
Financial Analyst - News, Stations & CBS Media Venture
CBS
New York, NYThis is a Full Time Job
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 & Responsibilities
The Financial Analyst will support the CBS News, Stations, and CBS Media Venture (CMV) Digital division and report to the Director, FP&A. The Analyst will assist in ensuring the accuracy and integrity of forecasts and budgets, tracking performance, managing monthly operating expenses, and using analysis to drive informed decision-making. This position offers the right candidate an exemplary opportunity within a successful and growing global media organization to gain wide-ranging exposure to the evolving streaming platforms. The Financial Analyst (News, Stations & CBS Media Venture) will help contribute by spearheading quantitative and qualitative analyses to optimize financial performance.
Responsibilities include but are not limited to:
• Budgeting/Forecasting: Work on business models to manage forecasting of the monthly P&L and drive the annual budget and financial plans for CBS News, Stations, and CMV Digital Properties
• Work with Accounting in preparation for monthly close
• Manage month-end accruals, contracts, and invoices
• Expense management, risk analysis, and mitigation
• Actively monitor expense levers and cost controls required to maintain profitability and achieve budgeted profit targets
• Collaborate closely with the following teams: Inventory & Pricing, Business Intelligence, Business Development, and Production. Gain insight and knowledge that may impact the forecast
• Ad Hoc Analysis: Prepare financial data and various requests as needed and provide actionable analysis for internal review and rapid decision-making
• This role is pivotal in delivering strategic, financial, and operational insights that align with the goals of the business
Basic Qualifications
• Bachelor’s degree
• 2 years of work experience in finance, accounting, or similar quantitative role; media, entertainment, and/or technology experience a plus
Additional Qualifications
• High proficiency in Microsoft Office and/or Google Workspace suite skills, particularly Excel/Sheets and PowerPoint/Slides
• Strong financial modeling, forecasting, and analytical skills
• A willingness and quick ability to learn new software
• Advanced knowledge in Oracle Financials a plus
• Excellent communication and presentation skills - be able to handle and synthesize large datasets to deliver critical insights in an easy-to-digest format for management and external partners
• Ability to work autonomously in a dynamic environment
What We Offer:
• Attractive compensation and comprehensive benefits packages.
• 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
Salary/Benefits
$64,800 - $85,000 /year USD
Starting pay depends on a variety of job-related factors.
Benefits
• Medical, dental, and vision insurance
• 401(k)
• Life insurance
• Disability benefits
• Tuition assistance
• Paid time off (PTO)
Perks
• Attractive compensation and comprehensive benefits packages
• Generous paid time off
• Exciting and fulfilling opportunity to be part of a dynamic team
• Opportunities for both on-site and virtual engagement events
• Unique opportunities to make meaningful connections and build a vibrant community
Additional Information
CBS, a subsidiary of Paramount Skydance Corporation, creates and distributes industry-leading content across a variety of platforms to audiences around the world. The company has businesses with origins that date back to the dawn of the broadcasting age, as well as new ventures that operate on the leading edge of media. It includes some of the industry’s most successful and popular brands and businesses, such as CBS Television Network, CBS News and Stations, CBS Sports, CBS Studios, CBS Media Ventures, and CBS digital properties.