Vice President of Finance, CBS News & Stations

44193

New York, NY, US, 10019

Finance/Accounting

New York

Full-Time

On-Site

#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

Looking for an extremely dynamic, seasoned, and forward-thinking financial executive who has significant experience in strategic transformation, team development, and relationship building, as well as robust project management and analytical skills, to oversee the financial operations of the News division! The VP of Finance is a key member of the organization, reporting to the Chief Financial Officer. This role works with multiple stakeholders, providing detailed analysis on various platforms across the organization, including Linear and Digital. They will coordinate with the functional executive team on all costs, including labor and non-labor, and develop a robust knowledge of the organization. The VP of Finance has direct supervisory responsibilities and will develop and provide constructive evaluations and feedback, mentor, and support their professional development.

Responsibilities include, but are not limited to:

• Oversee budgeting, forecasting, and monthly reporting processes and ensure accuracy and predictability
• Lead the development of detailed trend analyses, long-range business plans, revenue and expense budgets/forecasts
• Ability to collaboratively create high-level presentations for executive management
• Work with executives to identify and evaluate strategic opportunities to grow revenue and achieve short- and long-term goals
• Provide detailed variance explanations on monthly actual reporting as well as forecasts. As information becomes available, which affects short and long-term forecasts, revise the forecasts and analyses to ensure accuracy and transparency
• Synthesize complex information into a format that is detailed, clear, and concise
• Responsible for supervision, timely execution, and robust awareness of all financial operations, including ultimate accounting, free cash flow reporting, variance analyses, and the application of revenue recognition methodologies for appropriate accounting treatments
• Work closely with members of the financial organization in team development by supporting the principles of effective teams. Develop and train new team members throughout the finance organization as appropriate.
• Identify trends/issues and problem solve to improve the quality of financial results
• Develop and leverage financial and business reporting systems to optimize the monthly close and financial reporting process

Basic Qualifications
• Bachelor’s degree in Finance, Business, or Economics
• MBA or CPA preferred
• Minimum 15+ years in Finance; Media/Entertainment focus preferred
• Strong understanding of Linear Broadcast, Traffic Operations, and Digital Space

Additional Qualifications
• Highly analytical, able to synthesize data and provide insightful narratives
• Strong management skills and proven track record of successfully managing teams
• Strong management, organization skills, attention to detail, and work ethic
• Results-oriented with the ability to multitask in a very dynamic environment
• Excellent written and verbal communication skills
• Advanced skills in Excel & PowerPoint
• Experience creating materials for executive-level management
• Actively seeks diverse views and fosters an inclusive team environment

CBS News and Stations, brings together the power of CBS News, 28 owned television stations in 17 major U.S. markets, the CBS News Streaming Network, CBS News Streaming local platforms, local websites and cbsnews.com, under one umbrella. CBS News and Stations is home to the nation’s #1 news program 60 MINUTES, the CBS News Streaming Network, the first 24/7 digital streaming news network, the award-winning broadcasts CBS MORNINGS, CBS SATURDAY MORNING, the CBS EVENING NEWS, CBS SUNDAY MORNING, CBS WEEKEND EVENING NEWS, 48 HOURS and FACE THE NATION WITH MARGARET BRENNAN. CBS News and Stations provides news and information for the CBS Television Network, CBSNews.com, CBS News Radio and podcasts, Paramount +, all digital platforms, and the CBS News Streaming Network, the premier 24/7 anchored streaming news service that is available free to everyone with access to the internet. The CBS News Streaming Network is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations’ top anchors and correspondents working locally, nationally and around the globe. CBS News’ streaming services, across national and local, amassed more than 1.01 billion streams in 2021. Launched in November 2014 as CBSN, the CBS News Streaming Network is available on 30 digital platforms and apps, as well as CBSNews.com and Paramount+. The service is available live in 91 countries. CBS News and Stations is dedicated to providing the highest quality journalism under standards it pioneered and continues to set in today’s digital age. CBS News earns more prestigious journalism awards than any other broadcast news division.

ADDITIONAL INFORMATION

Hiring Salary Range: $200,000.00 - 250,000.00.

The hiring salary range for this position applies to New York, 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.

What We Offer:

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.