Summary: The accounting department is responsible for ensuring that the financial results of the Sacramento Kings and Sleep Train Arena are accurately presented to Company leadership under U.S. GAAP. The Senior Accountant will be responsible for month-end close functions, projects, consistent application of revenue recognition policies and procedures, including the reconciliation of revenue transactions, the deferral of revenue, and the recording of other liabilities for the team and arena. This role works closely with our Sales teams and Sales Operations teams. This position will have the responsibility of supporting all parts of our financial reporting process and will be expected to understand internal control design concepts sufficient to assess the effectiveness of controls in their area. Technical accounting research and writing will also be a requirement of this position. We seek a candidate who demonstrates excellent teamwork skills, an aptitude for systems technology, and a willingness and expectation to partner with a rapidly evolving environment.
Key Responsibility Areas:
Responsible for recording journal entries and reconciling complex general ledger accounts.
Record and reconcile income statement and balance sheet transactions.
Develop and prepare accurate and timely ad-hoc analysis to explain financial results and variances for management.
Reconcile sales transactions within the Companies’ revenue sub-ledgers, point-of-sale systems, and sales contracts to ensure accuracy of the data and integrity of revenue in the general ledger.
Audit sales transactions to ensure compliance with U.S. GAAP and the Companies’ revenue recognition policy.
Ensure the accuracy and timeliness of processing and reporting financial data.
Assists with financial forecasting and budget preparation.
Responsible for (our multiple) annual audit preparation and inquiries related, but not limited, to the primary functions of this role.
Maintain internal control policies and procedures, including developing and enforcing standards.
Maintain accounting principles, practices, policies and procedures to ensure U.S. GAAP compliance.
Proactively identify risks and areas of improvement and make recommendations
Serve as a mentor and resource for other department team members.
Act as accounting lead on assigned projects and initiatives. This will include collaborating with various team members in gathering and documenting requirements (both accounting treatment and systems), reviewing results as well as monitoring implementation and issue resolution.
Responsible for other duties, as assigned.
Bachelor’s degree in Accounting
6+ years of accounting experience, preferably including revenue accounting experience and multiple element arrangements
Ability to maintain confidence and protect the Companies’ financial information
Comprehensive knowledge and understanding of accounting best practices, Generally Accepted Accounting Principles (GAAP) and FASB codification
Working understanding of internal control framework and a solid understanding of the concepts of control design and operational efficiency
Understand business drivers and their effect on financial results to ensure financial data are accurately reflected in the financial statements and analysis
A demonstrated history of solving multiple and complex business arrangements and accounting challenges
Proven experience in dealing with the evaluation of risk, analysis of possible outcomes, and making good decisions based on the information given
Excellent verbal and written communication skills including the ability to interact professionally with all levels of the organization
Strong time management skills, ability to work independently, balance multiple projects simultaneously, and act as primary owner of individual projects while incorporating an exceptional attention to detail
Ability to work under pressure, remain flexible in a fast paced, rapidly growing environment
Collaborative and customer service work style
Requires advanced Microsoft Excel skills as well as the ability to mine for, manipulate, and manage large amounts of data, including the ability to write algebraic expressions in Excel
Experience with Ticketmaster applications, Sage 100, and TMSS time and attendance systems preferred.
Ability to work overtime, nights and weekends
When you apply for this job online, you will be required to answer the following questions:
1. Why are you interested in this position?
2. Please tell me about a complex project you were tasked with completing under a time deadline.
3. What have you done recently to become better at accounting?
4. What are your salary expectations?