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Financial Analyst, Paramount+

34277

New York, NY, US, 10036

Finance/Accounting
New York
Full-Time
Hybrid

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.


OVERVIEW & RESPONSIBILITIES 


CBS Interactive is looking for a Financial Analyst to join their Financial Planning & Analysis team in New York, NY! The Financial Analyst will support the Entertainment division of CBS Interactive and will focus primarily on Paramount+, our premium subscription product, which houses content from CBS, BET, Comedy Central, MTV, Nickelodeon, Smithsonian Channel, TV Land, VH1, Paramount Pictures and other sports programming as well as original streaming content.

Much of the Analyst’s time will be dedicated to the valuation of existing content in the service as well as valuing content procurement opportunities, ranging from original series to live sports to movies. This role is focused on content strategy, therefore it will be modeling intensive and require an independent and creative thinker. Attention to detail is essential as analyses help inform long-term digital strategy.

This position offers the right candidate an excellent opportunity within a successful and growing global media organization. It will provide wide ranging exposure to the evolving interactive content industry while working within the broader media umbrella of ViacomCBS Corporation.

-  Your Day-to-Day:

-  Responsible for creating and maintaining complex financial models to support the budgeting, forecasting and expansion of Paramount+.

-  Maintain and update Paramount+ Long Range Plan as it continues to evolve.

-  Assist in maintaining show production budgets as they pertain to existing and planned original series, such as 1883 and Star Trek Discovery.

-  Build and update Paramount+ original series “greenlight” models in an effort to scope the value of specific content on the service.

-  Model by title amortization expense as it relates to Paramount+ originals series & movie licensing costs.

-  Work with internal business partners (Data Insights Group, Marketing, Entertainment Paramount+ Development/Content & Strategy, Studios) to model new Paramount+ expansion opportunities, including live sports, kid’s content, and movies.

-  Manage detailed expense and revenue budgets for digital content housed on Paramount+, including Rights & Participations and Marketing budgets.

-  Ad hoc requests and analyses will be frequent.


BASIC QUALIFICATIONS


-  Bachelor’s Degree required

-  Minimum of 2-4 years experience in FP&A, finance or equivalent quantitative roles


ADDITIONAL QUALIFICATIONS 


-  High level of proficiency in Excel, experience in preparing complex financial models and manipulating large datasets

-  Strong communicator with the ability to moderate based on audience and demonstrate an ability to partner with a range of cross functional partners

-  Experience in a highly analytical environment

-  Strong work ethic and an acute attention to detail required

-  Ability to work quickly and accurately on multiple projects concurrently

-  Finance/Economics/Mathematics/Accounting major preferred

-  Rigorous modeling experience

-  Prior experience in digital media, specifically in a subscription-based role, is highly desirable

 

ADDITIONAL INFORMATION

 

Hiring Salary Range: $62,500.00 - 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.   

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.

 

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 viacomaccommodations@viacom.com. Only messages left for this purpose will be returned.

 

Paramount believes in creating environments that allow our primary focus to remain on providing entertainment, education and information to our millions of viewers around the world. As part of this commitment to health and safety, Paramount requires COVID-19 vaccines for current U.S. employees, including all newly hired employees, subject to applicable law. Union employees are subject to the agreement reached between the Company and the applicable Union.


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