Senior Accountant

Minnesota Timberwolves; Minneapolis (MN); On-site; USD 100,000 - 110,000; Full time

Benefits offered by this job

Bonus eligibility

Full benefits

Job summary

The Minnesota Timberwolves are seeking a Senior Accountant to join the Finance & Accounting team. The role leads general ledger, month-end close, and audit readiness for league and PA audits, reporting to the Director of Accounting.

The ideal candidate has a public accounting background and 3–6 years of accounting experience, and is eager to own accounting processes with auditors, partners with FP&A and operations, and mentors staff as the team grows.

Qualifications

• Public accounting background preferred.
• 3–6 years of total accounting experience required.
• Bachelor’s degree in Accounting/Finance; CPA license or progress toward licensure a plus.

Responsibilities

• Lead month-end close and general ledger activities.
• Perform reconciliations and variance analyses with clear explanations.
• Support audits by providing documentation and coordinating with auditors.
• Prepare revenue recognition schedules and related entries in US GAAP.
• Assist with internal controls and policy documentation.

Skills

US GAAP

Advanced Excel

NetSuite

Ramp

Analytical skills

Communication

Detail-oriented

Education

Bachelor's degree

CPA license or progress toward licensure

Tools

NetSuite

Ramp

Job description

Why Join the Pack?

We understand that to win championships, it starts with the people. That’s why we’re all teammates with a united focus on fostering a winning culture that empowers, values and recognizes each other. Because working together is how we do what’s right for the communities we live, work and play in. It’s how we innovate, learn and grow as individuals and as a group. And it’s how we elevate lives through the power of basketball.

Position Summary/Objective:

The Senior Accountant is a key member of the Finance & Accounting team, responsible for core general ledger, account reconciliation, and month-end close activities, and serving as the day-to-day accounting lead for league and Players Association (PA) audits. This role reports directly to the Director of Accounting and supports the Minnesota Timberwolves, Lynx, and related entities through accurate and timely financial reporting.

The ideal candidate brings a public accounting background and 3–6 years of total accounting experience, and is interested in taking broad ownership of an organization’s accounting processes and financial records. They excel at detailed reconciliations, clear variance analysis, and working with auditors. They also partner closely with the Director of Accounting, FP&A, and operations teams and mentor staff accountants as the team grows.

In addition, this role supports audit readiness across the accounting function by maintaining organized documentation and ensuring timely responses to auditor requests. Success in this role is defined by timely, accurate close deliverables, audit-ready documentation, and a proactive approach to identifying and resolving variances.

Essential Functions:

Reasonable accommodations may be made to enable individuals to perform these essential functions:

MONTH-END CLOSE & GENERAL LEDGER

• Prepare and post journal entries, accruals, prepaid amortization, and fixed asset and depreciation entries
• Own the monthly close checklist for assigned areas and meet established close deadlines (target: business day 5)
• Reconcile balance sheet accounts, including cash, accounts receivable, accrued liabilities, intercompany, and Ramp card and expense activity in NetSuite, and clear aged items
• Review box office transactions and reconcile ticketing and settlement activity to bank deposits and general ledger records
• Manage accounting activities across multiple legal entities, including intercompany transactions, allocations, reconciliations, and consolidation support

REPORTING & ANALYSIS

• Prepare monthly flux and variance analysis with clear explanations for the Director of Accounting and department leaders
• Support management reporting, board packages and budget-to-actual review's
• Review ticketing, sponsorship, premium, and other revenue contracts; maintain related revenue recognition schedules, including detailed premium (suite-level) schedules by entity, amenities, partner allocations, and taxes; and prepare related entries and reconciliations in accordance with US GAAP

AUDITS, TAX & COMPLIANCE

• Serve as the day-to-day accounting lead for league and Players Association (PA) audits, including preparing initial audit materials, coordinating supporting documentation, and responding to auditor requests
• Assist in preparing annual NBA BRI and CFS reports and quarterly CFS projections, including reconciliation of reported amounts to the general ledger and maintenance of supporting documentation
• Support the annual financial statement audit, including preparation of schedules, coordination of supporting documentation, and timely resolution of auditor requests
• Assist with preparation of annual financial statements and related footnote support
• Help maintain and test internal controls, and document accounting policies and procedures

PROCESS IMPROVEMENT & TEAM SUPPORT

• Identify and implement improvements to close, reconciliation, and AP/AR processes, including opportunities for automation
• Review work prepared by junior accounting team members, provide training and feedback, and serve as a technical accounting resource
• Support NetSuite and Ramp configuration changes, testing and month-end reporting

Proficiencies, Skills, or Equivalent Experiences:

• Strong working knowledge of US GAAP, including accruals, revenue recognition, and account reconciliation
• Advanced Excel skills (pivot tables, lookups, reconciliations)
• Hands-on experience with NetSuite or a comparable ERP, and with an expense management platform such as Ramp
• Strong analytical skills, including variance and flux analysis, with the ability to explain numbers to non-accountants
• Clear written and verbal communication, including with auditors and senior leadership
• Detail-oriented self-starter who thrives in a fast-paced, cross-functional environment
• Experience in sports, media, hospitality, or entertainment, and in multi-entity or multi-element contract accounting, is a plus

Experience:

3–6 years of total accounting experience, including at least 2 years in public accounting (audit or assurance preferred). Experience in sports, media, hospitality, or entertainment, and in multi-entity or multi-element contract accounting, is a plus. Experience reviewing the work of junior staff is preferred.

Education:

Bachelor’s degree required in Accounting, Finance, or a related field. Active CPA license required, or all four exam sections passed and on track to licensure.

Compensation:

$100,000 – $110,000 base salary, commensurate with experience, plus bonus eligibility and full benefits.

Supervisory Responsibility:

This position does not have supervisory responsibility.

EEO Statement:

The Minnesota Timberwolves and Lynx are an equal employment opportunity organization.

E-Verify Statement

We participate in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot prove this, we will give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) to resolve the issue before any action might be taken against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9.