Roderick Smith has been appointed executive vice president of production finance at Paramount Pictures and will report to president of feature production management Mark Bakshi.

Smith will oversee day-to-day management of the production finance department including budgeting and cost estimating and will analyse production incentives and tax rebates for worldwide productions.

Prior to joining Paramount, Smith served as senior vice president of production finance at Marvel Studios. From 1991-2000 he was vice president of production finance at Walt Disney Pictures and served as senior vice president of production finance at Universal Pictures from 2000-2004.

'[Smith's] extensive knowledge of feature film financing is impressive, and his ability to successfully manage our slate of films is an asset to Paramount,' Bakshi said.