CBS Corporation Financial Analyst in New York, New York

Financial Analyst

REF#: 30477

CBS BUSINESS UNIT: Simon & Schuster

JOB TYPE: Full-Time Staff

JOB SCHEDULE: Full-Time

JOB LOCATION: New York, NY

ABOUT US:

Simon & Schuster, a part of CBS Corporation, is a global leader in the field of general interest publishing, dedicated to providing the best in fiction and nonfiction for consumers of all ages, across all printed, electronic, and audio formats. Its divisions include Simon & Schuster Adult Publishing, Simon & Schuster Children’s Publishing, Simon & Schuster Audio, Simon & Schuster Digital, and international companies in Australia, Canada, India and the United Kingdom.

DESCRIPTION:

This position is responsible for the budgeting, forecasting and reporting of one or more imprints (business units). This is achieved by maintaining a series of departmental databases and related support schedules. This position will also be responsible for the preparation of acquisition and post publishing P&L's, review of the automated Daily Sales Report, forecasting author advances, and preparation of other adhoc financial analysis. Specific Responsibilities Include: forecasting the following for the annual budget and monthly updates for one or more publishing imprints (business units):

  • Gross and net physical and electronic sales

  • Variable expenses including edition cost, royalties, plant expense, advertising

  • Subright forecasting

  • Royalty write-offs

Maintain title by title frontlist (newly released book by book) database; Forecast carryover and blacklist sales based on history and current trends; Work with associate publishers to review marketing expenditures; Editorial liaison responsible for all acquisition paperwork; Preparation of monthly P&L to be presented to Publisher;Work with accounting to ensure proper accruals have been booked during the monthly close; Review actual results and understand all significant variances vs the budget; Prepare title acquisition P&L's, post publishing P&L 's and royalty write-off P&L’s; Review the Daily Sales report and work with the IT group to solve any issues with automated reports; Continue to utilize external systems applications (TM1, COGNOS, etc.) to enhance current reporting and analytical abilities and make recommendations whenever necessary for improvements and corrections

QUALIFICATIONS:

Required:

College degree in finance or accounting. 1 to 3 years’ experience. Strong PC skills (Excel an MUST/Access a plus)

EEO STATEMENT:

Equal Opportunity Employer Minorities/Women/Veterans/Disabled