Full-Time

Financial Reporting Manager

Fenway Sports Group

Confirmed live in the last 24 hours

Redsox

Redsox

10,001+ employees

Professional baseball organization in North America

Consumer Goods
Entertainment

Mid, Senior

Boston, MA, USA

This position requires onsite presence in Boston, MA.

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
NetSuite
Financial analysis
Requirements
  • Bachelor's degree in accounting or finance - Master's degree preferred (CPA designation required)
  • 5-7 years of relevant accounting/financial analysis required
  • Strong technical knowledge of accounting principles (GAAP) and ability to conduct research and document conclusions
  • Familiar with regulatory requirements and compliance standards for financial reporting
  • Proficient in preparing, analyzing, and interpreting financial statements, including the income statement, balance sheet, and cash flow statement
  • Knowledge of financial consolidations, eliminations, and non-controlling interest
  • Proven experience with process documentation of accounting procedures and internal controls in a dynamic environment
  • Excellent written and speaking skills including preparation and presentation of reports and recommendations
  • Ability to manage multiple projects, prioritize tasks, and meet deadlines
  • Strong attention to detail, decision-making, problem-solving, and organizational skills
  • Demonstration of the highest level of integrity and trust
  • Advanced Excel Skills required (Dashboards, Complex lookups, Data Conversion, Pivot Tables, Financial Modeling, etc.) and proficiency with other Microsoft Office products (Word, PowerPoint, etc.)
  • Experience using accounting software, Microsoft Great Plains & NetSuite a plus
Responsibilities
  • Participate in the month end close process and own the recording of complex accounting transactions
  • Analyze financial data to identify trends, variances, and insights that support decision-making
  • Work cross-functionally on technical accounting matters and draft related analyses and memos
  • Assist in the preparation of annual US GAAP financial statements and related footnotes at the FSG Consolidated level and for several stand-alone audits of subsidiaries
  • Collaborate with other subsidiary management teams on their financial statement audits and other related topics
  • Ensure quality control over financial transactions and financial reporting by routinely updating processes and accounting policies to maintain and strengthen internal controls
  • Support new system implementations and maintain financial reporting systems to streamline reporting processes and improve accuracy
  • Liaise with the external auditors to support all aspects of the annual audits including providing necessary documentation and responding to auditor queries
  • Stay updated on changes in financial regulations and standards, ensuring the organization’s reporting remains compliant
  • Work closely with various stakeholders, including senior management, auditors, and regulatory bodies, to communicate financial information effectively
  • Support Controller on key accounting tasks/deliverables including ad hoc financial reports, tables, exhibits as requested

MLB provides extensive coverage of professional baseball in North America, catering to baseball fans and community members involved in youth baseball and softball. The organization generates revenue through broadcasting rights, offering live game streams, audio and video clips, and exclusive interviews. It also provides detailed statistics, schedules, and standings for fans seeking in-depth insights into the sport. MLB engages its audience with written content, including historical anecdotes and player profiles, which enhance website traffic and advertising revenue. Additionally, MLB supports youth baseball and softball programs, fostering the next generation of players and building a loyal fan base. This community involvement, along with its comprehensive coverage, distinguishes MLB from competitors and solidifies its role in baseball culture.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$102M

Headquarters

New York City, New York

Founded

2000

Simplify Jobs

Simplify's Take

What believers are saying

  • MLB's multiple revenue streams, including broadcasting rights and advertising, ensure financial stability and continuous growth opportunities.
  • The introduction of new rules and formats, like those in the Home Run Derby, demonstrates MLB's commitment to innovation and enhancing fan engagement.
  • Community initiatives like 'Pitch, Hit & Run' and Lou Gehrig Day strengthen MLB's brand and foster a sense of community among fans.

What critics are saying

  • The retirement of key figures like umpire Ángel Hernández could lead to a loss of experienced personnel, impacting game quality and fan experience.
  • Changes in rules and formats may not always be well-received by traditional fans, potentially leading to a backlash.

What makes Redsox unique

  • MLB's extensive community programs and youth engagement initiatives set it apart from other sports organizations, fostering a loyal fan base from a young age.
  • The organization's comprehensive coverage, including in-depth statistics, historical content, and exclusive interviews, provides a richer experience for baseball enthusiasts compared to other sports entertainment providers.
  • MLB's focus on celebrating diverse cultures, such as the 'El Béisbol es Otra Cosa' campaign, highlights its commitment to inclusivity and broadening its fan base.

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