CBS Corporation Principal IT Finance Analyst in New York, New York

Principal IT Finance Analyst

REF#: 28153


JOB TYPE: Full-Time Staff




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, TVGN (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Global Distribution Group (CBS Studios International and CBS Television Distribution), CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia.


The Principal Financial Analyst is responsible for day-to-day financial operations, including special projects and continued process improvement towards more automation and tighter financial control and reporting for the SVP, Finance, CBS Information Systems & Technology (IS&T) group .

  • Prepares and coordinates budget and monthly IT cost allocations to the divisions, including business unit projects that consume IT resources.

  • Responsible for month-end financials, including journal entries and variance analysis.

  • Creates expense reports and headcount analysis to work directly with and help IS&T department heads and leadership manage the business.

  • Assists in project budgeting and reporting: building of business cases to support projects, prepare presentations and reports to business units and IS&T team, participate in meetings with senior leaders.

  • Assists in the implementation, testing and launch of the new IT Financial Mgt. System.

  • Assists in the analysis of financial data - extracting and defining relevant information; interpreting data for the purpose of determining past financial performance and/or project a financial probability.

  • Reviews costs and performs cost benefit analysis of data in the various financial systems.

  • Develops financial reports for forecasting, trending, and results analysis.

  • Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles.

  • Ensures the financial integrity of transactions in accordance with GAAP and CBS General Accounting practices.

  • Excellent exposure and involvement with IS&T leadership, including Solutions Delivery Executives and Business unit financial leadership on key issues, projects, budgets and forecasts.

  • Receives direction and works directly with both Sr. Managers, IT Finance and CFO, IS&T. Accounting and reporting work is governed by the Generally Accepted Accounting Principles (GAAP) and CBS Corporate Accounting Policies.


  • Minimum of 8 years of accounting or finance experience.

  • Must have prior budgeting/forecasting experience.

  • Advanced knowledge of Excel.

  • Strong interpersonal, communication, and excellent organizational skills. Ability to work effectively with all levels of management, within IT and across divisions.

  • Strong analytical skills with the insight to provide innovative solutions to financial problems.

  • Detail oriented - able to work quickly/accurately under pressure,

  • Self-directed individual with a strong ability to manage ambiguity and adapt readily and easily to changes in priorities and business conditions.

  • Enthusiastic team player.

  • Prior experience with Oracle Financials and TM1 (or similar planning/reporting software) required.

  • Prior experience in the media/entertainment industry a plus.

  • BA/BS in Accounting or Finance or equivalent experience



Equal Opportunity Employer Minorities/Women/Veterans/Disabled