Financial Analyst, Athlete Marketing
Red Bull, Santa Monica, California, United States, 90403
Overview
This role will support all aspects of planning, analysis, and reporting for Athlete Marketing. The person will work alongside the Athlete sub-verticals (Athlete Marketing, Aviation, Mass Action, and Squads) and support in resource allocation, evaluating direct and indirect spend, and driving reporting and forecasting. The position will be responsible for all areas of Athlete Compensation planning (Base Comp, Bonus/Bonus Hedging, Athlete Marketing expenses, etc). It will also support the Athlete Performance Center and be responsible for Consumer Marketing indirect budgets during planning, reporting, and close. This role will be responsible for approximately $33M in Direct marketing budget and will serve as a business partner (along with the Director of Marketing Finance) to the Sr Director of Athlete Marketing and their direct reports. All the responsibilities we'll trust you with: Responsibilities
PLANNING AND REPORTING Lead the process for FRE/SRE/BP for Athlete marketing. Coordinate the planning process across all Athlete verticals to ensure financial targets are achieved. Support the Business Plan/Revised Estimate process via timeline communication, template creation and obtaining required inputs from budget owners for loading into BI. Develop a methodology to drive resource allocation within your departments, critical for Events where targets are established centrally and allocated to regions. Challenge and influence budget owners during planning in alignment with business priorities and strategies. Prepare and distribute a detailed monthly report to assist department heads in managing direct and indirect spends, including commentary on brand results, project/internal orders, accounts, and cost centers. Perform controlling activities to prevent budget overspend by overseeing actual marketing and indirect expenses recorded in the month. Establish regular budget reviews to understand results, ensure adherence to controlling guidelines, and assess potential impacts to full-year estimates. Analyze data and trends to identify budget risks or opportunities and propose alternatives. PERIOD CLOSING
Drive the monthly and annual period closings for Athlete Marketing in alignment with month and year-end calendars. Coordinate the monthly accrual process following the cost-revenue matching principle (accrual accounting). Drive and manage ongoing improvements to the monthly close and accrual process. Ensure actuals post in accordance with controlling guidelines by identifying and correcting potential IO/GL combination errors. Ensure reconciliation of systems (SAP/BI/Hyperion). BUSINESS PARTNERSHIP
Work with Athlete vertical leads to understand departmental priorities and strategies. Establish trust with business partners through service mentality while challenging them with questions and insights. Partner with budget owners to improve resource allocations and ensure budget adherence. Provide leadership on important initiatives as the Finance lead on key projects. Turn fact-based insights into action, influencing partners to create actionable plans and timely decisions. Hold on-site and online trainings for marketing team members to understand financial processes and requirements. PROJECT SUPPORT
Support special projects to drive new insights and enhance Finance team development. Support structural changes (new profit centers, IO creation, hierarchies, etc.). Provide year-end Audit support. Assist with implementing and communicating Global financial initiatives to improve cost control. Your areas of knowledge and expertise that matter most for this role
Bachelor’s degree in Finance / Accounting / Business from an accredited college or university 2-5 years of experience in Finance; prior CPG experience a plus Excellent Microsoft Excel and PowerPoint skills, familiarity with SAP BI/Hyperion or similar tools Self-motivated and proactive; able to work under pressure in a fast-paced team environment Good communication and presentation skills with peers, stakeholders, and leadership This position is open to U.S. citizens, U.S. permanent residents, or individuals authorized to work in the United States on a valid visa. The base salary range for this position is $67,200 - $100,800 + cash incentives. Actual salary offers may vary based on work experience. The base pay range is subject to change and may be modified. Benefits and Equal Opportunity
Our current benefits include: Comprehensive Medical, Dental and Vision Plans, 401k Match, Family Leave, PTO & Paid Holiday Schedule, Pet, Legal, and Life Insurance, Tuition Reimbursement (benefits listed may vary depending on employment nature and/or location). Red Bull Media House North America, Inc. is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, age, or any other classification protected by Federal, state, or local law. Red Bull North America, Inc. is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, age, or any other classification protected by Federal, state, or local law. We will consider for employment all qualified applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.
