M&A & Strategic Investments Associate

Job Description

Hearst E-commerce is a newly formed organization focused on developing and supporting E-Commerce across Hearst's consumer media portfolio, as well as expanding our corporate E-Commerce portfolio via M&A and Strategic Investments. We are focused on a wide range of areas including affiliate commerce, marketplaces, E-Commerce technology, and other segments of the E-Commerce sector.

As a member of the larger Hearst community, our team is focused on developing a supportive, inclusive culture, and giving back to our communities. Hearst employees have access to extensive training and development opportunities, ranging from robust internship, mentorship, and sponsorship programs to unique opportunities to partner with business units across the company.

Your Impact

As a new organization beginning to scale our M&A and Investment activity, we are looking for self-motivated individuals that are eager to make an impact to the broader organization by identifying and acquiring and / or investing in unique and strategically relevant assets. We are looking for candidates that are not only interested in facilitating transactions, but also aspire to become high impact finance and business leaders of the future at Hearst. A strong desire to think strategically about investment opportunities and to grow your skills and abilities over time is important. Your role will provide exposure to areas including corporate development, M&A, strategy, business intelligence, financial planning, and business development. In this role, you will get exposure to different Hearst businesses and interface with business leaders and finance professionals across our operations, with visibility at the most senior levels of our organization. Your position will report to the SVP of M&A and Strategic Investments for Hearst E-Commerce.

Key Responsibilities

• Work as a member of the M&A and Strategic Investments team for E-Commerce, collaborating with corporate leaders and business stakeholders
• Provide financial analysis, financial modeling support and strategic advisory on projects across a range of sub-industries and operations
• Projects and engagements supporting our organization and businesses, include:
• Evaluating M&A opportunities, conducting due diligence and financial modeling related to potential acquisitions by Hearst E-Commerce
• Develop strategic recommendations based on deep financial analyses
• Developing financial plans to assist in the launching of new product lines or services
• Project management leadership supporting important financial and strategic initiatives
• Present to key stakeholders and senior leadership findings from projects and analyses
• Track and report out on changes to the competitive landscape through regular competitive intelligence memos, including:
  • Market-mapping and competitive analysis of relevant segments
  • Individual company and / or feature analysis of new innovations from competitors or target companies in the sector

Required Qualifications

• 5+ years of experience (educational or work-related) in investment banking, consulting, private equity, financial analysis, financial planning, and / or accounting
• MBA degree or current MBA candidate preferred
• Excellent relationship-building and communication skills
• Proven ability to work across teams and engage a diverse array of stakeholders

Travel & Work Location

The position will be based in New York, NY. Much of the work will be completed out of the New York office. However, travel may be required to other offices or locations, as required, to participate in group offsites and specific projects.

In accordance with applicable law, Hearst is required to include a reasonable estimate of the compensation for this role if hired in New York City. The reasonable estimate, if hired in New York City, is $130,000-$160,000. This position is also eligible for a discretionary bonus. Please note this information is specific to those hired in New York City. If this role is open to candidates outside of New York City, the salary range would be aligned to that specific location. A final decision on the successful candidate's starting salary will be based on a number of permissible, non-discriminatory factors, including but not limited to skills and experience, training, certifications, and education.

Hearst provides a competitive benefits package, including medical, dental, vision, disability and life insurance, 401(k), paid holidays and paid time off, employee assistance programs, and more.

As part of its continued efforts to maintain a safe workplace for employees, Hearst requires that all employees who receive a written offer of employment must be fully vaccinated (as defined by the CDC) against the coronavirus by the first day of employment as a condition of employment, to the extent permitted by applicable law. Hearst will consider requests for reasonable accommodations due to medical and/or religious reasons on an individual basis in accordance with applicable legal requirements.

About Us

Hearst is a leading global, diversified media, information and services company with more than 360 businesses. Its major interests include ownership in cable television networks such as A&E, HISTORY, Lifetime and ESPN; global financial services leader Fitch Group; Hearst Health, a group of medical information and services businesses; transportation assets including CAMP Systems International, a major provider of software-as-a-service solutions for managing maintenance of jets and helicopters; 33 television stations such as WCVB-TV in Boston and KCRA-TV in Sacramento, California, which reach a combined 19% of U.S. viewers; newspapers such as the Houston Chronicle, San Francisco Chronicle and Times Union (Albany, New York); more than 300 magazines around the world, including Cosmopolitan, ELLE, Men's Health and Car and Driver, and digital services businesses such as iCrossing and KUBRA; and investments in emerging digital entertainment companies such as Complex Networks.

Hearst is an Equal Employment/Affirmative Action employer. Hearst does not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, veteran status, or any other characteristic protected by federal, state, or local law. Follow us on Twitter @Hearst. To learn more about Hearst, visit hearst.com.