Financial Analyst - CBS Digital

Full-time - Entry Level

Hybrid - New York, NY

Broadcasting and Content Providers

About the position

The Financial Analyst will support the CBS News, Stations, and CBS Media Venture (CMV) Digital division and report to the Senior Manager, FP&A. The Analyst will assist in ensuring the accuracy and integrity of forecasts and budgets, tracking performance, managing monthly operating expenses, and using analysis to drive informed decision-making. This position offers the right candidate an excellent opportunity within a successful and growing global media organization to wide-ranging exposure to the evolving streaming platforms. The Financial Analyst (News, Stations & CBS Media Venture) will help contribute by driving quantitative and qualitative analyses to optimize financial performance.

Responsibilities

• Budgeting/Forecasting. Work on business models to manage forecasting of the monthly P&L and drive the annual budget and financial plans for CBS News, Stations and CMV Digital Properties
• Work with Accounting in preparation for monthly close. Manage month-end accruals, contracts, and invoices.
• Expense management, risk analysis and mitigation. Actively monitor expense levers and cost controls required to maintain profitability and achieve budgeted profit targets.
• Collaborate closely with various teams, including Ad Sales Revenue, Yield Management, Business Intelligent, Accounting, Strategy, and Partnerships to analyze and forecast the financial impact for News, Stations, and CMV
• Ad Hoc Analysis: Prepare financial data and various requests as needed and provide actionable analysis for internal review and rapid decision-making
• This role is pivotal in delivering strategic, financial, and operational insights that align with the goals of the business

Requirements

• Bachelor's degree
• 2+ years of work experience in finance, accounting, or similar quantitative role; media, entertainment, and/or technology experience a plus
• High proficiency in Microsoft Office and/or Google Workspace suite skills, particularly Excel/Sheets and Powerpoint/Slides
• Strong financial modeling, forecasting, and analytical skills
• A willingness and quick ability to learn new software
• Excellent communication and presentation skills - be able to handle and synthesize large datasets to deliver critical insights in an easy-to-digest format for management and external partners
• Ability to work independently in a fast-paced environment

Nice-to-haves

• Advanced knowledge of Cognos TM1 and Oracle Financials a plus!

Benefits

• medical
• dental
• vision
• 401(k) plan
• life insurance coverage
• disability benefits
• tuition assistance program
• PTO