Description :
The McGraw-Hill Companies is driving the education, financial services, and business information markets through leading brands such as McGraw-Hill Education, Standard & Poor's and BusinessWeek.
McGraw-Hill Professional, a division of McGraw-Hill Education, is recognized for publishing the most respected and well-known works in a wide range of professional fields, namely Medical, Business, and Technical. McGraw-Hill Professional is a leader in providing on-the-job content and solutions to professionals throughout the world. In addition, McGraw-Hill Professional has been a leader in creating online and digital solutions to professionals and students in medicine through AccessMedicine, or to engineers through its Digital Engineering Library. In addition to the Business, Medical, and Technical markets, McGraw-Hill Professional is a publishing and content leader in Education and Test Prep and in Consumer categories such as health and self-help.
McGraw-Hill Professional has an exciting opportunity for aSr Financial Analyst , based in our New York City office.
TheSr. Financial Analyst functions as a business partner providing financial and business decision support to several core business teams, in addition to leading the sales forecasting effort for the division.
Key Accountabilities:
Financial Business Support - Working as a business partner, provides financial business support for assigned segments of the portfolio. Reviews and approves product proposals, and provides guidance to improve revenue growth, profitability, and ability to reach profit margin hurdles and budgets. Monitors, reviews and controls assets, liabilities, revenues and expenses for assigned businesses. Prepares post project and other reviews of new products, plant investments, promotional programs, author advances, and other investments.
Revenue Forecasts & Models - Responsible for developing overall revenue forecasts. Leads weekly 24 (or as needed) forecast review meetings with Vice Presidents and other senior leaders from Finance, Sales and Publishing. Develops models to improve accuracy of forecasts. Tracks and analyzes front list lay-down, prior frontlist, backlist and return trends and provides analysis versus budget and historical results.
Financial Planning - Assists in the development of medium range plans (MRP), periodic budget updates (DOE), and strategic plans. Provides the leadership for the development of the revenue budget.
Monthly and Quarterly Close Process - Participates in closing meetings, reviewing financial results of assigned businesses to ensure accuracy of financial statements. Reviews revenue, mix, gross margin and expenses. Provides commentary for monthly, quarterly and YTD results versus budget and historical results for overall revenue, and for the financial results of assigned businesses.
Special Projects - Completes as assigned to meet business needs. This can include acquisition analysis, pricing analysis, portfolio and market analysis, and requests from Segment and Corporate.
Bachelor's Degree in Accounting, Finance, or related field and MBA or CPA.
4 to 10 years of experience
Good working knowledge of accounting principles with some actual work experience in accounting
Strong analytical skills and judgment
High energy level
Ability to make recommendations and influence business decisions
Excellent oral and written communication skills
Team oriented, able to work well across the organization as a business partner
Good system skills. Ability to design business processes and system requirements
Strong understanding of accounting
Publishing industry experience preferred
Experience with royalties and advances a plus
The McGraw-Hill Companies is an equal opportunity employer.
