Regional Business Manager

Posted 2 Days Ago
Be an Early Applicant
4 Locations
In-Office
80K-95K Annually
Senior level
Digital Media • News + Entertainment
The Role
The Regional Business Manager oversees financial responsibilities across multiple stations, manages budgets, analyzes financial data, and communicates with organizational groups.
Summary Generated by Built In

Nexstar Media Group is America’s largest local television and media company with 197 full power stations (including partner stations) in 115 markets addressing nearly 63% of US television households and a growing digital media operation. Nexstar’s platform delivers exceptional local content and network programming to inform and entertain viewers, while providing premium, scalable local advertising opportunities for advertisers and brands across all screens and devices. Learn more at www.Nexstar.tv.

The Regional Business Manager oversees and manages financial and accounting responsibilities for multiple television stations/markets within a specified region. This position is available to work at any Nexstar location.

  • Provide business planning and analysis to various groups within the organization (Finance, Accounting, GM and RVP)
  • Key player in the preparation of annual TV Market budgets in conjunction with Market GM
  • Prepare monthly financial analysis
  • Work closely with General Managers and Department Heads to capture and translate business activity for monthly and quarterly reporting periods
  • Counsel with assigned stations on a regular and routine basis
  • Review and approve TV market invoices
  • Communicate and translate key business information between TV Market and the Corporate office
  • Analyze and explain monthly budget variances
  • Oversee the monthly commission approval process
  • Oversee the monthly AR collection monitoring at the assigned markets
  • Preparation of quarterly SOX compliance package
  • Preparation of accounting journal entries related to Prepaid and Accrued expense accounts.
  • Review of certain balance sheet reconciliations
  • Monthly close responsibilities
  • Maintain Trade Agreements and operating contracts executed during the quarter
  • Enforce internal control and other corporate accounting policies and procedures
  • Undertake special projects as directed by Director of RBMs, RVP, or Corporate VP

Requirements & Skills:

  • Bachelor’s degree in Finance or Accounting with a minimum of six (6) years of relevant experience.  CPA and/or MBA preferred
  • Strong analytical, problem solving, and communication skills
  • Must be well organized, confident, flexible, multi-tasker, and be able to work independently.
  • Must be a strong team player and exhibit great collaboration skills
  • Interpersonal Savvy- relates well with all people
  • Builds rapport and effective relations and uses diplomacy and tact
  • Problem solving & decision making- uses logic and methods to solve difficult problems, finds sources for input, makes good decisions based upon a mixture of analysis, wisdom, experience, and judgment

Education/ExperienceBachelor’s degree in Finance or Accounting with a minimum of six (6) years of relevant experience.  CPA and/or MBA a plus.

Training/Equipment:  Must have an understanding and familiarity with financial reporting, analysis, accounting, sales, traffic and payroll systems.  Strong MS Office skills are required. 

Work Environment/Physical RequirementsHigh stress office environment with deadline pressures.  Position will require day-to-day multi-tasking, as well as managing multiple projects.

This position is available to work at any Nexstar location.

Salary range is $80, 000-$95,000.

Top Skills

MS Office
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The Company
HQ: Irving, TX
5,001 Employees
Year Founded: 1996

What We Do

Nexstar Media Group is the largest TV station operator in the country. With the reach of 171 full power television stations in 100 markets addressing nearly 38.9% of US television households, and a diversified, growing digital media operation, Nexstar Media Group offers superior audience engagement across all media devices and local broadcast television’s unrivalled influence on consumers’ purchasing and political decisions.
In 20 years, Nexstar has grown from a single station to the nation’s largest television company. This growth is fueled by an organization-wide commitment to delivering exceptional service to our communities and outstanding results for our advertisers.
From the very beginning, Nexstar has cultivated an organization-wide commitment to providing superior, unique local content that is relevant to each of the communities it serves, while offering local businesses, advertisers and brands the ability to engage and connect with local communities.

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