CHIEF FINANCIAL OFFICER THE HILL New York City
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CHIEF FINANCIAL OFFICER
New York City
Through print, online and events, The Hill’s powerhouse of vehicles signal the important issues of the moment, and together have earned the reputation of being a complete and comprehensive source of news from Congress and the Executive branches. The Hill serves to connect the players, define the issues and engage Washington’s decision makers and thought leaders around the country.
In 2015 The Hill was the fastest growing media website.
This year MIT Media Lab called The Hill the most influential media site only topped by CNN and Fox.
Since 1994, The Hill has reported on the intersection of politics and business, connecting Capitol Hill, K Street, Wall Street and Pennsylvania Avenue for non-partisan coverage.
The Hill serves as a vital, credible and non-partisan source of in-depth reporting connecting all things political. Its strength is based partly on its exceptional access to “insider” perspectives.
Not surprisingly, this highly analytical approach to issues results in reader demographics that are highly prized by advertisers. The Hill’s readers are affluent, educated and, above all, influential. As advertisers seek to shift their spend away from print, The Hill emerges as a viable alternative and validates the trends that favor niched online media outlets.
The Hill has a print circulation of over 24,000 — and is read by opinion leaders, including 100% of Congressional offices, the White House, political pundits, association executives, lobbyists and corporate leaders. In the past years, the company made the strategic decision to grow the business by pivoting towards a digital offering. There was a significant capital raise that closed in December, 2015 enabling the company to rapidly pursue numerous growth opportunities and to significantly increase its digital capabilities.
It is now ranked among the Top 100 Online Websites in the US. How has The Hill been able to compete against much larger, more established competitors? The answer lies in its highly entrepreneurial culture and its ability to respond quickly to emerging trends.
Does this sound like the opportunity for you? Read on…
Click below to view the USA Today’s interview with The Hill’s CEO, Jimmy Finkelstein as he addresses this topic:
This unprecedented growth in both readership and advertising revenue for The Hill has created the need to recruit a full time Chief Financial Officer to ensure that the necessary fiscal management is in place in order to maximize these opportunities. The Hill needs to recruit a CFO who will play a strategic role advising the Chairman on a wide range of operational issues and initiatives in addition to managing its day-to-day finance, treasury and accounting functions. The key challenge of this role is to balance the company’s need to grow with sound fiscal management.
CONFIRMATION OF THE ROLE:
I. Oversees the annual budgeting process and mid-year reforecasts. Manages finance team including the Controller.
II. Provides management with requisite reporting including detailed metrics related to financial and key performance indicators.
III. Evaluate and execute any potential add-on acquisitions.
IV. Works closely with the CEO to help resolve a range of operational issues in addition to leading companywide initiatives.
V. Expected to know the numbers and details behind all metrics.
VI. Identifies opportunities for increased profitability.
VII. Accountable for making recommendations for constant improvement in company operations.
VIII. Presents to management and the board in quarterly update meetings.
IX. Provides counsel on financial considerations for both existing and new initiatives.
X. Manages the treasury function.
XI. Ensures strong financial controls are in place and that the company is in compliance with financial and regulatory requirements within the requisite jurisdictions.
XII. Negotiates health rates.
XIII. Oversees annual audit.
• BSc. in Accounting, CPA highly desirable.
• 10 years of relevant finance experience, at least 5 plus years as a CFO, Controller or VP, Finance, ideally in a digital media company.
• Excellent communication and analytical skills.
• Strong business acumen and the ability to communicate complex financial information with diverse stakeholders.
• Entrepreneurial orientation and genuine enthusiasm for growing a business.
• High energy, positive, self-motivated individual.
• Sound judgment, impeccable integrity and credibility.
• Pragmatic, able to focus on key drivers with a sense of urgency.
• Change agent, yet able to work within existing corporate structure.
• Strong leadership ability.
• Listens well, encourages input from team members.
• Flexible, open to suggestions from other executive team members.
A relevant undergraduate degree in accounting. CPA designation highly desired.
THE HILL: Mr. James A. Finkelstein, also known as Jimmy, has been the Chief Executive Officer and President of News Communications Inc. since June 2001. He serves as the Chief Executive Officer and President of News Communications’ subsidiaries that include The Hill. He has an extensive background in the publishing industry and has served as an advisor to leading investor groups. Mr. Finkelstein holds an Honorary Doctor of Laws Degree from Hofstra University.
For more information regarding this opportunity, please contact:
BSG Team Ventures
224 Clarendon Street, Suite 41
Boston, MA 02116
Boston Search Group Team Ventures – Leadership for Innovation
BOSTON • NEW YORK • LONDON • SAN FRANCISCO
Founded as Boston Search Group in 1997 and rebranded in 2008, BSG Team Ventures is a retained executive search firm focused on recruiting leaders for rapidly changing environments. While we serve a wide range of clients including public corporations and not-for-profit organizations, the greatest concentration of BSG’s work is with private equity firms and their portfolio companies to expand or upgrade management, and with venture capital firms and entrepreneurs to build teams for early-stage businesses.
Over the past 15 years, our principals – working from offices in Boston, San Francisco, and London – have completed more than 500 assignments for board directors, C-level executives, and VPs in every major functional area.