Financial Reporting Manager
CAA
New York, NYThis was removed by the employer on 5/28/2023 5:04:00 AM PST
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This is a Full Time Job
Creative Artists Agency (CAA) is the leading entertainment and sports agency, with global expertise in filmed and live entertainment, digital media, publishing, sponsorship sales and endorsements, media finance, consumer investing, fashion, trademark licensing, and philanthropy. Distinguished by its culture of collaboration and exceptional client service, CAA's diverse workforce identifies , innovates, and amplifies opportunities for the people and organizations that shape culture and inspire the world. The trailblazer of the agency business, CAA was the first to build a sports business, create an investment bank, launch a venture fund, found technology start-up companies, establish a philanthropic arm, build a business in China, and form a brand marketing services division, among other innovations. Named Most Valuable Sports Agency by Forbes for eight consecutive years, CAA represents more than 2,000 of the world's top athletes in football, baseball, basketball, hockey, soccer, in addition to coaches, on-air broadcasters, and sports personalities and works in the areas of broadcast rights, corporate marketing initiatives, social impact, and sports properties for sales and sponsorship opportunities. Founded in 1975, CAA is headquartered in Los Angeles, and has offices in New York, Nashville, Memphis, Chicago, Miami, London, Munich, Geneva, Stockholm, Shanghai, and Beijing, among other locations globally.?
The Role
CAA is seeking a Financial Reporting Manager to expand CAA's Financial Reporting team in anticipation of con tinued growth across the organization . T his position will be based in New York and support the Corporate Financial Reporting which is currently solely based in Los Angeles . Th is role will play a key role in monthly and quarterly investor and bank reporting, with specific focus on global consolidation and coordinati on with our growing international teams , primarily based in Europe currently . The individual will assist with ad - hoc technical accounting analyses including, but not limited to , business combinations, asset acquisitions, intercompany transactions, goodwill impairment, stock - based compensation, and equity grants . The individual will be part of a growing team and be responsible for assisting the organization with implementing new/improved processes to promote process standardization , efficiencies, and overall department performance improvement . It is critical that the individual in this role is able to be flexible and agile in adapting to changing circumstances and priorities and can effectively execute in a hybrid working environment across multiple time zones .
Responsibilities
• Become a key liaison with various international teams as a part of monthly and quarterly investor and bank reporting requirements.
• Assist in creating a subsidiary financial reporting packages.
• Perform first level review of the subsidiary financial reporting package prior to submission to corporate financial reporting.
• Assist in global consolidation including, but not limited to, calculating, reviewing and/or posting elimination entries and intercompany reconciliation review.
• Assist in the preparation of annual financial statements including coordination and communication with our foreign subsidiaries to ensure timely submission of required information for consolidated financial statement disclosures.
• Collaborate with financial reporting and third-party service providers to revamp goodwill impairment testing process, including playing a critical role in refreshing the reporting unit analysis, performing quantitative/qualitative testing, and completing the annual goodwill and intangible asset annual impairment analysis.
• Manage coordination and communication with various international teams for international aspects of our annual external audit.
• Participate in implementation of accounting and/or reporting related systems.
• Regularly collaborate with general ledger accounting and financial reporting groups to identify, research and/or communicate findings on accounting-related questions regarding new/non-recurring business transactions and other non-routine matters.
• Write Technical Accounting Memos as needed.
• Other ad-hoc accounting/financial reporting related matters.
Qualifications
• Bachelor's degree in Accounting, Finance, Business with an emphasis in Accounting, or a related field preferred.
• 5 or more years accounting experience.
• Public accounting experience a plus.
• Certified Public Accountant (CPA) license preferred.
• Experience working in a hybrid and dynamic environment.
• Strong knowledge of US GAAP, with experience in ASC 350 (intangibles impairment – goodwill and other), ASC 360 (long-lived asset impairment), (ASC 810 (consolidations), ASC 840/842 (leases), ASC 718 (share-based comp/equity), ASC 805 (business combinations), ASC 820 (fair value) and ASC 321 (investments in equity securities) preferred.
• Experience with technical accounting memo documentation.
• Strong knowledge of reporting requirements with experience in footnote disclosure preparation preferred.
• Experience in dealing with differences in management reporting requirements vs. GAAP reporting requirements.
• Strong organizational skills and attention to detail.
• Proven ability to manage multiple priorities, complex projects and meet deadlines.
• Experience managing processes and projects that involve collaborating with teams across a global organization.
• Previous experience utilizing financial management software packages: MS Dynamics AX, Oracle and Workiva preferred, but not required.
• Excellent computer skills; experience in accounting software, Microsoft Office Suite, including advanced Excel skills.
Location
This role is based out of the New York office; Hybrid. Tuesday-Thursday on-site, Monday and Friday remote.
Compensation: The annual base salary for this position is in the range of $125,000-$150,000. This position also is eligible for benefits and discretionary bonus. Ultimately, the salary may vary based upon, but not limited to, relevant experience, time in role, business sector, and geographic location, among other criteria. Please talk with a CAA Recruiter to learn more.
Creative Artists Agency, LLC (the ''Company'') is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national origin, alienage or citizenship, disability, marital status, military status, pregnancy or any other legally - recognized protected basis under federal, state or local laws, regulations or ordinances.
The Company also complies with the Americans with Disabilities Act and applicable state and local laws with regard to providing reasonable accommodation for qualified individuals with disabilities.
CAA does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by CAA to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that CAA will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.