Job Description
OVERVIEW
The Los Angeles Football Club (LAFC) is an MLS soccer club serving the greater Los Angeles area. LAFC is dedicated to building a world-class soccer club that represents the diversity of Los Angeles and is committed to delivering an unrivaled experience for fans. LAFC’s ownership group is comprised of local leaders and innovators of industry with intellectual capital, financial prowess, operations expertise, and success in the fields of entertainment, sports, technology, and media. LAFC is invested in the world’s game and Los Angeles, constructing, and developing the 22,000 seat BMO Stadium and a top-flight training center on the campus of Cal-State Los Angeles.
POSITION SUMMARY
POSITION SUMMARY
The Controller oversees all aspects of the Club’s financial management including, but not limited to accounting operations; audits; financial and league (Major League Soccer) reporting, and as well as Generally Accepted Accounting Principles (GAAP) compliant reporting. The ideal candidate will have previous demonstratable experience developing internal controls, procedures, and processes for an exponentially growing organization. Specifically, this individual will be influential in creating highly effective and streamlined systems that foster partnerships across business lines and support future department growth.
This role will report to the Chief Financial Officer.
LAFC is currently operating on a hybrid work model with a minimum of 1 – 2 in-office days per week. Please note that this may vary by role, and your scheduled in-office days are up to the discretion of your supervisor.
ESSENTIAL FUNCTIONS
- Oversee and ensure the accurate and timely completion of month-end and year-end general ledger closings in compliance with US GAAP across several legal entities.
- Direct and monitor all accounting operations, including general ledger, accounts receivable (AR), accounts payable (AP), payroll, fixed assets, and financial reporting.
- Establish and track key performance indicators (KPIs) for accounts payable and accounts receivable processes to drive accountability.
- Provide continuous support and guidance to the accounting team while effectively delegating tasks and responsibilities.
- Prepare and present monthly and annual financial statements and reports, including variance analysis, to drive strategic data driven decisions.
- Develop, optimize, document, and maintain robust financial controls, policies, and procedures to ensure sound financial management.
- Build and maintain strong relationships with key external stakeholders, including Major League Soccer, auditors, and tax advisors, to ensure compliance with all financial regulations and requirements.
- Oversee compliance with federal, state, and local tax regulations, including timely and accurate tax filings.
- Monitor debt levels and ensure adherence to debt covenants, including the preparation of quarterly lender reports.
- Lead the department in the annual audit process to provide accurate and timely reporting and submission of financial data requests.
- Oversee property tax tracking and manage tax appeals, ensuring accuracy and compliance.
- Assess and strengthen internal controls related to cash disbursements and daily cash monitoring and reporting.
- Act as a change agent by identifying opportunities to enhance efficiency and strengthen controls. Drive the implementation of automation and process improvements to increase timeliness, optimize resource allocation, save time, and further improve control measures.
- Other ad hoc projects and duties as assigned by Supervisor/Management.
QUALIFICATIONS
- Bachelor’s degree from an accredited College/University in Finance or Accounting required.
- Minimum of 10+ years of relevant financial management and accounting experience, with at least 5 years in an elevated leadership role managing a team and/or department.
- Candidates must possess an active CPA license.
- Previous public accounting experience required.
- Experience working within entertainment, a professional sports team, or with a major venue preferred.
- Thorough understanding of GAAP with previous experience in drafting and managing the implementation of accounting policies required.
- Demonstratable experience creating and modeling financial statements and analysis within a new organization.
- Previous experience with enterprise resource planning (ERP) software required; preferably Sage Intaact.
- Ability to multitask, operate effectively, and make sound decisions in a dynamic working environment with frequent changes and tight deadlines.
- Exceptional communication skills with the ability to correspond effectively and efficiently both verbally and written.
- Must be reliable, trustworthy, and able to maintain professionalism and high confidentiality.
- Strong knowledge of Microsoft Office Suite programs (Excel, Word, PowerPoint, Outlook).
- Flexible schedule with the ability to work nights, weekends, and holidays as required by financial deadlines.
SALARY RANGE
At LAFC, we carefully consider a wide range of factors to determine a fair and equitable compensation package. The final offer amount will consider a wide range of factors that are considered in making compensation decisions including, but not limited to skill sets; relevant experience and training; and other business and organizational needs. Pursuant to state and local pay disclosure guidelines, the compensation for this role is $225,000 per year.
HIRING PRACTICES
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
LAFC strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.
Applicants for employment in the U.S. must possess work authorization, which does not require sponsorship by the employer for a visa.
About Los Angeles Football Club