Finance Director

$120,000 - $150,000/Yr

iHeartMedia - New York, NY

Full-time - Mid Level

New York, NY

Broadcasting and Content Providers

About the position

The Finance Director is a pivotal leadership and operational finance role at iHeartMedia, responsible for collaborating closely with the Market President and/or VP-Finance to address all financial needs across the market. This position is integral to steering the financial planning and analysis process, ensuring that both short-term and long-term business decisions are made effectively while driving process improvements. The Finance Director will evaluate, supervise, and develop the market finance team, overseeing functions such as special project support, budgeting, cost management, revenue optimization, business planning, reporting and analytics, and consulting with business leaders. Additionally, the Finance Director will lead the analysis of sales and margin, as well as develop and measure key performance indicators (KPIs). Reporting directly to the VP Finance for the Division, this role also has a dotted line reporting relationship to the Market President. In this role, the Finance Director will partner with market leadership to analyze results and develop budgets, lead key components of the budgeting and forecasting processes, and be responsible for budgeting personnel, capital, and operational expenses. The position requires formulating business analyses of monthly and quarterly results for the executive team, leading the development and publication of standard reporting packages, and performing actual versus budget analyses to identify risks or opportunities associated with reported financial data. The Finance Director will enhance revenue and expense forecasting with a keen attention to detail and accuracy, support accounting for monthly and quarterly close processes, and oversee the management of direct reports in Financial Planning and Analysis (FP&A) across multiple markets. Furthermore, the role emphasizes the importance of driving process improvement and best practices within the finance team.

Responsibilities

• Partner with Market Leadership to analyze their results and develop budgets.
• Lead key parts of budget/forecasting processes for the Market.
• Responsible for budgeting of personnel, capital and/or operations expense.
• Formulate business analysis of monthly/quarterly results for members of the executive team.
• Lead process to develop and publish standard reporting packages for various levels of management reporting, including reporting dashboards for executive management.
• Perform actual vs. budget analysis and identify risks or opportunities associated with reported financial data.
• Enhance revenue and expense forecasting with attention to detail and accuracy.
• Support accounting for monthly/quarterly close processes and forecasting.
• Oversee the management of the activities of direct reports in FP&A for multiple markets.
• Develop managerial and technical skills of staff.
• Drive process improvement and best practices.

Requirements

• A bachelor's degree in business, finance, accounting, economics, or related field is required.
• MS/MBA preferred.
• At least 7-10 years of financial experience, including hands-on FP&A experience.
• Minimum of 5 years of management/supervisory experience.
• Skills in Microsoft Office (Word, Excel, PowerPoint, Outlook, etc.).
• Experience leading the preparation of long-range forecasts, annual budgets, short-term plans, and healthy rolling forecasts.
• Strong understanding of accounting processes, procedures, and internal controls.
• Ability to research and identify problems, develop proposals, and conduct analysis independently and in collaboration with others. High accuracy with numbers.
• Familiarity with financial systems such as Cognos a plus.
• Ability to lead & execute in multi-task, fast-paced dynamic environment.

Nice-to-haves

• Experience in team and project management for mid-sized projects.
• Ability to recognize and mitigate risk.
• Confidence to solve complex problems using multiple sources of information.
• Growth mindset and desire for continued knowledge sharing and learning.
• Understanding of impact of your own decisions.
• Ability to identify new opportunities for continued improvement across business.
• Comfort acting as a trusted advisor for colleagues with less experience.
• Ability to manage complex and confidential information and to influence others to build consensus across all levels.

Benefits

• Employer sponsored medical, dental and vision with a variety of coverage options
• Company provided and supplemental life insurance
• Paid vacation and sick time
• Paid company holidays, including a floating holiday that enables employees to celebrate the holiday of their choosing
• A Spirit day to encourage and allow employees to more easily volunteer in their community
• A 401K plan
• Employee Assistance Program (EAP) at no cost - services include telephonic counseling sessions, consultation on legal and financial matters, emotional well-being, family and caregiving
• A range of additional voluntary programs, such as spending accounts, student loan refinancing, accident insurance and more!