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Vice President, Technical Accounting

34134

New York, NY, US, 10019

Finance/Accounting
New York
Full-Time
Hybrid

Paramount Global (NASDAQ: PARA, PARAA) 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+, Pluto TV and Simon & Schuster, 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.

We are looking for a VP, Technical Accountant to join the team! This role is responsible for providing technical accounting guidance in compliance with US GAAP in connection with significant business transactions and the implementation of new accounting standards. Liaising with M&A, Legal, Tax, Treasury and divisions, this role will provide insight on the arrangement of transactions, including consolidation assessments.

 

Overview

Responsible for overseeing the company’s technical accounting function, including providing technical accounting guidance in connection with significant business contracts and M&A activity, the implementation of new accounting standards and coordination of all technical accounting items and quarterly monitoring process across the department and company.

This role reports to the Deputy Controller and have one direct report. This position is located in NYC/Times Square and is hybrid.

 

Responsibilities

  • Provide technical accounting guidance to the Company’s divisions, corporate development team and other corporate functions in connection with significant business transactions, contracts and other accounting issues
  • Advise on the structuring of transactions and consult on proposed transactions, including consolidation assessments
  • Determine impact of new accounting standards and aid in their implementation and the preparation of disclosures for external reporting
  • Assist in accounting-related diligence materials and review of transaction documents in connection with acquisitions and divestitures
  • Support completion of purchase accounting for business combinations, including review of internal and 3rd party valuations
  • Responsible for quarterly peer reviews and tracking of new accounting regulations
  • Oversee the coordination of all technical accounting items to ensure they are completed.
  • Directly manage one team member and indirectly manage the allocation of operating activities arising from new technical accounting pronouncement and M&A activities
  • Perform quarterly and annual investment impairment assessments
  • Advise divisions and corporate groups on accounting for restructuring and other corporate matters, including lease-related actions
  • Document accounting conclusions in comprehensive accounting memos
  • Preparation of presentations/technical decks for various meetings as needed
  • Work with external auditors during quarterly and year end reviews and audits by preparing information requests and addressing inquiries.

 

Basic Requirements

  • Bachelor’s degree required
  • CPA required
  • 8+ years of related work experience

 

Additional Requirements

  • Ability to deliver against goals and deadlines
  • Ability to effectively communicate and persuade others to drive work forward
  • Ability to design, apply and interpret robust analytical solutions to support business performance and decision making
  • Ability to positively contribute to the hiring, development and culture of the team, including an intentional approach in ensuring that diversity, equity and inclusion are upheld in ways of working and in all decisions
  • Ability to translate “big picture” vision and long-term outlook into clear objectives and action plans
  • Prior entertainment & media experience a plus
  • Proficient in Excel, Word and PowerPoint

 

ADDITIONAL INFORMATION

 

 

Hiring Salary Range: $190,000.00 - 235,000.00. 

 

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. This position is bonus eligible.  

 

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