Red Bull Media House is an award-winning, globally distributed multi-platform media company on a mission to inspire with ‘beyond the ordinary’ stories - both direct-to-consumer and through partnerships. With a focus on sports, culture and lifestyle content, Red Bull Media House offers a wide range of premium media products across TV, mobile, digital, audio, and print.
In this role at Red Bull Media House, you’ll lead the Finance function for the Red Bull Media House Publishing division, being responsible for the full profit and loss account of the print portfolio and the respective financial planning, controlling and reporting.
You’ll have an important role in business model evaluations and in ensuring good cost control and an efficient cost management in production and editorial departments. In this function, you’ll work in a strong business partner relationship with the top management team of this division.
All the responsibilities we'll trust you with:
You’ll ensure a timely distribution of financial information to every budget holder by sending out reports and presenting the information in regular meetings. Further you’ll establish a true bottom up planning process and develop a local planning calendar. You’ll assure a high forecasting accuracy of business plans, revised estimates and long-term forecasts by creating an environment in which realistic plans are being developed. Along all of these you assure compliance with the group controlling guidelines and support of budget holders.
In this role, you’ll guarantee compliance with local legislation and internal group guidelines, make sure that accounting is correct, transparent and complete and ensure a timely submission of accurate financial information to all stakeholders. In addition, you pro-actively manage relationship with Auditors and work in close co-operation with HQ tax specialists and external consultants on relevant tax matter.
You’ll act as a sparring partner for the budget owners and the general management by ensuring budget adherence, highlighting risks and opportunities, developing business cases for new projects, being driven by a strong service mentality. You’ll promote efficiency, productivity and profitability in all areas of the division by ensuring efficient use and protection of company assets. Beside that, you’ll translate findings into action and follow up on agreed measures as well as increase cost consciousness by creating transparency, challenging spending behaviour and conducting bidding processes/tenders.
You’ll establish and maintain an effective credit risk management, make sure that payment terms are in line with industry standards, assess customer creditworthiness on a regular basis, set credit limits and security requirements for all customers, implement an effective collection and dunning process in cooperation with the sales department and strictly avoid bad debts. You’ll carry out a return on investment calculation for all proposed investments as per the investment guideline and make sure that a positive return will be achieved.
You’ll establish and continuously re-assess an effective internal control system and thus minimises the risk of errors, misconduct or fraud by designing company processes to satisfy the 4-eyes principle, ensuring sufficient segregation of duties and creating awareness about the possibility of fraud.
You’ll manage and develop a small team of highly engaged and motivated people by setting and agreeing on annual objectives, conducting bi-annual performance reviews and foster further development through e.g. internal trainings. You’ll assures a complete and thorough documentation of all key processes in writing and the use of checklists.
that matter most for this role:
Due to legal reasons we are obliged to disclose the minimum salary according to the collective agreement for this position, which is € 3.374,- gross per month. However, our attractive compensation package is based on market-oriented salaries and is therefore significantly above the stated minimum salary.