Los Angeles Football Club is hiring: Accounting Manager in Los Angeles

OVERVIEW

The Los Angeles Football Club (LAFC) is an MLS soccer club serving the greater Los Angeles area. LAFC is dedicated to building a world-class soccer club that represents the diversity of Los Angeles and is committed to delivering an unrivaled experience for fans. LAFC's ownership group is comprised of local leaders and innovators of industry with intellectual capital, financial prowess, operations expertise, and success in the fields of entertainment, sports, technology, and media. LAFC is invested in the world's game and Los Angeles, constructing, and developing the 22,000 seat BMO Stadium and a top-flight training center on the campus of Cal-State Los Angeles.

POSITION SUMMARY

A detail-oriented Accounting Manager to lead our accounting team and oversee the daily financial operations of the company. This role is critical in ensuring the accuracy of our financial statements, maintaining robust internal controls, and supporting the company's financial objectives. The Accounting Manager plans, directs, and manages all aspects of day-to-day accounting, and banking for all legal entities. In addition, this position will assist in implementing accounting processes and procedures to enhance overall effectiveness.

LAFC is currently operating on a hybrid work model with a minimum of 1 - 2 in-office days per week. Please note that this may vary by role, and your scheduled in-office days are up to the discretion of your supervisor.

ESSENTIAL FUNCTIONS

Financial Reporting:

• Assist in the preparation and review of monthly, quarterly, and annual financial statements.
• Ensure compliance with GAAP and other regulatory requirements.
• Manage the general ledger, including the preparation and review of journal entries, account reconciliations, and variance analysis.
• Support monthly settlements with MLS, ACFC, and Stadium Events.
• Support game related ticket settlements for MLS.

Accounts Payable and Receivable:

• Oversee the accounts payable and receivable functions, ensuring timely and accurate processing.
• Resolve any issues or discrepancies related to vendor or customer accounts.
• Monitor and guide the accounts payable processes and transactions to ensure timely processing, coding and preparation of payment files.

Month End/Year End Close:

• Lead the month-end close process, including preparation, review, and approval, as appropriate, of all monthly journal entries, revenue recognition, and all account reconciliations.
• Analyze account activity including researching, identifying, and proposing corrections where appropriate.
• Track and reconcile Fixed Asset related activities including CIP.

Internal Controls:

• Develop, implement, and maintain internal controls to safeguard company assets and ensure accurate financial reporting.
• Identify areas for process improvements and implement best practices to enhance efficiency and drive changes to reduce close cycle time.
• Assist with annual audits (financial, tax, business tax, agreed-upon procedure) including samples, support schedules, analysis questions, and other requirements.
• Liaise with auditors, tax advisors, and other external parties as necessary.

Cash Management:

• Oversee the management of cash and assist with cash forecasts.
• Oversee and manage accounts receivable to ensure timely receipt of cash.
• Manage relationships with financial institutions and oversee banking activities.

Other:

• Provide financial analysis on various activities/special projects.
• Assist with MLS specific reporting as needed.
• Other ad hoc projects and analyses as required.

QUALIFICATIONS

• Bachelor's degree from an accredited College/University in Finance, Accounting, Business, or related field required.
• Minimum of 5 years' experience in an accounting role required, within sports/entertainment industry preferred.
• CPA required.
• Experience with Sage Intacct preferred, not required.
• Detail-oriented and driven self-motivator with a strong work ethic to get the job done.
• Ability to analyze processes and procedures to make improvements.
• Excellent organizational and time management skills.
• Ability to communicate effectively and efficiently - both written and verbal.
• Ability to work productively and multi-task in an unstructured environment with frequent interruptions.
• Working knowledge of Microsoft Office Suite programs (Excel, Access, Power Point, and Outlook).
• Must have a flexible schedule with the ability to work nights, weekends, and holidays as required.

SALARY RANGE

At LAFC, we carefully consider a wide range of factors to determine a fair and equitable compensation package. The final offer amount will consider a wide range of factors that are considered in making compensation decisions including, but not limited to skill sets; relevant experience and training. Pursuant to state and local pay disclosure guidelines, the overall range for this role is up to $125,000 per year.

HIRING PRACTICES

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

LAFC strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

Applicants for employment in the U.S. must possess work authorization, which does not require sponsorship by the employer for a visa.