Director, Tax
Monumental Sports & Entertainment (MSE) is one of the largest integrated sports and entertainment companies in the country with one of the most diverse partnership groups in all of sports. MSE owns and operates seven major and minor sports teams: 2018 NHL Stanley Cup Champion Washington Capitals, NBA’s Washington Wizards, WNBA’s 2019 Championship Washington Mystics, NBA G League’s Capital City Go-Go, 2021 & 2020 NBA 2K League Champion Wizards District Gaming and Caps Gaming, an esports sub-brand of the Capitals. Additionally, it holds a significant investment in a seventh professional team, Team Liquid, an endemic esports team owned and operated by aXiomatic, in which MSE is an investor.
In September 2022, MSE acquired the regional sports network, then-called NBC Sports Washington and newly rebranded as Monumental Sports Network. Monumental Sports Network now holds the exclusive local television media rights to Capitals’, Wizards’, and Mystics’ games. The network is both a linear channel and a digital operation. Prior to acquiring the linear platform, the digital platform was launched by MSE in 2016, as the first-of-its-kind regional sports network for digital, mobile, and streaming platforms. Those linear and digital platforms are now combined and join Caps Radio, Wizards Radio, MSE Outdoor and Monumental Productions for a full suite of six media enterprises.
In addition to Capital One Arena – a venue which hosts 3M+ visitors across over 250 events annually, MSE also manages MedStar Capitals Iceplex (training facility for the Capitals), MedStar Health Performance Center (training facility for the Wizards, Mystics, and Go-Go) and EagleBank Arena (a 12,000+ live event venue on George Mason University’s campus).
In July 2020, MSE partnered with William Hill (subsequently acquired by Caesars Entertainment) to open the first ever in-arena sportsbook in North America, now called Caesars Sportsbook.
MSE opened “District E powered by Ticketmaster” in the spring of 2023, a flagship esports and entertainment venue. This 14,000-square-foot live-event theater offers a 365-day-a-year series of immersive experiences in esports, music, culinary excellence, event programming, and community events.
MSE proudly promotes its core values for all those that interact with the company. As a member of our team:
- You will provide first-class customer service and value for our fans.
- You will champion a double-bottom line that engages, unifies, and gives back to the community we serve.
- You will work tirelessly to build generationally exceptional teams that compete for championships year after year and create lifelong memories for our fans.
- You will measure performance with specific objectives and metrics and our analysis and decisions are compelled by data.
- You will prize leadership, but you should value teamwork and collaboration and transparency even more. We treat each other with respect. We act with honesty and integrity. We remain humble.
- You will innovate. We are nimble and first to market. We are not averse to risk.
- You will have fun. We are in the business of happiness.
Position Overview: The Director, Tax will be responsible for leading all aspects of MSE's income, sales, and other tax filings and other tax-related activities, and will be the principal liaison with MSE’s outside tax advisors and it’s Teams’ Leagues regarding tax matters. MSE and its subsidiaries are generally pass thru entities (PTEs). Working with MSE’s accounting and leadership teams, and advisors, this role will improve MSE processes and identify potential areas of risk. The ideal candidate is single minded in pursuit of ensuring compliance and achieves this goal through optimizing reporting procedures and driving the successful tax function.
Are you a great teammate who is skilled in identifying and implementing tax planning and opportunities? We would love to hear from you!
Responsibilities:
- Create systems and controls to ensure accurate and timely reporting to and compliance with state, federal, and international tax laws and regulations.
- Work with outside tax advisors to facilitate and manage the preparation, review, and timely filing of federal, state, and other jurisdictions’ income tax returns.
- Coordinate and manage tax audits. Prepare responses, create schedules, and answer inquiries and notices from tax authorities.
- Gather Company financial and other information as requested and required by such advisors.
- Review tax returns and quarterly/yearly tax projections.
- Oversee and manage the engagement arrangement and related billing with such external advisors.
- Gather required information, prepare, and file other business-related tax returns, including but not limited to, sales taxes and personal property taxes in various jurisdictions.
- Communicate and coordinate on tax matters with each of the Leagues in which the Company’s Teams participate (NBA, NHL, WNBA, NBGL).
- Oversee the tax elements (cost segregation, et al) of MSE’s planned renovation of Capital One Arena.
- Identify and implement opportunities for process improvement in tax procedures.
- Develop and implement strategic tax planning for all necessary federal, state, and international taxes.
- Develop and maintain a comprehensive tax compliance calendar and coordinate timing and inputs with the senior accounting team.
- Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the senior team, and create strategies to capitalize on changes to taxation legislation.
- Provide guidance and support to internal collaborator’s tax implications of business decisions and transactions (in coordination with MSE’s CFO and General Counsel).
- Work with events team to coordinate proper documentation and filing of all forms regarding international artists.
- Monitor state nexus issues for all MSE entities and register accordingly.
- Prepare and respond to Census data.
- Provide support with various internal audits and special tax related projects.
- Discover tax risks and develop countermeasures.
- Maintain company information data requests related to tax documentation.
- Other duties as assigned.
Minimum Qualifications:
- Master’s degree or equivalent experience in accounting and/or taxation preferred. CPA preferred.
- 7+ years experience in either public accounting or private company tax functions.
- In-depth knowledge of pass-through entity tax accounting and issues.
- Strong understanding of tax planning strategies and experience in handling indirect taxes, including sales and use tax, property tax, other local regulatory taxes.
- Exceptional written and verbal communication skills and interpersonal skills to effectively collaborate with internal and external partners.
- Excellent analytical and problem-solving skills with strong attention to detail.
- Strong proficiency in the entire Microsoft Office suite, including Microsoft Excel and Microsoft Office.
- Familiarity with enterprise resource planning (ERP) software.
- Experience in coordinating job specific responsibilities within a larger finance and accounting team.
- Experience in leading and managing a tax compliance function.
Pay Range: $120-140k USD.
Benefit Eligibility: This role is eligible to participate in health and welfare benefits.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Apply for this job
*
indicates a required field