Netflix is one of the world's leading entertainment services, with over 300 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time.We are looking for a stunning finance leader to manage Finance Procurement Operations (FPO) for our MarComms Finance Business Partner team. The ideal candidate has experience leading and developing a large global team, a strong understanding of accounting treatment, experience supporting efficient S2P (Source to Pay) workflows, can drive innovative process improvements to scale, has the courage to question the status quo, ability to influence FPO strategies, and is highly skilled at developing strong cross-functional relationships with business partners across various functions (FP&A, Accounting, Business Stakeholders and IT). This position will be a hybrid in-office position (Tuesday-Thursday) based in Los Angeles.Visit our culture memo and long-term view to learn more about the unique Netflix culture and the opportunity to be part of our team.This role leads a team of Finance Procurement Operations Business Partners who work closely with the following cross-functional teams:Business stakeholders – FPO is an embedded resource that understands the nature of the business they are supporting and provides the following procurement support: reviewing and re-negotiating contracts, supplier management, creating purchase orders, reviewing invoices, expense reporting, and being an active contributor to various teamsAccounts Payable – FPO BPs create POs and provide non-PO invoice coding to enable timely and accurate invoice processing.FP&A – FPO plays a role in ensuring accurate coding to provide meaningful reporting, track actuals effectively to budget including monitoring and explaining material variances and identify opportunities to use data to drive informed business decisions. Accounting – FPO facilitates a timely and accurate month-end close by owning the PO accrual process and explaining variance drivers.Systems – FPO participates in designing, simplifying and automating finance and payment workflows as well as partnering on system enhancements to automate workflows to scale. Responsibilities Include:Managing a global team, including hiring, promoting, performance management, project delegation, coaching and developmentPartnering closely with FinTech and FP&A teams to manage S2P and Billing, to ensure accurate and meaningful reporting, ongoing training, maintenance and system enhancementsReviewing and providing spend analysis to executives, including historical, left-to-spend, actuals, vendor trends, etc.Establishing ledger coding structure and hierarchies to ensure the most meaningful tagging of spend for management reporting and decision-making Overseeing the month-end close process, ensuring accuracy and completeness of expense accrual and reconciliation of accounting and planning systems; includes budget-to-actuals variance analysesDevelop team goals and objectives, including measuring key results and building accountability Review workflows to scale for growth, including process review, enhancement and/or automation in procure to pay, systems and controlsPartner with multiple stakeholders, including Business Stakeholders, Accounts Payable, Legal, Tax and Corporate Accounting teams, to ensure accurate coding and classification of expense for external reporting, meaningful internal reporting, timely payments to vendors and consistency in workflows across regionsQualifications:At least 12+ years of relevant experience in Procurement, Accounting, or Finance3+ years of experience managing teams, including direct leadership of managersProven experience building processes and scaling workflowsInclusive leader capable of flexing to different styles and providing tailored managerial supportOutstanding strategic skills and critical thinker with the ability to influence and demonstrate troubleshooting and problem-solving skillsExcellent project management and comfortable in a fast-paced, rapidly expanding environment with minimal direction, with the ability to adjust resources based upon changing prioritiesExceptional communication skills with the ability to build strong cross-functional relationshipsCourage to give direct and timely feedbackSelflessness - Ability to create impact through team success vs. personal successOur compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is $220,000 - $610,000Netflix provides comprehensive benefits, including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs. Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off. See more detail about our Benefits here.Inclusion is a Netflix value and we strive to host a meaningful interview experience for all candidates. If you want an accommodation/adjustment for a disability or any other reason during the hiring process, please send a request to your recruiting partner.We are an equal-opportunity employer and celebrate diversity, recognizing that diversity builds stronger teams. We approach diversity and inclusion seriously and thoughtfully. We do not discriminate on the basis of race, religion, color, ancestry, national origin, caste, sex, sexual orientation, gender, gender identity or expression, age, disability, medical condition, pregnancy, genetic makeup, marital status, or military service.
