Need Financial Services

NEED Financial Services is the Entertainment/Media Industry's premiere outsourced production accounting service firm. NEED Financial Services allows entertainment and media production companies to focus strictly on their creative and production endeavors. With NEED, there is no need to worry about maintaining day-to-day back office activities. Our team of professionals handles the necessary tasks of accounts payable and receivable, job costing, and internal financial statement preparation. We work closely with each client's business managers and CPAs to provide them the information required for timely filings/reporting. In addition, NEED’s team can assist clients in creating efficiency in their accounting and operations procedures, as well as consult on a wide range of business affairs. These services allow clients to concentrate their energy and attention on the creative aspects of their business. Accounting Services: • Accounts payable/receivable • Provide all job costing services • Cash management/ Manage bank relationships • Administer payroll through payroll service • Prepare internal quarterly financial statements Film/TV Accounting Services: • Knowledge in best practices and procurement savings strategies • Familiarity with all major production accounting software platforms • Accounts payable, POS, Petty Cash • Banking management • Cash Flow reporting • Cost reporting • Payroll liaison between production team and payroll provider Business Affairs Services: • Assist Executives in preparing and managing annual budgets • Assist and oversee external audits (Financial, Union/DGA, Insurance, etc.) • Review and negotiate financial terms of contracts • Coordinate risk management