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Cleveland Indians Baseball
OH, United States
15 days ago
Cleveland Indians Baseball
Ohio, United States
15 days ago

Description

Our teammates are at the core of what we believe in: People, Collaboration, Learning, and Excellence (PeopleCLE). We look to hire individuals who are committed to our purpose of uniting and inspiring our city through the power of team. Our mission is to win the World Series while creating a compelling fan experience. If you believe you possess these important traits, please consider a career with the Cleveland Indians and apply online here.

PRIMARY PURPOSE: This role provides support to the Vice President, Finance & Chief Financial Officer and the Controller regarding matters of planning, analysis, reporting, business development, and profitability, while maintaining the integrity of the Finance Department’s strategies and practices, with a focus on continued improvement of controls, systems, and processes.

Primary purpose for this role is to develop, research, and implement financial models, internal control systems and policies. This person will perform profitability analyses and program measurement projects throughout the entire Company, on both a prospective and retrospective basis. Collaborate across the organization and serve as a resource to teach and to develop financial acumen and efficiencies, as well as ensure proper planning and measurement tools are utilized regarding profitability enhancement.

RESPONSIBILITIES & DUTIES

Planning

  • Budgeting and Forecasting Process: 
    • Assist with the preparation and review of the operating budget with respect to operating revenues and expenses and capital budgets. Identify any issues and inconsistencies and propose resolutions to enhance efficiency and accuracy of the budgeting process.
    • Responsible for assisting departments with their budget/forecast schedules, meet monthly for forecast updates and seek opportunities to improve business tracking with focus on financial impact.
    • Responsible for managing the non-ticket portion of the revenue budget and forecast, including preparing the non-ticket revenue budget and performing analyses to ensure consistent and accurate projections.
    • Responsible for key budget reports including but not limited to ticketing (in collaboration with Strategy Department), census review, expense variance analysis, profitability by attendance level, and other summary schedules.
    • Collaborate with Strategy and Sales teams to ensure accurate modeling of ticket attendance and revenue budgeting. Develop tools to track results and implement improvements in the model to improve accuracy and corresponding decision making.
  • Collaborate with sales departments to develop business plan with focus on strategy and implementation of compensation plans, goal setting, and revenue projections. Model corresponding compensation with revenue goals and build and maintain tools for tracking and reporting.
  • Collaborate with Baseball Operations to develop budget and business plans for Major League Spring Training, Major League Team, and Player Development. Oversee Financial Analyst to provide guidance on developing budget and business plans for Amateur Scouting, ML Scouting, International Scouting, Latin Operations and Baseball Analytics. Develop and maintain tools for tracking key expense categories and provide variance analysis where applicable.
  • Oversee Financial Analyst to provide guidance to Ballpark Operations and Baseball Operations as pertains to staffing model accuracy, ticket and profitability models, capital project requests, budget process and expenses.
  • Work with Capital Committee to develop and implement policies to streamline approval process and transparency in decision-making for capital expenditures. Responsible for financial analysis of strategic capital projects, tracking of expenditures, and communicate financial projections updates to Capital Committee.
  • Manage fixed asset and capital acquisition and coordination amongst all departments, the tracking and tagging of assets, proper asset transfer/disposal/retirement and coordinating those results with the Accounting department and the NetSuite accounting system.
  • Develop multi-year forecast model, in collaboration with Chief Financial Officer, Baseball Operations, and Strategy department.
  • Collaborate company-wide to develop Postseason budget, using Postseason model to track and communicate changes throughout the Postseason; review results and identifying opportunities to improve profitability in postseason.

Analysis

  • Provide financial analysis and expense tracking of innovation projects. Serve on project working teams to develop project strategies and provide revenue sharing guidance.
  • Evaluate potential revenue opportunities and profit and loss scenarios associated with proposed programs and events across multiple departments (e.g., concerts and special events) through financial modelling.
  • Provide analysis of business and industry fluctuations and trends, profit improvement (either revenue generation and/or expense savings) and continual review of expenditures and procedures for development, implementation and monitoring of expense control strategies.
  • Create, implement, and manage reporting tools in Tableau to enhance organizational understanding of performance.
  • Responsible for utilizing FIQ data to analyze performance compared to peer teams, league, and identify opportunities to improve financial performance.
  • Analyze significant variances and unusual fluctuations between the forecast, budget, and actual financial results.

