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Legendsposted about 2 months ago
$120,000 - $150,000/Yr
Full-time • Mid Level
New York, NY
Food Services and Drinking Places

About the position

The DOF will oversee the finance and accounting functions of One World Observatory. Directly supervising Finance Department employees in the day-to-day functions involved in proper facility accounting. Carries out supervisory responsibilities in accordance with Legends/ASM Global policies and applicable laws. These responsibilities and tasks are coordinated with the General Manager, as well as the company Regional Director of Finance. Where applicable, this may include oversight of the Box Office, IT and/or purchasing.

Responsibilities

  • Manage and maintain internal controls and compliance in Accounts Payable, Accounts Receivable, and Box Office/Ticketing, including tax reporting.
  • Oversee all Payroll, Accounts Payable, & Accounts Receivable functions.
  • Ensure a timely and accurate month-end closing process.
  • Manage budget and control expenses effectively.
  • Guide financial decisions by establishing, monitoring, and enforcing policies and procedures.
  • Assist in the design and development of internal control procedures to safeguard company assets and implement cost-saving solutions.
  • Review and sign off on bank reconciliations, account reconciliations, financial statements, budget reports, and event flash reports.
  • Prepare and review monthly, quarterly, and yearly financial statements and externally required financial reports.
  • Provide status updates on the financial condition of attractions by collecting, interpreting, and reporting key financial data.
  • Analyze monthly balance sheet and P&L figures to prepare comments and expose performance trends.
  • Prepare other financial reports and analyses as requested.
  • Communicate results of analytical reviews in verbal and written presentations.
  • Create, maintain, and manage budgets and forecasts, including operating budgets, monthly forecasting, capital budgets, and cash flow analysis.
  • Prepare weekly and monthly financial forecasts for comparison to budget.
  • Participate in the planning and administration of the annual budget process, including detailed reviews of departmental budget submissions.
  • Perform and manage show-related activities such as settlements, accounting, and event reporting.
  • Account for box office/ticketing funds.
  • Prepare a daily flash revenue report.
  • Perform daily reconciliation of cash and credit card transactions.
  • Work with outside auditors to complete the annual audit and issue audited financial statements.
  • Review and prepare monthly reconciliations of assigned balance sheet accounts to ensure resolution of reconciling items.
  • Manage all aspects of day-to-day accounting, including accounts payable, accounts receivable, payroll, and general ledger.
  • Oversee the process of recording manual journal entries and various finance-related processes (e.g., fixed assets, payroll).
  • Coordinate monthly financial statement preparation.
  • Manage the facility's cash flow needs, investing idle funds while maintaining a minimum operating account balance.
  • Oversee the inventory process and perform in-depth cost of goods analysis.
  • Provide strategic advice based on analyzing trends in operations and financial performance.
  • Assist senior management with financial analysis and prospective decisions.
  • Build solid working relationships with business and department leaders.
  • Have a thorough understanding of and the ability to review contracts.
  • Perform other duties as assigned by executive leadership.
  • Some Travel Required.

Requirements

  • B.S. in Accounting or Finance from 4-year college/university or equivalent
  • Minimum 5-7 years of related work experience
  • Experience in developing and implementing policies and procedures as well as financial systems and controls
  • Capable of handling all aspects of the accounting cycle and principles and techniques of venue operation
  • Experience using Excel, Word, and PowerPoint
  • Experience in the facilities/arena management industry (Preferred not Required)
  • CPA preferred

Benefits

  • Competitive salary range $120,000 - $150,000 plus bonus potential
  • Generous benefits package that includes medical, dental, vision, life and disability insurance
  • Paid vacation
  • 401(k)

Job Keywords

Hard Skills
  • Accounts Receivable
  • B
  • Balance Sheet
  • Corporate Accounts Payable
  • Financial Statements
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Soft Skills
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