SVP Controller
On LocationAbout the role
Main Purpose of Job
On Location, a leader in the experiential hospital industry, is seeking a strategic and hands-on Senior Vice President (SVP), Controller to oversee the financial operations and controllership function. The SVP, Controller will be responsible for ensuring the accuracy, integrity, and timeliness of financial reporting, maintaining a robust SOX-compliant control environment, and driving finance transformation initiatives. This role will oversee the accounting/controllership for the various On Location verticals, including Sports (Core and Collegiate), Travel, Olympics, and FIFA – World Cup. This role requires deep technical expertise, leadership in managing cash flow and treasury operations, and oversight of key teams, including the Revenue Accounting team, Accounts Payable, Controllership team, and Collegiate Travel Office Accounting team. The ideal candidate will bring over 10 years of progressive accounting experience, a CPA designation, and a proven track record in a public company setting. Ideally, this candidate will have come from the entertainment/live events industry.
Reports To - CFO, On Location
Direct Reports - There are 6 direct reports
Hours of Work
Monday to Friday 9am – 5pm; plus any additional hours to complete deadlines. The SVP, Controller may be required to work across time zones as On Location is an internationally operating company. Will be occasionally required to work outside of standard working hours or on weekends at events.
Key Responsibilities and Accountabilities
Financial Close Process: Lead the monthly, quarterly, and annual financial close processes, ensuring accuracy, completeness, and adherence to deadlines
Financial Reporting to Corporate Accounting: Partner with corporate accounting to prepare accurate and timely divisional financial statements, ensuring alignment with GAAP and corporate accounting policies. Serve as the primary liaison for all divisional SEC reporting requirements/deadlines. Ensure regulatory compliance with all compliance deadlines and disclosure requirements.
SOX Compliance: Maintain and enhance a robust internal control environment in accordance with Sarbanes-Oxley (SOX) requirements, including documentation, testing, and remediation of controls.
Audit Management: Manage the annual internal and external audit process, coordinating with auditors to ensure timely completion of audit requirements, addressing inquiries, and providing all necessary documentation and support.
Cash Forecasting and Treasury Management: Direct cash flow forecasting processes, optimize working capital, and manage treasury operations with subsidiaries of On Location and TKO treasury. Liaison with On Location business verticals to roll up 13 month cash forecast. Roll up and managed disbursement requests on a weekly basis that gets sent to corporate treasury for approval.
Technical Accounting Memos: Provide leadership on complex accounting issues, authoring technical memos to address revenue recognition, lease accounting, acquisitions, and other GAAP-related matters. Liaison with TKO Corporate Technical Accounting Group (“CTAG”) on “Significant Accounting Matters” to ensure accurate conclusions of accounting treatment.
Finance Transformation: Drive initiatives to streamline processes, improve efficiency, and implement best-in-class financial systems and tools, with a focus on leveraging technology for scalability. Help lead initiative around SAP S4 Hana implementation and other perimeter system implementations.
Team Leadership: Manage and mentor a diverse group of finance teams, including: Revenue Accounting Team: Oversee accounting processes in ticketing sales/inventory subledgers. Oversee accounting
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