Coordinator, Payments Administration & Contract Tracking (PACT) Job at Netflix
Los Angeles, California
Content Acquisition
About Netflix:
Netflix is the world's leading streaming entertainment service with over 232 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.
The Payments Administration & Contract Tracking (PACT) team supports the Scripted Series for the US/Canada (UCAN), UK and Local Language Original (LLO) verticals and sits within the UCAN Business & Legal Affairs (BLA) team. The PACT team has the responsibility for ensuring all Above-The-Line (ATL) talent are paid timely and properly and we calculate and track a variety of important dates and deadlines in connection with our Self-Managed Series.
The Role:
This a highly cross-functional role, and the successful candidate must have the ability to work effectively with the BLA team, Labor, Tax, Production, Creative and Production Finance teams, in addition to our accounting teams, and will also act as a strategic thought partner to those cross-functional teams as we innovate and experiment with new deal structures.
The Payments Administration & Contract Tracking Coordinator will have an extremely strong emphasis on organization and a high level of attention to detail as well as excellent verbal and written communication skills. The successful candidate will exemplify the core Netflix Values, be adaptable to change, able to juggle multiple responsibilities at the same time, will be self-motivated and must have the ability to work proactively, independently and reliably under tight time-frames in a fast-paced environment.
In This Role You Will:
- Proactively review, evaluate and execute the contractual financial obligations of agreements and deal memos for ATL talent working domestically and internationally. This includes payments for Rights Options/Purchases, Script Acquisitions, Quitclaims, Development Materials, Early Writers Rooms, Series Prep/Production/Post for Comedy Sitcoms and Multi-Cams, one hour Dramatic Series, plus Limited and Event Series. (ATL talent includes: Actors, Writers, Producers, Non-Writing Producers, Consultants, Directors, Line Producers and Casting Directors)
- Prepare payment authorizations and payment schedules for ATL talent to facilitate timely and accurate payments through Netflix Studios, our Prep/Wrap Accounting Team and/or the individual show accounting teams. Including but not limited to mile-stone payments, weekly salaries, bonuses, royalties and the like. We provide guidance for PH&W rates for the applicable guilds (if any). In addition, consultation with our tax team to flag potential issues with loan out corps, pay entities, work location, production locations etc.
- Track deadlines for ATL deals from the development phase through reversion, including subsequent seasons, talent and rights option deadlines and hold periods. We draft and issue relevant notices, including extensions, option exercise and report-to-work notices. We create and distribute option summaries to socialize subsequent season deadlines, tracking writers' room engagements, fees for SAG, WGA Article 67 and tracking order to series deadlines.
- Prepare DGA and DGC director deal memos for execution and ensure directors are paid accurately and timely (including additional days, reshoots, etc)
- Create and maintain WGA tracking spreadsheets and liaise with script coordinators, internal creative and our legal teams for episodic script reporting and step delivery notices to ensure timely payments
- Create and maintain development and series summaries for our assigned projects, upkeep of data driven trackers for multiple cross functional teams plus organization/filing and upkeep of all payment requests and back-up within a cloud-based document management system
- Liaise with internal teams and outside productions regarding delivery of key documents to ensure our team is informed and payments are made in a timely fashion
- Act as internal/external point-of-contact for payment and deadline related questions
- Periodically prepare cost analysis scenarios for various teams
- Ensure ATL payroll start paperwork is received, complete and accurate
- Maintain flexibility and openness to take on additional projects as necessary, even outside of your area of expertise
- Ability to respond positively to change and be receptive to new ideas, to embrace and advocate for cultural diversity and be solution-oriented
About You:
- You have 3-5 years of experience in legal and/or business affairs at a television studio, production company or law firm, or experience in production payroll, production finance, or contracts and payments administration
- You are well versed in the above-the-line union labor agreements (DGA, WGA, SAG-AFTRA, Local 399)
- You have the ability to read, understand and summarize legal contracts with an emphasis on deadline triggers while having the ability to articulate issues using creative, production and financial context
- You are proficient with Google Workspace (Drive, Docs, Sheets, Calendar and Mail)
- Additional knowledge of entertainment payroll practices outside of the US is a bonus, but not required. Netflix produces shows across the world, including but not limited to Vancouver, Toronto, Prague, New Zealand, Australia, South Africa, Germany, UK, etc.
At Netflix, we carefully consider a wide range of compensation factors to determine your personal top of market. We rely on market indicators to determine compensation and consider your specific job, skills, and experience to get it right. These considerations can cause your compensation to vary and will also be dependent on your location.
The overall market range for roles in this area of Netflix is typically $80,000 - $325,000.
This market range is based on total compensation (vs. only base salary), which is in line with our compensation philosophy. Netflix is a unique culture and environment. Learn more here.
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