Regional VP, Finance

Job Description

Company Description

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.

Here you can be your authentic self. As a company uniquely positioned to educate, entertain and empower through our platforms, Comcast NBCUniversal stands for including everyone. Our Diversity, Equity and Inclusion initiatives, coupled with our Corporate Social Responsibility work, is informed by our employees, audiences, park guests and the communities in which we live. We strive to foster a diverse, equitable and inclusive culture where our employees feel supported, embraced and heard. Together, we’ll continue to create and deliver content that reflects the current and ever-changing face of the world.

The Regional VP, Finance is a senior level position leading the finance team for the Atlantic NBCU Local properties (Philadelphia, Washington DC, Virginia & North Carolina). This is a dynamic and strategic role ensuring strong financial controllership across our stations (NBC, TLMD & RSN) and markets as well as driving operational excellence and supporting new growth opportunities. This role is a unique blend of operational finance, FP&A & strategy providing great exposure while supporting multiple General Managers. Primary responsibilities include P&L, Balance Sheet, closing activities, system administration and financial oversight for the planning and reporting cycles.

Responsibilities

• Ensure accurate maintenance, reporting and forecasting of Stations’ financial metrics, results and statements (Balance Sheet, Income Statement, and Cash Flow).
• Develop and execute the financial planning process and its tactical implementation (Operating Plan, Long Range Plan, In-Year Estimates, Monthly Operating Reviews, etc.).
• Support monthly/quarterly close processes including posting journal entries, pacing, variance analysis reporting, system updates and account reconciliations.
• Assist with financial analysis and presentation preparation for senior management.
• Build relationships with HQ finance team, as well as key operational leaders in order to analyze and optimize results.
• Work closely with department leads to manage departmental expenses including, but not limited to, News, Tech Ops, Sales, Production, and Marketing.
• Manage all internal finance processes – department level budgets, risks & opportunities process, revenue recognition, cash management, capital expenditures, regular pacing estimates, controllership reviews (p-card, T&L, etc)
• Lead business strategy discussions around core operational finance processes (Annual budget cycle etc) & pro-actively support all business development activity. Emphasis on revenue growth from core revenue streams (ad sales, affiliates sales, digital revenue) & ancillary revenue.
• Develop strong partnership with sales team. Manage revenue process including pacing, price/volume and programming analytics.
• Help manage and drive strategic initiatives including but not limited to: Fast Channels, Cross Marekt Cost Optimization.
• Provide ongoing expense reporting and analysis (e.g., labor tracking & forecasting, T&E and P-Card audits, etc.)
• Act as a “thought partner” supporting the General Managers
• Maintain comprehensive Master Budget files.
• Drive appropriate & consistent accounting treatment, while continually reviewing finance processes to improve overall efficiency and accuracy of the finance function.
• Additional responsibilities include: headcount and compensation reporting, HQ/Corporate reporting, Bad Debt/LTL balance tracking, internal audit requests, Capital expenditure management, Revenue support
  Completion of ad hoc reporting requests, analysis and special projects.

• Bachelor’s degree in business, accounting, finance, economics or related field – MBA / CPA Preferrred
• Minimum of 10 years of progressive Finance experience
• Experience within media industry, operational experience
• Proven analytical / FP&A ability
• Project management and team management experience
• Excellent presentation skills
• Strong execution & thought-leadership (business strategy)
• Proficient using Microsoft Excel, PowerPoint and SAP General Ledger system
• Must be willing to travel to locations within the Region as necessary
• Must have unrestricted work authorization to work in the United States
• Must be willing to be covered by Solutions, NBCU’s Alternative Dispute Resolution Program

Desired Characteristics

• Demonstrated interpersonal & communication skills: ability to effectively interact with individuals at all levels of an organization
• Executive presence: able to partner effectively with senior leaders in the organization, to include the Station GMs Division President & CFO
• Ability to work with confidential information
• Must be technically sound in financial analysis
• Ability to deliver while working under time pressure on multiple assignments
• Ability to adapt and work well in a rapidly changing environment
• A team player who can also work independently and is a self-starter
  Hybrid : This position has been designated as hybrid, generally contributing from the office a minimum of three days per week.

NBCUniversal's policy is to provide equal employment opportunities to all applicants and employees without regard to race, color, religion, creed, gender, gender identity or expression, age, national origin or ancestry, citizenship, disability, sexual orientation, marital status, pregnancy, veteran status, membership in the uniformed services, genetic information, or any other basis protected by applicable law. NBCUniversal will consider for employment qualified applicants with criminal histories in a manner consistent with relevant legal requirements, including the City of Los Angeles Fair Chance Initiative For Hiring Ordinance, where applicable.

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access nbcunicareers.com as a result of your disability. You can request reasonable accommodations by emailing AccessibilitySupport@nbcuni.com.