Vice President - Financial Operations & Compliance

This position oversees the company’s compliance with Sarbanes-Oxley (SOX), as well as other Company-wide internal control and financial compliance activities, particularly as they relate to the Company’s financial reporting process.  It is also responsible for maintaining proper administration of the consolidated financial reporting system (currently Hyperion Financial Management, or HFM), periodic reporting to the audit committee on SOX compliance and services provided by our external auditors, and updating and maintaining the Company’s accounting operating policies and procedures. The position may also participate or lead other ad hoc projects within the Corporate Controller’s group. 

DUTIES AND RESPONSIBILITIES:

· Annual implementation of the Company’s approach to SOX in accordance with Audit Standard No. 5, An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements (AS 5), and leadership and/or participation in other financial compliance efforts.  As the primary corporate liaison for Company-wide SOX compliance, this role is responsible for overseeing the SOX design and testing plans for the entire company, as well as holding direct responsibility for the Viacom Corporate SOX plan, and maintaining the consolidated software tool for reporting and consolidation of SOX testing results (currently Movaris, expected to go live in June ‘08). This will also involve presenting consolidated results to the audit committee and senior financial management, and being able to discuss the strategy of the results as well as the results themselves, for each division of the company.

· Maintaining the Company’s internal website for the finance community (the Viacom Controller’s Portal), including oversight of each division’s operating policies and procedures and direct responsibility for creation and maintenance of Viacom Corporate operating policies, enabling the world finance community throughout the organization to access them online to ensure that best practices are maintained at all times as well as ensure standardization throughout the company, where applicable.

· Work with the legal and tax departments to document the Company’s legal and tax entity structure using an online database tool called Blueprint.

· Responsible for the overall financial administration of the HFM application.  This relates to all reporting, metadata changes and other ancillary activities related to this software application for the Company’s internal and external reporting functions.

· Working with the MTVN purchasing department to ensure that Viacom policies, procedures and standards are maintained.

·  Responsible for coordinating the Company’s statutory audits with close to 100 foreign subsidiaries throughout the company. 

 

NECESSARY SKILLS Strong, proficient technical skills with respect to internal controls, generally accepted accounting principles and SEC Reporting requirementsExcellent communication skills, both oral and writtenTechnologically proficient with Microsoft Office Suite (e.g., Excel, Word).  HFM Software experience preferable Positive, professional and proactive approach to problem solving, including ability to work both independently and cooperatively with other divisions and Corporate departments, achieve results, supervise projects, lead a team and present comprehensive solutions

 

JOB EXPERIENCEMinimum of ten years of accounting and/or auditing experienceBig “4� Audit experience preferableSEC reporting experience preferable

 

EDUCATIONBachelor’s degree in Accounting preferredCPA designationMBA preferable