Director Technical Accounting Policy & External Reporting

US-NY-New York
Requisition ID
17-7529
Division
Media
Functional Area
Accounting/Finance

Overview

An industry leader in sports production, and content development and distribution, MSG Networks Inc. owns and operates two award-winning regional sports and entertainment networks, MSG Network (MSG) and MSG+, and a live streaming and video on demand platform, MSG GO. The networks are home to 10 professional sports teams, delivering live games of the New York Knicks; New York Rangers; New York Islanders; New Jersey Devils; Buffalo Sabres; New York Liberty; New York Red Bulls and the Westchester Knicks, as well as coverage of the New York Giants and Buffalo Bills. Each year, MSG and MSG+ collectively telecast approximately 500 live professional games, along with a comprehensive lineup of other sporting events, including college football and basketball, and critically-acclaimed original programming. The gold standard for regional broadcasting, MSG Networks has won 162 New York Emmy Awards over the past ten years.

At MSG Networks Inc. we value diversity and are looking for extraordinary employees of all backgrounds! MSG Networks Inc. and its direct and indirect subsidiaries and affiliates are Equal Opportunity Employers that provide equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, citizenship, age, genetic information, disability, or veteran status and, in addition to federal law requirements, comply with all applicable state and local laws governing nondiscrimination in all locations.

Responsibilities

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.

Qualifications

Required Qualifications:

  • Bachelor’s Degree in Accounting required
  • CPA License required
  • Minimum 7+ years of progressive accounting experience
  • Must have shown significant success and progression in prior work experience(s)
  • Must have experience working with SEC clients (if coming from public accounting) or at an SEC Registered Company (if coming from private)
  • Must be current on both quarterly and annual SEC disclosure requirements, as well as current generally accepted accounting principles. Experience required in the accounting for the following areas: Revenue recognition, including deferred revenue, specifically as it relates to arrangements with multiple deliverables
  • Must have shown the ability to consume large amounts of data / information and be able to extract and summarize relevant facts
  • Must have shown the ability to perform independent accounting research and the subsequent framing and documentation of accounting issues along with the related conclusions
  • Must have shown the ability to work independently while effectively prioritizing multiple tasks
  • Must be proficient in Microsoft Office, including Excel, and possess knowledge of automated environments.
  • Effective written and oral communication skills
  • Excellent developmental and motivational techniques
  • Project management: ability to keep projects on track
  • Must possess a strong, flexible work ethic that meets tight deadlines
  • Strong sense of integrity, responsibility and accountability
  • Ability to establish relationships with business partners, including external auditors
  • Presentation skills necessary

Preferred Qualifications:

  • Prior experience working at a Big 4 accounting firm preferred.
  • New Revenue Recognition standard experience preferred.
  • Experience in entertainment or media industry a plus.

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