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Senior Manager Finance, Sphere Venue Ops
United States , New York
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Posted: 2023-02-02
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Job Overview & Requirements
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Who are we hiring? The Senior Finance Manager is responsible for FP&A functions supporting/overseeing Core Entertainments Venue Operations group across all MSG Venues and MSG Las Vegas Sphere (as we prepare to open in the 2nd quarter of FY24). The current annual operating plans for both Divisions are approximately $100m & $175m respectfully. The responsibilities include preparation of the annual budget, monthly forecasts, as well as month end reporting & analysis for operating and Capital expenses. The Senior Finance Manager will work closely with the Venue Operations teams for each respective area to ensure all material variances are known and reported on a monthly management reporting package, as well as establishing FP&A process for Las Vegas Sphere, to ensure consistency with base business. What will you do? • Setup up MSG Sphere entity/department combinations and appropriate rollups/hierarchy to build out Sphere Venue P&L’s. Partner with 3rd party procurement agent & Accounting team to ensure accurate tracking and recoding of ~$60m in FF&E (Furniture, Fixtures & Equipment). • Familiarize Sphere Venue Operations team with financial reporting packages and deliverables for Operating, Capital expenses and Headcount. • Preparation/oversight of monthly forecasts, annual budget, and Long-Range Plan for all MSG Venues including MSG Sphere. • Prepare month end reporting variance analysis and present results to EVP’s, GM’s & department heads, as well as consolidate total Venue Operations CFO package for MSGE & MSG Sphere. • Maintain in real time full time administrative compensation planning model and reporting for Sphere Venue Operations. • Analyze and track Venue labor, to ensure event related wages & benefits are charged out appropriately for all venues. • Oversee & develop Staff Member who will be responsible for the following Areas: Beacon & Chicago Theaters, Knicks & Rangers Day of Game, Office Services Financial Planning & Analysis, Food & Merch post event flash reports for all events at all Venues as well as preparing event/project estimates for Teams, & Corporate special events. • Other responsibilities include supporting the Operations teams with day-to-day financial requests, including ad hoc analyses, approving purchase orders, providing coding, etc. • Prepare union cost outs to for SVP of Legal during negotiations. • Collaborate with Data & Analytics team to continually enhance the Venues reporting process as well as overall operations. What do you need to succeed? • BS in Business/Accounting/Finance or related field, MBA a plus. • Prior Financial Accounting & Financial planning background required. • 6+ years’ experience in Finance/Accounting, preferably in financial analysis and budgeting in the Entertainment or Sports industry. • Knowledge of facilities finance which includes Union/Part time labor, rent & property tax, utilities, repairs & maintenance. • Strong systems/software knowledge, systems currently utilized by MSG, Excel, Oracle GL, Oracle planning (Hyperion), Tableau. Why is MSG for me? Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment. The Company presents or hosts a broad array of events in its diverse collection of venues: New York’s Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; and The Chicago Theatre. MSG Entertainment is also building a new state-of-the-art venue in Las Vegas, MSG Sphere at The Venetian. In addition, the Company features the original production – the Christmas Spectacular Starring the Radio City Rockettes – and through Boston Calling Events, produces the Boston Calling Music Festival. The Company’s two regional sports and entertainment networks, MSG Network and MSG+, deliver a wide range of live sports content and other programming. Also under the MSG Entertainment umbrella is Tao Group Hospitality, with entertainment dining and nightlife brands including: Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan and Omnia. More information is available at www.msgentertainment.com. We invite you to create an exceptional career at MSG At MSG, we recognize the importance of upskilling employees’ talents and strengths so they can drive their careers forward. We are proud to offer a robust set of tools and resources to help employees understand their interests and purpose, harness their talents and obtain the skills they need to reach the next step in their careers. Growth and longevity for our employees are top priorities here. We value diversity and are looking for extraordinary employees of all backgrounds At MSG we value diversity and are looking for extraordinary employees of all backgrounds! MSG is an Equal Opportunity Employer and provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, sexual and reproductive health choices, national origin, citizenship, age, genetic information, disability, or veteran status. In addition to federal law mandates, MSG complies with all applicable state and local laws governing nondiscrimination in all locations and will consider requests for reasonable accommodations as required.
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Job Summary
Category
Administrative
Country
United States
City
New York
Employment Type
Full Time
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