CBS Corporation Financial Analyst in New York, New York

Financial Analyst

REF#: 27893

CBS BUSINESS UNIT: CBS Corporate

JOB TYPE: Full-Time Staff

JOB SCHEDULE: Full-Time

JOB LOCATION: New York, NY

ABOUT US:

CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that 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. CBS owns the most-watched television network in the U.S. and one of the world’s largest libraries of entertainment content, making its brand - "the Eye" - one of the most recognized in business. The Company’s operations span virtually every field of media and entertainment, including cable, publishing, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS’s businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, Smithsonian Networks, TVGN (a joint venture between CBS Corporation and Lionsgate), Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Global Distribution Group, CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. Interested in a career with CBS Corporation or one of our portfolio companies? Go to www.cbscareers.com

DESCRIPTION:

The Analyst IT Finance is responsible for supporting the Apptio technology business management system on a daily basis. This includes data management, allocation model configuration, report configuration, validation and troubleshooting, and actioning new system requirements based on a current business needs. The individual will be responsible for creating monthly and quarterly forecast reports,, which include variance analysis for each area of IS&T, while tracking overall IS&T operating costs against budget. The individual will play an integral role in the annual budget process and run annual allocation models for each business entity support by IS&T.

Responsibilities:

  • Creates and maintains Apptio financial reports

  • Works with IS&T management to ensure adequate understanding of division allocations and ensure that divisions receive adequate documentation to meet divisional requirements

  • Responsible for allocation modeling calculations

  • Issues monthly financial statements for cost centers. Explains variances between actual and budget/estimates

  • Prepares/reviews budgets/quarterly estimates, including analysis and reporting for P&L for each area

  • Prepares monthly P&L reporting and variance analysis and communicates monthly results to department heads

  • Utilizes knowledge to manage expenses, make recommendations for savings and alert management to risks

  • Develops in depth knowledge of the business entities/department(s) supported as well as cable, online and entertainment industries to provide optional support.

QUALIFICATIONS:

  • Minimum 3-5 years experience working in finance

  • Strong technical skills, predominately Excel

  • Oracle Financials, TM1, and similar financial systems is necessary

  • Apptio or similar IT Business/Finance Management System Experience required

  • Strong communication skills necessary for building relationships with senior management and the Financial Organization

  • Detailed oriented and able to work under pressure with tight deadlines

EEO STATEMENT:

Equal Opportunity Employer Minorities/Women/Veterans/Disabled