Controller

Socket.dev

Detroit (MI)

On-site

USD 120,000 - 190,000

Full time

3 days ago
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Job summary

Detroit Red Wings seeks a senior financial controller to lead the accounting and finance functions, including forecasting, budgeting, and monthly closing. You will manage AP/AR, treasury, internal controls, and interact with the HR and department leaders to ensure accurate financial reporting.

The role emphasizes GAAP compliance, oversight of audits, and delivering timely financial information to support strategic decisions within a sports entertainment organization.

Qualifications

  • Bachelor’s degree in finance or accounting required.
  • Strong knowledge of GAAP and financial reporting.

Responsibilities

  • Oversee monthly closing and ensure accuracy of general ledger reconciliations.
  • Lead forecasting, budgeting and variance analyses with department leaders.
  • Manage accounts payable, accounts receivable and treasury functions.
  • Coordinate annual financial audit and respond to auditor requests.

Skills

Financial reporting
GAAP knowledge
Forecasting
Budgeting
Accounts payable
Accounts receivable
Internal controls
ERP systems
Microsoft Excel

Education

Bachelor’s degree in finance or accounting

Tools

Microsoft Excel
ERP systems

Job description

Job Summary

The Controller is responsible for overseeing, organizing, planning, directing and evaluating the accounting and finance functions for the Team. This includes the following functions: accounting, internal and external financial reporting, accounts payable, accounts receivable, forecasting, financial analysis, variance analysis, and financial projects. The Controller also supports budgeting and league reporting and ensures financial policies, procedures and internal controls are adhered to.

Key Responsibilities
  • Manage the monthly forecasting process, including detailed review of all forecasts and collaborating with Department Leaders across the organization to develop realistic financial projections that can be used to drive timely decision making and are in-line with the Company’s strategy objectives. Prepare associated monthly reporting for leadership including variance analyses.

  • Support development of the annual budget, including management and organization of supporting files; creation of a timeline and key objectives and tracking progress towards completion; and detail review of all budgets. Collaborate across the company with Department Leaders to find efficiencies, drive value and establish a budget in-line with GAAP and organizational strategic priorities.

  • Responsible for accurate, complete and timely monthly closing of accounting records and ensuring all general ledger reconciliations are completed in accordance with established processes and schedules.

  • Oversee Accounts Payable, Accounts Receivable, and Treasury functions, including review and approval all vendor invoices, authorization of all payments and review and management of private events invoicing.

  • Interface with payroll department to ensure completeness and accuracy of all payrolls including appropriate account and cost center coding, complete posting to the GL and appropriate payment of all applicable withholdings. Prepare monthly salaries forecast and annual salaries budget including collaborating with the HR department and Department Leaders to ensure appropriate reporting of open positions, resignations and promotions.

  • Monitor and assess the performance of accounting, accounts payable and accounts receivable staff, including all performance evaluations, hiring, coaching and disciplinary action activities.

  • Manage the annual financial audit and serve as the primary point of contact, including detailed review of financial statements and related footnotes, responding to auditor requests and managing the preparation of supporting documentation.

  • Assist with League reporting requirements and ad-hoc requests. Manage the annual revenue sharing audit including serving as the primary point of contact, responding to auditor requests and management and distribution of auditor requests.

  • Assist the VP of Finance in responding to requests for financial data from various sources (League, Bankers, ownership).

  • Create and implement policies and best practices to facilitate the production of timely, accurate, and actionable financial information in an efficient manner for multiple levels of the organization.

  • Foster organizational awareness by maintaining positive relationships with other business units, departments and third parties, providing exceptional customer service satisfaction.

  • Aggressively identify inefficiencies in financial processes and implement innovative process improvements to reduce the time required to close the books and reconcile account balances.

  • Provide financial reporting and act as liaison to IHI tax department.

  • Provide support for strategic planning efforts, including capital budgeting, ROI/profitability analysis, and project management to ensure informed financial decision-making.

  • Review monthly sales and use tax payments and annual returns.

  • Lead and direct the finance and accounting team to generate maximum efficiency and productivity by developing staff, utilizing meaningful metrics, establishing clear goals and by continuous review of policies and procedures.

  • Collaboratively review financial information with key stakeholders to identify insights and drive strategic decision making.

  • Promote a collaborative, innovative, and fun environment within the Finance team and across the broader organization.

Required Knowledge, Skills, and Abilities
  • Bachelor’s degree in finance or accounting with a minimum 10 years of broad financial and accounting experience in a dynamic, diversified service organization (sports and live entertainment experience is preferred).

  • Thorough knowledge of accounting principles to ensure that financial results are in conformity with Generally Accepted Accounting Principles, including strong accounting technical research skills.

  • Strong knowledge of both internal and external financial reporting requirements.

  • Proven ability to think strategically and develop and implement solutions that address strategic business objectives.

  • Strong project management and process improvement skills, including demonstrated ability to think end-to-end and manage multiple projects simultaneously.

  • Highly organized, self-driven business style with strong ability to prioritize, multitask, and direct the work of support staff.

  • Outstanding interpersonal and relationship building skills with the ability to work across all departments and vertically at all levels of the organization.

  • Proven problem-solving skills that support sound issues resolution.

  • Strong attention to detail and accuracy with high standards for quality; the ability to keep accurate and detailed records; and the ability to analyze the effectiveness of procedures and controls.

  • Demonstrated leadership and development skills to properly train and develop staff to meet department objectives.

  • Possess the highest integrity and ethical standards and the ability to command and inspire trust with all constituents.

  • Advanced Microsoft Office (Excel, PowerPoint, Word) and ERP system skills.

Working Conditions
  • Office environment

  • Standard business day plus overtime as needed to meet job responsibilities and deadlines.

  • Frequent visual/auditory attention.

Disclaimer

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

All items listed above are illustrative and not comprehensive. They are not contractual in nature and are subject to change at the discretion of Detroit Red Wings.

Detroit Red Wingsis an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regards to that individual’s race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender identity, age, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law.

The Company will strive to provide reasonable accommodations to permit qualified applicants who have a need for an accommodation to participate in the hiring process (e.g., accommodations for a job interview) if so requested.

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