Full-Time

Director Accounting Venue Ops

Posted on 11/5/2024

MSG Entertainment

MSG Entertainment

1,001-5,000 employees

Operates iconic venues for live events

Consumer Goods
Entertainment

Compensation Overview

$113k - $190kAnnually

Senior

New York, NY, USA

Onsite presence required.

Category
Auditing
Cost Accounting
Financial Accounting
Operations & Logistics
Accounting
Required Skills
Coupa
Oracle
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s Degree in Accounting and a CPA License strongly preferred.
  • Ability to work with various operating groups and manage large-sized team across multiple offices.
  • Strong communication skills
  • Must be able to juggle various projects and be willing to change projects as needed.
  • A positive, confident assertive personality and ability to work on projects until completion.
  • A desire to research and resolve variances.
  • Must be a change agent and drive business & operational changes as we review current processes & scope of work performed by the group.
  • Advanced analytical, accounting, and financial skills are required.
  • Experience in monthly analysis reporting and monthly closes.
  • Must have strong Power Point and Excel skills, and preferred experience in HCM, Oracle, Concur, Hyperion, and Coupa applications.
  • Demonstrated ability to think strategically.
  • Must have solid public accounting experience in managing resources/projects.
Responsibilities
  • Manage the Venues monthly book close process which includes the timely and accurate reporting of financial results, including all F&M revenue/COGS.
  • Oversight of the Company’s Arena License Agreement with MSG Sports as it relates to Venue Operations.
  • Proper accounting and oversight of all event related expenses, including labor.
  • Review partner consignment merchandise settlements.
  • Responsible for inventory reconciliation process with operations.
  • Responsible for ASC 842 lease accounting, for all venues and office space.
  • Prepare, review, approve, and post manual journal entries for the General Ledger.
  • Review and approve monthly sales tax payments and filings for several businesses across multiple jurisdictions and assisting tax department with sales tax audit requests as applicable.
  • Coordinate responses to external and internal audit requests.
  • Maintenance of internal controls, including compliance with SOX 404.
  • Develop of new processes that better automates month-end close reporting.

MSG Entertainment provides live entertainment experiences by operating a collection of well-known venues and entertainment brands. The company hosts a variety of events, including concerts, sports games, and theatrical performances, primarily in North America. Its venues, such as Madison Square Garden and Radio City Music Hall, are famous for their history and capacity to attract large audiences. MSG Entertainment generates revenue through ticket sales, renting out its venues, securing sponsorships, and selling concessions during events. Unlike many competitors, MSG Entertainment not only focuses on live events but also capitalizes on media rights and merchandising related to its entertainment brands. The company's goal is to deliver memorable experiences to a wide audience while maintaining its status as a leader in the live entertainment industry.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

2010

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for immersive experiences can enhance audience engagement at MSG venues.
  • Hybrid events create new revenue streams, expanding MSG's audience beyond physical limitations.
  • Growth in esports offers MSG opportunities to host large-scale gaming tournaments.

What critics are saying

  • Competition from digital platforms like Netflix may divert audiences from live venues.
  • Rising operational costs due to inflation could impact MSG's profitability.

What makes MSG Entertainment unique

  • MSG Entertainment owns iconic venues like Madison Square Garden and Radio City Music Hall.
  • The company offers a diverse range of live events, including concerts and sports.
  • MSG Entertainment leverages its brands for media rights and merchandising opportunities.

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