• Mgr Finance MSG LIVE & Venue Ops

    Job Locations US-CA-Inglewood
    Requisition ID
    19-10538
    Division
    Corporate - Finance
    Functional Area
    Accounting/Finance
  • Overview

    The Madison Square Garden Company (MSG) is a world leader in live sports and entertainment experiences.  The company presents or hosts a broad array of premier events in its diverse collection of iconic venues: New York’s Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, CA; The Chicago Theatre; and the Wang Theatre in Boston.  Other MSG properties include legendary sports franchises: the New York Knicks (NBA) and the New York Rangers (NHL); two development league teams –  the Westchester Knicks (NBAGL) and the Hartford Wolf Pack (AHL); and esports teams through Counter Logic Gaming, a leading North American esports organization, and Knicks Gaming, MSG’s NBA 2K League franchise.  In addition, the Company features the popular original production – the Christmas Spectacular Starring the Radio City Rockettes – and through Boston Calling Events, produces New England’s preeminent Boston Calling Music Festival.  Also under the MSG umbrella is TAO Group, a world-class hospitality group with globally-recognized entertainment dining and nightlife brands: Tao, Marquee, Lavo, Avenue, Beauty & Essex and Vandal.  More information is available at www.themadisonsquaregardencompany.com

    Role Summary

    This Manager will assist the Director Finance, MSG Live & Venue Operations in all finance and accounting functions, including the budgeting and settling of events, the monthly, quarterly and annual closing process, as well as preparation of the monthly Outlooks, quarterly Forecasts, and annual Budgets for the Forum.

    This position will require excellent written and communication skills and a solid understanding of accounting principles as well as Company policies and procedures. The Manager will be required to adhere to strict reporting deadlines.

    Specific Functions/Activities Summary

    • Event Financial Support (50%)
    • The Manager will prepare labor & cost estimates for each event for use by executives to negotiate deals with clients. Type of events includes concert rentals and/or promotions, family attraction rentals and/or promotions, and special events.
    • The Manager will be responsible for tracking event costs, conducting settlements with promoters and/or artist representatives, preparing P&L statements, compiling post-concert estimates, and accounting and reporting the event closings, along with reconciliation of general ledger.
    • The Manager will develop financial and operational expertise in MSG’s venues, as well as the ability to analyze venue performance as required. This will include understanding all union agreements, work rules and the applicable rate cards.
    • The Manager will represent MSG and prepare Event Settlements detailing revenue, expenses, and other related charges or credits due Clients in a manner that is considered professional, efficient, effective, respectful, and courteous.
    • Financial Reporting (40%)
    • These financial and accounting responsibilities include accounting transactions and subsequent analysis of resulting variances versus budget / forecast, responsibility for the
    • fair presentation of the balance sheet, including supporting schedules and analysis, and ensuring that accruals are adequate.
    • The Manager shall be responsible for accounting for MSG Live and Sports Properties events including posting of revenue and accrual entries, analysis and reconciliation of P&L and balance sheet accounts by event based on documentation received from Finance team. Additional accruals will come from sources including T&E system, procurement system, and others.
    • The Manager will be responsible for revenue and expense reclass and analysis on an event by event basis and will identify and resolve any discrepancies between GL balances and estimated Flash amounts of revenue or expense.
    • In addition, this position will be responsible for the Food & Merchandise month-end close which would include but not limited to preparing P&Ls, variance explanations, journal entries and balance sheet reconciliations.
    • Special Projects (10%)
    • The Manager shall provide analysis for special projects as assigned (e.g., union negotiations, performing rights organization reporting, competitive analysis, etc.). This will include projects and reporting that cross divisions, requiring the Manager to maintain positive working relationships across the company.

    Qualifications

    • 5+ years’ experience and a Bachelor’s degree required (in Finance / Accounting preferred), CPA a plus but not required
    • Must have strong advance Excel skills while experience in Oracle, TM1, or Anaplan applications is a plus.
    • Advance analytical, accounting and financial skills are required.
    • Experience in budgets, forecasts and monthly analysis reporting and monthly closes.
    • Teamwork – must be able to work with various operating groups and assist the Accounting Department at month-end.
    • Communication Skills – must present themselves in a professional manner and communicate regularly with executives in multiple divisions as well as outside the company
    • Demonstrated flexibility – must be able to juggle various projects and be willing to change projects as needed
    • High Energy and Commitment – must display a positive, confident assertive personality and be able to work on projects until completion.

    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, sexual and reproductive health choices, 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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