Overview
Job Location:
New York, NY
The mission of The New York Times is to seek the truth and help people understand the world. That means independent journalism is at the heart of all we do as a company. It’s why we have a world-renowned newsroom that sends journalists to report on the ground from nearly 160 countries. It’s why we focus deeply on how our readers will experience our journalism, from print to audio to a world-class digital and app destination. And it’s why our business strategy centers on making journalism so good that it’s worth paying for.
Note for US based roles: Any offer of employment is contingent on providing proof of Covid-19 vaccination prior to your start date, subject to approved medical and/or religious exemptions, in accordance with applicable law.
Job Description
This is a vital and exciting moment to work at The Athletic, which was acquired by The New York Times Company in February 2022. To help manage our growth, we’re looking for an ambitious, strategically-minded Finance Manager to help support the FP&A function. This is a unique and exciting opportunity to join a fast-paced, entrepreneurial environment backed by the resources of a larger company.
The ideal candidate will have a firm understanding of Corporate FP&A principles and a strong attention to detail. This role is highly cross-functional, working closely with the subscription growth, commercial, product, technology, data insights marketing and newsroom teams.
Reporting to the Director of Finance, this role will be responsible for reporting revenue and expenses, analyzing project profitability, completing the month-end close and financial modeling, and assisting with resourcing and headcount.
Role Responsibilities:
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Revenue Modeling – Create and adapt dynamic driver-based revenue models for our subscription and commercial businesses. Work with business operators to update the models on a regular basis to account for business trends and strategic direction. Analyze and develop sensitivity analyses for key revenue KPIs with a deep understanding of the customer acquisition funnel.
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Budgeting and Forecasting – Coordinate comprehensive budgeting and correlated FP&A process to govern the financial performance and trajectory of the company. Partner with finance colleagues at the NYT to incorporate both short-term and long-term forecasts into the consolidated financial picture.
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Reporting – Prepare and present timely and detailed reports on The Athletic’s financial and operational performance to the executive team and other relevant stakeholders. Build and deliver a monthly financial reporting package to the NYT.
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Resourcing and Headcount – Assist with overseeing sensitive employee compensation data and assist business leaders in important resourcing decisions. Advise client groups on the profitability of both ongoing and proposed plans and monitor adherence to financial policies.
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Strategy – Help drive strategic planning and budgeting for the business with departmental, geographic, and coverage vertical based segmentation. Ensure financial plans are consistent with our strategy for both The Athletic and in the broader context of the NYT.
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Communication – Communicate complex financial analysis to a non-financial audience using charts and graphs, face-to-face meetings, and email communication. Assist with preparing earnings call materials for the Board’s review and the CFO and CEO of The New York Times.
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System Migration & Implementation – Assist with migration and integration of key financial systems to relevant NYT systems.
Basic Qualifications:
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Bachelor’s degree in Finance or related field
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MBA or relevant graduate degree preferred
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Minimum of 7 years experience in forecasting, reporting and financial modeling
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Knowledge of basic financial concepts (Net Present Value, Time Value of Money, Weighted Average Cost of Capital, Capital Budgeting, Internal Rate of Return)
Preferred Qualifications:
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Strong skill set with MS Excel and PowerPoint (Google Sheets experience preferred)
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Experience with Workday Adaptive Planning is a plus
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Experience with both direct and indirect reporting relationships preferred
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Excellent interpersonal and communication skills, both written and in person. Experience communicating with senior executives required
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Technical expertise required with ability to work with large amounts of data and build financial models, key statistics and visual charts
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Analytical thinker with ability to work independently; able to handle a high degree of ambiguity and quickly identify what needs to be accomplished
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Able to break down complex problems into pieces that can be solved with data, analysis, assumptions and judgment
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Maturity, professionalism, and high level of discretion are required
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Ability to multi-task and work in a challenging fast paced environment
The annual base pay range for this role is between $102,000.00 and $138,000.00.
The New York Times is committed to a diverse and inclusive workforce, one that reflects the varied global community we serve. Our journalism and the products we build in the service of that journalism greatly benefit from a range of perspectives, which can only come from diversity of all types, across our ranks, at all levels of the organization. Achieving true diversity and inclusion is the right thing to do. It is also the smart thing for our business. So we strongly encourage women, veterans, people with disabilities, people of color and gender nonconforming candidates to apply.
The New York Times Company is an Equal Opportunity Employer and does not discriminate on the basis of an individual’s sex, age, race, color, creed, national origin, alienage, religion, marital status, pregnancy, sexual orientation or affectional preference, gender identity and expression, disability, genetic trait or predisposition, carrier status, citizenship, veteran or military status and other personal characteristics protected by law. All applications will receive consideration for employment without regard to legally protected characteristics. The New York Times Company will provide reasonable accommodations as required by applicable federal, state, and/or local laws, and will consider qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable “Fair Chance” laws.