Director, Finance - Revenue

Sesame Workshop has an immediate need for an experienced Director, Revenue Finance. This position will support and manage the financial planning, forecasting, reporting and the accounting operations for a portfolio of business. This portfolio may include content distribution, consumer product licensing, and philanthropic development, for both Domestic and International business. The position calls for a detail oriented professional with a strong financial background and working knowledge of forecasting and reporting. The Director, Revenue Finance, must be comfortable interacting with various levels of management and handling highly confidential information. This position will report to the Assistant Vice President, Revenue Finance.

To be successful in this role, the ideal candidate must have solid budgeting, financial planning and reporting experience to assist with the management of large components of the Revenue portfolio. The Director, Revenue Finance must be comfortable serving as a financial business partner to different lines of business leads, delegating tasks while remaining the main Finance point of contact for all aspects of their portfolio.

The ideal candidate is someone who can build financial models, gather the information necessary to forecast revenues and expenses, and think into the future. They will understand how to incorporate prior performance into the planning and budgeting process. The role also requires someone who can operate independently and think for themselves but is willing to bring that independence into a team environment and share information with others, all working towards common goals. We are looking for someone who can delegate responsibility, who is comfortable presenting financial information and recommendations to all areas of senior management (e.g., Revenue Department Leadership and Finance Department Leadership). Finally, the candidate will have previous experience working on a team providing financial support to offices/subsidiaries outside of the United States.

Additional requirements include experience in working with the licensing of intellectual property for commercial exploitation of that IP. Previous experience with an NGO/non-profit company is a plus.

Please Note: This position is a New York, NY based hybrid position (3 days/week in office). The stated salary range in this posting is an average and may not be reflective of individual compensation. We will review specific salary information during the interview process.

Responsibilities:

• Manage all areas of the financial planning and financial operations for assigned portfolio, including line of business budgeting, general ledger accounting and close-the-books, and financial reporting.
• Plan and execute the coordination and preparation of the assigned portfolio’s annual budget, monthly close, quarterly forecasts, and oversight of all portfolio lines of business.
• Develop and manage cashflow forecast for assigned portfolio
• Support developing multi-year plans for assigned portfolio
• Address questions from business partners and leaders regarding budgets, financial plans, expense timelines and projections, and underlying budget assumptions.
• Review spending plans for reasonableness, ensuring all expenditures follow Sesame Workshop’s policies and procedures
• Support the development of deal memos, licensing agreements, distribution agreements and contracts.
• Maintain Sesame Workshop’s Rights Management system for assigned portfolio.
• Participate in balance sheet review, including accounts receivable; support A/R collection where applicable
• Prepare variance analysis, monitoring forecast versus actual and notify Business Partners, Finance management, and other key team members of variances and their drivers.
• Prepare ad-hoc analysis on behalf of business partners, finance leadership and/or strategy teams; support investment requests and business case development

• Complete Quarterly Close and Estimates; ensure that all actual projected revenue and expenses are accurately recorded, accrued, and reported in Sesame Workshop’s financial systems.
• Support annual audit, including local audits in international offices where applicable
• Lead consolidation of branch offices and subsidiaries within assigned portfolio and ensure conformance with US GAAP reporting and disclosure requirements. Act as main “point of contact” for foreign office finance leads and remain abreast of local tax risks, VAT invoicing, transfer pricing and annual local audits.
  

Minimum Qualifications:

• Bachelor's degree
• Minimum of 8 years progressive experience in financial planning, fiscal management, and/or accounting roles
• Strong knowledge and hands-on experience with NetSuite NFP.
• Experience leading and managing a team
• Experience with month-end close, audit preparations, budgeting, and financial reporting.
• Strong analytical and problem-solving skills.
• Eligible to work in U.S.

Preferred Qualifications:

• Advanced skills in Microsoft Excel, including complex formulas, pivot tables and query
• Experience with other Sesame Workshop financial and sales systems, including: IBM Planning Analytics, FilmTrack, Salesforce, Coupa and ADP
• Experience in budgeting and reporting in foreign currency and currency conversion
• International business experience including experience interacting with international branch offices or subsidiaries, working knowledge of IFRS accounting standards and international tax approaches
• Strong process improvement orientation, seeking to improve workflows and apply digital tools to improve efficiency and effectiveness
• Experience in Non-Profit industry
• Excellent communication and interpersonal skills
• Ability to work independently and collaboratively in a hybrid work environment.