Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, Paramount's portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. Paramount delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution and advertising solutions.
Overview & Responsibilities:
We are currently seeking a Financial Analyst to join the CBS Entertainment and Sports Digital team! This role is essential to maintaining and ensuring the ongoing and future financial success at both Entertainment and Sports digital.Additionally, this person will play a key part in month-end close, forecasting, budgeting, and long-range planning, as well as various ad hoc analyses.
We are an enthusiastic group helping to lead the future of media and technology by providing Financial Planning support to the CBS Digital properties. The CBS Digital FP&A department works closely with various groups across the sports and central groups to help budget and manage strategic initiatives across the organization. The FP&A team is responsible for budgeting and forecasting revenue and expenses to help support higher level business decisions. We also model out new initiatives and monitor key KPIs to determine the health of the many aspects of the Sports and Entertainment Digital business. As CBS digital continues to grow and expand, we are looking for a leader for our Financial Planning & Analysis team to support our Entertainment and Sports business. Our Executive leadership relies heavily on the Financial Planning & Analysis team to shape strategy and inform important business decisions with actionable data-driven insights.
In this role, you will need to be a visionary self-starter who will collaborate with various strategic partners across the Sports and Entertainment business. As the Financial Planning and Analysis analyst, you will be able to work effectively, autonomously and drive strategy and effective decision making cross-functionally with Data Products, Yield, Engineering, Product, Business Intelligence, and Accounting. You must thrive in a fast-paced environment, possess a high level of intellectual curiosity, and feel comfortable manipulating large data sets to generate actionable insights and results.
Responsibilities include but are not limited to:
You’ll be responsible for the budgeting and forecasting of the CBS digital business. You’ll be responsible for creating complex financial models to support the budgeting, forecasting and expansion of the CBS Sports and Entertainment digital business You’ll be responsible for the day-to-day financial oversight of the digital business You’ll manage the close, forecast and budgeting for the digital P&Ls collaborating closely with FP&A and Accounting every month You’ll be responsible for many revenue streams on the digital P&L for Sports and Entertainment You’ll create strategic value-added analyses around growth opportunities, expense optimization, and core business metrics and to drive better decisions and results You’ll monitor all revenue drivers and analyze key predictors, identify trends and present actionable insights to the Finance and executive team respectively
Basic Qualifications:
2-3+ years of experience in highly analytical environment – digital media FP&A, finance, consulting firm, investment bank, corporate strategy P&L management experience required Strong communicator with the ability to moderate based on audience and demonstrate an ability to partner with a range of cross functional partners Expert/advanced expertise in excel, and experience in preparing complex financial models and manipulating large datasets BS in Finance, Economics, Marketing or related field preferred Ambitious, strong work ethic, accurate and attention to detail required
CBS, a subsidiary of Paramount Global, creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company has businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media. It includes some of the industry’s most successful and popular brands and businesses: CBS Television Network, CBS News and Stations, CBS Sports, CBS Studios, CBS Media Ventures and CBS digital properties.
ADDITIONAL INFORMATION
Hiring Salary Range: $60,000.00 - 80,000.00.
The hiring salary range for this position applies to New York, California, Colorado, Washington state, and most other geographies. Starting pay for the successful applicant depends on a variety of job-related factors, including but not limited to geographic location, market demands, experience, training, and education. The benefits available for this position include medical, dental, vision, 401(k) plan, life insurance coverage, disability benefits, tuition assistance program and PTO or, if applicable, as otherwise dictated by the appropriate Collective Bargaining Agreement.
https://www.paramount.com/careers/benefits
Paramount is an equal opportunity employer (EOE) including disability/vet.
At Paramount, the spirit of inclusion feeds into everything that we do, on-screen and off. From the programming and movies we create to employee benefits/programs and social impact outreach initiatives, we believe that opportunity, access, resources and rewards should be available to and for the benefit of all. Paramount is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, creed, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, and Veteran status.
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