Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The Company’s portfolio includes a collection of world-renowned venues – New York’s Madison Square Garden, Infosys Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre – that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the Company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for more than 90 years. More information is available at www.msgentertainment.com.
Who are we hiring?
The Director, Technical Accounting, will manage the end-to-end accounting for complex revenue arrangements, including reviewing agreements, evaluating revenue recognition policies and procedures, developing processes to ensure appropriate recognition, and coordinating with relevant stakeholders to ensure the completeness and accuracy of revenue recognized. This role serves as a key resource in assessing the accounting treatment of new and evolving revenue transactions across the Company's operations.
In addition to its significant revenue accounting focus, this role encompasses a broad range of technical accounting areas, such as the research, evaluation, and documentation of current and emerging accounting issues, asset capitalization, asset impairment assessments, leasing transactions, business combinations (including consolidation considerations), and financial reporting matters such as segment reporting. This role will also act as the primary contact for evaluating new accounting standards and pronouncements, assessing their impact on the Company's financial statements, business processes, and related internal controls over financial reporting.
What will you do?
- Manage the end-to-end revenue recognition process for complex revenue arrangements including coordinating with relevant stakeholders, including, operations, finance, information technology, and third-party service providers to facilitate appropriate revenue recognition and financial statements disclosure.
- Design and refine processes and procedures to improve efficiency and accuracy in revenue recognition for complex arrangements.
- Stay abreast of the Company's operations to identify and evaluate new revenue transactions, determining appropriate accounting treatment and communicating impacts to relevant parties.
- Research, analyze and document all significant technical accounting matters.
- Manage specific elements of the Company's quarterly and annual financial statements, including accounting policies, new pronouncements, and disclosures related to significant or technical accounting matters.
- Act as an advisor to executives, providing guidance on technical accounting questions that may arise.
- Establish new accounting policies and assess existing ones, revising as necessary.
- Evaluate new accounting standards and pronouncements, developing and implementing adoption plans that address their impact on the Company's financial statements, business processes, and related internal controls.
- Perform the Company's annual impairment analysis for both goodwill and intangible assets.
- Collaborate with the Company's external auditors regarding significant technical accounting matters.
- Support additional projects as needed.
- Provide exceptional experiences for our guests, partners, and team members, including by adhering to our appearance and presentation guidelines while on-site.
What do you need to succeed?
- Bachelor’s degree in accounting.
- 10+ years of relevant accounting experience, preferably a mix of Big 4 public accounting and accounting in private industry.
- Experience in revenue accounting, including review of technical accounting for significant revenue contracts.
- Active CPA license (required).
- Effective communication skills with the ability to interact across all levels of the organization.
#LI-Onsite
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! 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. MSG complies with all applicable federal, state, and local laws governing nondiscrimination, including considering requests for reasonable accommodations as required.
Skills Required
- Bachelor's degree in accounting
- 10+ years of relevant accounting experience
- Experience in revenue accounting, including review of technical accounting for significant revenue contracts
- Active CPA license
- Mix of Big 4 public accounting and private industry experience
- Effective communication skills across all organizational levels
What We Do
MSG Entertainment is a world leader in live entertainment, comprised of world-renowned venues and marquee brands. Utilizing our powerful assets and expertise, we produce, present, or host a variety of entertainment and sports events, delivering unforgettable experiences for millions of fans each year. Across our venues and brands, MSG Entertainment sets the standard for excellence and innovation while forging deep connections with diverse and passionate audiences. Our Company includes our portfolio of iconic venues: New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre – each a prominent destination for unforgettable experiences and events. With flexible seating capacities and configurations that range from 2,800 to 21,000, our venues enable us to showcase a broad array of compelling sporting events, concerts, family shows, and special events that cover a wide spectrum of genres. This includes at Madison Square Garden, known as “The World’s Most Famous Arena,” which serves as home to the New York Knicks and New York Rangers – two of the most recognized franchises in professional sports – and perennially hosts the biggest names in music and entertainment. MSG Entertainment also features the wholly-owned original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for generations of fans at Radio City Music Hall since 1933. The show’s enduring popularity is driven by the world-famous Radio City Rockettes, the longest-running precision dance company in America. More information is available at www.msgentertainment.com
