Financial Planning & Accounting Associate, Netflix

$50-240k

You choose each year how much of your compensation you want in salary versus stock options

Mid and Senior level

Los Angeles

Streaming service

Job no longer available

Streaming service

1001+ employees

B2CContentSubscriptionEntertainmentDigital MediaSaaS

Job no longer available

$50-240k

You choose each year how much of your compensation you want in salary versus stock options

Mid and Senior level

Los Angeles

1001+ employees

B2CContentSubscriptionEntertainmentDigital MediaSaaS

Company mission

Entertainment, like friendship, is a fundamental human need; it changes how we feel and gives us common ground. Netflix is better entertainment at lower cost and greater scale than the world has ever seen. They want to entertain everyone, and make the world smile.

Job

Company

Role

Who you are

3-5 years of experience conducting quantitative and qualitative financial analysis
Superior proficiency with Excel & complex financial modeling
Excellent verbal and written communication skills
Sound working knowledge of the related accounting guidance preferred
Bachelor's degree with emphasis on coursework of a quantitative nature, preferably Business, Economics, or Mathematics

What the job involves

Supporting near-term and long-term P&L forecasts
Supporting key portions of the company's free cash flow forecast
Developing insightful presentations that summarize this data and facilitate decision-making for senior Netflix management
Performing financial scenario analysis to support senior management's strategic decision making
Candidates are required to be highly analytical and be strong, effective communicators
Prior experience in financial planning & analysis in the entertainment industry, management consulting, investment banking, or Big 4 accounting is preferred. Ideal candidates will have a proven track record of superior financial and strategic analysis and developing/delivering recommendations based on this analysis
The successful candidate must display initiative in anticipating and exceeding the business demands of senior-level business managers. This person must thrive in a fast-paced environment and exhibit the highest personal and professional standards of integrity and ethics
Netflix is fast-growing with a flat organizational structure, which means that employees are often asked to perform tasks with a range of difficulties. Candidate must be motivated, disciplined, and able to work effectively autonomously

Our take

Netflix was started when one of the co-founders had received a $40 late fee after failing to return a film on time. Now, Netflix is one of the fastest growing technology companies, reinventing the entertainment space by providing high quality content for low fees.

This is becoming an increasingly competitive space, with deep-pocketed rivals including Amazon, Disney, Apple and AT&T. They are all spending big on content and pricing cheaply in a battle to win subscribers.

After a dwindling number of subscribers due to tough competition in 2022, Netflix is focused and committed to improving its core service which is its TV, movies and now games going forward. Post-IPO funding of $183 million from Winslow Capital at the end of 2023 followed the previous year's dumping of shares by the same company after Netflix's first loss of subscribers. This capital indicates a shifting perspective on Netflix's outlook, which saw a year-end subscriber boost.

Steph

Company Specialist at Welcome to the Jungle

Insights

Top investors

-8% employee growth in 12 months

Glassdoor (4.2)

Trustpilot (1.4)

Company

Funding (last 2 of 6 rounds)

Apr 2000

$50m

SERIES E

Jul 1999

$30m

SERIES D

Total funding: $103.5m

Company benefits

Work from home opportunities

Company HQ

Los Gatos, CA

Leadership

Reed Hastings

(Chairman)

Served two years with the Peace Corps in Switzerland. Studied Computer Science at Stanford, and founded Pure Software (which sold for a substantial profit before Netflix). Previously a Board Member at Microsoft and Facebook.

Greg Peters

(Co-CEO)

Previously Netflix COO and CPO, SVP and CE of Product Development at Macrovision, VP of Engineering at Mediabolic, Director at Redhat inc, VP Engineering at NOCpulse.

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