This individual has a leadership role in the external reporting activities for MSG Networks Inc. and its subsidiaries which includes the preparation of quarterly and annual documents that are filed with the Securities and Exchange Commission (“SEC”), including the preparation of Management’s Discussion and Analysis and footnote information disclosed within these documents. Review of the Company’s annual and quarterly press releases to the public in order to identify any potential issues which may require a change in the disclosure in the related filing with the SEC or the release itself. Also responsible for assisting in the preparation and the review of other SEC filings that arise as a result of debt and/or equity offerings, as well as Form 8-Ks, proxy statements, etc.
This position has overall responsibility for technical accounting matters including research and documentation related to current and emerging accounting issues. Responsible for ensuring the Company’s continuing compliance with accounting rules promulgated from regulatory bodies which include the SEC and the Financial Accounting Standards Board. In addition, the position is responsible for the evaluation of new accounting standards / pronouncements. This would include (i) obtaining an understanding of the rule/pronouncement, (ii) determining its applicability to the Company, (iii) assist with the development and implementation of the Company’s adoption plans and (iv) ensuring that controls are in place and are adequate to support the criteria outlined in the rule/pronouncement (as applicable).
This position also has the following operational accounting responsibilities: (i) pension accounting, (ii) share-based compensation accounting, (iii) other employee compensation and benefit accounting, and (iv) the review of Capital Expenditure requests, including those related to internally developed software (to determine appropriateness of capitalization).
In addition, this position is responsible for the performance of the Company’s annual goodwill impairment analysis, including the management and oversight of any assisting 3rd Party Specialists, as necessary. This role will also assist in the preparation of financial statements of the Company’s subsidiaries in satisfying covenants on existing debt outstanding.