Company Description
NBCUniversal is one of the world's leading media and entertainment companies. We create world-class content, which we distribute across our portfolio of film, television, and streaming, and bring to life through our global theme park destinations, consumer products, and experiences. We own and operate leading entertainment and news brands, including NBC, NBC News, NBC Sports, Telemundo, NBC Local Stations, Bravo, and Peacock, our premium ad-supported streaming service. We produce and distribute premier filmed entertainment and programming through our powerhouse film and television studios, including Universal Pictures, DreamWorks Animation, and Focus Features, and the four global television studios under the Universal Studio Group banner, and operate industry-leading theme parks and experiences around the world through Universal Destinations & Experiences, including Universal Orlando Resort, home to Universal Epic Universe, and Universal Studios Hollywood. NBCUniversal is a subsidiary of Comcast Corporation. Visit www.nbcuniversal.com for more information.
Our impact is rooted in improving the communities where our employees, customers, and audiences live and work. We have a rich tradition of giving back and ensuring our employees have the opportunity to serve their communities. We champion an inclusive culture and strive to attract and develop a talented workforce to create and deliver a wide range of content reflecting our world.
Job Description
The Senior Financial Analyst based in London is part of the Global Close & Consolidation team. This position has a highly visible role within NBCU’s Controllership Group and requires interaction and relationship management with a number of high impact stakeholders.
This position will be responsible for providing support and assistance for all close and consolidation aspects of the close cycles for various NBCU Business Units (Theatrical, Home Entertainment, Channels, Television Production). Tasks relate to, but are not limited to, performing various checks to ensure proper reporting, monitoring the intracompany process, partnering with controllers on FX related matters, communicating corrections that need to be made by the Business Units, posting manual/late journal entries as a Corporate Super User, and assisting the immediate team in LA as needed.
The role has a solid reporting line to the Consolidation and Reporting Manager based in London. This position will be the key contact person for all the finance tasks that have been outsourced to the Accenture team of 2 to 3 persons, the outsourced finance partner in India.
Responsibilities include but are not limited to the intracompany, month end checks (FX accounting & system consistency checks) and Comcast reporting processes.
Intracompany
- Responsible for monitoring and controlling the NBCU intracompany (IC) process (balance sheet and P&L):
- Maintenance of master data
- Settlement process, liaising with Treasury and Corporate teams
- Prepare and post eliminations to eliminate intracompany balances as part of group reporting
- Perform checks to ensure IC balances eliminate at a consolidated level
- Advise and resolve errors/issues in the IC process
- Monitor FX on IC balances
- Analyze processes and identify areas for process improvements
- Training & education of users on the IC workflow tool
Month End Processes (FX Accounting & System Consistency Checks)
- Actively participates in and contributes to monthly and quarterly close processes, including assistance with performing foreign currency translation checks, SAP system checks, balance sheet and P&L checks, account reconciliations etc.
- Perform analysis on balance sheet accounts to differentiate variances due to operational activity versus FX for reporting
- Perform analysis to identify adjustments required when translating the balance sheet at the spot end of month rate versus the approximate end of month rate
- Analyse the fair market value of existing FX hedges and record impact of fair market valuation at the corporate level and on behalf of the businesses to ensure all hedging activity is recorded on the ledger appropriately
Comcast Reporting
- Generate data files of NBCU’s results and upload to NBCU’s parent company Comcast’s consolidation system
- Resolve any errors with the data loads in a timely basis
- Perform reconciliations between NBCU and Comcast ledgers and investigate and resolve any differences on a timely basis
- Reconcile FX translation variances between NBCU and Comcast and analyze and resolve differences in a timely manner
Ad Hoc
- Work closely with the Accenture team lead to ensure all the outsourced accounting activities are performed as agreed; work with NBCU’s Fin Ops team and governance groups to support performance metrics on outsourced work and identifying areas for improvement.
- Partner with the business and broader finance community to provide financial expertise on projects. Continuous improvement projects that we are currently working on relate to intracompany settlement and FX remeasurement and FX translation process.
- Provide ad-hoc reporting and analysis (including for non-finance departments).
- Help build a strong Close and Consolidation team that strives for high standards of performance and service delivery to the various Business Units. Develop and leverage key relationships with NBCU Controllership community (Controllers, Corporate Teams in NY and LA), demonstrating a high level of cultural consciousness. Collaboration and flexibility are a critical part of the role.
- Assist immediate team in LA as needed (e.g., close and consolidation procedures, ad hoc projects, etc.)
- The assigned tasks vary in complexity, but all need to be treated with the same diligence in terms of accuracy and timely reporting.
- Participate in discussions related to functional design, system controls, and requirements from a finance/controllership perspective.
- Any other responsibilities as required
Qualifications
- Advanced degree in finance or accounting (preferred ACA, ACCA, CIMA, US CPA qualified)
- Professional working experience in finance and/or accounting within a large multinational organisation. Public accounting experience preferred.
- Sound technical accounting experience, including comprehensive understanding of US GAAP, UK GAAP, IFRS etc.
- Excellent judgment and problem-solving skills to quickly resolve unique, complex and challenging issues and concerns independently, being effective and decisive.
- Ability to work independently as well as part of a team
- Strong ownership of responsibilities and dedication to quality
- Proficient user of financial accounting systems and highly competent in Excel. Ideally SAP experience / SAP Analysis for Microsoft Office Excel (AOE) knowledge.
- Demonstrate strong influential and communication skills across different disciplines and cultures. Ability to identify and escalate issues appropriately.
- Possess high level of personal and professional integrity.
- Ability to work in a fast, dynamic environment and manage competing priorities and challenging stakeholders
- Experience in working with outsourced finance partners or managing team in a remote location would be a plus.
Additional Information
As part of our selection process, external candidates may be required to attend an in-person interview with an NBCUniversal employee at one of our locations prior to a hiring decision. NBCUniversal's policy is to provide equal employment opportunities to all applicants and employees without regard to race, color, religion, creed, gender, gender identity or expression, age, national origin or ancestry, citizenship, disability, sexual orientation, marital status, pregnancy, veteran status, membership in the uniformed services, genetic information, or any other basis protected by applicable law.
If you are a qualified individual with a disability or a disabled veteran and require support throughout the application and/or recruitment process as a result of your disability, you have the right to request a reasonable accommodation. You can submit your request to [email protected].
