Nexstar Media Group, Inc.
Director of Financial Planning & Analysis - CW Network - Burbank, CA
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The Director of Financial Planning & Analysis will drive financial strategy, develop financial models, conduct analysis, support budgeting, and communicate with executives to enhance financial performance and growth.
The CW is both a top broadcast TV network in the U.S. and a fast-growing, ad-supported streaming service. With a network that reaches 100% of U.S. television households and a streaming footprint on all major platforms, The CW reaches audiences at scale on both linear and digital television. The CW streaming service is available for free to consumers and is home to the latest episodes and seasons of The CW’s primetime programming, live streaming of CW Sports content, and a library of entertaining film and television content for on-demand viewing. The CW is 75%-owned by Nexstar Media Group, Inc. (NASDAQ: NXST), a leading diversified media company and the largest CW affiliate group.The CW Network is seeking an experienced and versatile individual to join our team as the Director of Financial Planning & Analysis. In this role, you will be responsible for driving financial strategy and supporting decision-making processes within the organization. We are looking for a candidate with expertise in financial modeling, program modeling, digital modeling, and the ability to interact with executive management while being hands-on in completing various tasks.The Daily:Financial Strategy and Analysis:
- Develop and execute financial models to support strategic decision-making, investment analysis, and resource allocation.
- Conduct financial analysis, forecasting, and scenario planning to evaluate the financial impact of business initiatives.
- Provide actionable insights and recommendations to executive management to drive profitable financial performance and growth.
- Create financial models for programming decisions, evaluating potential revenue streams, production costs, and ROI.
- Analyze viewership data, advertising rates, and market trends to optimize programming strategies and maximize revenue generation.
- Develop financial models to evaluate and optimize digital initiatives, including streaming platforms, content distribution partnerships, and advertising opportunities.
- Analyze digital metrics to drive revenue growth, audience engagement, and user acquisition.
- Lead the annual financial planning process, working closely with cross-functional teams to develop budgets and forecasts aligned with strategic objectives.
- Monitor budget performance, analyze variances, and provide recommendations to executive leadership to ensure financial targets are met.
- Prepare and present financial analyses, reports, and presentations to executive management, providing insights on key financial metrics and performance trends.
- Collaborate with executives to develop financial narratives that effectively communicate business strategies and opportunities to external stakeholders.
- Undertake various financial tasks as required, including financial modeling for ad hoc projects, cost analysis, and other assignments to support the financial needs of the organization.
- Bachelor's degree in Finance, Accounting, or a related field. MBA or advanced degree preferred.
- Minimum of 10 years of progressive experience in finance and accounting roles, with a focus on financial modeling and analysis.
- Strong proficiency in financial modeling techniques, using tools such as Excel, PowerPoint, or other programming languages.
- Experience in the media, entertainment, or broadcasting industry is highly advantageous.
- Demonstrated ability to interact with executive management and provide strategic financial insights.
- Excellent analytical, problem-solving, and decision-making abilities.
- Strong communication and presentation skills, with the ability to translate complex financial concepts to non-financial stakeholders.
- $150K – $175K/yr commensurate with experience and skill levels.
- The CW will consider qualified applicants with criminal histories in a manner consistent with the Los Angeles Fair Chance Initiative for Hiring.
- Benefits: Our comprehensive benefits package for full-time employees includes, but not limited to, medical (with multiple plan options), dental, and vision insurance, paid time off, a 401(k) with company matching contributions, Paid Parental leave, life insurance and more. Part time employees are eligible for 401(k) and any local/state leave plans.
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