Director of Finance - One World Observatory

Company: Legends
Location: New York
Posted on: April 1, 2025

Job Description:

Director of Finance - One World ObservatoryJob Category: Finance/ AccountingRequisition Number: DIREC015149Posted: February 21, 2025Employment Type: Full-TimeLocation: One World Observatory, New York, NY 10007, USADescriptionLEGENDS & ASM GLOBALTwo powerhouse companies have joined forces to redefine excellence in sports, entertainment, and live events. Together, we combine unmatched expertise with a global reach, offering end-to-end solutions - from venue development and event booking to revenue strategy and hospitality.Legends brings a 360-degree, data-driven approach across Global Partnerships, Hospitality, Merchandise, and Attractions, working with top-tier clients to deliver exceptional experiences.ASM Global, the world leader in venue management and live event production, oversees 350+ iconic venues, stadiums, arenas, convention centers, and theaters.Our organization is committed to building an inclusive, innovative environment where differences drive solutions that benefit our team members, guests, and partners. Guided by our values of respect, integrity, and accountability, we create a workplace where everyone can succeed. Are you ready to be part of the team that is transforming live entertainment? Join us to make legends happen!ONE WORLD OBSERVATORYPositioned at the top of One World Trade Center, the tallest building in the Western Hemisphere, on levels 100, 101, and 102 - One World Observatory provides guests with unique, panoramic views of New York City, its most iconic sites, and surrounding waters from 1,250 feet. A customized guest experience complements the seemingly endless views, including special interactive experiences and dining options, plus a sit-down restaurant.THE ROLEThe Director of Finance will oversee the finance and accounting functions of the venue, directly supervising Finance Department employees in the day-to-day functions involved in proper facility accounting. Responsibilities are coordinated with the General Manager and the company Regional Director of Finance. This may include oversight of the Box Office, IT, and/or purchasing.ESSENTIAL FUNCTIONS

• Manage and maintain internal controls and compliance in Accounts Payable, Accounts Receivable, and Box Office/Ticketing, including tax reporting.
• Oversee all Payroll, Accounts Payable, & Accounts Receivable functions.
• Ensure a timely and accurate month-end closing process.
• Manage budget and control expenses effectively.
• Guide financial decisions by establishing, monitoring, and enforcing policies and procedures.
• Assist in the design and development of internal control procedures to safeguard company assets and implement cost-saving solutions.
• Review and sign off on bank reconciliations, account reconciliations, financial statements, budget reports, and event flash reports.
• Prepare and review monthly, quarterly, and yearly financial statements and externally required financial reports.
• Provide status updates on the financial condition of attractions by collecting, interpreting, and reporting key financial data.
• Analyze monthly balance sheet and P&L figures to prepare comments and expose performance trends.
• Prepare other financial reports and analyses as requested.
• Communicate results of analytical reviews in verbal and written presentations.
• Create, maintain, and manage budgets and forecasts, including operating budgets, monthly forecasting, capital budgets, and cash flow analysis.
• Prepare weekly and monthly financial forecasts for comparison to budget.
• Participate in the planning and administration of the annual budget process, including detailed reviews of departmental budget submissions.
• Perform and manage show-related activities such as settlements, accounting, and event reporting.
• Account for box office/ticketing funds.
• Prepare a daily flash revenue report.
• Perform daily reconciliation of cash and credit card transactions.
• Work with outside auditors to complete the annual audit and issue audited financial statements.
• Review and prepare monthly reconciliations of assigned balance sheet accounts to ensure resolution of reconciling items.
• Manage all aspects of day-to-day accounting, including accounts payable, accounts receivable, payroll, and general ledger.
• Oversee the process of recording manual journal entries and various finance-related processes (e.g., fixed assets, payroll).
• Coordinate monthly financial statement preparation.
• Manage the facility's cash flow needs, investing idle funds while maintaining a minimum operating account balance.
• Oversee the inventory process and perform in-depth cost of goods analysis.
• Provide strategic advice based on analyzing trends in operations and financial performance.
• Assist senior management with financial analysis and prospective decisions.
• Build solid working relationships with business and department leaders.
• Have a thorough understanding of and the ability to review contracts.
• Perform other duties as assigned by executive leadership.
• Some travel required.SUPERVISORY RESPONSIBILITIESCarries out supervisory responsibilities in accordance with all Legends & ASM policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.QUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty with energy and enthusiasm. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EDUCATION AND/OR EXPERIENCE
  • B.S. in Accounting or Finance from a 4-year college/university or equivalent
  • Minimum 5-7 years of related work experience
  • Experience in developing and implementing policies and procedures as well as financial systems and controls
  • Capable of handling all aspects of the accounting cycle and principles and techniques of venue operation
  • Experience using Excel, Word, and PowerPoint
  • Experience in the facilities/arena management industry (Preferred not Required)
  • CPA preferredSKILLS AND ABILITIES
    • Strong business acumen and ability to influence change and drive results
    • Extensive knowledge of general and cost accounting
    • Excellent math skills; high aptitude for figures
    • Excellent communication, interpersonal skills, and organizational ability
    • Ability to work with and maintain highly confidential information is required
    • Strong supervisory skills
    • Strong written and oral communication skills with the ability to communicate well both inside and outside the organization
    • Strong organization skills with attention to detail
    • Excellent verbal, written and interpersonal skills essential
    • Extensive knowledge of accounting software, spreadsheets, and word processing software
    • Must be able to maintain strict confidentiality and judgment regarding privileged information.
    • 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 projects.
    • Must be able to prioritize and complete work assignments on a timely basisCOMPENSATIONCompetitive salary range $120,000 - $150,000 plus bonus potential and a generous benefits package that includes medical, dental, vision, life and disability insurance, paid vacation, and 401(k).WORKING CONDITIONSLocation: On Site One World Observatory - New York, NYPHYSICAL DEMANDSThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.NOTE:The essential responsibilities of this position are described under the headings above. They may be subject to change at any time due to reasonable accommodation or other reasons. This document in no way states or implies that these are the only duties to be performed by the employee occupying this position.Legends & ASM Global is an Equal Opportunity/Affirmative Action employer, and encourages Women, Minorities, Individuals with Disabilities, and protected Veterans to apply. VEVRAA Federal Contractor.
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Keywords: Legends, New York , Director of Finance - One World Observatory, Accounting, Auditing , New York, New York