Financial Analyst - CBS Television Network

Paramount Pictures; New York (NY); Hybrid; USD 60,000 - 73,000; Full time

Job summary

An established industry player is seeking a Financial Analyst to join their dynamic FP&A team. This role offers a unique opportunity to engage in the financial planning process, preparing budgets and forecasts while providing insightful analysis to support decision-making. The ideal candidate will thrive in a collaborative environment, showcasing their analytical skills and attention to detail. This position not only allows for professional growth within the finance sector but also offers a chance to impact the media landscape significantly. If you are passionate about finance and eager to contribute to a leading media company, this is the perfect opportunity for you.

Benefits

Medical insurance

Dental insurance

Vision insurance

401(k) plan

Life insurance

Disability benefits

Tuition assistance

Paid time off

Qualifications

• 2-3 years of relevant experience in finance or accounting.
• Strong proficiency in Excel and financial reporting tools.

Responsibilities

• Prepare budgets and forecasts for SG&A departments.
• Assist in financial analysis and reporting using TM1 and Oracle.

Skills

Excellent communication skills

Detail-oriented

Ability to prioritize

Autonomous work

Team collaboration

Education

Bachelor’s degree in Accounting or Finance

Tools

TM1

Oracle Financial Systems

Excel

PowerPoint

Word

Job description

New York, NY, US, 10036

Finance/Accounting

New York

Full-Time

Hybrid

Overview & Responsibilities:

The Financial Analyst will be an important member of the CBS Network Segment Mgmt / Financial Planning & Analysis (FP&A) team. This position offers a great opportunity to learn about and support the overall FP&A process by assisting with the preparation and consolidation of forecasts, budgets, and long range plans. The Financial Analyst will provide analysis for internal review and decision-making, while continuously looking to improve efficiency in process and reporting. The right candidate is well organized, proactive and passionate about the media industry.

Responsibilities include but are not limited to:

• Prepare budgets and monthly forecasts for SG&A departments, including Communications, Research, Captioning, and Program Practices.
• Assist in the administration of TM1 database, including adding new users, creating/updating reports, and preparing the system for forecasts and budgets.
• Use TM1 and Oracle Financial Systems to monitor monthly financial results for SG&A costs compared to budget and determine if month-end accruals are required and prepare variance reports.
• Interact with senior management from the SG&A departments and suggest operational and financial improvements.
• Assist in the overall consolidation of the CBS Television Network monthly financials using TM1 and Excel for both P&L and Cash Flow.
• Prepare weekly Treasury analysis for CBS Television Network.
• Assist in the reporting of Retransmission and Affiliate Revenue using TM1.
• Monitor monthly capital expenditure spending at the CBS Television Network, including spending for Sports, News, and Operations.
• Work on special projects as requested.

Basic Qualifications:

• Bachelor’s degree required (Accounting, Finance, or equivalent).
• 2-3 years+ relevant experience.
• Excellent communication skills, both verbal and written.
• High competency level in Excel, PowerPoint, and Word.
• Willingness and ability to learn new software.
• Ability to work autonomously and within a team to meet goals and objectives.
• Detail-oriented and ability to prioritize and work within a deadline driven environment.

Additional Qualifications:

• Ability to be agile and adapt to changing industry and organizational landscape.

At all levels of Finance, every employee is expected to embody these core competencies:

• Execute against goals and deadlines.
• Influence and effectively communicate with team-members to drive work forward - Design, apply, and interpret robust analytical solutions to support decisions.
• Positively impact a culture of people development and learning.
• Translate the “big picture” vision into a clear action plan.

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.

ADDITIONAL INFORMATION

Hiring Salary Range: $60,000.00 - 72,500.00.

The hiring salary range for this position applies to New York City, 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.

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. 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.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.paramount.com/careers as a result of your disability. You can request reasonable accommodations by calling 212.846.5500 or by sending an email to [e-mail]. Only messages left for this purpose will be returned.

Nearest Major Market: Manhattan
Nearest Secondary Market: New York City