Job description
Reporting to the Finance Manager, you as the Financial Analyst, Red Bull Media House will support the in planning and analysis for Red Bull Media House. You will partner with Red Bull Media House departments, global teams and with all levels of the organization to provide insights and solutions to the Red Bull Media House Budget areas.
RESPONSIBILITIES
Areas that play to your strengths
All the responsibilities we'll trust you with:
EXPERIENCE
Your areas of knowledge and expertise
that matter most for this role:
WHERE YOU'LL BE BASED
Santa MonicaCalifornia, United States
United StatesRed Bull North America
JOIN THE TEAM
RESPONSIBILITIES
Areas that play to your strengths
All the responsibilities we'll trust you with:
GENERAL
Controlling the financials of RBMH's department is the. The primary departments you will support are the Media, Strategy, and Audiences Teams, Content Licensing, and International Projects.
Guarantees full compliance with the Group Controlling guideline.
Support the Finance Manager by ensuring a distribution of financial information (plan and actual) to every budget holder by sending out reports, allowing system access, and presenting the information in regular meetings.
Promote efficiency in Controlling to minimize time spent for report generation increasing time for analysis, commenting, and insights sharing.
Help establish a true bottom-up planning process and the development of a local planning calendar based on the group planning timetable allowing for review time and feedback cycles.
Contribute to a high forecasting accuracy of business plans, revised estimates, and long-term forecasts.
Measure and review the cost/benefit ratio of proposed activities.
Build a solid relationship with budget holders based on mutual respect and trust.
MONTH END CLOSING
Verify appropriate month-end close P&L expense recognition.
Support finance manager in revenue recognition procedures.
Coordinate the monthly accrual process following the cost revenue matching principle.
Reconcile systems (SAP/BI/Hyperion).
Ensure master data quality and verify the consistency of the customer, product and internal order hierarchies.
Review changes in payment terms.
REPORTING
Support the Finance Manager in preparation of the management reporting package
Prepare and distribute a detailed monthly report
Report actual figures versus latest plan with full and detailed analysis of results and high-quality reporting to business owners
Manage all financial risks which are identifiable in monthly trends and which require management action
Calculates/reports the major Indicators.
Prepare and distribute a report on the cash flow and the working capital development.
PLANNING AND FORECASTING
Coordinate the Business Plan/Revised Estimate data collection and data entry.
Coordinate timings and input needed during the budget process.
Aggregates/consolidate you will plan to a total plan.
Support and challenge the budget owners during the planning process.
Prepare year-to-go best estimates.
BUSINESS PARTNERSHIP
Be a contact for the business owners and challenge them.
Work with the contacts, have a service mentality but also ask questions, and give suggestions and insights.
Learn all trade terms of customers, their budgets, and the customer P&L with special attention to the Production area.
Work with the business to calculate Return on investment.
Know the contract terms of the external service providers and the status of spending commitments.
Work with the Business Managers to increase the effectiveness of the content Supports the Business Managers in budget reallocations and ensures overall budget adherence.
Evaluate new product developments and their impact on financials.
Prepare scenarios and simulations with the input from the budget owners and model the impact.
PROCESS CREATION
Create processes surrounding the production department to improve cost control and transparency in the business
Help create metrics/analytics to measure the success of content or other media properties
Help with global financial programs to improve overall cost controlling
EXPERIENCE
Your areas of knowledge and expertise
that matter most for this role:
- 3+ years of experience in a finance role.
- Experience in CPG OR Media controlling, but not required.
- Bachelor's degree
- English
- Travel 0-10%
- Permanent
- Benefits eligible
WHERE YOU'LL BE BASED
Santa MonicaCalifornia, United States
United StatesRed Bull North America
JOIN THE TEAM
colinoncars.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, colinoncars.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, colinoncars.com is the ideal place to find your next job.