CBS Corporation SVP, Chief Accounting Officer in New York, New York

SVP, Chief Accounting Officer

REF#: 32614

CBS BUSINESS UNIT: CBS Corporate

JOB TYPE: Full-Time Staff

JOB SCHEDULE: Full-Time

JOB LOCATION: New York, NY

ABOUT US:

CBS Corporation 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, local TV, film, and interactive and socially responsible media. CBS’ businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Network 10, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Consumer Products, CBS Home Entertainment, CBS Interactive, CBS Films, Showtime Networks, CBS Sports Network, Pop (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS EcoMedia, and CBS Experiences.

DESCRIPTION:

Headquartered in New York, NY and reporting to the Executive Vice President, Chief Financial Officer, the Senior Vice President, Chief Accounting Officer (CAO) is a key leader within the Company’s senior finance team. This position is ultimately responsible for ensuring company’s operation is consistent with its accounting policies, compliance with SEC regulations, as well as oversight of planning functions of the Company including: assurance that accounting practices followed in the production of periodic financial reports are in accordance with generally accepted accounting principles (GAAP); development of and adherence to a comprehensive set of routines/controls to mitigate risk and ensure compliance with Company standards in the safeguarding and ethical accounting of all assets; determination of financial and accounting positions/treatment in all business development and transactional activities; and oversight of the Company’s budgeting, forecasting, and long-range planning functions.

QUALIFICATIONS:

Responsibilities

  • Lead and provide recommendations to financial management on all matters relating to the Company’s technical accounting, operational procedures and reporting. Actively involved in addressing complex financial reporting issues as they arise and providing appropriate assessments of the application of technical accounting rules to both internal personnel and external constituents.

  • As it is relates to the Company’s business development and transactional activities, the CAO is responsible for both providing technical accounting guidance including purchase price allocation, as well as coordinating all financial due diligence (in conjunction with the Legal and Corporate Business Development and Strategy groups).

  • Serve as a steward for management and shareholders by both ensuring that all financial activities are in conformity with GAAP, Sarbanes-Oxley, and corporate policies as well as creating a controlled and compliant environment/culture.

  • Monitor and confirm financial condition by coordinating with and providing information to both internal and external audit teams in the planning of audit work and issuance of audit reports.

  • Guides financial decisions by establishing, monitoring, and enforcing policies and procedures and protects assets by establishing, monitoring, and enforcing internal controls.

  • Provide, as necessary, updates and reports to business leadership and executive finance team members.

  • Overseeing the financial modeling of the annual budget and monthly forecasting; as well as developing and maintaining the financial model of the Company’s long-term projections.

  • Lead the creation and innovation of results-oriented FP&A metrics, which provide greater business insights and enable better financial decision-making across the Company.

Qualifications

  • 20+ years of progressive accounting/financial experience with proven success in leadership and management, including significant experience involving consolidated financial reporting within the media/entertainment industry.

  • Experience in the Media industry; CPA; MBA a plus.

  • The successful candidate must be an experienced and skilled accounting executive with a strong technical background, who also possesses exceptional financial control skills, with comprehensive knowledge of SEC regulations.

  • Hands on experience in multi-billion dollar Media M&A Transactions that requires SEC filings.

  • Track record of inspiring employees to do the best work of their careers and creating high performance teams.

  • Ability to quickly grasp Company operations and business drivers

  • Excellent interpersonal skills; ability to articulate verbally and written, willingness to appropriately debate difficult issues; ability to think quickly and present to an audience.

  • Outstanding business relationship and interpersonal skills are essential for frequent interaction with senior management.

  • Highest professional standards and personal and professional integrity.

Education

A Bachelors’ degree in accounting from an accredited and recognized institution of higher learning is required, ideally with an advanced degree in business administration or finance. CPA required.

Compensation

Intends to attract a superior Senior Vice President, CAO and is prepared to offer an attractive compensation package including a base salary, plus bonus.

EEO STATEMENT:

Equal Opportunity Employer Minorities/Women/Veterans/Disabled