Senior Analyst, Finance - Distribution and Business Development
ViacomCBS
New York, NYThis was removed by the employer on 4/2/2019 10:55:00 AM PST
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Full Time Job
Job Summary:
The Finance Analyst/Sr. Analyst supports Content Distribution group as the very critical point of contact for monthly subscribers and license fees for a high volume of affiliate accounts. Responsible for complete account management from a 360 degree standpoint primarily related to subscribers, license fees, receivables and cash.
Reports to the Senior Director, Finance – Distribution and Business Development
Responsibilities:
Responsible for managing numerous affiliate accounts across various distribution platforms
Specific responsibilities include, but not limited to:
• Responsible for managing monthly subscribers and license fees
• Review monthly subscriber reports from distributors and ensure subscribers are reported in compliance with contract
• Perform subscriber and license fee trend analysis by distributor and by brand and analyze and explain anomalies
• Analyze subscriber and rate variances and communicate to internal stakeholders in a timely manner; when necessary, handle escalations related to issues identified to Management, Sales and Legal
• Own month end close activities for accounts assigned including validating monthly subscribers, license fees, internal allocation by brand, accruals, journal entries, etc.
• Manage change in ownership between distributors and analyze revenue and subscriber impact
• Manage signal activation points and billing points and identify, investigate, resolve any discrepancies
• Responsible for A/R
• Fully own receivable responsibilities for affiliate accounts assigned and review A/R aging to ensure compliance
• Maintain A/R tracking schedule, monitor and recommend appropriate level of actions to protect the company’s value
• Generate and review age analysis and identify/investigate any balances over 90 days past due and report to Management and corporate stakeholders
• Verify validity of account discrepancies and investigate issues with Sales, Legal and/or Viacom Global Business Services (GBS)
• Own forward looking reporting; ensure receivables are reported in a clear, accurate, timely and useful way to key stakeholders
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted
• Analyze withholding tax deductions for affiliates located in Canada, Puerto Rico and the Caribbean
• Perform write-offs against bad debt if/when necessary
• Responsible for Cash
• Responsible for the collection of cash for accounts assigned and analysis & reporting of financial information underlying the financial supporting schedule
• Track outstanding balances
• Investigate discrepancies/variances against monthly subscriber reports and cash received
• Determine allocations for cash application and provide instructions for GBS
• Resolve collections by examining customer payment plans, payment history, credit line; coordinate contact with collections department.
• Follow standard procedures to improve efficiency in cash collections, month-end account closing activities, and inter-departmental reporting
• Develop financial reports to assist management in making appropriate decisions regarding bad debts
• Assist with quarterly closing process
• Assist monthly reporting by building dashboards and other summaries for Management; communicate results and metrics in a timely manner
• Assist Management meeting internal and external deadlines
• Build strong & effective relationships with key stakeholders
• Liaison with IT to fix, enhance and improve deal components in S-LINK for targeted accounts
• Assist in Sarbanes-Oxley (SOX) documentation
• Assist with project assignments and financial reporting
• Participate in ad hoc projects as necessary in order to support the group, gain knowledge in other areas and cultivate creativity
Basic Qualifications
• Bachelor’s degree in Accounting, Finance, Economic or Business
• General knowledge of accounting principles
• Minimum 2 years of relevant financial experience
• High degree of proficiency in Microsoft Excel is a must
Additional Qualifications
• Strong analytical and problem-solving skills
• Experience with SAP or similar system highly valued
• Strong analytical and problem-solving skills
• Solution-oriented approach; Continuous improvement mindset – ability to seek out and implement internal or external best practices
• Customer-focused approach; ability to provide world-class service
• Ability to multi-task, prioritize and deal with ambiguity
• Flexibility with work schedule
• Self-motivated
• Cable industry knowledge is a plus, but not required