WRAL-TV and Digital are seeking an experienced and team-oriented accounting professional responsible for leading the monthly closing process and managing the daily operational financial aspects of WRAL, WRAZ and Digital businesses.

This position requires a detail-oriented individual with strong analytical skills, leadership capabilities and a deep understanding of financial principles. Successful candidates will collaborate closely with accounting team and cross-functional teams to help assist the TV and Digital Controller with strategic financial insights and contribute to continuous process improvement initiatives.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

A. Lead Monthly Closing, for WRAL, WRAZ, Digital and WILM (roughly 35% of job)

• Responsible for leading and owning the monthly close process for WRAL, WRAZ, Digital and WILM TV including standard monthly journal entries and accruals as it relates to revenue and receivables.
• Review account detail and provide explanation of any material variances.

B. Supervise the daily work and closing tasks of the accounting team, consisting of a senior accountant and two staff accountants. (10%)

C. Assist with preparing meaningful monthly and quarterly analysis for senior management, supporting the Controller and General Managers and others in those business units (roughly 15% of job)

• Assist in preparing monthly and quarterly financial dashboard reports for Corporate F&A and Senior Management which may include key metrics, variance analysis and information relevant to the operation and financial performance of the business unit.
• Strive to become strategic partners to management, by collaborating with team members, anchored by accountability and trust.
• Seek proactive and purposeful communication with team members and management with a goal of understanding and adding value to the business and management by using transparent communication.
• Prepare monthly analysis of Sales bonuses and compensation, comparing to budget as well as prior years.

D. Serve as the primary station interface for Accounts Receivable Management -Aging Management, Credit and Collections (roughly 20% of job)

• Manage the daily operations and strategic objectives of the Company’s accounts receivable cycle through design, implementation, maintenance and management of all accounts receivable business functions and procedures for the Accounts receivable billing and collection process.
• Communicate effectively with sales staff and clients to assure that we maintain strong relationships but work to resolve any issues in a timely manner, while still complying with company policies and procedures.
• Identify opportunities to update and strengthen internal processes and controls regarding billing, credit, collections, and aging management.
• Review aging regularly assuring that customer account balances are accurately reflected, and credits applied in a timely manner.
• Prepare monthly DSO analysis and provide written analysis on any changes or trends.
• Prepare and review monthly A/R reconciliations prepared by other team members.

E. Special Projects and Higher-Level F&A Support for TV and Digital Divisions (10%)

• Assist the TV Controller in preparing the 5-year plans for the TV and Digital divisions.
• Identify process improvements and help manage process improvements initiated by Corporate F&A.

F. Team Lead for year-end Audit for WRAL Digital and TV Business Unit (5%)

• Lead and own year-end audit, including reviewing audit schedules and assuring prepared accurately and timely. Track auditor’s needs, assign to appropriate accounting personnel, and follow up to assure auditors questions are answered timely.

G. Payroll Processing (roughly 5% of job)

• Facilitate smooth operation of payroll and time/PTO reporting ensuring all employees are paid accurately and timely, including anticipating new practices, proactively reviewing each payroll run in advance, and actively serving as the primary station interface between station personnel and corporate payroll personnel.

Successful candidates will have experience:

• Experience in monthly closings, variance analysis and reporting to management.
• Managing relationship/partnership with sales and management.
• Leading/influencing across functional teams that are outside of finance/accounting.
• Contributing at a granular, “in-the-weeds” level as well as a “big-picture” high level.
• Being proactive and taking ownership of projects and initiatives with minimal oversight.
• Supervising employees.
• Establishing and reporting monthly sales benchmarks (ex. churn, DSO, ROI per Account Executive)

QUALIFICATIONS:

• BS or BA degree in accounting from a four-year college or university, CPA License preferred.
• Minimum total 6-10 years of experience in public accounting and accounting management role in industry including supervisory experience.
• Strong PC Skills, including intermediate Excel analytical and modeling capabilities.
• Experience as a user of Oracle Cloud Financials preferred Oracle Planning and Budgeting Cloud Service and Oracle Smart View a plus.

A pre-employment drug screening is required. EOE, M/F. All Capitol Broadcasting Company properties are tobacco free. Capitol Broadcasting Company participates in E-Verify.
Capitol Broadcasting Company, Inc. is a diversified communications company which owns and/or operates WRAL-TV, WRAZ-TV, WRAL-FM, WRAL-HD2, WNGT-CD, WCMC-FM, WCMC-HD1, WDNC-AM, WCMC-HD2, WCMC-HD3, WCLY-AM, WCMC-HD4, Microspace, WRAL Digital and Wolfpack Sports Properties (a joint venture with Learfield) in Raleigh, NC; WILM-TV, WILT-LD and Sunrise Broadcasting in Wilmington, NC; The Durham Bulls Baseball Club, Bull City Hospitality, and Coastal Plain League in Durham, NC; The Holly Springs Salamanders in Holly Springs, NC; the American Underground startup hub in Durham, NC; and real estate interests including the American Tobacco Historic District in Durham, NC, and Rocky Mount Mills in Rocky Mount, NC.