Financial Analyst

Company Description

Reporting to the Manager, Media House Finance you will support with all aspects of planning, analysis, and reporting specific to Red Bull Media House. You will work with the MH sub-departments (Sports Network, Culture Network, Comms, International Projects) and support in resource allocation, evaluating direct and indirect spend, and driving reporting and forecasting.

You will be responsible for approximately half of the ~$40M marketing budget, as well as portions of the International Projects contained within MH. You will be a business partner (along with the Manager of Media House Finance) to the Directors & VPs of their respective Media House subdepartments.

Job Description

PLANNING AND REPORTING

Lead the process for FRE/SRE/BP for RBMH. You will take a key role in coordinating the planning process across all the MH department and sub-departments to ensure their financial targets are achieved.

Support the Business Plan/Revised Estimate process via timeline communication, template creation and acquiring the required inputs from budget owners for the purpose of loading into BI.

Develop a methodology to drive the allocation of resources within your respective departments.

Challenge and influence the budget owners during the planning process, in alignment with business priorities and strategies.

Prepare and distribute a detailed monthly report to assist department heads in managing their direct and indirects spends. This includes commentary on brand results, project/internal order, account, and cost centers.

Perform controlling activities for preventing budget overspend by overseeing the actual marketing and indirect expenses recorded in the month.

Establish regular budget reviews to understand results, ensuring adherence to controlling guidelines and potential impacts to full-year estimates.

Analyze data and trends to identify budget risks or opportunities or risks and propose alternatives.

PERIOD CLOSING

Drive the monthly and annual period closings for owned Media House sub-departments, performing close activities in alignment with month and year-end calendars.

Coordinate the monthly accrual process for your department by following the cost-revenue matching principle (i.e. accrual accounting).

Drive and manage constant improvements to the monthly close and accrual process.

Ensure actuals post in accordance to controlling guidelines by identifying and correcting any potential IO/GL combination errors.

Ensure the reconciliation of systems (SAP/BI/Hyperion).

BUSINESS PARTNERSHIP

Work alongside RBMH department leads and their teams to develop a strong understanding of their departmental priorities and strategies.

Establish trust with business partners by having a service mentality but also challenging them by asking questions while providing suggestions and insights.

Partner with budget owners to increase the effectiveness of resource allocations and ensure overall budget adherence.

Provide leadership on important initiatives while acting as the Finance lead on key projects.

Turn fact-based insights into action, influencing business partners to create actionable plans and timely decision making.

Hold on-site and online trainings for marketing team members to fully understand financial processes and requirements.

PROJECT SUPPORT

Support in special projects intended to drive new insights to the business while enhancing personal and Finance team development.

Support structural changes (new profit centers, IO creation, hierarchies)

Provide year-end Audit support.

Assist with the implementation and communication of Global financial initiatives intended to improve overall cost controlling.

Qualifications

Bachelor’s degree in Finance /Accounting/ Business from an accredited college or university

1+ years experience in Finance; prior CPG experience a plus

Excellent Microsoft Excel and PowerPoint skills, familiarity with any integrated business analysis tool (SAP BI/ Hyperion).

Must be self-motivated and proactive and be able to work under pressure in a fast-paced team environment.

Good communication and presentation skills with peers, stakeholder and leadership.

Additional Information

This position is open to U.S. citizens, U.S. permanent residents, or individuals who are currently authorized to work in the United States on a valid visa.

The base salary range for this position is $77,900 to $86,100 + cash incentives. Actual salary offers may vary based on work experience. The base pay range is subject to change and may be modified. Range may differ for NYC & SFO Bay Area work locations

Our current Benefits include