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This role will support all aspects of planning, analysis, and reporting for Athlete Marketing. The person will work alongside the Athlete sub-verticals (Athlete Marketing, Aviation, Mass Action, and Squads) and support in resource allocation, evaluating direct and indirect spend, and driving reporting and forecasting. The position will be responsible for all areas of Athlete Compensation planning (Base Comp, Bonus/Bonus Hedging, Athlete Marketing expenses, etc). It will also support the Athlete Performance Center and be responsible for Consumer Marketing indirect budgets during planning, reporting, and close. This role will be responsible for approximately $33M in Direct marketing budget and will serve as a business partner (along with the Director of Marketing Finance) to the Sr Director of Athlete Marketing and their direct reports. All the responsibilities we'll trust you with: Responsibilities
PLANNING AND REPORTING Lead the process for FRE/SRE/BP for Athlete marketing. Coordinate the planning process across all Athlete verticals to ensure financial targets are achieved. Support the Business Plan/Revised Estimate process via timeline communication, template creation and obtaining required inputs from budget owners for loading into BI. Develop a methodology to drive resource allocation within your departments, critical for Events where targets are established centrally and allocated to regions. Challenge and influence budget owners during planning in alignment with business priorities and strategies. Prepare and distribute a detailed monthly report to assist department heads in managing direct and indirect spends, including commentary on brand results, project/internal orders, accounts, and cost centers. Perform controlling activities to prevent budget overspend by overseeing actual marketing and indirect expenses recorded in the month. Establish regular budget reviews to understand results, ensure adherence to controlling guidelines, and assess potential impacts to full-year estimates. Analyze data and trends to identify budget risks or opportunities and propose alternatives. PERIOD CLOSING
Drive the monthly and annual period closings for Athlete Marketing in alignment with month and year-end calendars. Coordinate the monthly accrual process following the cost-revenue matching principle (accrual accounting). Drive and manage ongoing improvements to the monthly close and accrual process. Ensure actuals post in accordance with controlling guidelines by identifying and correcting potential IO/GL combination errors. Ensure reconciliation of systems (SAP/BI/Hyperion). BUSINESS PARTNERSHIP
Work with Athlete vertical leads to understand departmental priorities and strategies. Establish trust with business partners through service mentality while challenging them with questions and insights. Partner with budget owners to improve resource allocations and ensure budget adherence. Provide leadership on important initiatives as the Finance lead on key projects. Turn fact-based insights into action, influencing partners to create actionable plans and timely decisions. Hold on-site and online trainings for marketing team members to understand financial processes and requirements. PROJECT SUPPORT
Support special projects to drive new insights and enhance Finance team development. Support structural changes (new profit centers, IO creation, hierarchies, etc.). Provide year-end Audit support. Assist with implementing and communicating Global financial initiatives to improve cost control. Your areas of knowledge and expertise that matter most for this role
Bachelor’s degree in Finance / Accounting / Business from an accredited college or university 2-5 years of experience in Finance; prior CPG experience a plus Excellent Microsoft Excel and PowerPoint skills, familiarity with SAP BI/Hyperion or similar tools Self-motivated and proactive; able to work under pressure in a fast-paced team environment Good communication and presentation skills with peers, stakeholders, and leadership This position is open to U.S. citizens, U.S. permanent residents, or individuals authorized to work in the United States on a valid visa. The base salary range for this position is $67,200 - $100,800 + cash incentives. Actual salary offers may vary based on work experience. The base pay range is subject to change and may be modified. Benefits and Equal Opportunity
Our current benefits include: Comprehensive Medical, Dental and Vision Plans, 401k Match, Family Leave, PTO & Paid Holiday Schedule, Pet, Legal, and Life Insurance, Tuition Reimbursement (benefits listed may vary depending on employment nature and/or location). Red Bull Media House North America, Inc. is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, age, or any other classification protected by Federal, state, or local law. Red Bull North America, Inc. is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, age, or any other classification protected by Federal, state, or local law. We will consider for employment all qualified applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.
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