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National Basketball Association

Professional basketball league generating multi-stream revenue

Director of Accounting

Financial AccountingPosted on Nov 12
Full-timeSan Francisco, CA, USA

About the Job

Requirements

  • A bachelor's degree, preferably in Accounting, or equivalent work experience.
  • Certified Professional Accountant (CPA) certification.
  • At least 10 years of progressive accounting experience, including at least 5 years in a leadership role; a mix of public accounting and corporate experience is preferred.
  • Deep expertise in U.S. generally accepted accounting principles (GAAP), specifically ASC 606 and ASC 842.
  • Proven experience leading process improvement, control design, and/or system implementation projects in a high-volume transactional environment.
  • Experience with major enterprise resource planning systems such as SAP, Oracle, or NetSuite, financial reporting software, and advanced Microsoft Excel skills.
  • Ability to mentor and develop a diverse team of accounting professionals.
  • Ability to explain complex accounting concepts to non-financial stakeholders.
  • Ability to lead teams through change in a fast-paced environment.

Responsibilities

  • Lead, mentor, and develop team members responsible for general accounting functions, including revenue, leases, general ledger, and reporting.
  • Serve as the subject matter expert for revenue and lease accounting related to Arena products and the real estate portfolio.
  • Lead month-end, quarter-end, and year-end closing processes across all three business units.
  • Ensure financial statements comply with GAAP and internal policies.
  • Manage fixed asset accounting for existing arena and retail spaces, as well as construction and build-out of future retail spaces.
  • Maintain the arena fixed asset ledger, manage depreciation schedules, and track the lifecycle of large-scale facility equipment.
  • Manage recognition of multi-year sponsorship and suite revenue in alignment with ASC 606.
  • Oversee accounting for retail spaces, including timely and accurate common area maintenance reconciliations, lease administration, and responses to tenant revenue audits.
  • Direct end-to-end settlement for concerts and other events, ensuring accurate distribution of funds among the venue, promoters, and talent based on contractual split arrangements.
  • Partner with Arena Operations to account accurately and promptly for capital and maintenance projects.
  • Author and oversee research and drafting of technical accounting memoranda for complex transactions and non-recurring events.
  • Drive continuous improvement in the record-to-report cycle, scalable processes, and robust internal controls.
  • Design, implement, and maintain internal controls to safeguard company assets and ensure financial data integrity.
  • Support internal and external audit requests by ensuring the team provides timely and accurate documentation and explanations.

Desired Qualifications

  • Commercial real estate accounting experience.
  • Experience in a Sarbanes-Oxley (SOX) environment.
  • A mix of public accounting and corporate experience.

About the Company

National Basketball Association

Professional basketball league generating multi-stream revenue

The NBA is a professional basketball league in North America with 30 teams that runs the regular season, playoffs, and the NBA Finals to crown a champion each year and serves fans, players, sponsors, broadcasters, and digital audiences. It makes money from broadcasting rights, ticket sales, merchandise, sponsorships, and digital content; games are shown on TV or online, live events sell tickets, and fans buy team gear and access highlights, interviews, and other digital material, while sponsors advertise during games and promotions. It differentiates itself through a large, globally recognized brand, a stable 30-team competition, long-running media rights, and strong engagement across live events and digital channels. Its goal is to crown a champion each season while growing its global audience and maximizing value for fans, teams, sponsors, and media partners.

Company size
501-1,000
Company stage
Acquired
Total funding
$14M
Headquarters
Indianapolis, IN
Founded
1946

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