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Director of Finance
Location: Houston, TX
|Job Status: Full Time
The Director of Finance will direct and oversee all Finance and Accounting functions of the Houston Dynamo, BBVA Compass Stadium, Houston Dash, Houston Sports Park, Forever Orange, and Dynamo Charities (501c3). This position will assume a strategic role in the overall management of the company including planning, managing, and controlling all financial activities. Position title and responsibilities may be elevated to Vice President or CFO depending on candidate experience.
•Supervise accounting department staff.
•Maintain accurate analysis of budgets, financials trends, and forecasts.
•Evaluate and advise on the impact of key decisions including introduction of new programs, strategies, and systems.
•Enhance financial performance and business opportunities.
•Establish and maintain strong relationships with ownership and senior executives to identify their needs and seek full range of business solutions.
•Ensure department policies & procedures are followed.
•Oversee and manage the month-end and year-end closing process.
•Supervise the process of recording manual journal entries and various finance-related processes to ensure accounting records are complete and accurate.
•Review and approve cash disbursements.
•Control financial reporting to ownership, including preparing, reviewing, and delivering monthly financial package.
•Manage process for budgeting and forecasting throughout the year.
•Present financial projections to ownership at quarterly board meetings.
•Prepare various other financial reports and analyses as requested by ownership/management.
•Coordinate annual external audit and issue audited financial statements.
•Work with tax firm to ensure all federal and state tax extensions and returns are filed timely and accurately.
•Partner with HR and Payroll Coordinator to ensure payroll is processed timely and accurately.
•Manage the organization’s cash flow needs, projecting cash position, and coordinating intercompany loans to maintain necessary balances in all accounts.
•Understand debt structures and monitor covenant compliance including minimum EBITDA and Fixed Charge Coverage Ratio requirements. Prepare consolidated summarized financials quarterly for debt compliance.
•Review various reports prepared by the accounting department staff including: A/R Aging, Event Settlements, Event Flash Reports, MLS Team Financial Reporting, MLS SAS 62, etc.
SPECIFIC JOB KNOWLEDGE, SKILL AND ABILITY:
The individual must possess the following knowledge, skills and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job, with or without reasonable accommodation, using some other combination of skills and abilities.
•The successful candidate will have skill in personnel management, developing and implementing policies and procedures, effective training, and designing and implementing accounting, financial and human resources systems and controls.
•Strong written and oral communication skills with the ability to communicate well with management-level peers as well as employees.
•Capable of handling all aspects of the accounting cycle and principles and techniques of team and stadium operations.
•Strong organizational skills with attention to detail.
•Ability to work under above-average pressure in meeting urgent deadlines.
•Ability to work long, irregular hours and weekends as dictated by event schedules and project timetables.
•Must be proficient with computers and MS Office programs such as Word, Excel, & Outlook.
•Strong analytical and problem solving skills.
Education and Experience:
•10+ years of progressively increasing responsibility in a fast-paced accounting/finance department.
•Experience in sports and/or arena management industry a major plus.
•Bachelors degree in accounting/finance or related field. Master’s degree preferred.
•Knowledge of Microsoft Dynamics NAV accounting software, Paychex payroll processing platform, and Veritix ticketing system preferred but not required.
Licenses or certificates:
•Certified Public Accounting license a plus.
Regular attendance in conformance with the standards, which may be established by the company from time to time, is essential to the successful performance of this position. Employees with irregular attendance will be subject to disciplinary action, up to and including termination of employment.
Due to the cyclical nature of the entertainment industry, employees may be required to work varying schedules to reflect the business needs of the team or facility.
Upon employment, all employees are required to fully comply with company rules and regulations. Employees who violate these rules and regulations will be subject to disciplinary action, up to and including termination of employment.
All employees are subject to a drug test prior to employment.