Director, Finance

Company Description

NBCUniversal is one of the world's leading media and entertainment companies. We create world-class content, which we distribute across our portfolio of film, television, and streaming, and bring to life through our theme parks and consumer experiences. We own and operate leading entertainment and news brands, including NBC, NBC News, MSNBC, CNBC, NBC Sports, Telemundo, NBC Local Stations, Bravo, USA Network, and Peacock, our premium ad-supported streaming service. We produce and distribute premier filmed entertainment and programming through Universal Filmed Entertainment Group and Universal Studio Group, and have world-renowned theme parks and attractions through Universal Destinations & Experiences. NBCUniversal is a subsidiary of Comcast Corporation.

Our impact is rooted in improving the communities where our employees, customers, and audiences live and work. We have a rich tradition of giving back and ensuring our employees have the opportunity to serve their communities. We champion an inclusive culture and strive to attract and develop a talented workforce to create and deliver a wide range of content reflecting our world.

Comcast NBCUniversal has announced its intent to create a new publicly traded company ('Versant') comprised of most of NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel along with complementary digital assets Fandango, Rotten Tomatoes, GolfNow, GolfPass, and SportsEngine. The well-capitalized company will have significant scale as a pure-play set of assets anchored by leading news, sports and entertainment content. The spin-off is expected to be completed during 2025.

Job Description

As a key member of the O&T (Operations & Technology) Finance team, the Director, Finance is responsible for all O&T related costs for News Group O&T. The overall finance coverage for the scope of responsibility is $70M+ operating cash flow. The process includes ownership of the overall cost base as well as management of the rate card/ allocation process to productions.

This role provides the unique opportunity to gain a solid understanding of NBCU operations through daily exposure/interaction with O&T operational teams as well as the greater NBCU finance organization. Some of the brands that we support are TODAY, NBC News Now, Nightly News, Meet the Press, etc.

Position overview:

• Own monthly and quarterly close processes through accurate pacing updates, variance analysis, journal entries, expense accruals, allocations, and other necessary closing activities
• Lead the planning processes for all estimates, budgets, and long-range plans (LRP) for NGOT
• Partner with operations teams and participate in regular business meetings, operations analysis, and strategic projects to drive productivity
• Lead a variety of FP&A matters across NGOT
• Create/update/maintain operating models for budgeting & tracking of expenses
• Work with operators on KPIs and other ad hoc modeling
• Perform P&L analysis, i.e. identifying risks and opportunities and assisting in summarizing performance in pitch presentations to senior management for estimates & plans
• Track capital by integrating into operations teams to understand schedule and delivery
• Create reports with metrics for budget and P&L tracking purposes
• Maintain and support build out of various allocations
• Process and analyze all the necessary reports in software tools including SAP, BW, Essbase, AOE, SNAP (AP tool), Purchase Manager (PO tool), and Concur (T&E)

Qualifications

Requirements:

• Bachelor’s degree in Finance, Accounting, or related field
• Ability to demonstrate FP&A experience
• 5+ years of experience in Finance or Accounting
• Ability to demonstrate operational finance experience
• Proven experience of financial modeling, analysis and forecasting
• Solid understanding of basic accounting principles: accruals, amortization of pre-paid expenses, P&L, balance sheet, and free cash flow
• Must be proficient with MS Office Suite products – particularly advanced excel skills (comfortable with v-lookups, if statements, pivot tables, etc.) and PowerPoint

Desired Characteristics:

• Quick learner and team player
• Ability to develop strong relationships with operational partners
• Ability to tie business and strategic priorities to financial goals.
• Ability to work in a fast dynamic environment whilst managing competing priorities and ensuring completeness / accuracy of all estimates
• Flexible and enthusiastic self-starter with an ambition to grow through the role
• Comfortable working with a mixed and changing portfolio of projects and task