Time Inc. (NYSE:TIME) is a leading multi-platform media company that engages over 170 million consumers globally every month. The company's influential brands include PEOPLE, TIME, FORTUNE, SPORTS ILLUSTRATED, INSTYLE, REAL SIMPLE, SOUTHERN LIVING and TRAVEL + LEISURE, as well as more than 60 diverse international brands. Time Inc. offers marketers a differentiated proposition in the marketplace by combining its powerful brands, trusted content, audience scale, direct relationships with consumers and unique first-party data. The company is home to growing media and platforms, including digital video, OTT, television, licensing, paid products and services and celebrated live events, such as the TIME 100, FORTUNE Most Powerful Women, PEOPLE’s Sexiest Man Alive, SPORTS ILLUSTRATED’s Sportsperson of the Year, the ESSENCE Festival and the FOOD & WINE Classic in Aspen.
The Finance Manager will report into the SVP of Finance and take a leadership role regarding the financial planning, analysis, fiscal management & reporting for Time Inc. Retail (TIR). The candidate needs to thoroughly understand the business, think analytically and communicate effectively. Additionally, the candidate will oversee finance professionals located in India related to monthly close processes as well as budgets and reforecasts.
Direct financial planning and budget management for the TIR division and develop and maintain forecasts with year-to-date results.
Conduct monthly, quarterly and annual projections, produce key statistics and forecast risks and opportunities.
Manage period closing processes & present monthly and quarterly financial packages to senior management with a focus on performance summaries, variance explanations and opportunities and risks.
Be responsible for deliverables between finance and corporate teams to provide accurate, timely and quality results to management.
Liaise closely with sales, marketing, research, technology and other key stakeholders to identify critical information that may affect analyses and reporting.
Lead financial systems implementations and liaise with Distributor to ensure accurate reporting from GL and all other systems.
Analyze financial viability of potential supply chain alternatives by creating multiple P&L scenarios, which accurately test profitability and compliance with business goals.
Continually improve the budgeting process through education of TAS finance team members on financial issues impacting their budgets.
Collaborate with corporate accounting partners on quarterly reporting and review. Ensure quality and accuracy of information submitted and that it is delivered in a consistent, timely manner.
Oversee and compile information from various sources to be able to report on and reconcile the monthly cash flow results and projections for the TIR division.
Proven: You have seven plus years of experience in a Financial Management role (preferably in publishing and/or consumer products) with attention to detail and good judgment. You have a Bachelor’s degree in Finance and/or Accounting (MBA preferred) with a strong understanding of accounting, and consumer products experience. You are well-versed in systems with strong Excel skills (formulas, pivot tables, etc.); familiarity with PeopleSoft Financials and TM1 a plus.
Communicative: You are very articulate with the ability to relate to people at all levels of an organization; you possess excellent written and verbal communication skills. You’re very dependable and have a strong sense of urgency.
Results-Driven: You’re able to work on multiple assignments in a fast paced, deadline oriented environment. You bring excellent analytical skills, and are comfortable with financial details including cash flow items, as well as a big picture thinker. You always provide timely and accurate work product.