Manager, FP&A, CBS News

CBS News is seeking a detail-oriented and strategically minded Manager to join our finance team. The Manager will be responsible for cash flow, balance sheet and capital expenditures. The Manager perform a broad range of financial activities including playing a significant leading role in leading the financial planning, budgeting, forecasting, building financial models, preparing reports, and presentations and analysis required by leadership. As a Manager, you will also be responsible for providing financial guidance to business leaders and assisting with monthly close processes. This role will report into the Director FP&A of CBS News.

Specific responsibilities include:

• Capital Expenditure forecast, budget & long range plan
• Lead the Capital Project Request (CPR) approval process; create CPRs as required
• Capital Expenditure Project Management – review spend to date & project status
• Compile the Depreciation forecast & budget
• FP&A lead for capital project operating expense
• Capital Expenditure consolidation of News & Stations; quarterly presentation to senior leadership
• Cash Flow forecast, budget, long range plan & variance explanations
• Weekly Cash Flow consolidation, Free Cash Flow reporting & cash programming reconciliation
• Balance Sheet forecast, budget, long range plan & variance explanations
• Monthly accrual summary & consolidation
• Accounts Payable review/Cash Requirement; Ad hoc vendor/invoice/payable analysis

Basic Qualifications

• Bachelor’s degree required, a focus in Accounting, Finance, or related area preferred
• 5+ years of experience in financial planning, analysis, accounting and financial modeling

Additional Qualifications

• Ability to present financial information to a non-financial audience
• Strong 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 analytical thinking abilities
• Ability to work in a team environment while working independently on multiple tasks
• Knowledge of ERP systems and related technologies

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: $85,600.00 - 120,000.00. 

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.  

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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