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Senior Financial Analyst

companyiHeart Media
locationMedford, MA, USA
PublishedPublished: 2/2/2024
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 iHM Market's Group Finance Team supports the 800+ radio stations across the country through providing strategic direction for operations, enables better decision making through the use of data, and creates tools and processes to help the leadership team work more effectively. This position reports to the Senior Vice President of Finance and supports the VP Finance Team. This role is located in Boston, MA.

What You'll Do:

• Designs, implements and provides products, programs, projects, processes and reporting in support of the Financial Planning and Analysis function

• Creates and gives presentations showing effect of sales trends and recommendations to increase profitability or stem losses significant to the market's monthly, quarterly or yearly results

• Provides financial services and consulting at the division or region level; performs analysis and interpretation of financial and other data

• Forecasts, analyzes, and evaluates financial plans and budgets; develops recommendations to achieve financial objectives

• Participates in expense forecasting and actuals process, including research and communication of variances and quarterly earnings

• Analyzes and reports on results of various requests for proposals (RFPs) and programs to include total cost modeling, and prepares cost benefit analysis (CBA) recommendations

• Prepares forecast results commentary; compiles consolidated expense actual and forecast reports for distribution to appropriate leadership

• Analyzes trends, researches issues and responds to inquiries

• Contributes to the development of best practices for company

•Participates in and leads financial variances for forecast, budget and monthly close packages

• Responsible for understanding detailed financials, key variances and identifying risks/opportunities to the business

• Builds process improvements that identify and track key operating metrics that can be leveraged to develop planning tools

• Creates financial models to support P&L forecasting, annual budgeting process, and evaluation of strategic business decisions

• Interfaces with business, finance & sales leads, accounting partners and IT to ensure accurate data and information gathering

• Performs analysis/deep dives on profitability, revenue trends and other periodic ad-hoc analytical projects

• Performs ad hoc research as necessary; prepares and presents comprehensive evaluations, proposals and recommendations to appropriate leadership

• May assist with annual update of long range forecasts

• May manage budgeting process including preparation of templates, coordination of budget meetings, entering budget information into appropriate systems and preparation of presentation materials

•May develop spend profiles and any performance to business requirements

May be responsible for training and/or acting as the lead for lower level positions in the group

What You'll Need:

• Proficient in Microsoft Office suite; advanced skills in Excel with a focus on accuracy, speed, and efficiency

• Experience with accounting software, IBM Cognos, HFM, Salesforce.com, Thinkcell, VB and SQL, or ability to learn new systems quickly

• Self-starter, can work independently under minimal supervision

• Highly detail oriented, with strong attention to accuracy

• Excellent planning and organization skills; can multitask and prioritize workload under tight deadlines in a fast-paced environment

• High degree of quantitative, analysis, problem-solving and decision-making skills; critical thinker

• Stress tolerance, can maintain composure when faced with difficult situations/personalities

• Excellent oral and written communication skills

• Strong interpersonal skills; professional and confident demeanor
Work Experience

• 3+ years' analytical experience in financial planning, operations or other finance-heavy division
Education

• Minimum of 4-year college degree in Accounting or Finance

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.

$84,000 - $105,000

Location:
Medford, MA: 1 Cabot Road, Suite 320, 02155

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!

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

  • Live Broadcast
  • Data Analysis
  • Budgeting
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