Accounting and Finance Analyst, IMS

Indianapolis Motor Speedway; Indianapolis (IN); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical, dental, vision, and life保险

401(k) with 100% company match up to 5

Paid vacation, personal, and sick days

12 paid holidays

Parental leave and tuition assistance

On-site fitness center

Discounts on meals and gear

Job summary

The Accounting and Finance Analyst at Indianapolis Motor Speedway works with IMS departments to support accounting operations, budgeting, forecasting, and financial reporting. This role helps analyze financial results, prepare key reports, support month-end close activities, maintain accurate financial records, and identify opportunities to improve processes and efficiencies.

This entry-level role emphasizes month-end close, variance analysis, and partnership with the Accounting Manager to drive

Qualifications

• Entry-level position; prior internship or up to 1 year of related experience preferred.
• Working knowledge of US GAAP.
• Experience with financial and management reporting.
• Advanced Microsoft Excel skills with complex formulas and pivot tables.
• Strong analytical skills with ability to explain variances and trends.
• Attention to detail and excellent organizational skills.
• Ability to prioritize deadlines and deliver accurate results under time pressure.
• Innovative thinker and self-starter.
• Effective communication and collaboration skills.
• Experience with Microsoft Dynamics GP and/or Workday Adaptive is a plus.

Responsibilities

• Prepare monthly journal entries including expense accruals, prepaid amortization, and event reclassifications.
• Reconcile balance sheet accounts and resolve discrepancies.
• Review AP invoice GL coding for accuracy and consistency with chart of accounts and financial plan.
• Prepare documentation for recurring third-party invoices.
• Prepare quarterly music rights reporting.
• Support the year-end audit by gathering documentation and/or preparing schedules.
• Partner with the Accounting Manager to prepare monthly reporting packages and variance analyses.
• Review monthly results with department heads and document drivers of variances to plan.
• Support the annual plan and forecasts, including management of the planning system.
• Analyze key business operations and metrics.
• Serve as a financial business partner to IMS departments.
• Identify and implement process improvements to increase accuracy and efficiency.
• Complete ad-hoc reporting and analysis requests.

Skills

US GAAP knowledge

Advanced Excel

Analytical skills

Communication skills

Prior internship experience

Education

Bachelor’s degree in accounting or finance

Tools

Microsoft Excel

Microsoft Dynamics GP

Workday Adaptive

Job description

POSITION TITLE

Accounting and Finance Analyst, IMS

REPORTS TO

Accounting Manager, IMS

LOCATION

Indianapolis, IN

FLSA STATUS

Exempt

EMPLOYMENT TYPE

Full-Time

ABOUT US

At Penske Entertainment, we don't just host world-class events, we create unforgettable moments. Our team fuels four iconic motorsports brands:

• Indianapolis Motor Speedway (IMS) - home of the world's largest spectator sporting facility and annually hosts the world's most prestigious auto race: the Indianapolis 500 presented by Gainbridge.
• INDYCAR - The Indianapolis-based governing body for North America's premier open-wheel auto racing series, the NTT INDYCAR SERIES, and its developmental series, INDY NXT by Firestone.
• IMS Productions - A multifaceted broadcast and multimedia division that helps bring INDYCAR and IMS events to life for global audiences.
• Motorsports Events Management (MEM) - Promotes major events featuring premier motorsports series throughout the United States.

Whether on the track, behind the scenes, or on the screen, our people are at the heart of everything we do. If you're ready for a career where excitement, purpose, and impact collide - we want to meet you.

WHAT YOU'LL DO

The Accounting and Finance Analyst works closely with departments across IMS to support accounting operations, budgeting, forecasting, and financial reporting. This role helps analyze financial results, prepare key reports, support month-end close activities, maintain accurate financial records, and identify opportunities to improve processes and efficiencies.

YOUR RESPONSIBILITIES

Accounting and Month-End Close

• Prepare monthly journal entries including expense accruals, prepaid amortization, and event reclassifications
• Reconcile balance sheet accounts and resolve discrepancies
• Review AP invoice GL coding for accuracy and consistency with chart of accounts and financial plan
• Prepare documentation for recurring third-party invoices
• Prepare quarterly music rights reporting
• Support the year-end audit by gathering documentation and/or preparing schedules

Financial Planning and Analysis

• Partner with the Accounting Manager to prepare monthly reporting packages, with an emphasis on variance analysis
• Review monthly results with department heads and document the drivers of variances to plan
• Support the annual plan and forecasts, including management of the planning system
• Analyze key business operations and metrics

Business Partnership and Process Improvement

• Serve as a financial business partner to IMS departments
• Identify and implement process improvements that increase accuracy and efficiency
• Complete ad-hoc reporting and analysis requests

WHAT YOU BRING

We're looking for someone who's ready to bring great effort every day and is committed to growing with us.

Required Experience & Skills

• Entry-level position; prior internship or up to 1 year of related experience preferred
• Working knowledge of US GAAP
• Experience with financial and management reporting
• Advanced skills in Microsoft Excel, including complex formulas and pivot tables
• Strong analytical skills, with the ability to explain variances and trends
• Attention to detail and excellent organizational skills
• Ability to prioritize competing deadlines and deliver accurate results under time pressure
• Innovative thinker and self-starter
• Effective communication and collaboration skills
• Alignment with Penske Entertainment’s core values and standards
• Experience with Microsoft Dynamics GP and/or Workday Adaptive is a plus

Education

• Bachelor’s degree in accounting or finance

Leadership

• This role does not have direct supervisory responsibilities.

FLEXIBILITY & TRAVEL

• Standard hours are Monday-Friday, 8:30 AM to 5:00 PM
• Extended hours required during race weekends and key event periods (especially May)
• Our teams work together to create flexibility that supports life in and out of work

PHYSICAL DEMANDS

• Primarily desk-based work involving extended periods of computer use
• Extended periods of standing or walking (as needed)
• Comfort working indoors/outdoors and around event noise

WORK ENVIRONMENT

• Fast-paced, collaborative office and event settings

BENEFITS & PERKS

We take care of our team with a competitive benefits package that includes:

• Medical, dental, vision, and life insurance
• 401(k) with 100% company match up to 5%
• Paid vacation, personal, and sick days + 12 paid holidays
• Generous paid parental leave and tuition assistance
• On-site fitness center and wellness programs
• Discounts on meals, gear, and more

EQUAL OPPORTUNITY

Penske Entertainment is proud to be an equal opportunity employer. We're committed to creating a workplace where everyone can thrive - regardless of race, gender, orientation, background, or ability.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.