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Finance Director

companyiHeart Media
locationHartford, CT, USA
PublishedPublished: 7/9/2024
Full Time

iHeartMedia Markets

Current employees and contingent workers click here to apply and search by the Job Posting Title.

The audio revolution is here - and iHeart is leading it! iHeartMedia, the number one audio company in America, reaches 90% of Americans every month -- a monthly audience that's twice the size of any other audio company - almost three times the size of the largest TV network - and almost 4 times the size of the largest ad-supported music streaming service. In fact, we have:

  • More #1 rated markets than the next two largest radio companies combined;
  • We're the largest podcast publisher, with more monthly downloads than the second- and third-largest podcast publishers combined. Podcasting, the fastest-growing new media, today has more monthly users than streaming music services or Netflix;
  • iHeart is the home of many of the country's most popular and trusted on-air personalities and podcast influencers, who build important connections with hundreds of communities across America;
  • We create and produce some of the most popular and well-known branded live music events in America, including the iHeartRadio Music Festival, the iHeartRadio Music Awards, the iHeartCountry Festival, iHeartRadio Fiesta Latina and the iHeartRadio Jingle Ball Tour;
  • iHeartRadio is the #1 streaming radio digital service in America;
  • Our social media footprint is 7 times larger than the next largest audio service; and
  • We have the only complete audio ad technology stack in the industry for all forms of audio, from on demand to broadcast radio, digital streaming radio and podcasting, which bring data, targeting and attribution to all forms of audio at an unparalleled scale. As a result, we're able to combine our strong leadership position in audience reach, usage and ad tech with powerful tools and insights for our sales organizations to help them build success for their clients at a more efficient cost than any other option.


Because we reach almost every community in America, we're committed to providing a range of programming that reflects the diversity of the many communities we serve - and our company reflects that same kind of diversity. Our company values stress collaboration, curiosity, welcoming dissent, accepting mistakes in the pursuit of new ideas, and respect for everyone.

Only one company in America has the #1 position in everything audio: iHeartMedia!

If you're excited about this role but don't feel your experience aligns perfectly with the job description, we encourage you to apply anyway. At iHeartMedia we are dedicated to building a diverse, inclusive, and authentic workplace and are looking for teammates passionate about what we do!

What We Need:
The Finance Director is a leadership & operational finance role responsible for partnering with the Market President and/or VP-Finance on all Finance needs across the Market. The Finance Director steers the financial planning and analysis process to make the best short-term and long-term business decisions, while driving process improvement. Position entails evaluating, supervising, and developing Market finance team and functions including special project support, budgeting, cost management, revenue optimization, business planning, reporting & analytics, and consulting with business leaders. The Finance Director will lead the analysis of sales & margin in addition to developing and measuring KPIs. The Finance Director reports to the VP Finance for the Division and has a dotted line report to the Market President.

What You'll Do:

Partner with Market Leadership to analyze their results and develop budgets.

Lead key parts of budget/forecasting processes for the Market.

Responsible for budgeting of personnel, capital and/or operations expense.

Formulate business analysis of monthly/quarterly results for members of the executive team.

Lead process to develop and publish standard reporting packages for the various levels of management reporting, including reporting dashboards for executive management.

Perform actual vs. budget analysis and identify risks or opportunities associated with reported financial data.

Enhance revenue and expense forecasting with attention to detail and accuracy.

Support accounting for monthly/quarterly close processes and forecasting.

Oversee the management of the activities of direct reports in FP&A for multiple markets.

Develop managerial and technical skills of staff.

•Drive process improvement and best practices.

What You'll Need:

A bachelor's degree in business, finance, accounting, economics, or related field is required.

MS/MBA preferred.

At least 7-10 years of financial experience, including hands-on FP&A experience.

Minimum of 5 years of management/supervisory experience.

Skills in Microsoft Office (Word, Excel, PowerPoint, Outlook, etc.).

Experience leading the preparation of long-range forecasts, annual budgets, short-term plans, and healthy rolling forecasts.

Strong understanding of accounting processes, procedures, and internal controls.

Ability to research and identify problems, develop proposals, and conduct analysis independently and in collaboration with others. High accuracy with numbers.

Familiarity with financial systems such as Cognos a plus.

Ability to lead & execute in multi-task, fast-paced dynamic environment.

Must be able to travel up to 20% of the time

What You'll Bring:

  • Respect for others and a strong belief that others should do this in return
  • Full proficiency and understanding of job function
  • Ability to work independently with minimal guidance
  • In-depth knowledge of key business drivers and how this impacts your team
  • Experience in team and project management for mid-sized projects
  • Ability to recognize and mitigate risk
  • Confidence to solve complex problems using multiple sources of information
  • Growth mindset and desire for continued knowledge sharing and learning
  • Understanding of impact of your own decisions
  • Ability to identify new opportunities for continued improvement across business
  • Comfort acting as a trusted advisor for colleagues with less experience
  • Ability to manage complex and confidential information and to influence others to build consensus across all levels


Compensation:

Salary to be determined by multiple factors including but not limited to relevant experience, knowledge, skills, other job-related qualifications, and alignment with market data.

$120,000 - $150,000

Location:
Hartford, CT: 10 Columbus Blvd, 06106

Position Type:
Regular

Time Type:
Full time

Pay Type:
Salaried

Benefits:

iHeartMedia's benefits offering is flexible and offers a variety of choices to meet the diverse needs of our changing workforce, including the following:

  • Employer sponsored medical, dental and vision with a variety of coverage options
  • Company provided and supplemental life insurance
  • Paid vacation and sick time
  • Paid company holidays, including a floating holiday that enable our employees to celebrate the holiday of their choosing
  • A Spirit day to encourage and allow our employees to more easily volunteer in their community
  • A 401K plan
  • Employee Assistance Program (EAP) at no cost - services include telephonic counseling sessions, consultation on legal and financial matters, emotional well-being, family and caregiving
  • A range of additional voluntary programs, such as spending accounts, student loan refinancing, accident insurance and more!


We are accepting applications for this role on an ongoing basis.

The Company is an equal opportunity employer and will not tolerate discrimination in employment on the basis of race, color, age, sex, sexual orientation, gender identity or expression, religion, disability, ethnicity, national origin, marital status, protected veteran status, genetic information, or any other legally protected classification or status.

Non-Compete will be required for certain positions and as allowed by law.

Our organization participates in E-Verify. Click here to learn about E-Verify.

Required skills

  • Knowledge in MS Word
  • Live Broadcast
  • Internal Control
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