Director of Financial Reporting & Technical Accounting

Job Description

Who We Are

Creative Artists Agency (CAA) is the leading entertainment and sports agency, with global expertise in filmed and live entertainment, digital media, publishing, sponsorship sales and endorsements, media finance, consumer investing, fashion, trademark licensing, and philanthropy. Distinguished by its culture of collaboration and exceptional client service, CAA’s diverse workforce identifies, innovates, and amplifies opportunities for the people and organizations that shape culture and inspire the world. The trailblazer of the agency business, CAA was the first to build a sports business, create an investment bank, launch a venture fund, found technology start-up companies, establish a philanthropic arm, build a business in China, and form a brand marketing services division, among other innovations. Named Most Valuable Sports Agency by Forbes for eight consecutive years, CAA represents more than 2,000 of the world’s top athletes in football, baseball, basketball, hockey, soccer, in addition to coaches, on-air broadcasters, and sports personalities and works in the areas of broadcast rights, corporate marketing initiatives, social impact, and sports properties for sales and sponsorship opportunities. Founded in 1975, CAA is headquartered in Los Angeles, and has offices in New York, Nashville, Memphis, Chicago, Miami, London, Munich, Geneva, Stockholm, Shanghai, and Beijing, among other locations globally.

The Role

CAA is seeking an experienced Director of Financial Reporting to expand CAA’s Financial Reporting team and participate in our dynamic growth. Based in Los Angeles, this position will support the Financial Reporting Department with US GAAP, IFRS and Management reporting responsibilities as well as oversee the accounting and valuation of the Company’s investment portfolio. The individual will also assist with ad-hoc technical accounting analyses including, but not limited to, business combinations, debt modifications, asset acquisitions, investments, consolidations, derivatives and equity accounting all under both US GAAP and IFRS. The individual will be part of a growing team and be responsible for assisting the organization with identifying value-add opportunities to promote process standardization, efficiencies and overall department performance improvement. It is critical that the individual in this role is able to be flexible and agile in adapting to changing circumstances and priorities and can effectively execute in a hybrid working environment.

Responsibilities

• Lead the investment accounting process, including recommending and implementing process improvements in partnership with the strategic development department, managing relationships with our various investment contacts (both internal and external) and writing of technical memos to analyze and document investment accounting and valuation conclusions (under both US GAAP and IFRS as needed).
• Become a key liaison with various domestic teams as part of monthly and quarterly management, investor and bank reporting requirements.
• Assist in creating subsidiary financial reporting packages.
• Assist in global consolidation including, but not limited to, calculating, reviewing and/or posting elimination entries and ensuring accuracy of monthly equity activity and balances.
• Participate in implementation of accounting and/or reporting related systems.
• Assist with bi-annual IFRS reporting requirements, including preparation/review of US GAAP to IFRS adjusting journal entries and other supplementary schedules.
• Assist in preparation of US GAAP annual financial statements including coordination and communication with our domestic subsidiaries to ensure all timely submission information needed for the consolidated financial statement disclosures.
• Assist with the coordination and management of annual external audit process.
• Regularly collaborate with general ledger group and other internal stakeholders to identify, research, and/or communicate findings on accounting-related questions regarding new/non-recurring business transactions and other non-routine matters, in accordance with US GAAP and IFRS, including writing of technical accounting memos to document the conclusions reached.
• Interact with external audit team on various technical issues that arise.
• Review, update and maintain control documentation.
• Lead continuous improvement efforts to existing process through automation and partnership with various departments.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business with an emphasis in Accounting, or a related field preferred.
• 10 or more years accounting experience.
• Public accounting experience a plus.
• Certified Public Accountant (CPA) license required.
• Experience managing a team and w