooth operation of production payroll functions.

• Position Description:
  A Production Auditor reviews all financial records and transactions related to the production to ensure compliance with industry regulations and internal controls. They identify any discrepancies or irregularities and provide an independent assessment of the production’s financial health.

 

• Role and Responsibilities in the Production Accounting:
  The Production Auditor plays a key role in ensuring transparency and accountability by auditing financial records. They act as a safeguard to prevent fraud and ensure compliance with both regulatory requirements and contractual obligations.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire Production Auditors to mitigate financial risk and ensure that all financial activities are above board. Audits provide networks with confidence that their production’s finances are being handled properly, ensuring compliance with industry regulations and financial agreements.

 

• How Framework Financials Supplies This Role:
  Framework Financials provides experienced Production Auditors who ensure full compliance with regulatory and contractual requirements. They review financial records, perform audits, and provide insights into potential discrepancies, offering networks the transparency they need to ensure financial integrity.

• Position Description:
  A Tax Incentive Specialist is responsible for identifying and securing tax credits and incentives available to productions. They help production companies navigate complex tax laws, ensure compliance with incentive programs, and maximize available financial benefits.

 

• Role and Responsibilities in the Production Accounting:
  The Tax Incentive Specialist works closely with the production team to apply for and manage tax incentives, ensuring that all financial benefits are fully realized. This role is vital for helping productions reduce costs by taking advantage of available tax credits and rebates.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire Tax Incentive Specialists to ensure that their productions take full advantage of government programs that reduce financial liabilities. These incentives are often significant, and without expert knowledge, production companies could miss out on valuable cost savings.

 

• How Framework Financials Supplies This Role:
  Framework Financials offers Tax Incentive Specialists who have in-depth knowledge of local, state, and federal tax incentives. They help production companies secure the maximum tax benefits available, ensuring that financial resources are optimized, which can greatly reduce production costs.

• Position Description:
  The Executive in Charge (E.I.C.) is a senior role responsible for overseeing all aspects of the production, ensuring that it adheres to its budget, timeline, and creative vision. The E.I.C. works closely with producers, line producers, and other senior staff to ensure the production runs smoothly.

 

• Role and Responsibilities in the Production Accounting:
  The E.I.C. plays a central role in overseeing the production, making high-level decisions to manage resources and resolve any issues that may arise. They are responsible for ensuring the production stays within financial and time constraints.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire E.I.C.s to maintain overall control of the production, making sure it stays on schedule, within budget, and meets creative goals. This leadership role is essential for navigating complex production environments and ensuring that all aspects of the production are properly managed.

 

• How Framework Financials Supplies This Role:
  Framework Financials works closely with E.I.C.s by providing financial leadership and oversight, ensuring that all financial aspects of the production are managed effectively. Our team provides CFO-level support, helping E.I.C.s make informed decisions and ensuring the production runs smoothly.

• Position Description:
  A Line Producer is responsible for the day-to-day management of the production. They oversee the budget, schedule, and logistical coordination, ensuring that everything runs according to plan. Line producers are involved in every stage, from pre-production to final delivery.

 

• Role and Responsibilities in the Production Accounting:
  Line Producers ensure that the production adheres to the budget and schedule while handling the coordination of resources, personnel, and logistical details. They are the key problem solvers on set and keep things on track to meet deadlines.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire Line Producers to ensure that the production is organized and runs efficiently. Their expertise in managing logistics, budgets, and timelines is essential for a smooth production process.

 

• How Framework Financials Supplies This Role:
  Framework Financials supports Line Producers by offering financial oversight and ensuring that budgets and costs are properly managed. Our team provides timely financial reports, ensuring that Line Producers have the information they need to keep the production on budget.

• Position Description:
  A Production Manager oversees the day-to-day operations of a production, managing resources, crew, and logistics. They work closely with the line producer and other department heads to ensure everything is in place for each production phase.

 

• Role and Responsibilities in the Production Accounting: The Production Manager is responsible for ensuring that the production runs efficiently on a practical level, from securing locations to managing the crew. They handle logistical tasks and make sure that all resources are available and on schedule.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire Production Managers to handle the detailed logistics of a production. Their ability to manage resources, schedules, and personnel ensures that the production progresses smoothly and that potential issues are resolved quickly.

