Finance Manager

Posted 19 Days Ago
Be an Early Applicant
Memphis, TN, USA
In-Office
Mid level
Fashion
The Role
Manage regional event finances by creating and managing budgets, preparing financial statements, forecasting, analyzing financial performance and FX impacts, ensuring GAAP compliance, advising regional management, identifying cost savings, and coordinating international tax matters with internal advisors.
Summary Generated by Built In

VARSITY SPIRIT, A VARSITY BRANDS COMPANY - THE DRIVING FORCE IN SPIRIT ACROSS CHEER, DANCE, BAND AND YEARBOOK

For over 50 years, Varsity Spirit has been the leading global source for all things spirit, including cheerleading, dance team, performing arts and yearbook. Focused on safety, entertainment and traditional school leadership, Varsity Spirit’s 5,000+ employees are dedicated to celebrating school spirit. A leader in apparel innovation, educational camps, clinics, competitions, and yearbook, Varsity Spirit impacts more than a million athletes each year.

OUR COMMITMENT TO SAFETY

At Varsity Spirit, the safety and wellbeing of the young people we serve is of the utmost importance. Since our inception 50 years ago, we have been – and remain – steadfastly committed to doing our part to create a safe and positive environment for our participants’ physical, emotional, and social development, and promoting an environment free from abuse and misconduct. Varsity has a zero tolerance for abuse in its programs, events, and associated business activities. Varsity is committed to reporting all suspicions, allegations, and incidents of abuse in full accordance with local laws and reporting requirements. Learn more at Our Commitment to Safety - Varsity.com.

LOCATION: Varsity Spirit - 711 N. Front St Memphis, TN

WORK TYPE: HYBRID (3 days in office / 2 days remote)

HOW YOU WILL MAKE AN IMPACT

The Finance Manager is an important member of our Varsity Event Finance team by advising senior regional management on key financial decisions, overseeing a region’s financial health by analyzing data, assisting with the creation of financial reports, managing event budgets, and ensuring compliance with financial regulations.

WHAT YOU WILL DO:

Essential Job Functions:

  • Partner with regional management to advise on financial decisions to ensure financial success of regional events.  
  • Develop and manage event budgets, forecast future financial performance in season.
  • Prepare accurate and timely financial statements for internal and external stakeholders, including income statements and balance sheets for region.
  • Understanding of international tax implications of cross-border transactions, including coordinating with internal tax advisors to ensure accurate tax filings.
  • Ability to handle financial details for companies that conduct business simultaneously in different countries.
  • Accounting for fluctuations in foreign exchange rates and their impact on financial statements.
  • Identify areas for cost reduction, implement cost-saving measures, and monitor expenses against budgets.
  • Ability to interpret complex financial data and draw meaningful conclusions.
  • Effectively communicate financial information to both technical and non-technical audiences.
  • Ensure adherence to accounting standards and financial regulations.

QUALIFICATIONS:

Knowledge, Skills, Abilities

  • Experience with SAP
  • Experience using Blackline, preferred
  • Advanced proficiency in Microsoft Excel, including formulas, XLOOKUP, VLOOKUP, and analyzing large datasets
  • Proficiency with Microsoft Office Suite (Outlook, Word, PowerPoint, and Excel)
  • Working knowledge of finance and accounting principles, processes, and best practices
  • Knowledge of U.S. Generally Accepted Accounting Principles (GAAP)
  • Experience with general ledger accounting, including but not limited to journal entries, account reconciliations, month-end and year-end close processes, accrual accounting, and prepaid expense amortization
  • Experience developing financial models to support budgeting, forecasting, scenario analysis, and business decision-making is preferred
  • Strong analytical, problem-solving, and data analysis skills, with the ability to quickly learn new systems and processes
  • Strong organizational and project management skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Ability to work effectively both independently and collaboratively in a team environment
  • Excellent verbal and written communication skills, with the ability to present financial information clearly to a variety of audiences
  • Bachelor’s degree in finance, Accounting or related field
  • 3+ years’ experience in relevant field

Physical Demands and/or Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

This job operates in a professional office environment. Largely a sedentary role with some filing requiring the ability to lift files, open filing cabinets and bending or standing on a stool as necessary. Ability to sit or stand for long periods through meetings and while operating office equipment, PC’s, laptop, telephone will be required.

