Director of Participations, Deal Analysis & Ultimates
CBS Studios
Hollywood, CAThis is a Full Time Job
OVERVIEW & RESPONSIBILITIES
We’re looking for a Director, Participations Ultimates & Deal Analysis to join our team and play a key role in shaping how we evaluate, model, and manage participations across our television portfolio for CBS Studios, CBS Entertainment and Nick Studios. In addition, this role will lead the development of greenlight models for scripted, unscripted, and digital-first projects, ensuring executives have the insights needed to make data-driven decisions that balance creative ambition with financial rigor. This role blends finance, deal analysis, and critical thinking to help drive strategic decision-making around talent agreements, partnerships, and distribution opportunities.
Responsibilities include but not limited to:
• Oversee the modeling of participations and residual ultimates across the TV slate, incorporating complex deal terms and evolving guild/union requirements.
• Maintain ongoing participation & residual forecasts to ensure accurate cash flow and P&L planning.
• Partner with Business Affairs, Legal, Labor Relations, and Creative to evaluate new deals with talent, producers, and distributors.
• Act as the go-to expert on participations & residuals for the CBS Studios Finance org.
• Support greenlight and investment decisions for new TV projects with the design and presentation of detailed greenlight models, including revenue forecasts, cost structures, participations obligations, and ROI analyses.
• Simplify complex models in order to generate clear and concise financial recommendations.
BASIC QUALIFICATIONS
• 10 years of experience in participations for a Studio, network or streamer
• Bachelor's degree in Finance or related field
• A deep understanding of TV talent agreements, participations & backend definitions, and residual structures
• Strong modeling and Excel skills; comfort with complex data and translating it for non-financial audiences
ADDITIONAL QUALIFICATIONS
• MBA preferred; CPA a plus
• Entertainment finance, deal analysis or related experience a plus
• A strategic approach with the ability to see the big picture, balanced with strong attention to detail
• Clear communicator who can collaborate across creative, legal, and financial teams
#LI-SJ2
ADDITIONAL INFORMATION
Salary/Benefits
$135,000.00
- 150,000.00
per year
$135,000 - $150,000 /year USD
Starting pay depends on job-related factors
Benefits
• Paid time off (PTO)
• Medical, dental, and vision insurance
• 401(k)
Perks
• Opportunities for both on-site and virtual engagement events
• Unique opportunities to make meaningful connections and build a vibrant community
Additional Information
CBS Studios is one of the industry’s leading suppliers of programming, with more than 70 series currently in production across broadcast and cable networks, streaming services, and other emerging platforms. The Studio’s expansive portfolio includes a diverse slate of commercially successful and critically acclaimed scripted programming, genre-defining franchises such as the ever-growing “Star Trek” universe, award-winning late night and daytime talk shows, and an extensive library of iconic intellectual property.
