Senior Accountant

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

The Senior Accountant is involved in all aspects of the accounting and general ledger of the organization. This role is responsible for assisting with all periodic close processes by reconciling and analyzing financial data, identifying trends, and providing insights to support data driven decision-making. Thus, the ideal candidate is a proactive strategic thinker that is  well-versed, confident, and comfortable with balance sheet reconciliations, internal controls, and compliance. This person thrives in dynamic, fast paced environments with an eye for process change and operational structure improvement.  

This role reports to the Accounting Manager. 

LAFC is currently operating on a hybrid work model with a minimum of 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

• Analyze and reconcile general ledgers for domestic and international entities. 
• Prepare and upload journal entries. 
• Provide support in maintaining fixed asset roll forward schedules and accounting for acquisitions, capitalization, changes in useful lives, dispositions, impairments, etc. 
• Reconcile sub-ledger to general ledger account balances. 
• Perform high-level reviews of staff accountant reconciliations and supporting schedules; identify and resolve discrepancies, ensure appropriate adjusting entries are recorded, and deliver clean, finalized workpapers for management review. 
• Provide support in maintaining intercompany transactions and balances for proper elimination. 
• Own and manage the monthly close process, including maintaining the close calendar and coordinating cross-functional contributors to ensure timely, accurate, and complete deliverables. 
• Provide guidance and mentorship to staff accountants, promoting development while reinforcing accuracy, accountability, and adherence to close deadlines. 
• Lead external audit engagements by proactively preparing PBC schedules and ensuring all supporting documentation is organized, accurate, and audit-ready prior to submission. 
• Assist with assessment of internal control evaluations and provide insight to management about areas of risk. 
• Support the annual budget process by providing well-reasoned, in-depth variance analyses.  
• Assist in the accounting and reporting of the Club’s non-profit, the LAFC Foundation, including preparation of stand-alone periodic financial statements. 
• Assist in preparation of MLS related reporting, such as post-game reporting and annual league financial reporting. 
• Prepare tax-related filings. 
• Ensures that all revenue is properly recognized in accordance with applicable accounting standards (e.g., ASC 606), and that deferred revenue balances are accurately maintained and reported. 
• Ensures compliance with ASC 842 and related GAAP by maintaining detailed lease schedules (right-of-use assets, lease liabilities, lease expense/amortization) and reconciliations for all property leases. 
• Ensure that all accruals have been properly assessed for cut-off and are recorded accurately. 
• Identify process improvement opportunities and contribute to streamlining accounting operations. 
• Build and maintain strong relationships with key stakeholders including sales, FP&A, stadium operations and MLS. 
• Assist with ad-hoc requests and other duties as assigned by Supervisor / Management. 

QUALIFICATIONS

• Bachelor's degree in Accounting, Finance, or Economics from an accredited four-year College or University is required. 
• At least 3 years in an accounting related role, public, or corporate accounting experience is required.  
• Solid understanding of generally accepted account principles (GAAP), month-end close process, basic tax compliance, internal controls, and variance analysis. 
• Proficiency in Microsoft Office Suite, specifically intermediate knowledge of Excel (pivots, lookups, etc.). 
• Strong written and verbal communication with the ability to build positive working relationships, both internally and externally. 
• Self-starter, self-motivated, and ability to multi-task in a fast-paced environment. 
• Strong decision making and problem-solving skills with an eye for process and structure improvement. 
• Excellent organizational and time management skills with the ability to multi-task successfully in a fast-paced environment with frequent interruptions and changes. 
• Experience with enterprise resource planning (ERP) accounting software, Sage Intacct is a plus. 
• Experience with California tax filings a plus. 
• Comfortable and flexible working both in a team environment and independently autonomously with little guidance. 

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. Pursuant to state and local pay disclosure guidelines, the base compensation for this role is up to $95,000 - $110,000 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.