Accounting Manager

COMPANY OVERVIEW   PlayOn! Sports is the nation's leading high school media and technology company, providing streaming and digital ticketing services to thousands of high schools nationwide. In 2013, PlayOn! Sports and the National Federation of State High School Associations (NFHS) created the NFHS Network, a joint venture that aggregates the sports media and related rights of state high school athletic associations while celebrating the accomplishments of student-athletes, student broadcasters, and high schools across the country. Through the NFHS Network, PlayOn! Sports provides automated production capabilities free of charge to schools which allows them to live-stream via artificial intelligence and automation thus avoiding the need for production personnel.

In 2022, PlayOn! Sports and GoFan (backed by KKR a leading global investment firm), the leading digital ticketing company in the high school sports market, joined forces to create a streamlined customer experience for in-person, live-stream, and on-demand events.  There are 19,500 high schools in the NFHS ecosystem and PlayOn! Sports currently works with over 50% of them.  Going forward, the company is focused on: 1) continuing to grow the number of schools it works with; 2) continuing to grow the average revenue per school; 3) expanding the products and services it provides to the high school ecosystem beyond streaming; 4) expanding outside of high school sports.

THE ROLE

PlayOn! Sports is looking for a skilled and detail-oriented Accounting Manager to join our finance team. The ideal candidate will have a deep understanding of accounting principles, regulations, and financial reporting. The Accounting Manager will be responsible for handling complex financial transactions, ensuring compliance with accounting standards, and collaborating with various departments to support financial decision-making, as well as leading a team of Accounting Professionals. 

Additional responsibilities and accountabilities for this role include:

Financial Reporting: • Prepare and analyze financial statements in accordance with generally accepted accounting principles (GAAP). • Ensure accuracy and completeness of financial reports, including balance sheets, income statements, and cash flow statements.

Compliance: • Stay current with changes in accounting regulations and ensure compliance with relevant accounting standards. • Work with auditors to provide necessary documentation and support during audits.

Technical Accounting: • Research and interpret complex accounting issues and provide guidance on proper accounting treatment. • Implement new accounting standards and policies as required.

Transaction Analysis: • Analyze and record complex financial transactions, such as mergers, acquisitions, and divestitures. • Collaborate with cross-functional teams to assess the financial impact of business decisions.

Process Improvement: • Identify opportunities for process improvements within the finance function to enhance efficiency and accuracy. • Implement best practices in accounting and financial reporting.

Financial Analysis: • Conduct financial analysis to support strategic decision-making. • Provide insights into financial trends, variances, and key performance indicators.

Collaboration: • Work closely with other departments, including finance, legal, and operations, to gather information and ensure accurate financial reporting. • Communicate effectively with internal and external stakeholders.

ASC 606, Lease Accounting, and Non-Cash Compensation:  • Establish principles for recognizing revenue from contracts with customers. • Expertise in lease accounting standards (e.g., ASC 842) to ensure accurate recognition, measurement, and disclosure of lease assets and liabilities on the balance sheet, including the evaluation of lease terms, classification, and determination of appropriate discount rates. • Manage the accounting and reporting for non-cash compensation programs, including stock options, restricted stock units (RSUs), and performance shares.

THE PERSON

• Bachelor's degree in Accounting, Finance, or a related field. • CPA designation required; Public accounting experience preferred but not required.  • Extensive knowledge of accounting principles, regulations, and financial reporting. • Several years of experience in technical accounting roles. • Experience leading and/or managing a team. • Strong analytical and problem-solving skills. • Excellent attention to detail and organizational abilities. • Experience with accounting software (e.g., QuickBooks, SAP, Oracle NetSuite). • Effective communication and collaboration skills.

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