HBCUGo X HBCU Film First Look Let’s Talk Series “Finance”
On April 25, 2024, the Center for Africana Futures (CAF) hosted a dynamic and insightful event: the HBCUGo X HBCU Film First Look Let’s Talk Series “Finance.” This event, held at 5:30 PM, was designed for students, faculty, staff, and community members eager to learn about careers in production finance and film accounting. The session was co-sponsored by HBCUGo and HBCU First Look Film: Let’s Talk Series, a collaboration aimed at educating and empowering the next generation of entertainment industry professionals.
The Let’s Talk Series at TSU featured two prominent experts in production finance: Nicole Dixon, Senior Vice President of Production Finance, and Denise Wax, a seasoned Production Accountant. Both speakers provided a comprehensive overview of how money is made, counted, and spent throughout the film production process. Attendees were treated to an inside look at the intricacies of managing budgets and ensuring the financial health of a project from pre-production to post-production.
Highlights from the Event
Nicole Dixon kicked off the session by explaining the critical role that production finance plays in ensuring that a film or television project runs smoothly. She emphasized that while the creative aspects of production often take center stage, none of it would be possible without the meticulous budgeting and financial oversight that happens behind the scenes. “Money drives the process in production. From the moment a script is greenlit, we have to ensure every dollar is accounted for and maximized,” Dixon said. Her remarks underscored the importance of understanding both the art and science behind managing large sums of money in high-stakes environments.
Denise Wax followed up with a hands-on approach to the logistics of being a production accountant. She described the day-to-day responsibilities of tracking expenses, managing payroll for crew members, and ensuring that the production stays within its financial parameters. “It’s not just about crunching numbers,” Wax explained. “We are part of the storytelling team. Every dollar we save can go back into making the project better.” Her presentation provided practical advice for anyone considering a career in production finance, including the types of skills and certifications that can help one succeed in the field.
The event also included a robust Q&A session, where attendees had the chance to ask the speakers about the paths they took to enter the industry and how others can join production finance teams. Both Dixon and Wax stressed the importance of networking, gaining experience through internships, and continuing education in finance and accounting.
The Path to a Career in Production Finance
For those interested in pursuing a career in film production finance, Dixon and Wax highlighted key steps to consider. They encouraged attendees to start with a solid foundation in finance, accounting, or business management, coupled with a passion for film and television. Practical experience, whether through internships or entry-level positions, is essential for getting a foot in the door. The speakers also emphasized the value of mentorship and staying updated on industry trends, particularly with the increasing role of digital platforms and streaming services in reshaping how production budgets are managed.
If you missed the event, it’s available on-demand streaming at HBCUGo. For more information about upcoming events and programs, visit Center for Africana Futures and HBCU First Look.