Locations
Los Angeles, California, United States of America
Salary
220,000 - 610,000 USD / yearly
Estimated Salary Rangehigh confidence
250,000 - 350,000 USD / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
experience leading and developing a large global teamintermediate
strong understanding of accounting treatmentintermediate
experience supporting efficient S2P (Source to Pay) workflowsintermediate
drive innovative process improvements to scaleintermediate
courage to question the status quointermediate
ability to influence FPO strategiesintermediate
highly skilled at developing strong cross-functional relationshipsintermediate
reviewing and re-negotiating contractsintermediate
supplier managementintermediate
creating purchase ordersintermediate
reviewing invoicesintermediate
expense reportingintermediate
non-PO invoice codingintermediate
accurate coding to provide meaningful reportingintermediate
track actuals effectively to budgetintermediate
monitoring and explaining material variancesintermediate
identify opportunities to use data to drive informed business decisionsintermediate
owning the PO accrual processintermediate
explaining variance driversintermediate
designing, simplifying and automating finance and payment workflowsintermediate
partnering on system enhancements to automate workflows to scaleintermediate
spend analysisintermediate
ledger coding structure and hierarchiesintermediate
tagging of spend for management reporting and decision-makingintermediate
month-end close processintermediate
expense accrualintermediate
reconciliation of accounting and planning systemsintermediate
budget-to-actuals variance analysesintermediate
measuring key resultsintermediate
building accountabilityintermediate
process review, enhancement and/or automation in procure to payintermediate
systems and controlsintermediate
accurate coding and classification of expenseintermediate
12+ years of relevant experience in Procurement, Accounting, or Financeintermediate
3+ years of experience managing teams, including direct leadership of managersintermediate
Proven experience building processes and scaling workflowsintermediate
strategic skillsintermediate
critical thinkerintermediate
ability to influenceintermediate
troubleshooting and problem-solving skillsintermediate
At least 12+ years of relevant experience in Procurement, Accounting, or Finance (experience, 12 years)
3+ years of experience managing teams, including direct leadership of managers (experience, 3 years)
Proven experience building processes and scaling workflows (experience)
Inclusive leader capable of flexing to different styles and providing tailored managerial support (experience)
Outstanding strategic skills and critical thinker with the ability to influence and demonstrate troubleshooting and problem-solving skills (experience)
Excellent project management and comfortable in a fast-paced, rapidly expanding environment with minimal direction, with the ability to adjust resources based upon changing priorities (experience)
Exceptional communication skills with the ability to build strong cross-functional relationships (experience)
Courage to give direct and timely feedback (experience)
Selflessness - Ability to create impact through team success vs. personal success (experience)
Responsibilities
Managing a global team, including hiring, promoting, performance management, project delegation, coaching and development
Partnering closely with FinTech and FP&A teams to manage S2P and Billing, to ensure accurate and meaningful reporting, ongoing training, maintenance and system enhancements
Reviewing and providing spend analysis to executives, including historical, left-to-spend, actuals, vendor trends, etc.
Establishing ledger coding structure and hierarchies to ensure the most meaningful tagging of spend for management reporting and decision-making
Overseeing the month-end close process, ensuring accuracy and completeness of expense accrual and reconciliation of accounting and planning systems; includes budget-to-actuals variance analyses
Develop team goals and objectives, including measuring key results and building accountability
Review workflows to scale for growth, including process review, enhancement and/or automation in procure to pay, systems and controls
Partner with multiple stakeholders, including Business Stakeholders, Accounts Payable, Legal, Tax and Corporate Accounting teams, to ensure accurate coding and classification of expense for external reporting, meaningful internal reporting, timely payments to vendors and consistency in workflows across regions
Benefits
general: Health Plans
general: Mental Health support
general: a 401(k) Retirement Plan with employer match
general: Stock Option Program
general: Disability Programs
general: Health Savings and Flexible Spending Accounts
general: Family-forming benefits
general: Life and Serious Injury Benefits
general: paid leave of absence programs
general: Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off
general: Full-time salaried employees are immediately entitled to flexible time off
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