 

• How Framework Financials Supplies This Role:
  Framework Financials assists Production Managers by providing financial expertise and supporting their logistical management with accurate cost tracking and financial reporting. Our services allow Production Managers to focus on day-to-day operations while we handle the financial side.

• Position Description:
  A Production Coordinator is responsible for organizing the logistics and administrative tasks necessary for the production. They manage the schedule, communicate with department heads, and ensure that all the necessary resources are available for the production.

 

• Role and Responsibilities in the Production Accounting:
  The Production Coordinator helps ensure that production runs smoothly by handling the scheduling, coordinating between departments, and managing logistics. They act as a key point of contact for all crew members and departments.

 

• Why This Key Position Is Essential for Successful Productions:
  Networks hire Production Coordinators to keep everything organized and ensure that all logistical tasks are completed on time. They are essential for keeping the production on schedule and making sure resources are properly allocated.

 

• How Framework Financials Supplies This Role:
  Framework Financials supports Production Coordinators with efficient financial reporting, cost management, and logistical oversight. Our services streamline financial tasks, allowing Production Coordinators to focus on their core responsibilities of scheduling and resource management.

Built for the business of entertainment, Framework Financials provides tailored financial support for working talent, offering a full spectrum of services to ensure that creators can focus on their craft while we manage the complexities of their financial lives. From tracking residuals and royalties to managing touring expenses and ensuring tax compliance, our expertise allows actors, musicians, and their teams to concentrate on what they do best, without getting bogged down by financial concerns. Whether you’re a SAG-AFTRA actor, an indie filmmaker, a touring musician, or a globally recognized artist, we ensure that your finances stay in tune and are aligned with your creative goals. Our specialized solutions are designed to support the unique financial needs of talent in every stage of their career, providing the right infrastructure to keep your financial world organized, compliant, and thriving.

Financial Infrastructure and Business Management for Artists

Managing a successful creative career requires more than just tracking income—it requires a solid financial infrastructure. Framework Financials builds customized financial systems for artists and their teams, ensuring that income from various channels is integrated seamlessly into one cohesive system. We assist with setting up business structures, whether you’re a sole proprietor or need to establish an LLC or S-Corp for tax benefits. Our expertise spans beyond traditional accounting services to offer business management solutions, including cash flow management, investment advice, and asset protection. Whether you are an emerging artist or a well-established name, we provide the structure needed to support growth, profitability, and financial security over time.

Residuals, Royalties, and Touring Expense Management

For actors, musicians, and performing artists, managing residuals, royalties, and touring expenses can be complex, especially when dealing with multiple income sources and various contracts. Framework Financials specializes in tracking residuals and royalties, ensuring that payments from film, TV, streaming platforms, and live performances are accurately accounted for. Whether it’s managing payments from syndication, re-runs, or music royalties, we keep your income stream organized and up to date. For musicians and performers, we also offer expert touring expense management, tracking all related costs, including travel, accommodations, per diems, and venue expenses. By streamlining these expenses and providing clear financial reports, we help you assess profitability and maximize tax deductions, ensuring your finances stay as in tune as your performances.

Compliance and Strategic Planning for Artists

Navigating the tax landscape as an artist can be overwhelming, especially when managing income from various sources like gigs, royalties, sponsorships, and side ventures. Framework Financials offers expert compliance and strategic planning tailored for actors, musicians, and other creatives. We help you understand your tax obligations, identify potential deductions, and optimize your overall tax strategy. Whether you’re filing as a sole proprietor or structuring as an LLC or S-Corp, we ensure you’re in compliance with local, state, and federal tax laws, while also offering guidance on tax-efficient financial strategies that can help protect your assets and maximize your earnings. Our services also include timely filing and representation, giving you peace of mind during tax season.

Tailored Financial Solutions for Creators

At Framework Financials, we recognize that creators today come in many forms and play multiple roles. Whether you’re a YouTube creator, TikTok influencer, LinkedIn content producer, Instagram influencer, podcaster, blogger, music artist, or even a freelance photographer, your financial needs are unique and diverse. With our extensive experience, we specialize in setting up and managing comprehensive accounting solutions for creators who function not only as custom production companies but also as marketing and merchandise businesses. Our unique blend of corporate and entertainment expertise allows us to build a robust financial infrastructure that supports the full scope of a creator’s operations. From setting up and managing bookkeeping to offering strategic financial guidance, we ensure that creators have the financial framework needed to focus on their art while maintaining financial health and growth. Whether you’re managing sponsorships, brand collaborations, or revenue from digital platforms, we offer solutions tailored to help creators thrive in today’s competitive market.

