Job Information
Nexstar Media Group Finance Director, Distribution FP&A in Philadelphia, Pennsylvania
Overview/Purpose:
The Finance Director requires a strategic thinker with a deep understanding of financial reporting, analysis, and business strategy to support our Sales and Corporate Finance teams. You’ll play a crucial role in shaping the financial future of our Distribution Group, leveraging historical data and forward-looking insights to ensure financial excellence.
Primary Responsibilities:
Report accurate Actual & Budgeted subscriber revenue for all Nexstar Cable and Broadcast Networks and assist with the consolidation process between Nexstar and The CW.
Distribute Quarterly financial reports, detailing actual results, variance drivers, and subscriber trends to leadership team.
Build and manage Annual budgets, ensuring alignment with strategic objectives.
Conduct monthly reforecasts to adapt to evolving business conditions and market dynamics.
Assist with developing long-range plans, providing a forward-looking financial perspective.
Maintain financial models for Budgeted, Forecasted, and Actual revenue, subscribers, rates, and expirations.
Ensure a thorough understanding of affiliate agreements and MVPD contractual commitments.
Take lead on (v)MVPD audits working closely with the external audit team and coordinate internally with the billing group. Evaluate audit results and provide summary to leadership to determine actions needed if any.
Assist in providing variance explanations for actual results vs. Budgets and Forecasts.
Requirements:
Bachelor’s Degree in Finance, Business, or related field
At least 5 years of relevant experience in the TV Industry, with a strong emphasis on financial analysis, and general ledger oversight
Exceptional analytical and problem-solving skills, paired with advanced Excel skills
Excellent communication skills, both written and verbal, with the ability to engage effectively with internal and external stakeholders
Proven track record of enhancing financial reporting processes
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across television, streaming and digital platforms, including nearly 300,000 hours of original video content each year. Nexstar owns America’s largest local broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 212 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, America’s fastest-growing national news and entertainment cable network reaching 70 million television homes, popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including The Hill and BestReviews, are collectively a Top 10 U.S. digital news and information property. In addition to delivering exceptional content and service to our communities, Nexstar provides premium multiplatform and video-on-demand advertising opportunities at scale for businesses and brands seeking to leverage the strong consumer engagement of our compelling content offering. For more information, please visit Nexstar.tv.
EEO Statement: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.