Sr Financial Analyst
New York, NY, US, 10036
#WeAreParamount on a mission to unleash the power of content… you in?
We’ve got the brands, we’ve got the stars, we’ve got the power to achieve our mission to entertain the planet – now all we’re missing is… YOU! Becoming a part of Paramount means joining a team of passionate people who not only recognize the power of content but also enjoy a touch of fun and uniqueness. Together, we co-create moments that matter – both for our audiences and our employees – and aim to leave a positive mark on culture.
Overview and Responsibilities:
The US Distribution (USD) Affiliate Finance team is responsible for the reporting and analysis of all financial information through budgeting, monthly/quarterly close and forecasting processes. USD delivers affiliate revenue through the distribution of Paramount broadcast stations and domestic cable networks across distributor partners such as Comcast, Charter, DirecTV, YouTube TV, Hulu+Live, etc.
Responsibilities include but are not limited to:
Distributor Remittances:
- Review and understand contractual terms to accurately input into financial databases for proper revenue recognition.
- Manage & resolve high volume of accurate and timely input of monthly distributor remittances, ensuring the integrity of data transferred among various financial applications.
- Perform system reconciliations and reporting & analysis to ensure the accuracy of revenue recognition. Troubleshoot and resolve system errors.
- Participate in identifying & implementing improvement process through standardization and with emerging technologies.
Month-End Close Processes:
- Perform month end close and accounting activities.
- Maintain and monitor outstanding account receivable balances and communicate with customers to reconcile variances and ensure payments / subscriber reporting is received.
- Prepare and communicate monthly results to senior management inclusive of explaining month to month changes.
Forecast & Planning:
- Work closely with USD senior management and business partners to build planning assumptions for current year forecast and upcoming annual budget & long-range planning.
- Communicate and coordinate across Paramount finance on key budget assumptions owned by the USD business.
Basic Qualifications:
- Bachelor’s degree in a quantitative area of study or equivalent work experience required
- Minimum of 4-5+ years of experience of relevant finance or accounting work
Additional Qualifications:
- High level of proficiency in Excel and PowerPoint, must be comfortable working with large data sets
- Strong interpersonal and oral/written communications skills for conveying essential information, ability to contextualize data optimally and efficiently
- Ability to learn quickly, be flexible and adapt to changing industry and organizational landscape
- Demonstration of basic Accounting/Finance knowledge (e.g. account reconciliation, debits/credits, etc.)
- Experience in general ledger systems (e.g. Oracle) a plus
- Experience in forecasting and reporting tools (e.g. automation tools, SAP Analytics Cloud, Longview, Tableau, Cognos) a plus
- Interest in and passion for media and technology
- Don’t check all the boxes? That’s okay! We encourage you to still apply if you feel like you possess an adjacent skillset and are interested in learning more about this position.
Paramount Skydance Corporation (NASDAQ: PSKY) 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+, and Pluto TV, 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: $85,000.00 - 100,000.00.
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.
- Attractive compensation and comprehensive benefits packages. Check out our full list of benefits here: https://www.paramount.com/careers/benefits
- Generous paid time off.
- An exciting and fulfilling opportunity to be part of one of Paramount’s most dynamic teams.
- Opportunities for both on-site and virtual engagement events.
- Unique opportunities to make meaningful connections and build a vibrant community, both inside and outside the workplace.
- Explore life at Paramount: https://www.paramount.com/careers/life-at-paramount
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 paramountaccommodations@paramount.com. Only messages left for this purpose will be returned.
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City