Why would I want this job?
About the Company
Our client is a unified platform that integrates M&A, brand strategy, creativity and digital innovation to unlock the power of its global Lifestyle and Entertainment portfolio. As the world’s largest sports and entertainment licensing company, they connect strong brands with best-in-class partners to optimize long-term value in the marketplace. Its brands generate more than $32 billion in global annual retail sales and have an expansive retail footprint in more than 150 countries, including 13,000-plus freestanding stores and shop-in-shops and 400,000 points of sale. The company transforms brands by delivering powerful storytelling, compelling content, innovative business models and immersive experiences. It creates original marketing strategies to drive the success of its brands across all consumer touchpoints, platforms and emerging media
What You’ll Do
The Company is in the process of building a team to oversee all matters pertaining to their technical accounting. The Senior Manager of Technical Accounting will report directly to the VP of Technical Accounting and will serve as a subject matter expert on complex accounting issues, including business combinations, revenue recognition, debt, lease accounting, stock-based compensation, and other areas of U.S. GAAP. This role will be responsible for analyzing complex transactions and developing and maintaining the Company’s accounting policies and procedures.
What would I be doing?
What you’ll be working on:
• Conduct technical accounting research related to new and/or proposed transactions.
• For M&A transactions: manage purchase accounting, integration of acquired entities and assessment of valuation models.
• Evaluate changes to Accounting Standards Codifications (ASC), SEC regulations and regulatory reporting requirements, and communicate impact on the company’s financial reporting.
• Proactively collaborate cross-functionally to ensure that accounting impacts of significant and unusual transactions are communicated timely and accounted for properly.
• Proactively work with external auditors to drive timely closure of technical accounting matters.
• Assist in the month-end close processes as it pertains to complex/nonrecurring transactions.
• Work closely with finance, treasury, tax, legal and other departments to address technical accounting issues that impact various aspects of the business.
• Prepare technical accounting memos and whitepapers to document the company’s positions on complex accounting matters.
• Collaborate with external valuation experts regarding recurring 409A valuations and valuations of acquired businesses, goodwill and trademarks; coordinate and assist with the annual impairment testing on goodwill and indefinite useful life intangibles.
• Establish and/or maintain accounting policies and ensure company-wide compliance with policies.
• Perform various ad hoc projects as requested.
What would make me qualified?
Must Haves
• Minimum 8 years of accounting experience.
• Minimum of 3 years “big four” public accounting experience.
• Bachelor’s degree in accounting; master’s degree preferred not required.
• CPA required.
• Knowledge of FASB and SEC requirements, Generally Accepted Accounting Principles and accounting best practices.
• Excellent oral and written communication skills; ability to tailor communication of technical concepts to various audiences.
• Licensing experience preferred but not required.
• Business combination experience preferred but not required.
• High attention to detail, excellent organizational skills and the ability to multitask.