Employers

Television Finance Executive Back

Metro-Goldwyn-Mayer Studios Inc.

Beverly Hills,California 90210

Web Site:

www.mgm.com/#/about/careers

Company Profile

col-wide   

Category:

Accounting / Finance, Operations

Job Description:

Metro-Goldwyn-Mayer Studios Inc. (“MGM”) is searching for a senior executive of Television Finance to lead its Television FP&A department. This position reports directly to the CFO of MGM and oversees all financial planning and analysis for the MGM Television Group. 

The Executive will play a critical role in working with the core leadership team to drive company objectives and to assure that goals are met.   The Executive will have responsibility for worldwide television budgeting and forecasting across the following divisions:  worldwide television distribution, scripted television production, unscripted television production, digital production and media networks/channels.  As a key member of the executive team, the Executive will be a critical liaison between the CFO / Corporate Finance group and television operations, while acting as an advisor to the divisional business leaders, evaluating and assisting them with their business strategies, financial planning, and growth plans. 
 
The Executive will supervise a team of 6 direct reports. The Executive will work closely with the President of Worldwide Distribution, President of Unscripted Production, President of Scripted Production, President of Digital and New Platforms, President TV, EVP TV Business Operations, EVP Controller/CAO, and SVP Corporate Finance. 
 
Key Responsibilities

• Proactively direct the financial planning and analysis process, including monthly operating reviews, quarterly forecasts, the annual budget and long-range plan across all television and media networks/channels segments.
• Oversee long-term planning and cost management of all television and digital content in alignment with MGM’s strategy, especially as the organization undergoes growth and expansion opportunities.
• Drive divisions to achieve annual financial targets and goals, challenging when necessary.
• Oversee the television greenlight process; work closely with business affairs to optimize deal structures, present greenlight models for management approval.
• Monitor the ultimates and performance of the company’s slate of film, scripted, unscripted and digital productions.   
• Partner with the division business leaders to determine their most pressing business needs and how the finance team can work most effectively with them.   
• Engage with business leaders to review issues, trends and changes in the operating model.
• Mentor and guide direct reports, managing work allocation and driving engagement.   Build a collaborative and effective team dynamic.
• Work closely with the CFO and SVP Corporate Finance to communicate timely updates on television and media networks operations 

Job Requirements:

Ideal Experience

The Executive will be a seasoned leader with broad entertainment finance experience, ideally having a strong FP&A background paired with an auditing or accounting background and 15+ years of experience.  B.A. in Business, Finance, or Accounting required and MBA preferred.

• A strong record of operational focus and accomplishment as a CFO or like role of a division or a smaller stand-alone company in media.
• Experience working as a true business partner to the leadership of a multi-divisional organization.
• A demonstrated understanding of the television production cycle, from development through production and exploitation across all windows.
• Experience in taking a strategic vision and converting it to an operational model.
• Demonstrated ability to provide objective analysis and crucial advice to key stakeholders.
• Past experience successfully partnering with IT staff to manage critical organizational and financial management systems.
 
Key Competencies
 
• Strategically and commercially astute, quickly grasping details and applying sound analytical skills to swiftly drive decisions.
• Strong understanding of television and media networks/channels business as well as television accounting and ultimates, particularly with respect to revenue recognition and cost amortization.
• Ability to identify areas of improvement in various processes, including greenlighting, forecasting, modeling, and reporting functions. 
• Ability to drive a culture of continuous improvement within finance, with a focus on commercial business partnering and strategic insight.
• Ability to play a major leadership role in the company by being a collaborative partner who is able to influence various stakeholders, challenging them when necessary.
• Ability to work across a wide group of divisional management while balancing priorities and accommodating fast changes in content-led businesses.
• Superior interpersonal and communication skills.   Articulate with strong presentation skills.
• Comfortable operating in a fast-paced, high growth, evolving organization in a dynamic industry landscape.

Job Descriptions:

Metro-Goldwyn-Mayer Studios Inc. (“MGM”) is searching for a senior executive of Television Finance to lead its Television FP&A department. This position reports directly to the CFO of MGM and oversees all financial planning and analysis for the MGM Television Group. 

The Executive will play a critical role in working with the core leadership team to drive company objectives and to assure that goals are met.   The Executive will have responsibility for worldwide television budgeting and forecasting across the following divisions:  worldwide television distribution, scripted television production, unscripted television production, digital production and media networks/channels.  As a key member of the executive team, the Executive will be a critical liaison between the CFO / Corporate Finance group and television operations, while acting as an advisor to the divisional business leaders, evaluating and assisting them with their business strategies, financial planning, and growth plans. 
 
The Executive will supervise a team of 6 direct reports. The Executive will work closely with the President of Worldwide Distribution, President of Unscripted Production, President of Scripted Production, President of Digital and New Platforms, President TV, EVP TV Business Operations, EVP Controller/CAO, and SVP Corporate Finance. 
 
Key Responsibilities

• Proactively direct the financial planning and analysis process, including monthly operating reviews, quarterly forecasts, the annual budget and long-range plan across all television and media networks/channels segments.
• Oversee long-term planning and cost management of all television and digital content in alignment with MGM’s strategy, especially as the organization undergoes growth and expansion opportunities.
• Drive divisions to achieve annual financial targets and goals, challenging when necessary.
• Oversee the television greenlight process; work closely with business affairs to optimize deal structures, present greenlight models for management approval.
• Monitor the ultimates and performance of the company’s slate of film, scripted, unscripted and digital productions.   
• Partner with the division business leaders to determine their most pressing business needs and how the finance team can work most effectively with them.   
• Engage with business leaders to review issues, trends and changes in the operating model.
• Mentor and guide direct reports, managing work allocation and driving engagement.   Build a collaborative and effective team dynamic.
• Work closely with the CFO and SVP Corporate Finance to communicate timely updates on television and media networks operations 

Job Requirements:

Ideal Experience

The Executive will be a seasoned leader with broad entertainment finance experience, ideally having a strong FP&A background paired with an auditing or accounting background and 15+ years of experience.  B.A. in Business, Finance, or Accounting required and MBA preferred.

• A strong record of operational focus and accomplishment as a CFO or like role of a division or a smaller stand-alone company in media.
• Experience working as a true business partner to the leadership of a multi-divisional organization.
• A demonstrated understanding of the television production cycle, from development through production and exploitation across all windows.
• Experience in taking a strategic vision and converting it to an operational model.
• Demonstrated ability to provide objective analysis and crucial advice to key stakeholders.
• Past experience successfully partnering with IT staff to manage critical organizational and financial management systems.
 
Key Competencies
 
• Strategically and commercially astute, quickly grasping details and applying sound analytical skills to swiftly drive decisions.
• Strong understanding of television and media networks/channels business as well as television accounting and ultimates, particularly with respect to revenue recognition and cost amortization.
• Ability to identify areas of improvement in various processes, including greenlighting, forecasting, modeling, and reporting functions. 
• Ability to drive a culture of continuous improvement within finance, with a focus on commercial business partnering and strategic insight.
• Ability to play a major leadership role in the company by being a collaborative partner who is able to influence various stakeholders, challenging them when necessary.
• Ability to work across a wide group of divisional management while balancing priorities and accommodating fast changes in content-led businesses.
• Superior interpersonal and communication skills.   Articulate with strong presentation skills.
• Comfortable operating in a fast-paced, high growth, evolving organization in a dynamic industry landscape.