November 10, 2023

Behind the Scenes of Production Accounting – A Journey through the eyes of an Accounting Veteran

John Ignacio is a seasoned Production Accountant who has worked on multiple high-profile shows.

Q1: Can you tell us about your journey into the world of production accounting?

John Ignacio: I started my journey in the world of production accounting as an assistant, working my way up through various positions, from a clerk to an assistant accountant. It was a journey that involved learning the ropes of the industry, understanding the nuances of production accounting, and gaining experience that eventually led me to where I am today.

Q2: How has the role of a production accountant evolved over the years?

John Ignacio: Over the years, the role of a production accountant has evolved significantly. Technology has played a crucial role in streamlining processes. We've shifted from paper-based systems to digital solutions, making the work more efficient and accurate. Additionally, the increasing complexity of productions has demanded more specialized skills from production accountants.

Q3: Could you describe a typical day in your role as a production accountant?

John Ignacio: A typical day as a production accountant involves various tasks, such as managing budgets, processing invoices, and ensuring that financial records are up to date. I also need to work closely with the line producer or executive in charge of production to oversee the financial aspects of a project.

Q4: What kind of team do you work with, and what qualities do you look for in your team members?

John Ignacio: My team has two members currently. In terms of qualities, attention to detail is paramount. The team needs to process financial information accurately and on time. It's also essential that they don't procrastinate, as timeliness is critical for maintaining accurate financial records.

Q5: How has the industry changed in terms of growth and tools available for production accounting?

John Ignacio: The industry is continually evolving. We're now more reliant on digital tools, with less paperwork. Many financial processes have become automated. This is a significant shift from the past, and it's made our work more efficient.

Q6: What qualities do you look for in a payroll company for production accounting?

John Ignacio: Accuracy in processing payroll is of utmost importance. We need a company that can handle union dues and payments accurately. Additionally, personal service is crucial; I prefer working with companies that offer a more personal touch.

Q7: Beyond technical skills, what behavioural qualities do you think are essential for a production accountant?

John Ignacio: Adaptability is key. Production accountants often need to work with individuals with different personalities. The ability to navigate these various personalities is crucial. Networking is also vital, as it helps build relationships and expand opportunities in the industry.

Q8: How do you deal with challenging personalities in your line of work?

John Ignacio: When working with difficult individuals, I focus on the end goal. I remind myself that every project has a completion date. If I find someone challenging to work with, I aim to get through the project professionally. Afterward, I may choose not to work with them in the future.

Q9: What advice do you have for those aspiring to enter the field of production accounting?

John Ignacio: My advice is to work hard and be a continuous learner. You won't know everything from the start, so be resourceful and know where to find the information you need. Networking is also crucial; it opens doors and helps you build a reputation in the industry.

John’s journey in the world of production accounting offers a glimpse into the evolution of the industry, from paper-based processes to digital automation. His insights into the qualities required for success in this field, including adaptability and networking, shed light on the behavioural aspects of the job. Aspiring production accountants can learn from his advice on hard work, continuous learning, and resourcefulness as they embark on their own journeys in the industry.

The Revolution Team

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