Madison Square Garden Network

Senior Accountant

Madison Square Garden Network$90K — $110K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business/accounting or related field preferred
  • 3-5+ years accounting experience
  • Public/private accounting experience preferred
  • Proficiency in Excel and knowledge of automated environments
  • Experience with revenue recognition under ASC 606 preferred
  • CPA credential preferred
  • Experience with ERP systems like Oracle Cloud or similar platforms preferred

Responsibilities

  • Review new sponsorship and partnership agreements for compliance
  • Analyze sponsorship contracts for proper revenue recognition
  • Liaise with cross-functional teams on revenue and accounting matters
  • Prepare journal entries for sponsorship revenue and commissions
  • Monitor sponsorship fulfillment schedules to ensure revenue accuracy
  • Manage month-end close activities related to sponsorship revenue
  • Collaborate with auditors for required information during reviews

Benefits

  • Work in a dynamic sports environment
  • Opportunity to influence financial operations of a leading sports organization
  • Engage in cross-departmental collaboration with legal, marketing, and operations
  • Participate in meaningful audits that support financial integrity
  • Experience with high-profile sponsorship deals and partnerships
  • Opportunity for career growth within a reputable organization
Full Job Description
This role is primarily responsible for the accounting operations of MSG Sports including preparation and recording of required journal entries, timely and accurate recognition of sports teams revenue (including marketing partnerships), monthly financial close processes, monitoring of financial results to facilitate financial analysis, effective operation and monitoring of the Company's Internal Control Over Financial Reporting with respect to MSG Sports and facilitation of the external audit process. What will you do? • Review new sponsorship, advertising, and partnership agreements, amendments, and deal changes; • Analyze sponsorship contracts and related deliverables for revenue recognition in accordance with ASC 606; • Liaise with Marketing Partnership Finance, Legal and Operations teams regarding sponsorship revenue and fulfillment support and related accounting matters; • Review Accounts receivable aging and liaise with collections team; • Preparation of journal entries related to sponsorship revenue, commissions, and related accruals; • Review of sponsorship revenue transactions to ensure timely and accurate recognition and reporting of sales activity; • Monitor and analyze sponsorship fulfillment schedules and weekly partnership files to ensure completeness and proper classification of revenue; • Responsible for month end close activities with respect to marketing partnerships revenue, including but not limited to: • Monthly preparation and/or review of general ledger postings related to sponsorship revenue and related accruals, • Preparation of balance sheet reconciliations, • Preparation of income statement and balance sheet variance analyses, including analysis supporting the Company's MD&A, • Analysis of deferred revenue and contract asset balances; • Related Party Transactions Support, including management of payments and application/allocation between MSG Sports and MSG Entertainment; • Will work with both internal and external auditors in providing them with required information during quarterly reviews and annual audits; • Special projects as necessary; • Strict adherence to the timelines established for all reporting. • Provide exceptional experiences for our guests, partners, and team members, including by adhering to our appearance and presentation guidelines while on-site. What will you need to suceed? • Bachelor's degree preferred in business/accounting or related field • Public/private background preferred with excellent communication skills, both verbal and written • 3-5+ years accounting experience • Experience with revenue recognition under ASC 606 preferred • Strong analytical and organizational skills • CPA preferred • Must be proficient in Excel and possess knowledge of automated environments • Experience with ERP systems such as Oracle Cloud or similar platforms preferred #LI-Onsite Pay Range $90,000-$110,000 USD

About Madison Square Garden Network

Madison Square Garden Network is an American regional sports network that is primarily owned by the Madison Square Garden Company, with a minority stake held by Charter Communications. The network primarily serves the New York City metropolitan area, with additional coverage in other parts of New York State, as well as New Jersey and Connecticut. The network broadcasts a wide range of sports events, including games featuring the New York Knicks and New York Rangers. Madison Square Garden Network was founded in 1969 and is headquartered in New York, New York.
Learn more about Madison Square Garden Network
Size
1,000 employees
Industry
Founded
2015

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