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Business Partner, Finance Procurement Operations

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Netflix

1mo ago

  • Job
    Full-time
    Senior (5-8 years)
  • London

AI generated summary

  • You need strong finance and procurement expertise, excellent analytical skills, and the ability to collaborate effectively in a fast-paced environment. Experience in operations is a plus.
  • You will manage finance procurement operations, collaborate with teams, analyze data, optimize processes, and drive strategic initiatives to enhance procurement efficiency and effectiveness.

Requirements

  • You exemplify our Netflix Culture
  • Minimum 6 years experience in the Ads industry or other similar fast-paced industries
  • Deep knowledge and understanding of the Procure-to-Pay process workflow, including supplier sourcing, contract reviews, and procure-to-pay process
  • 5+ years of relevant Finance and/or Accounting experience with a working knowledge of US GAAP / IFRS accounting frameworks
  • Experience in working with key stakeholders across the globe
  • Ability to maintain a high level of accuracy in preparing and entering financial information
  • You are a service-oriented person who focuses on quality communication and attention to detail
  • Excellent written and verbal communication skills

Responsibilities

  • Responsibilities
  • Be an embedded business partner for our growing Ads team across Europe
  • Ensure the operational excellence of the Finance Procurement Operations team and systems supporting the goals of Ads Program scale and independence
  • Design and enhance finance workflows and tools to support the ads business
  • Be an embedded business partner for our Studios teams based in both London and Madrid to support their day to day spend ensuring financial accuracy
  • Partner closely with the business and legal to support supplier sourcing decisions and contract reviews and renewals to build a resilient and diverse supply chain that keeps pace with the evolving needs of our business
  • Own finance-related tasks (supplier sourcing, reviewing contracts, creating and reviewing purchase orders, facilitating change orders, reviewing invoices, vendor management, management reporting, etc.) that drive financial accuracy
  • Own the month-end accrual process and partner with the operations accounting team to address any significant period over period variances in spend
  • Ensure accurate coding of expenses to provide meaningful reporting, help track actuals to budget/forecast and communicate any expected variances
  • Review trends in invoicing volume and partner with the accounts payable team to the volume of non-PO and manual invoices, non-OCR invoices, etc.
  • Identify process gaps and drive projects to simplify and automate finance and payment workflows
  • Perform other duties and ad hoc tasks contributing to the organization’s goals

FAQs

What is the primary focus of the Business Partner, Finance Procurement Operations role at Netflix?

The primary focus of this role is to support the growing Ads business and the day-to-day studio spend in the UK, ensuring operational excellence in finance procurement operations and enhancing finance workflows and tools to facilitate the needs of the Ads and Studios teams.

What specific responsibilities will the successful candidate have in this position?

Responsibilities include being an embedded business partner to the Ads and Studios teams, managing supplier sourcing and contract reviews, driving financial accuracy in daily spending, overseeing month-end accrual processes, monitoring invoicing trends, and identifying process gaps for improvements.

What qualifications and experience are required for this role?

A minimum of 6 years of experience in the Ads industry or similar fast-paced industries is required, along with at least 5 years of relevant finance and/or accounting experience. Deep knowledge of the Procure-to-Pay process, a working knowledge of US GAAP/IFRS, and excellent communication skills are also essential.

What type of work environment does this position offer?

This position will be a hybrid in-office role, requiring attendance in the London office Tuesday through Thursday.

Is there a preferred educational qualification for candidates applying for this role?

While not mandatory, having an ACA or ACCA qualification is viewed as an extra dose of awesomeness for this position.

How does Netflix approach diversity and inclusion in the hiring process?

Netflix is an equal opportunity employer that celebrates diversity and recognizes that diverse backgrounds and thoughts build stronger teams. They do not discriminate based on race, ethnicity, religion, gender identity, sexual orientation, age, marital status, military service status, or disability status.

What tools and systems should candidates be familiar with for this role?

Candidates should have experience with ERP and procurement systems, specifically Workday Financials and Tableau, to handle finance-related tasks effectively.

How important is cross-functional collaboration in this role?

Cross-functional collaboration is highly important in this role, as the candidate will be working closely with various business partners across functions such as Ads, FP&A, Accounting, Tax, and Studio teams to achieve shared goals.

What type of person is the ideal candidate for this position?

The ideal candidate is a service-oriented individual who exemplifies Netflix's culture, thrives in a fast-paced environment, demonstrates attention to detail, possesses strong communication skills, and displays a willingness to challenge the status quo.

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Entertainment & Media
Industry
10,001+
Employees
1997
Founded Year

Mission & Purpose

Netflix is a leading global streaming service that offers a vast library of movies, TV shows, and original content to subscribers. Their primary goal is to provide entertainment and storytelling that captivates and resonates with audiences worldwide, transcending borders and demographics. Netflix's fundamental objective is to be the premier destination for viewers seeking diverse and high-quality content, fostering a culture of binge-worthy narratives and pushing the boundaries of digital entertainment.