Business Manager

Posted Yesterday
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San Francisco, CA, USA
In-Office
125K-165K Annually
Senior level
Digital Media • News + Entertainment
The Role
Manage payroll and compensation for multiple Hearst California real estate entities; administer benefits and COBRA; support hiring, employee relations, and personnel files; perform monthly G/L closing, account reconciliations (Oracle ARCS), budgeting, variance reporting, and year-end tax reporting.
Summary Generated by Built In

The Western Properties (WP) Business Manager, working under the direction of the Resident Controller, is responsible for the payroll maintenance requirements for Hearst Corporation’s extensive California real estate and land holdings, including Sunical Land & Livestock, West Coast Realties, 5M Project, 45 Third Street, Wyntoon Estate, Wyntoon Timberlands, Hearst Forests, San Simeon Ranch, Western Lands, and Sansome Clay, Inc.  In addition, this position performs monthly accounting duties for 5M Project (5M), 45 Third Street, West Coast Realties (WCR) and Wyntoon Estate, as well as other WP business entities that may from time to time be assigned. This position is hybrid in as much as the Manager will have dual functions.

Specifically for PR primary duties are: 

  • Compensation/Payroll:
    • Provides competitive salary analysis for management employees upon request by VP & GM.
    • Employee maintenance, setting up new employees/terminate employees as needed.
    • Processes salary increases.
    • Prepares annual staff and management (MBO) bonuses for review and approval. 
    • Allocate Wyntoon Estate tips to each employee during guest season and enter into PR/ADP for tax withholding purposes.
    • Bi-weekly payroll processing, entering hours worked & record employees PTO.  Send in “SSL” forms for additional payments.
    • Prepares annual payroll budget for Resident Controller.
    • Maintain/verify PTO balances
    • Year-End & Other Miscellanerous P/R Reporting, including:
      • 1095 Info
      • Total Healthcare costs for W-2s
      • Vehicle Fringe Info
      • PCori Info Reporting
  • Talent Acquisition/Data Management/Employee Relations:
    • Works closely with WP’s Vice President & General Manager on the hiring and retention of management employees.
    • Sends out offer letters for both management and staff positions.
    • Maintains WP Employee Handbook and updates employment policies as needed.
    • Has working knowledge of federal, state, and local laws governing employment practices, conflict resolution, and harassment.
    • Maintains Personnel Files.
    • Works with management team and Human Resources to address employee problem resolution.
  • Employee Benefits:
    • Health Insurance Maintenance, setting up new employees/terminate employees and their dependents.
    • Track monthly health claims from Cigna segregated by employee name/department.
    • Allocate monthly Cigna & VSP premiums and claims to each business unit with notification to other Accounting Managers for recording.
    • Prepare annual analysis of monthly claims by business unit for Resident Controller’s use in budget process.
    • Provide COBRA information to terminated employees.
    • Process benefit invoices for union employees.
    • Advise employees on how and where to find answers to benefits questions. 
  • G/L – Accounting:
    • Monthly Closing of WCR, 5M Project, 45 Third St and Wyntoon Estate with corporate reporting
    • Monthly Account Reconciliations through Oracle ARCS for WCR, 5M, 45 Third St. and other WP business entities as assigned.
    • Other miscellaneous monthly accounting – Cap Ex, A/R Aging etc.
    • Quarterly – Corporate Variance Reports.
    • Preparation of annual operating budget worksheets.
    • Annual – Year End forms, Tax Schedules.

In accordance with applicable law, Hearst is required to include a reasonable estimate of the compensation for this role if hired in California.  The reasonable estimate, if hired in Californiaa, is $125,000 - $165,000.  Please note this information is specific to those hired in California.  If this role is open to candidates outside of California, the salary range would be aligned to that specific location.  A final decision on the successful candidate’s starting salary will be based on a number of permissible, non-discriminatory factors, including but not limited to skills and experience, training, certifications, and education.  Hearst provides a competitive benefits package, including medical, dental, vision, disability and life insurance, 401(k), paid holidays and paid time off, employee assistance programs, and more.

About Us
Hearst is a leading global, diversified information, services, and media company dedicated to innovating, informing audiences and leading with purpose, integrity and a culture of care.

Our portfolio includes more than 360 businesses worldwide. On the consumer side, we operate 35 television stations, 28 daily newspapers and publish more than 200 magazine editions featuring many of the most iconic brands in media. We also hold ownership stakes in leading cable networks such as A&E, HISTORY, Lifetime and ESPN. On the business-to-business side, our companies include Fitch Group, a global leader in financial information and analytics; Hearst Health, which provides intelligence and software that improve care outcomes; and Hearst Transportation, which delivers data and software for aviation, automotive and trucking.

Our strength lies in our people. We value the diverse perspectives that move us forward. We are an Equal Opportunity Employer and makes employment decisions without regard to race, color, religion, national origin, sex or gender, sexual orientation, gender identity, gender expression, age, disability, military or veteran status or any other status protected by federal, state, or local law. We also provide reasonable accommodations to applicants and employees consistent with applicable law.

Skills Required

  • Bi-weekly payroll processing and payroll maintenance using ADP (employee setup/termination, salary increases, PTO tracking)
  • Prepare payroll-related tax and year-end reporting (e.g., 1095 info, W-2 healthcare totals, PCORI, vehicle fringe reporting)
  • Benefits administration (health insurance enrollment/termination, Cigna claims tracking, VSP, COBRA)
  • Monthly G/L close and account reconciliations for assigned entities using Oracle ARCS
  • Prepare annual payroll budget, operating budget worksheets, and quarterly corporate variance reports
  • Talent acquisition and employee relations tasks (offer letters, maintain employee handbook and personnel files, conflict resolution support)
  • Allocate premiums/claims and internal cost allocations across business units
  • Working knowledge of federal, state, and local employment laws and harassment/conflict resolution practices

Hearst Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Hearst and has not been reviewed or approved by Hearst.

  • Healthcare Strength Healthcare coverage is described as comprehensive, including medical plan choice, full in-network preventive coverage, dental and vision, telemedicine, prescription coverage, and fertility resources. Mental-health resources and other wellbeing services (e.g., therapy sessions, crisis support, virtual physical therapy, and chronic-condition programs) further strengthen the health offering.
  • Retirement Support Retirement support is positioned as meaningful through a 401(k) plan with company matching and Hearst covering plan administration fees. Performance bonuses are also noted as available in some roles, adding an additional rewards component beyond base pay.
  • Leave & Time Off Breadth Time-off benefits include paid holidays, paid sick days, and vacation time with a commonly cited annual range, alongside paid parental leave and family medical leave. A remote work program and flexibility signals are also included as part of the overall rewards experience.

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The Company
HQ: New York, NY
3,010 Employees
Year Founded: 1887

What We Do

Hearst is a leading global, diversified media, information and services company with more than 360 businesses. Its major interests include ownership in cable television networks such as A&E, HISTORY, Lifetime and ESPN; global financial services leader Fitch Group; Hearst Health, a group of medical information and services businesses; transportation assets including CAMP Systems International, a major provider of software-as-a-service solutions for managing maintenance of jets and helicopters; 33 television stations such as WCVB-TV in Boston and KCRA-TV in Sacramento, California, which reach a combined 19 percent of U.S. viewers; newspapers such as the Houston Chronicle, San Francisco Chronicle and Times Union (Albany, New York); more than 300 magazines around the world, including Cosmopolitan, ELLE, Men's Health and Car and Driver, and digital services businesses such as iCrossing and KUBRA; and investments in emerging digital entertainment companies such as Complex Networks.

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