Unclassified - New York, NY

posted 5 months ago

Full-time - Senior
New York, NY
11-50 employees

About the position

The Senior Director of Finance, Digital for Fox Television Stations is a pivotal role responsible for overseeing the financial reporting and analytics of the company's digital businesses, which include the CTV and Fox Local Extension (FLX) platforms, as well as various websites and mobile applications. This position is integral to the financial health of the digital operations and reports directly to the Senior Vice President of Financial Planning & Strategy. The role also provides support to the Senior Vice Presidents of Digital Operations and Digital Sales, particularly in areas such as forecasting, budgeting, strategic financial analysis, and decision-making processes. In this capacity, the Senior Director will partner closely with the SVP Digital Operations, SVP Digital Sales, and heads of the Digital Department to create accurate expense forecasts and budgets for centralized teams, while also managing expenses during the monthly close process. A key responsibility includes overseeing all financial reporting for LiveNOW from FOX, the national live streaming news product, ensuring that the consolidated FTS Digital Profit and Loss statement is accurate and that variance analysis is conducted for weekly revenue reporting, monthly closes, budgets, forecasts, and ad hoc analyses. The role requires preparing financial analyses on product launches and other initiatives, managing expense and revenue allocations to the stations, and collaborating with Station Finance and Sales/Ad Ops teams to develop and implement company-wide policies and procedures. Additionally, the Senior Director will act as the finance lead for system integrations and implementations, review and negotiate contracts with third-party vendors, and prepare presentations and communications for senior management. Other duties may be assigned as deemed appropriate, making this a dynamic and multifaceted position within the organization.

Responsibilities

  • Partner with the SVP Digital Operations, SVP Digital Sales and Digital Department Heads to create expense forecasts/budgets for the centralized teams and manage expenses during the monthly close.
  • Oversee all financial reporting for LiveNOW from FOX, our national live streaming news product.
  • Responsible for the consolidated FTS Digital P&L and variance analysis for weekly revenue reporting, monthly close, budget, forecasts, and ad hoc analysis.
  • Prepare financial analysis on product launches and other initiatives.
  • Manage expense and revenue allocations to the stations (both actual and forecasted).
  • Work with Station Finance and Sales/Ad Ops teams to create and implement policies and procedures across the company.
  • Finance lead for system integrations and implementations.
  • Review / negotiate contracts with third party vendors and approve invoices.
  • Prepare presentations and communications for Senior Management.
  • Other duties as deemed appropriate and assigned.

Requirements

  • Bachelor's Degree in Finance, Accounting or related field required; MBA and/or CPA preferred.
  • Minimum 10 years relevant work experience, with 5+ years in a financial management position.
  • Experience in digital ad sales is a must; broadcast experience a plus.
  • Experience with digital ad serving platforms (GAM and FreeWheel) and order entry systems (WideOrbit and Operative) is preferred.
  • Proficiency in Microsoft Office Excel and financial modeling.
  • Track record of working independently on multiple mission-critical projects and meeting tight deadlines.
  • Superior attention to detail and accuracy with excellent problem-solving and project management skills.
  • Team player attitude.

Nice-to-haves

  • Experience with digital ad serving platforms (GAM and FreeWheel) and order entry systems (WideOrbit and Operative) is preferred.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • 401(k) plan
  • Paid time off
  • Other benefits in accordance with applicable plan documents.
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