• Manager MSG Live Finance

    Job Locations US-NY-New York
    Requisition ID
    18-10225
    Division
    Corporate - Finance
    Functional Area
    Accounting/Finance
  • Overview

    The Madison Square Garden Company (MSG) is a world leader in live sports and entertainment with a portfolio of legendary sports teams, exclusive entertainment productions and celebrated venues.  MSG Sports owns and operates some of the most widely recognized sports franchises: the New York Knicks (NBA), the New York Rangers (NHL) and the New York Liberty (WNBA), along with two development league teams -- the Westchester Knicks (NBADL) and the Hartford Wolf Pack (AHL).  MSG Sports also presents a broad array of world-class sporting events, including: professional boxing, college basketball, tennis, bull riding and e-gaming events.  MSG Entertainment features exclusive, original productions that include the Radio City Christmas Spectacular and New York Spectacular Starring The Radio City Rockettes.  MSG Entertainment also presents or hosts a wide variety of live entertainment offerings, including concerts, family shows and special events, in the Company’s diverse collection of iconic venues. These venues are: New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, California; The Chicago Theatre; and the Wang Theatre in Boston, MA.  More information is available at www.themadisonsquaregardencompany.com.

    Role Summary

    The Manager is responsible for event financial aspects of the MSG Live group. The Manager’s responsibilities will be categorized into the following areas:

    • Event financial support across MSG Venues and event types (e.g. Concerts, Family Attractions, Special Events) including event offers, settlements, and financial outlook
    • Special projects including but not limited to annual budgets and quarterly forecasts, rate card analysis, venue standards, and competitive analysis

    Specific Functions/Activities Summary

    Event Financial Support (90%)

     

    The Manager prepares labor & cost estimates for various events primarily at MSG Theaters, inclusive of rate card rent for use by MSG Live Booking department executives to negotiate deals with clients.  The Manager will be proficient and well versed in all types of events including concerts, family attractions, performing arts, and special events, as well as all types of deals including rentals, co-promotions, and self-promotions.

     

    The Manager is responsible for tracking event costs, reviewing contracts, conducting settlements with promoters and/or artist representatives, preparing P&L statements, compiling post event estimates, and reviewing the monthly reconciliation to general ledger.  The Manager is also responsible for maintaining event files.

     

    The Manager will develop financial and operational expertise across MSG’s Venues related to labor and non-labor expenses.  This will include understanding and summarizing all union agreements, work rules and applicable rate cards.  The Manager will be used as a resource by the Bookers and other Finance Staff.

     

    Special Projects (10%)

     

    The Manager shall provide primary analytical support to critical special projects as assigned (e.g. annual budgets and quarterly forecasts, rate card analysis, venue standards, and competitive analysis, etc.).  This will include projects and reporting that cross divisions, requiring the Manager to maintain positive working relationships across the company.

     

    • Approval of certain financial transactions and commitments per MSG’s Commitment Authorization policy in conjunction with Line of Business employees. Generally, a Manager would have a limit of $25k but specific limits vary based on type of commitment / expenditure
    • Preparation and signing event settlements in conjunction with Event Bookers primarily at MSG Theaters.  Settlements with outside promoters, artists, or producers regularly represent transactions that exceed hundreds of thousands of dollars.

    Qualifications

    • BS, BA or related degree in accounting or finance or equivalent work experience
    • Strong financial modeling skills in Excel and in depth understanding of financial systems desired but not required
    • Experience in Oracle, Anaplan, TM1 desired but not required
    • Experience within the live entertainment industry preferred
    • Experience in a union environment and dealing with multiple collective bargaining agreements preferred

    Education

    Candidates who have completed 60 credits of college-level coursework (representing 2 years), or have shown similar self-development through certifications, trade school coursework, etc. are preferred.

    Educational requirements may differ from job to job based on the role.

    EEO Statement

    At MSG we value diversity and are looking for extraordinary employees of all backgrounds! MSG is an Equal Opportunity Employer and provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, citizenship, age, genetic information, disability, or veteran status. In addition to federal law requirements, MSG complies with all applicable state and local laws governing nondiscrimination in all locations.

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