FP&A Manager Opex

Job Description

Every great story has a new beginning. We're excited to announce that Discovery and WarnerMedia have combined to become Warner Bros. Discovery. WBD is a premier global media and entertainment company offering audiences the world's most differentiated and complete portfolio of content, brands and franchises across television, film, sports, news, streaming and gaming. We're home to the world's best storytellers, creating world-class products for consumers. From brilliant creatives to technology trailblazers and beyond, join us as we step into the next chapter.

Warner Bros. Discovery is a premier global media and entertainment company that offers audiences the world's most differentiated and complete portfolio of content, brands and franchises across television, film, streaming and gaming. The new company combines WarnerMedia's premium entertainment, sports and news assets with Discovery's leading non-fiction and international entertainment and sports businesses.

Qualified candidates will receive consideration for employment without regard to race, color, religion, national origin, gender, sexual orientation, gender identity or expression, age, mental or physical disability, and genetic information, marital status, citizenship status, military status, protected veteran status or any other category protected by law.

The job:

Your main responsibility is to ensure proactive and timely high-quality forecasting, reporting, and analysis in the operating expenses domain. You will manage a team of analysts and ensure deep knowledge and competencies are developed to provide business stakeholders with the required information to make educated decisions.

Key responsibilities:

1. Driving OPEX Insights and Analysis
• Lead OPEX analyses across managed markets, to improve understanding, identify opportunities and feed into broader strategic questions;
• Responsible for development of standard SMT and local budget holders reporting to highlight important trends, events, or unusual;
• Generate insights on current OPEX questions, opportunities, and challenges;
• Manage ad hoc strategic and OPEX related financial requests i.e. preparing business plans, financial models and scenario analysis for situations including potential new channel launches or ceases, M&A.

2. Providing core FP&A cycle activities to local teams
• Support month-end close activities related to accruals/deferrals of different costs and validation of actual results in the system;
• Provide variance analysis to explain the actual and forecasted performance of managed markets/regions vs prior year/plan/prior forecast;
• Support forecasts/budgets development for managed markets by working with budget holders to review and validate their bottoms up, providing assessment and recommendations of OPEX drivers to local finance directors.

3. Develop a team of FP&A analysts supporting managed OPEX area
• Lead and coach group analysts to provide high-quality support to their stakeholders;
• Understand team development plans and work with them to address their gaps through experience, networking, training activities.

4. Ad hoc Operational and Cost Management Projects
• Drive simplification projects to improve efficiency in working in FP&A OPEX area (ie. forecast modeling automation with machine learning, creation of global OPEX data warehouse reporting, and self-service BI tools);
• Assist the business partners and central and regional teams with OPEX related projects;
• Collaborate across boundaries, share best practices working with different teams;
• Gain a comprehensive understanding of different OPEX dynamics in the managed region;
• Establish helpful productive relationships with key contacts in HQ and across the regions to encourage the flow of information and share knowledge.

Requirements:
• Experience in the Finance function in the FP&A department;
• Fluent English skills;
• Advanced Excel skills;
• CIMA / ACCA / CPA certification would be preferred;
• Knowledge of media industry dynamics and key metrics impacting revenue would be an asset;
• Be able to meet stringent deadlines and work under pressure while showing excellent attention to detail;
• Strong presentation and communication skills, with a proven record of effectively presenting to both senior internal and external stakeholders;
• Strong analytical and numerical skills, with proven ability to distinguish complex findings into a 'story' with actionable findings to support commercial decision making;
• Experience in using EPM solutions such as SAP BPC, Hyperion, Cognos, and OneStream is preferred;
• Strong problem-solving skills.

Warner Bros. Discovery embraces the opportunity to build a workforce that reflects the diversity of our society and the world around us. Being an equal opportunity employer means that we take seriously our responsibility to consider qualified candidates on the basis of merit, regardless of sex, gender identity, ethnicity, union status, age, sexual orientation, religion or belief, marital status, pregnancy, parenthood, disability or any other category protected by law.

If you're a qualified candidate with a disability and you need a reasonable accommodation in order to apply for this position, please contact us at recruitadmin@warnermedia.com.

Jobcode: Reference SBJ-r1zmpm-216-73-216-56-42 in your application.