Financial Analyst, CBS News

Overview and Responsibilities

CBS News is seeking a diligent and strategically minded Financial Analyst to join our finance team. The Financial Analyst will perform a broad range of financial activities including the consolidation of the divisions’ financials, assisting with the financial planning and budgeting processes, forecasting, building financial models, preparing presentations, and performing research and analysis using large data sets. The ideal candidate is well organized, solution focused, and able to take initiative. This role will report into the FP&A Director of CBS News.

Key Responsibilities:
•    Build financial models and perform complex scenario analysis for projects that span multiple business units including News Broadcasts, Newsgathering & Operations
•    Work with large data sets to analyze current and past financial data and performance including News story cost break-down
•    Identify trends in financial performance and provide recommendations for improvement
•    Collaborate with the CBS News & Operations team on the monthly forecast and assist in development and preparation of the annual budget and long-range financial plan
•    Prepare monthly budget performance reports for CBS News departments and broadcasts
•    Update and provide trend analysis for overtime & operations dashboard. Work with business units to manage overtime and reduce cost to CBS News
•    Assist FP&A Director to prepare presentations and other key materials for the CBS News leadership team
 

Basic Qualifications
•    Bachelor’s degree required, a focus in Finance, Analytics or related area preferred
•    2+ years of experience in financial planning, analysis, and financial modeling; experience in investment banking, consulting, or corporate development is preferred
 

Additional Qualifications
•    Exemplary Excel, PowerPoint and financial modeling skills
•    Strong understanding of corporate finance concepts and accounting principles
•    Ability to multitask and work seamlessly across numerous projects / work-streams
•    Strong verbal and written communication skills
•    Excellent attention to detail with strong problem solving and critical thinking ability
•    Ability to work in a team environment while working independently on multiple tasks
•    Knowledge of ERP systems and related technologies

#LI - hybrid
 

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 WITH NORAH O’DONNELL, 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: $60,000.00 - 80,000.00. 

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.   

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.

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