Spectra

Director of Finance | Xtream Arena & GreenState Family Fieldhouse

Location US-IA-Coralville
Job ID
2020-5738
Group
Spectra - Venue Management
Location Name
Spectra VM - Xtream Arena and GreenState Family Fieldhouse
Category
Accounting/Finance
Type
Regular Full-Time

Overview

The Director of Finance plans and directs all aspects of financial, accounting, purchasing, and internal control functions for the venue by performing the following duties, personally or through subordinate supervisors.   The Director of Finance directly supervises the Finance Department and Box Office employees and carries out supervisory responsibilities in accordance with Spectra’s policies and applicable laws. Other responsibilities include overseeing the interviewing, hiring of fulltime employees; planning, assigning, and directing work; performance appraisals; disciplining employees in conjunction with Human Resources; addressing complaints and resolving problems.

 

This position is based at the Xtream Arena & GreenState Family Fieldhouse. The 5,100 seat multi-purpose Xtream Arena is called home by the University of Iowa Women’s Volleyball team. The 32,000 sq ft GreenState Family Fieldhouse is home to 5 hardwood courts primarily used for basketball and volleyball.  The Xtream Arena and GreenState Family Fieldhouse is owned by the community development corporation ArenaCo and managed by Spectra Venue Management. The Xtream Arena and GreenState Family Fieldhouse are currently under construction and scheduled to open in August 2020. You can learn more about our venue here: www.xtreamarena.com

Responsibilities

  • Assists in the development and implementation of facility goals and priorities relating to financial management, budget, accounting, purchasing, and/or payroll in compliance with State and Federal law, and policies and procedures.
  • Monitors compliance with all provisions of the management contract.
  • Maintains contact with Risk Management Department and Insurance broker for coordination of appropriate coverage.
  • Reviews all contracts for client, events, subcontractors, food and beverage or concessionaires.
  • Reviews and/or prepares event settlements.
  • Reviews and executes all checks and deposits; reviews daily cash receipts and disbursements.
  • Oversee box office, ticket sale receipts and reporting
  • Oversee food and beverage accounting
  • Assist with show settlement including payments to promoters, compile all post-show financial info to enter into GL, prepare show income/loss reports
  • Oversee payroll and HR functions in the venue.
  • Prepare appropriate state and local tax returns to be filed timely
  • Develop and implement all financial reporting, including :
  • Prepares financial statements for the Client and Corporate, and other financial reports, including monthly statements, Annual Budget and Annual Report.
  • Directs the installation and maintenance of accounting records to show receipts and expenditures.
  • Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records.
  • Analyzes financial performance and cost analyses for all departments; prepares monthly financial statements, recommends appropriate actions/changes in order to meet business goals.
  • Prepares statements and reports of estimated future costs and revenues.
  • Coordinates preparation of Client or external audit materials and financial reporting; implements recommendations of Client as requested.

Qualifications

 

  • B.S. in Accounting or Finance from a four-year college or university.
  • 5 to 7 years of experience in public accounting and/or financial management at a supervisory level or as department head.
  • Acts as Manager on Duty as required. Must work nights and weekends if required.
  • Be a business partner with other departments insuring financial success of the venue.
  • Extensive knowledge of general and cost accounting.
  • Excellent math skills; high aptitude for figures.
  • Excellent communication, interpersonal skills and organizational ability.
  • Effective supervisory skills.
  • Must pass background and credit check per guidelines
  • Experience with ADP payroll, and Sage accounting preferred.
  • Industry experience is preferred.
  • CPA or MBA a plus

Spectra, an industry leader in sports, entertainment and venue management, is dedicated to recruiting and developing individuals with the skills, experience, desire, and values to contribute to the continued growth and success of our organization.  Together, with our 250+ sports & entertainment venue partners, we transform events into experiences! These experiences create excitement, turn heads, and make memories.  Come Join Us!  You can learn more about Spectra at www.spectraexperiences.com/

 

Spectra is an equal opportunity employer and our employment decisions are made without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, handicap, marital status, veteran status, or any other status or condition protected by Federal and/or State laws, except where bona fide occupational qualifications apply

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