Sr Director M&A and Financial Planning & Analysis, CBS Stations

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Overview & Responsibilities

Seeking a dynamic, well-versed, and initiative-taking finance leader with deep expertise in Mergers & Acquisitions (M&A), strategic deal execution, financial planning and analysis, long-range planning, and team executive. The Sr. Director will play a pivotal role in spearheading inorganic growth initiatives, leading all phases of the M&A lifecycle—including opportunity identification, due diligence, valuation, deal structuring, integration planning, and post-merger analysis—while overseeing the FP&A team for the consolidated Stations group and CMV Revenue. This role reports to the CFO, News, Stations, and CMV, and collaborates with senior executives and cross-functional teams to deliver actionable insights and support strategic decision-making across Linear and Digital platforms.

Responsibilities include, but are not limited to:

Mergers and Acquisitions

• Assist with the end-to-end M&A process, including sourcing, evaluating, and executing acquisition opportunities to expand the station footprint and drive strategic growth.
• Direct financial due diligence, valuation modeling, and scenario analysis for potential transactions, ensuring robust risk assessment and alignment with corporate strategy.
• Oversee the integration of companies following a merger, ensure their operations and finances function collaboratively, and monitor the resulting advantages.
• Guide the development of detailed trend analyses, long-range business plans, revenue and expense budgets/forecasts, and monthly reporting processes to ensure accuracy and predictability.
• Prepare high-level presentations and deal summaries for executive management, providing clear recommendations and strategic insights.

Finance

• Deliver comprehensive variance explanations on monthly actual reporting and forecasts, revising analyses as new information emerges.
• Oversee budgeting, forecasting, and monthly reporting processes to ensure accuracy and predictability
• Synthesize complex financial and strategic information into clear, concise formats for stakeholders.
• Supervise and mentor the FP&A team, fostering professional development and an inclusive, high-performance culture.
• Ensure solid insight and execution of all financial operations, including accounting, free cash flow reporting, and application of revenue recognition methodologies.
• In charge of supervising financial activities to make sure they are completed promptly and are fully comprehended. Responsibilities include managing accounting duties, tracking cash flow, examining budget variances, and following the correct revenue recognition rules.
• Responsible for supervising and executing financial operations, including accounting, free cash flow reporting, variance analyses, and the application of revenue recognition methodologies for proper accounting treatments

Basic Qualifications

• Bachelor’s degree in Finance, Business Administration, or Economics.
• Minimum 12+ years in Finance, with significant experience in M&A; Media/Entertainment/Digital focus preferred.
• Advanced proficiency in Excel & PowerPoint.
• Experience creating materials for senior management.
• Highly analytical, able to synthesize data and provide insightful narratives.

Additional Qualifications

• Proven track record of leading successful M&A transactions and integrations.
• Strong comprehension of Linear Broadcast/Syndication and Digital Space.
• Advanced proficiency in Excel & PowerPoint.
• Experience creating materials for senior management.
• Highly analytical, able to synthesize data and provide insightful narratives.
• Exceptional executive team, management, and organizational skills.
• Results-oriented, able to multitask in a dynamic environment.
• Excellent written and verbal communication skills.

CBS News and Stations, brings together the power of CBS News, 28 owned television stations in 17 major U.S. markets, the CBS News Streaming Network, CBS News Streaming local platforms, local websites and cbsnews.com, under one umbrella. CBS News and Stations is home to the nation’s #1 news program 60 MINUTES, the CBS News Streaming Network, the first 24/7 digital streaming news network, the award-winning broadcasts CBS MORNINGS, CBS SATURDAY MORNING, the CBS EVENING NEWS, CBS SUNDAY MORNING, CBS WEEKEND EVENING NEWS, 48 HOURS and FACE THE NATION WITH MARGARET BRENNAN. CBS News and Stations provides news and information for the CBS Television Network, CBSNews.com, CBS News Radio and podcasts, Paramount +, all digital platforms, and the CBS News Streaming Network, the premier 24/7 anchored streaming news service that is available free to everyone with access to the internet. The CBS News Streaming Network is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations’ top anchors and correspondents working locally, nationally and around the globe. CBS News’ streaming services, across national and local, amassed more than 1.01 billion streams in 2021. Launched in November 2014 as CBSN, the CBS News Streaming Network is available on 30 digital platforms and apps, as well as CBSNews.com and Paramount+. The service is available live in 91 countries. CBS News and Stations is dedicated to providing the highest quality journalism under standards it pioneered and continues to set in today’s digital age. CBS News earns more prestigious journalism awards than any other broadcast news division.

Organizations that wish to receive job vacancy notices from this posting’s television station should contact [email protected].

Additional Information

Hiring Salary Range: $150,000.00 - 230,000.00.

The hiring salary range for this position applies to New York, California, Colorado, Washington state, and most other geographies. Starting pay for the successful applicant depends on a variety of job-related factors, including but not limited to geographic location, market demands, experience, training, and education. The benefits available for this position include medical, dental, vision, 401(k) plan, life insurance coverage, disability benefits, tuition assistance program and PTO or, if applicable, as otherwise dictated by the appropriate Collective Bargaining Agreement. This position is bonus eligible.

What We Offer:

• Attractive compensation and comprehensive benefits packages. Check out our full list of benefits here:
• Generous paid time off.
• An exciting and fulfilling opportunity to be part of one of Paramount’s most dynamic teams.
• Opportunities for both on-site and virtual engagement events.
• Unique opportunities to make meaningful connections and build a vibrant community, both inside and outside the workplace.
• Explore life at Paramount:

Paramount is an equal opportunity employer (EOE) including disability/vet.

At Paramount, the spirit of inclusion feeds into everything that we do, on-screen and off. From the programming and movies we create to employee benefits/programs and social impact outreach initiatives, we believe that opportunity, access, resources and rewards should be available to and for the benefit of all. Paramount is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, creed, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, and Veteran status.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access as a result of your disability. You can request reasonable accommodations by calling 212.846.5500 or by sending an email to [email protected]. Only messages left for this purpose will be returned.