Reporting

  • Develop and update the current year forecast and long-term projections for the operations of the Cleveland Indians Baseball Company LLC (“CIBC LLC”) and communicating the results to ownership and the Business Leadership Team (“BLT”) members.
  • Provide external reporting requirements and compliance with Major League Baseball including, but not limited to, revenue sharing and use of proceeds, the Financial Information Questionnaire (“FIQ”) and interim FIQs, Debt Service Rule compliance, deferred compensation funding, and extended benefits.
  • Assist with certain accounting functions including, but not limited to:
    • Financial statement preparation on a quarterly and year-end basis including the face of the statements (balance sheet, income statement, cash flows, etc.) and footnote preparation.
    • Fixed asset reporting along with managing fixed asset and capital acquisition and coordination amongst all departments, the tracking and tagging of assets, proper asset transfer/disposal/retirement and coordinating those results with the Accounting department and the NetSuite accounting system.
    • Assist with the preparation and review of the operating budget with respect to operating revenues and expenses and capital budgets.
  • Provide support and documentation for external auditors for all functions relating to external reporting requirements (Deloitte & Touche for financial reporting, PricewaterhouseCoopers for revenue sharing reporting, and MLB for FIQ).
  • Collaborate with Ticket Services to compile MLB Pre-Season Ticket Sales Survey; review report and submit to MLB.
  • Serve as an approver and review all expense reports and purchases for baseball operations to ensure proper classification and tracking.

People , Process, & Plus Responsibilities

  • Provide supervisory function and leadership to the (Senior) Financial Analyst.
  • Attend CFO Meetings and regional CFO Meetings, contribute to regional CFO conference calls, collaborate with our MLB counterparts, and network league and industry-wide to develop best-practices and serve as a resource to the organization.
  • Serve on Ticketing Advisory Group to develop and implement strategies to increase ticket sales and maximize revenue. •
  • Serve on Profit Improvement Committee and Budget Committee to improve organizational financial acumen and maximize profitability.
  • Serve as a resource or an advisor for the organization in all matters related to revenue growth and expense management, including but not limited to revenue sharing treatment, MLB and CBA rules, resource allocation, and profitability. Provide guidance to improve training of other departments in budgeting/forecasting, financial reporting and business intelligence tools like Adaptive, NetSuite, and Tableau.
  • Ensure that accurate financial reporting and adequate controls are in place for various departments.



Requirements

EDUCATION & EXPERIENCE REQUIREMENTS:

  • Bachelor’s degree in Finance, Accounting, or related business field.
  • Master’s degree, CPA, or CFA preferred
  • 5+ years of experience in Accounting, Finance or similar position.
  • Significant statistical and/or financial analysis and modeling skills.
  • Advanced computer knowledge including but not limited to Microsoft Word, Excel, and Office with SQL and Tableau strongly preferred, as well as strong orientation to cost/benefit analysis.
  • Strong leadership skills including the ability to develop vision and goals, identify and communicate priorities, develop effective interpersonal relationships, build consensus across departments, manage critical projects and produce positive results.
  • Exposure to Accounting software (NetSuite or similar) strongly preferred, but not required.
  • Advanced knowledge of Microsoft CRM preferred, but not required.

ROLE REQUIREMENTS:

  • Work ethic and motivation for a career in the sports/baseball business field
  • Ability and drive to succeed in a collaborative, group setting.
  • Strong problem-solving, customer service, analytical, leadership, and communication skills
  • Ability to work independently and manage work within a fast-paced environment.
  • Excellent time management skills.
  • Ability to quickly develop a detailed understanding of the MLB Collective Bargaining Agreement, the Debt Service Rule, the Revenue Sharing Rules, and the MLB Rules & Regulations.
  • Ability to quickly develop a detailed understanding of the general operations of the Cleveland Indians Baseball Company and Major League Baseball as well as understanding the operations of third-party vendors that support our business.

ORGANIZATIONAL REQUIREMENTS:

  • Reads, speaks, comprehends and communicates English effectively in all communications.
  • Represents the Cleveland Indians in a positive fashion to all business partners and the general public.
  • Ability to develop and maintain successful working relationships with members of the Front Office.
  • Ability to act according to the organizational values and service excellence at all times.
  • Ability to work with multicultural populations and have a commitment to fairness and equality.
  • Ability to walk, sit or stand for an entire shift.
  • Ability to work extended days and hours, including holidays and weekends.
  • Ability to move throughout all areas and levels of the Ballpark.
  • Ability to work in a diverse and changing environment.
  • Occasional physical activity such as lifting and carrying boxes up to 25 lbs.

Job Information

  • Job ID: 58482613
  • Location:
    Ohio, United States
    Cleveland, Ohio, United States
  • Position Title: Manager of Financial Planning, Analysis and Reporting
  • Company Name: Cleveland Indians Baseball
  • Industry: Entertainment
  • Job Function: Accounting/Finance
  • Job Type: Full-Time
  • Job Duration: Indefinite
  • Min Education: BA/BS/Undergraduate
  • Min Experience: 5-7 Years
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