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Director of Financial Reporting & Technical Accounting
$168k-214k (estimate)
Full Time 1 Month Ago
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Creative Artists Agency is Hiring a Director of Financial Reporting & Technical Accounting Near Los Angeles, CA

Job Description Who We Are Creative Artists Agency (CAA) is the leading entertainment and sports agency, with global expertise in filmed and live entertainment, digital media, publishing, sponsorship sales and endorsements, media finance, consumer investing, fashion, trademark licensing, and philanthropy. Distinguished by its culture of collaboration and exceptional client service, CAA’s diverse workforce identifies, innovates, and amplifies opportunities for the people and organizations that shape culture and inspire the world. The trailblazer of the agency business, CAA was the first to build a sports business, create an investment bank, launch a venture fund, found technology start-up companies, establish a philanthropic arm, build a business in China, and form a brand marketing services division, among other innovations. Named Most Valuable Sports Agency by Forbes for eight consecutive years, CAA represents more than 2,000 of the world’s top athletes in football, baseball, basketball, hockey, soccer, in addition to coaches, on-air broadcasters, and sports personalities and works in the areas of broadcast rights, corporate marketing initiatives, social impact, and sports properties for sales and sponsorship opportunities. Founded in 1975, CAA is headquartered in Los Angeles, and has offices in New York, Nashville, Memphis, Chicago, Miami, London, Munich, Geneva, Stockholm, Shanghai, and Beijing, among other locations globally. The Role CAA is seeking an experienced Director of Financial Reporting to expand CAA’s Financial Reporting team and participate in our dynamic growth. Based in Los Angeles, this position will support the Financial Reporting Department with US GAAP, IFRS and Management reporting responsibilities as well as oversee the accounting and valuation of the Company’s investment portfolio. The individual will also assist with ad-hoc technical accounting analyses including, but not limited to, business combinations, debt modifications, asset acquisitions, investments, consolidations, derivatives and equity accounting all under both US GAAP and IFRS. The individual will be part of a growing team and be responsible for assisting the organization with identifying value-add opportunities to promote process standardization, efficiencies and overall department performance improvement. It is critical that the individual in this role is able to be flexible and agile in adapting to changing circumstances and priorities and can effectively execute in a hybrid working environment. Responsibilities Lead the investment accounting process, including recommending and implementing process improvements in partnership with the strategic development department, managing relationships with our various investment contacts (both internal and external) and writing of technical memos to analyze and document investment accounting and valuation conclusions (under both US GAAP and IFRS as needed). Become a key liaison with various domestic teams as part of monthly and quarterly management, investor and bank reporting requirements. Assist in creating subsidiary financial reporting packages. Assist in global consolidation including, but not limited to, calculating, reviewing and/or posting elimination entries and ensuring accuracy of monthly equity activity and balances. Participate in implementation of accounting and/or reporting related systems. Assist with bi-annual IFRS reporting requirements, including preparation/review of US GAAP to IFRS adjusting journal entries and other supplementary schedules. Assist in preparation of US GAAP annual financial statements including coordination and communication with our domestic subsidiaries to ensure all timely submission information needed for the consolidated financial statement disclosures. Assist with the coordination and management of annual external audit process. Regularly collaborate with general ledger group and other internal stakeholders to identify, research, and/or communicate findings on accounting-related questions regarding new/non-recurring business transactions and other non-routine matters, in accordance with US GAAP and IFRS, including writing of technical accounting memos to document the conclusions reached. Interact with external audit team on various technical issues that arise. Review, update and maintain control documentation. Lead continuous improvement efforts to existing process through automation and partnership with various departments. Qualifications Bachelor’s degree in Accounting, Finance, Business with an emphasis in Accounting, or a related field preferred. 10 or more years accounting experience. Public accounting experience a plus. Certified Public Accountant (CPA) license required. Experience managing a team and working in a hybrid environment. Strong knowledge of US GAAP, with experience in ASC 810 (consolidation), ASC 842 (leases), ASC 718 (share-based comp/equity), ASC 805 (business combinations), ASC 820 (fair value), ASC 815 (derivatives and hedging), ASC 321 (investments - equity securities) and ASC 323 (investments - equity method and joint ventures) preferred. Experience with technical accounting memo documentation. Strong knowledge of reporting requirements with experience in footnote disclosure preparation preferred. Experience in dealing with differences in management reporting requirements vs. GAAP reporting requirements. Knowledge of IFRS preferred, but not required. Strong organizational skills and attention to detail. Proven ability to manage multiple priorities, complex projects and meet deadlines. Experience managing processes and projects that involve collaborating with teams across the organization. Previous experience utilizing financial management software packages: MS Dynamics AX and Workiva preferred, but not required. Excellent computer skills; experience in accounting software, Microsoft Office Suite, including advanced Excel skills. Location This role is located in the Los Angeles office. Compensation: The annual base salary for this position is in the range of $165,000 - $200,000. This position also is eligible for benefits and discretionary bonus. Ultimately, the salary may vary based upon, but not limited to, relevant experience, time in role, business sector, and geographic location, among other criteria. Please talk with a CAA Recruiter to learn more. Creative Artists Agency, LLC (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate on the basis of race (inclusive of traits historically associated with race, including hair texture and protective hairstyles), color, religion, creed, gender or sex (including pregnancy, childbirth, breastfeeding or related medical conditions), national origin, ancestry, age, physical disability, mental disability, medical condition, genetic information, family and medical care leave status, military or veteran status, marital status, family status, sexual orientation, gender identity, gender expression, political affiliation, an employee’s or their dependent’s reproductive health decision making (e.g., the decision to use or access a particular drug, device or medical service), or any other characteristic protected by applicable law. The Company also complies with the Americans with Disabilities Act and applicable state and local laws with regard to providing reasonable accommodation for qualified individuals with disabilities. CAA does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by CAA to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that CAA will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. Creative Artists Agency (CAA), is the world’s leading full service entertainment, media, and sports agency. We represent many of the most successful professionals working in television, film, music, theatre, video games, sports, and digital content. We also provide a range of strategic and marketing consulting services to corporate clients.

Job Summary

JOB TYPE

Full Time

SALARY

$168k-214k (estimate)

POST DATE

05/18/2024

EXPIRATION DATE

07/16/2024

WEBSITE

caa.com

HEADQUARTERS

NEW YORK, NY

SIZE

15,000 - 50,000

FOUNDED

1975

TYPE

Private

REVENUE

$500M - $1B

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About Creative Artists Agency

CAA is a talent and sports agency that provides strategic marketing and consulting services for the entertainment sector.

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