Comprehensive Financial Infrastructure and Bookkeeping Management

Creators often face the challenge of balancing creativity with business demands. Framework Financials simplifies this by offering comprehensive financial infrastructure services tailored to their specific needs. From bookkeeping to accounting, we provide end-to-end solutions that help creators manage their financial operations seamlessly. Our team works to set up robust financial systems that track all aspects of income and expenses, providing creators with detailed, real-time financial data. This enables them to make informed decisions about investments, merchandising, and collaborations while ensuring compliance with financial regulations.

Perks for Creators: Live Financials and the Dynamic Archive

With our deep corporate expertise, Framework Financials offers benefits that go beyond traditional accounting services. Our Live Financials service gives creators real-time access to their financial data, empowering them with up-to-date information at their fingertips. Additionally, our Dynamic Archive helps creators forget about the cumbersome process of documentation tracking and filing. This feature automates and organizes financial records, saving time and reducing the stress of paperwork. Moreover, with our corporate experience, we assist with more complex elements of business management, including S-corp elections and other filings. This ensures that creators are not only tax-compliant but also positioned to benefit from the financial advantages of corporate structures, providing them with a seamless transition into business ownership.

Tailored Financial Services for Smooth Operations

If you’re being hired as a loan-out by a production payroll company, or looking to get started, Framework Financials is here to ensure that your financial operations run smoothly and efficiently. We specialize in setting up and managing all the essential aspects of loan-outs, offering a full suite of services that support your business and ensure compliance with industry standards. Whether you’re working as a freelancer or under a loan-out agreement, we handle everything from S-Corp elections and payroll reporting to invoicing, contract management, and year-end filings.

Our services extend beyond basic bookkeeping; we help you navigate the complex world of loan-out agreements and tax structuring, ensuring that you are maximizing the benefits of working as a loan-out. From assisting with corporate filings to providing ongoing payroll management, we ensure that your invoicing is timely, tax obligations are met, and you remain in good standing with production companies and the IRS. This includes setting up efficient processes for handling earnings from multiple projects, ensuring that all income is properly documented, and that applicable deductions and expenses are tracked accurately.

At the end of the year, we assist with year-end filings, including W-2s, 1099s, and S-Corp documentation, ensuring that your tax filings are completed on time and that you’re maximizing your tax efficiency. With our expertise in both corporate and entertainment accounting, Framework Financials helps you focus on your work, confident that your financial and legal obligations are being taken care of properly. This holistic approach allows you to get paid without delays and remain fully compliant, so you can continue to do what you do best—creating and performing.

At Framework Financials, we understand that production companies operate in a complex financial landscape where both corporate and production accounting need to work seamlessly together. With our extensive experience in both corporate finance and the entertainment industry, we specialize in intertwining your corporate and production accounting into one cohesive system. This allows you to maintain comprehensive financial oversight while ensuring that each aspect of your business, ranging from production budgets to corporate overhead, is managed efficiently. By merging corporate and production accounting, we offer a streamlined, integrated approach to managing your finances, ensuring that every financial transaction, whether related to a film or corporate expenses, is tracked and reconciled in one unified set of books.

Our suite of corporate accounting services is designed to meet the unique needs of production companies. We assist in building out your corporate financial infrastructure, ensuring that your business is set up for growth and long-term success. This includes setting up your bookkeeping, accounting systems, and payroll processes to ensure that your day-to-day financial operations run smoothly. We also provide filing management services to make sure your tax filings, legal documents, and corporate records are organized, up-to-date, and compliant with all regulations. Additionally, our team can assist with QuickBooks management, ensuring that your financial software is customized to meet your specific needs and giving you real-time insight into your business’s financial health.

Beyond basic accounting functions, we offer specialized services such as Live Financials, which provides live, real-time access to your financial data. This allows your production team to make informed financial decisions while staying within budget. We also offer a full Archiving service, so your production company never has to worry about filing, scanning, or archiving documents. With Framework Financials managing these aspects of your operations, you can focus on creating, knowing that your finances are secure, organized, and optimized. Our holistic approach ensures that all your financial needs, from corporate compliance to production-specific accounting, are taken care of with precision and efficiency.