Who are we hiring?
This role is primarily responsible for the accounting operations of MSG Sports including preparation and recording of required journal entries, timely and accurate recognition of sports teams revenue (primarily suites and hospitality, as well as ticketing, food and beverage and merchandise), quarterly and annual financial close processes, monitoring of financial results to facilitate financial analysis, effective operation and monitoring of the Company’s Internal Control Over Financial Reporting with respect to MSG Sports and facilitation of the external audit process.
What will you do?
Review new suites and hospitality contracts;
Analyze and model of suites contracts for revenue recognition in accordance with ASC 606;
Liaise with business operations related to suites and hospitality support;
Review Accounts receivable aging review/liaise with collections team;
Preparation, review and posting of journal entries related to suites and hospitality, ticketing, food & beverage, and merchandise revenues and direct costs;
Review of revenue transactions to ensure timely and accurate reporting of sales activity;
Perform research and provide support for technical accounting analysis with respect to significant transactions impacting MSG Sports, particularly revenue recognition;
Responsible for month end close activities with respect to suites and hospitality, as well as ticketing, food and beverage and merchandise including but not limited to:
Monthly preparation and/or review of general ledger posting revenue and related accruals and prepaids,
Review of balance sheet reconciliations,
Preparation of income statement and balance sheet variance analyses,
Related Party Transactions Support, including management of payments and application/allocation between MSGS and MSGE;
Evaluates and identifies areas of potential exposure and internal control weaknesses,
Will work with both internal and external auditors in providing them with required information during quarterly reviews and annual audits;
Special projects as necessary;
Strict adherence to the timelines established for all reporting.
Senior Staff Accountant
What do you need to succeed?
Bachelor’s degree preferred in business/accounting or related field
Public/private background with excellent communication skills, both verbal and written
8-10 years accounting experience
Strong analytical skills
Must be proficient in Excel and possess knowledge of automated environments.
Experience in building and/or utilizing data transformation tools a plus
Why is MSG for me?
Madison Square Garden Sports Corp. (MSG Sports) is a leading professional sports company, with a collection of assets that includes: 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, an NBA 2K League franchise. MSG Sports also operates two professional sports team performance centers – the MSG Training Center in Greenburgh, NY and the CLG Performance Center in Los Angeles, CA.
We invite you to create an exceptional career at MSG
At MSG, we recognize the importance of upskilling employees’ talents and strengths so they can drive their careers forward. We are proud to offer a robust set of tools and resources to help employees understand their interests and purpose, harness their talents and obtain the skills they need to reach the next step in their careers. Growth and longevity for our employees are top priorities here.
We value diversity and are looking for extraordinary employees of all backgrounds
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 mandates, MSG complies with all applicable state and local laws governing nondiscrimination in all locations and will consider requests for reasonable accommodations as required.