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; and The Chicago Theatre. 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
The Director External Reporting & Consolidations is responsible for preparing consolidated financial statements for MSG, including Balance Sheet, Income Statement, Statement of Shareholders Equity, and Statement of Comprehensive Income as well as Management’s Discussion and Analysis (“MD&A”) and certain footnotes of the financial statements for inclusion in the Company’s periodic filings with the SEC on a quarterly basis. In addition, this role is responsible for reviewing and consolidating information received from divisions. The Director External Reporting & Consolidations is also responsible for the preparation and filing of the annual statutory financial statements in accordance with IFRS for MSG’s subsidiaries in the UK. In addition, the Director External Reporting & Consolidations is responsible for working with the Manager Corporate Accounting on accounting and disclosures related to Company’s Pension and Other Post-Employment Benefits Plans. This position includes periodic interactions with actuary, benefits department and external auditors in preparation of annual audited financial statements for MSG’s defined benefit and defined contribution plans. Works with the FP&A team and external actuary consultant on projections for the budget and forecast related to these pension plans.
Specific Functions/Activities Summary
Responsible for reviewing and supervising transactional activity for the Company’s UK entities prepared by corporate accounting staff (particular (i) foreign currency transactions treatment and (ii) foreign currency translations and (iii) CTA balance) as well as ensuring the accuracy and completeness of accounting records, proper capitalization of costs and elimination of intercompany transactions. Prepare financial statements used for annual statutory filings in accordance with IFRS for the Company’s U.K. subsidiaries. Responsible for reviewing assumptions used by external actuary consultant for projected pension and post-employment benefits plans’ expenses. Review disclosure related to the Company’s Pension and OPEB plans, along with the disclosure of multiple employer benefit plans prepared by Manager Corporate accounting for inclusion in the Company’s periodic filings with the SEC. Responsible for supervision of the annual audited financial statements process for MSG defined benefit and defined contribution plans (four plans in total) prepared by Corporate Accounting Manager and assisting external auditors and benefits department during the audit. Prepare consolidated financial statements, including Balance Sheet, Income Statement, Statement of Shareholders Equity, and Statement of Comprehensive Income for inclusion in the Company’s periodic filings with the SEC on a quarterly basis. Reviews and analyzes financial packages submitted by business units. Aggregate and consolidate the information as necessary for senior management and external reporting purpose. Ensures the integrity of balance sheets, income statements, applicable financial statement analysis and other supporting documentation pertaining to management, annual audit, SEC and other reports. Prepares Monthly internal consolidating income statements and is responsible for providing information to external auditors and tax departments. Prepares certain footnote disclosures in our SEC filings such as: (i) Pension, (ii) Related Party Transactions, (iii) accumulated other comprehensive income, (iv) segment reporting, and others. Reviews monthly internal consolidating income statements after GL close. Reviews quarterly income tax provision calculation provided by tax department along with the applicable income tax provision journal entries prepared by corporate accounting department prior to posting. Reviews parent company and subsidiaries “equity-pick-up” adjusting journal entries prepared by manager of consolidation. Prepares certain entity level financial statements/information on annual basis for lease compliance reporting. Evaluates and identifies areas of potential exposure and internal control weaknesses. Responsible for completing sections of the MD&A and Segment footnote in the 10Q/10K Special projects as necessary. Uses Strategic Mindset to develop and implement business and operating plans that are consistent with goals and strategies. Understands the impact of strategy and communicate the “big picture Drives Mission and Purpose by communicating and implementing the organization’s vision, mission and overall direction within their area of responsibility Provides overall leadership for the team Manages operating budget for the team Serves as a member of the VP’s leadership team Builds Effective Teams by overseeing operations, monitoring performance and evaluating results to ensure that departmental and organizational objectives and operating requirements are met Provides supervision, coaching and support to direct reports Manages a high performing team Ensures that company policies and procedures are followed and updated as needed. Develops Talent to attract, retain and motivate employees Oversees the development of talent in the team Identifies and nurtures future leaders Values Differences by communicating and collaborating with peers, team members and other stakeholders in the company as required Develops highly productive relationships and partnership for the benefit of the organization Uses Decision Quality and Courage to make decisions in a timely way, considering the broader and longer-term impact of decisions. Provides leadership to manage change effectively Identifies risks; effectively solves or escalates with recommendations Drives Engagement by implementing strategies and tactics to improve the employee experience Tracks Pulse results and makes changes to improve the employee experience based on feedback Recognizes and rewards high performing managers Manages Ambiguity to track innovations and trends relevant to the work of the team Champions innovation as needed, including fostering internal creativity Uses future focus and vision to drive innovation
Minimum 5-7 years of experience, preferably a mix of public accounting and accounting in private industry. Bachelor’s Degree in Accounting. Demonstrated strength in technical aspects of accounting, from preparation of financial statements / footnote disclosures to analytical review. Demonstrated ability to evaluate and interpret data and draw relevant conclusions. Possesses strong analytical and problem-solving skills. CPA license (required) Strong interpersonal skills – this position has daily interaction with finance and non-finance personnel of all MSG divisions; as such, candidate must have ability to interact with various levels of management and staff in several divisions. Will have excellent project management skills with the ability to keep projects on schedule. Attention to detail, strong self-review and strict adherence to deadlines is critical. Must have strong organizational skills with the ability to multi-task in a fast paced detail oriented environment. Effectively handle multiple tasks and is flexible to accommodate new requests. Advanced accounting and analytical abilities. Will have strong written and oral communication skills. Personal computer literacy, including intermediate/advanced proficiency in Excel required. Knowledge of Oracle Financial Systems is a plus. Ability to identify potential issues and effectively communicate these issues to superiors and demonstrates the ability to develop appropriate or alternative solutions. Ability to work independently.
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.
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.