Manager of Business Development and Financial Planning
New York, NY
Business Affairs / Business Development – Business Development /
Full-time /
Hybrid
Vevo is the world's leading music video network, connecting an ever-growing global audience to high quality music video content for more than a decade. Founded by Universal Music Group and Sony Music Entertainment in 2009, Vevo offers fans worldwide a vast array of premium content to choose from, showcasing official music videos alongside a constantly developing lineup of live performances and innovative original programming. From top superstars to rising new talents, Vevo brings incomparable cross-promotional support to artists across the musical spectrum, at every stage of their careers.
Vevo has consistently evolved over the past decade to lead within today's ever-changing media landscape, embracing partnerships with a number of leading distribution platforms to deliver extraordinary content within ad-supported environments. With more than 25B views across television, desktop and mobile devices each month, Vevo brings music videos to the world – when, where, and how fans want them.
Vevo is seeking a highly motivated Manager of Business Development and Financial
Planning to drive strategic growth and ensure sound financial management. The ideal
candidate will possess an understanding of both business development principles and
financial analysis, with the ability to translate market insights into actionable strategies
and financial projections. This role reports to both the Senior Manager, Business
Development and Chief Financial Officer. As a member of the team at Vevo, you’ll be
working alongside incredibly talented individuals that will challenge you to think about
issues such as navigating the ever-changing TV landscape, how best to monetize
content, and how to align interests to create successful long-term partnerships. We
have a phenomenal team made up of fun and accomplished individuals with diverse
backgrounds, and we’re excited about having you join us!
As a member of our team, you will:
- Business Development (50%):
- Evaluate new partnership opportunities and manage the vetting of inbound business proposals and inquiries
- Work with the Sr. Manager to define and refine partnership structures related to distribution, content acquisition, technology and sales & marketing
- Provide negotiation support and help build long-term relationships with partners
- Prepare analyses in support of negotiations and develop recommendations to present to key stakeholders
- Prepare aspects of commercial and financial diligence for strategic partnerships, including deal evaluation, execution, and post-close performance optimization
- Foster business relationships with content owners, distribution partners, tech service and other service providers to support the growth of Vevo business
- Prepare ongoing analysis of the competitive landscape and key industry trends and share key findings from the marketplace with Senior Leadership
- Financial Planning (50%):
- Oversee the development of annual budgets, financial forecasts, and long-term financial plans in alignment with the company’s goals
- Monitor key financial and operational metrics to evaluate business performance and make recommendations.
- Prepare regular financial reports and presentations for senior management and stakeholders.
- Conduct financial analysis to evaluate the profitability and feasibility of new business opportunities and strategic initiatives.
- Assist label and distribution partners with financial forecasting and understanding company performance and industry trends.
This describes you:
- You are an excel wiz with a deep understanding of financial modeling, accounting and reporting standards
- You have a good understanding of the latest emerging trends in streaming media
- You have strong presentation skills helping translate the analysis to insights and “take aways” that drive decision making
- You are a pragmatic thinker
- You present your thoughts clearly and persuasively, in both the written and spoken word
- You are thoughtful and analytical, but do not suffer from analysis paralysis
- You work well in a collaborative environment
- You can translate high-level strategy to its day-to-day implementation
- You take initiative and are a problem solver
- You have a passion for music, entertainment, TV and digital media
Requirements:
- 4+ years’ experience within media/tech industry in finance, corporate strategy, consulting or investment banking
- Bachelor’s degree in Business, Economics, Finance, Mathematics, or a similar discipline; MBA or advanced degree preferred
- Proficiency in financial modeling, valuation techniques, and business case development.
- Strong written and verbal communication skills, with the ability to distill complex analyses into clear, executive-ready recommendations and presentations.
- Proactive and detail-oriented thinker with the ability to thrive in an often ambiguous, fast-paced environment
- Strong analytical and financial skills; highly proficient in Microsoft Office, particularly Excel and PowerPoint
- Ability to work independently and as part of a team in a dynamic, creative environment
- Ability to multi-task and manage competing priorities under time constraints
Interested? Great! You might like to know:
- We're a fun, energetic, and tight knit team
- We really enjoy music and technology
- We have excellent compensation and benefits packages
- We have premier access to music content and new releases of original media content
- We love to give away concert tickets to live music - not to mention live Vevo-produced musical performances
- We offer a 401k match
$125,000 - $135,000 a year
The pay range for this position is: $125k - $135k per year. Please note that the
foregoing compensation information is a good-faith assessment associated with this
position only and is provided pursuant to the New York City Salary Transparency Law.
This is a full-time position based on-site/in our New York office. Vevo currently operates
in a hybrid work model and requires all employees, who have not been designated as
remote to be in the office/studio a minimum of 3 days a week.
Vevo considers applicants for all positions without regard to race, color, creed, religion,
national origin or ancestry, sex, age, disability, genetic information, veteran status, or
any other legally protected status under local, state, or federal law.