Travel

Travel is minimal, any travel would be primarily local during the business day, although some out-of-the-area and overnight travel may be expected for meetings.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

#LI_JF

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the employee for this job.

JOIN THE BEST TEAM IN SPORT & SPIRIT

At Varsity Brands, we believe every student deserves the opportunity to succeed and every educator wants to make a difference. It takes a team to make a real impact, and through our two divisions – BSN SPORTS and Varsity Spirit – and our network of 6,000+ employees and independent representatives, we are proud to partner with a wide range of educational institutions and club and professional sports to transform the student journey in SPORT and SPIRIT.

OUR VALUES

Service - We lead with heart. We champion community.

Passion - We love what we do. It fuels our purpose.

Integrity - We do what we promise. We own our actions and decisions.

Respect - We earn it by giving it. Because everyone deserves it.

Innovation - We never stop striving to be better. For ourselves and our community.

Transparency - We are committed to openness and honesty in everything we do.

OUR BENEFITS

We are committed to putting you and your families first. For benefits eligible roles, we offer a variety of choices and costs as well as program enhancements that align with our responsibility to elevate the employee experience. Some of our offerings include:

  • Comprehensive Health Care Benefits
  • HSA Employer Contribution/ FSA Opportunities
  • Wellbeing Program
  • 401(k) plan with company matching
  • Company paid Life, AD&D, and Short-Term Disability
  • Generous My Time Off & Paid Holidays
  • Varsity Brands Ownership Program
  • Employee Resource Groups
  • Access to Financial Coaching and member-owned Credit Union
  • St. Jude Partnership & Volunteer Opportunities
  • Employee Perks including discounts on personal apparel and equipment!

Varsity Brands companies are equal opportunity employers. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, citizenship, gender, sexual orientation, gender identity, veteran’s status, age or disability.

Skills Required

  • Experience with QuickBooks
  • Proficiency with Microsoft Excel
  • Familiarity with Microsoft Office suite
  • Working knowledge of finance and accounting processes and principles
  • Knowledge of GAAP
  • Ability to develop and manage event budgets and forecasts
  • Prepare accurate financial statements (income statement, balance sheet) for region
  • Understanding of international tax implications and coordination with tax advisors
  • Ability to account for foreign exchange fluctuations and multi-country transactions
  • Strong analytical, data gathering, and problem-solving skills
  • Excellent verbal and written communication skills (technical and non-technical audiences)
  • Project management skills and ability to multi-task and manage competing priorities
  • Bachelor's degree in accounting, finance or related field; or 3 years of direct accounting/finance experience
  • Proficiency in financial modeling techniques

Varsity Brands Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Varsity Brands and has not been reviewed or approved by Varsity Brands.

  • Equity Value & Accessibility Employee co-ownership is positioned as a broad-based ownership program available to all employees, offered in addition to regular pay and benefits. This adds potential long-term financial upside tied to company performance.
  • Healthcare Strength Comprehensive health coverage is described as part of the standard package, alongside HSA/FSA contributions and a holistic wellness program. These elements indicate a relatively broad set of health and wellbeing supports on paper.
  • Leave & Time Off Breadth Paid time off, holidays, and paid parental leave are included in the stated benefits offering. This suggests formal time-off and family leave provisions are part of the overall rewards package.

Varsity Brands Insights

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The Company
HQ: Dallas, TX
239 Employees
Year Founded: 1974

What We Do

Varsity Brands elevates the student experience- in Sport, Spirit, and Achievement. We are BSN SPORTS, the recognized leader in athletic gear; Varsity Spirit, the driving force in spirit; and Herff Jones, the most trusted name in celebrating student milestones. We partner with educators, coaches, and students to build school pride, student engagement, and community spirit. With a mission to inspire achievement and create memorable experiences for young people, Varsity Brands elevates the student experience, promotes participation and celebrates achievement through three unique but interrelated businesses: BSN SPORTS, a Varsity Sport Brand; Varsity Spirit; and Herff Jones, A Varsity Achievement Brand. Together, these assets promote personal, school and community pride through their customizable products and programs to elementary and middle schools, high schools, and colleges and universities, as well as church organizations, professional and collegiate sports teams and corporations. Through its dedicated employees and independent representatives, Varsity Brands reaches its individual and institutional customers each year through competitions, camps and sales.

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