Cengage Learning Financial Business Manager in Boston, Massachusetts
At Cengage, we see a world where every student is a confident learner. Where all learners are propelled by the power of education. A world where they get further with every question, sharper with every lesson and stronger with every challenge. A world of acceleration, advancement and ambition. We see a world where students have the audacity to know their potential and the tenacity to make it real, so that no matter where they go or what they strive for, they will be unstoppable.
Our Skills Business Group is focused on improving lives through educational solutions that help get jobs and advance careers and includes our Computing, Healthcare, Trades, Beauty & Wellness businesses as well as our ed2go business that partners with institutions to offer courses direct to learners.
Computing, our biggest discipline area across Cengage with $100m in annual sales, provides educational solutions that span higher education, K12, corporate, and direct to consumer and cover high demand skills areas such as digital literacy, productivity applications, IT, programming, and keyboarding. This business is an anchor for our academic portfolio and is one of our top focus areas to expand to alternative channels.
The Financial Business Manager reports to the Executive Director of Finance and will be responsible for a combination of operational and financial management including the financial planning and analysis (FP&A) deliverables to support the Computing Group.
Operational and Financial oversight of approximately $100M of Computing revenue.
Provide analysis and financial direction related to all investments decisions.
Oversight for operational set up of approved proposals in IPS (editorial project system) and all related data.
Manage all needed reporting for supporting business and editorial teams.
Preparation of materials for planning cycle meetings.
Coordination of accounting and systems support requirements with Cengage Corporate Shared Services (including monthly close and external audit).
Ad hoc reporting and analysis projects as assigned.
Financial Planning & Analysis (FP&A)
Preparation of materials for Division General Manager, Corporate FP&A, and Executive Committee presentations with oversight from Executive Director of Finance.
Assist in the development of the long and short range plans, and forecast latest estimates to ensure accurate and profitable business decisions. (3yr plan, Annual Plan and qtrly forecasts, NPV, list mgmt, list post mortems, etc).
Provide ad hoc analyses to support both current and potential future strategic scenarios and related financial impact to the business. (Metrics, GM Analysis, financial modeling, etc.).
With the Executive Director of Finance and Corporate Finance, develop policies and procedures which monitor and improve the business unit’s profitability, return on assets and efficiency of operations.
Provide advice and direction to the business units during the development of strategic plans and goal translation.
Serve, as needed, on task forces to ensure that the operational and financial needs and concerns of the business units are represented.
Measure and communicate the financial performance of the business units in comparison to funding, plan/forecast and previous years’ performance.
All other duties as assigned.
Bachelor’s Degree in Finance/Accounting. MBA preferred.
7-10 Years progressively responsible experience with both operational and FP&A responsibilities.
Proficient in Microsoft Office, Powerpoint, Excel, Outlook. Hyperion a plus.
High comfort level with projects dealing with metrics and other data driven analysis for management.
Industry experience in publishing, software, or related content business a plus.
Strong interpersonal skills including excellent written and verbal skills.
Experience in matrix organized work environment working with all levels of management.
Ability to train/mentor.
Some travel required.
Job Locations US-MA-Boston
Posted Date 2 months ago
Requisition ID 2017-3597
Job Function Accounting