AEG · 4 hours ago
Sr Accountant - Financial Reporting
Los Angeles, CA
Full-time
Onsite
Mid, Senior Level
$95K/yr - $115K/yr
4+ years expAEG is a leading company in sports and live entertainment, hosting millions of guests and events annually. The Senior Accountant, Financial Reporting will handle the compilation and reporting of the company's global financial records, including preparing standalone financial statements and supporting the annual audit process.
Card and Board GamesLeisureSports
No H1B
Responsibilities
Identify cash vs non-cash items to properly prepare the Company's Consolidated Statement of Cashflows. Note that the cashflow statement is a highly complex financial document, which requires certain advanced accounting knowledge to prepare the following schedules at high volumes and error-free with minimal supervision: Prepare Goodwill and Intangibles rollforward, Equity Method Investments rollforward, Debt rollforward, Notes Receivable rollforward, Taxes paid, Interest paid, and understand foreign currency impact
Prepare standalone financial statements utilizing OneStream reporting, including sub-consolidations for certain groups of entities with third party reporting
Provide significant support for the Company’s annual audit of its consolidated financial statements. Responsibilities include preparing requested and recurring schedules for auditors, and roll-forward and preparation of the financial statements, footnotes, supplemental schedules. Support is provided in the preparation of certain supporting schedules for the Company’s annual accounting memorandums
Maintain financial records and recording monthly journal entries related primarily to intercompany positions and global sponsorship revenue recognition. It also includes a compilation of a high volume of submissions files from subsidiaries, support in the detailed preparation of US GAAP financial statements, primarily quarterly and semi-annual financial reporting procedures and report preparation
Run the Company’s Consolidated Balance Sheet in OneStream. Prepare reconciliation and recurring consolidating journal entries for the Company’s complex intercompany balances
Prepare journal entries needed for the global posting of Softrax-system sponsorship revenue activity and contract-based balances. These entries include costs of revenues and reclassification of intercompany accounts, once the system entries have posted twice per month
Compile a global accounts receivable aging analysis from subsidiary submissions. Assess submissions for completeness and appropriateness of responses. A draft memorandum to senior management with detailed supporting schedules, of accounts receivable balances, reserves, and aging explanations is prepared for review
Prepare Consolidated PPE rollforward & related capital expenditure reporting, using the Company’s OneStream financial reporting tool & Excel. This process involves coordination with all other departments across all of AEG and applying Excel macros skills to consolidate information to determine PPE additions, as well as determining cash vs non-cash additions
Prepare Census Filings on at least a quarterly basis and as needed/requested. Documents are to be performed and submitted with minimal supervision
Provide support by compiling various financial statements and perform analytical reviews for reasonableness and compliance with US GAAP (as applicable)
Provide suggestions to management and supervisor on ways to implement efficiencies with daily processing and reporting activities
Qualification
Required
BA/BS Degree (4-year) Accounting / Finance
Experience in an analyst and managerial role working with complex computer systems/financial applications (i.e. JDEdwards, Oracle, etc.) and in Consolidations
4-6 years related work experience
Solid understanding of basic accounting principles and theory (matching, conservatism, materiality, temporary and permanent accounts, debits, credits, financial statements, etc.)
Familiar with internal controls and procedures to strengthen internal controls
Well organized so can effectively prioritize workflow and improve period-end close results
Effective verbal and written communication skills
Ability to multitask on various daily duties and ad-hoc assignments
Ability to work independently and to complete duties with minimal supervision
Able to shift priorities considered necessary to accomplish prioritized tasks in a high-paced, results orientated environment
Knowledge and comfort in use of modules in a moderately complex computer system/financial application (such as JD Edwards, Oracle, SAP)
Solid skills with Microsoft Office Products (Word, Outlook, Excel), as well as ability to learn required business systems
Preferred
Big Four public accounting experience preferred
Certified Public Accountant (CPA) CPA Preferred
Benefits
Medical, dental and vision insurance
Paid holidays
Vacation and sick time
Company paid basic life insurance
Voluntary life insurance
Parental leave
401k Plan (with a current employer match of 3%)
Flexible spending and health savings account options
Wellness offerings
Company
AEG
AEG is one of the leading sports and entertainment presenters in the world. AEG, a wholly owned subsidiary of the Anschutz Company, owns,
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Nick Baker
President & Chief Operating Officer, Global Partnerships
Russell Silvers
President & Chief Operating Officer, Global Partnerships
Recent News
Company data provided by crunchbase