Finance Director, Distribution FP&A

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

REQ-30787