Nexstar Broadcasting Group, Inc

Vice President, Finance

Nexstar Broadcasting Group, Inc$180K — $250K *
Media
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Business, Finance or Accounting degree required.
  • At least 10 years of finance management experience in media or broadcasting, especially in a high-growth setting.
  • Demonstrated ability to lead organizational change and development successfully.
  • Strong judgment and creative problem-solving abilities, including negotiation and conflict resolution.
  • Entrepreneurial mindset with multitasking capabilities.
  • Exceptional management skills for influencing and engaging team members and peers.
  • Experience in mentoring and coaching diverse team members.

Responsibilities

  • Plan and execute the annual budget process, establishing timelines for divisions.
  • Provide data and analysis for financial presentations to senior finance leaders.
  • Develop budgets, forecasts, and performance models for strategic analysis.
  • Advise on financial implications of business decisions to identify growth opportunities.
  • Lead financial aspects of strategic merger and acquisition initiatives.
  • Contribute to the establishment of Nexstar’s strategic goals and overall management.

Benefits

  • Timely training and professional development for staff.
  • Performance goals and annual appraisals for career advancement opportunities.
  • Supportive and collaborative mentorship culture.
Full Job Description
  • Reports to SVP, Finance

  • Partners with President, Broadcasting

  • Frequent interaction with EVP, CFO

  • Responsible for all day-to-day and strategic financial planning and analysis related to the Company’s broadcast division, or other analysis, as required

  • Supported by 1 – 2 financial analyst, managers and/or directors

  • This position will be based at our corporate office in Irving, Texas

Responsibilities

Financial Strategy and Planning

  • Responsible for planning and execution of the annual budget process, by determining processes and timelines for each division and contributor to the budget cycle.

  • Provide senior finance leaders with the required data inputs and analysis for financial presentations (board meetings, earnings calls, banking presentation, etc.).

  • Develop budgets, forecasts and models to aid in the analysis for company performance against goals

  • Advise on financial implications of business decisions, identifying opportunities for growth and cost saving initiatives.

  • Lead financial aspects of strategic merger and acquisition opportunities

  • Contribute to the development of Nexstar’s strategic goals and objectives as well as the overall management of the organization.

Team Development/Leadership

  • Oversee, direct, and organize the work of the finance team.

  • Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.

  • Ensure staff members receive timely and appropriate training and development.

  • Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer salary adjustments.

  • Mentor and develop staff using a supportive and collaborative approach: assign accountabilities; set objectives; establish priorities; and monitor and evaluate results.

Qualifications

  • Business, Finance or Accounting degree mandatory

  • Minimum 10 years of experience in a finance management role ideally within the media or broadcasting industry with financial management experience gained in a high-growth organization

  • Proven track record of success facilitating progressive organizational change and development within a growing organization

  • Excellent judgment and creative problem-solving skills including negotiation and conflict resolution skills

  • Entrepreneurial team player who can multitask

  • Superior management skills; ability to influence and engage direct and indirect reports and peers

  • Strong mentoring, coaching experience to a team with diverse levels of expertise

  • Self-reliant, good problem solver, results oriented

  • Energetic, flexible, collaborative, and proactive; a team leader who can positively and productively impact both strategic and tactical finance and administration initiatives.

  • Ability to operate as an effective tactical as well as strategic thinker

  • Advanced/expert knowledge of Microsoft Excel, including extensive use of macros and pivot tables, integrations and Microsoft Dynamics 365 (accounting system), Adaptive (Workday budgeting tool), Power BI (Microsoft data platform), Microsoft Powerpoint

#LI-Onsite

About Nexstar Broadcasting Group, Inc

Nexstar Media Group, Inc. is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 199 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC’s UHF discount). Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities. Nexstar also owns WGN America, a growing national general entertainment cable network and a 31.3% ownership stake in TV Food Network, a top tier cable asset. For more information please visit www.nexstar.tv.
Learn more about Nexstar Broadcasting Group, Inc
Size
11,160 employees
Market Cap
$6.5 billion
Industry
Net Income
$811.4 million
Founded
2000
5 Year Trend
+33.3%
Revenue
$4.5 billion
NASDAQ

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