Staff Accountant

AEG Live Carson , CA 90745

Posted 5 months ago

Work at AEG

Staff Accountant


Carson, CA

Finance & Accounting

Full Time


AEG Worldwide is the world's leading sports and live entertainment company with operations in the following business segments:

  • AEG Facilities, which with its affiliates owns, manages or consults with more than 120 venues
  • AEG Presents, which is one of the largest live music companies in the world dedicated to live contemporary music performances, including producing and promoting global and regional concert tours, music events and world-renowned festivals
  • AEG Sports, which is the world's largest operator of sports franchises and high-profile sporting events
  • AEG Global Partnerships, which supports each of AEG's divisions through worldwide sales and servicing of sponsorships including naming rights, premium seating and other strategic partnerships
  • AEG Real Estate, which develops major sports and entertainment districts worldwide

With offices on five continents, the company uses its global network of venues, portfolio of powerful sports and music brands, ticketing and content distribution platforms and its integrated entertainment districts to deliver the most creative and innovative live sports and entertainment experiences that inspire athletes, teams, artists and fans.

Position Summary:

The Staff Accountant performs professional level accounting work in the maintenance and review of fiscal records. The position requires considerable knowledge of accounting principles and accounting functions. The Staff Accountant is responsible for the general ledger reconciliation, banking activities and MLS reporting requirements. Duties include processing and posting payments, billings and collections, recording journal entries, performing monthly-closing maintaining of accounting files, along with preparation/organization of various financial forms, reports, and financial analysis. This position may assist with ad-hoc projects and general office support tasks when necessary. These responsibilities and tasks will be coordinated with and supervised by the Director or Finance. This position involves daily interaction with internal departments, vendors, and clients.

Essential Functions:

  • Serve as main contact person between department and the A/P Corporate team in downtown. Handles Accounts Payable responsibilities. Duties include: reclassification of miscoded expenses, clearing out suspense account, research and resolve old outstanding checks issued, reconciliation of intercompany balance with the League, creating work-orders, and recording expense accruals.

  • Generate and distribute invoices to sponsors and other clients within area of business. Maintain organized file of executed agreements and allocation memos. Follow up with departments and third parties regarding unpaid invoices and provide aging report updates. Reconcile billing summary schedule to CRM report and general ledger to ensure all revenue are accounted for. Recording allowance and write-offs for uncollectible. Handle internal and external inquiries regarding AR related matters.

  • Record revenue and expenses related to the stadium settlement, which includes booking adjustments to true-up prior estimates and handling inquiries related to the settlement. Accrue for monthly settlement with MLS. Assist with third party settlements for domestic exhibition games, as needed.

  • Manages Ticketing related items, reconcile ticketing report to bank receipts, record sales and record journal entries related to game statements.

  • Review, process, record and monitor all banking related activities, which includes preparing deposits, recording receipts, completion of bank reconciliations, check inquiry, placing stop payments, monitoring positive pay and ACH, review daily banking activities, and setting up/closing bank accounts.

  • Prepare and record other journal entries related to revenue recognition/deferral, prepaid expense, and other accounts on the Trail Balance.

  • Upload payroll files and reconcile the payroll clearing account. Record journal entries related to payroll, including: book transfers, fees, and salary recharge to other departments/entities.

  • Add new fixed assets to the system as they are processed, run monthly depreciation, and ensure totals in Fixed Asset module tie to Trail Balance totals. Review and evaluate existing assets to see if write-offs and disposals are needed

  • Calculate, file, and remit sales/use tax to State of California. Complete any other ad-hoc filings needed.

  • Provide support and assistance as needed for audits, income tax filing, MLS league reporting, state unclaimed property returns, and other ad-hoc projects for management.

  • Perform other accounting and general office duties as requested.

Required Qualifications:

  • A minimum education level of: BA/BS Degree (4-year) in Business, Accounting, or a related field.

  • A minimum of 2-4 years of related work experience

  • Working knowledge of Oracle accounting software, including Insight, Concur etc.

  • Must have considerable knowledge of accounting principles (i.e. journal entries, debits, credits, accruals etc.) and accounting functions.

  • Proficient in Microsoft Office programs (Word, Excel, PowerPoint) and ability to learn required business systems

  • Ability to accurately input information using a moderately complex computersystem/financial application.

  • Ability to work independently and complete duties and projects with little direct supervision.

  • Must have strong analytical and problem solving skills.

  • Ability to multitask on various regular duties and ad-hoc assignments.

  • Ability to accurately work under pressure in meeting deadlines.

  • Ability to read, listen, and communicate effectively in English, both verbally and in writing.

  • Ability to work as part of a team or collaborate with others.

  • Must have excellent organizational skills.

  • Must be able to work extended hours during evenings and weekends as required.

AEG reserves the right to change or modify the employee's job description whether orally or in writing, at any time during the employment relationship. AEG may require an employee to perform duties outside his/her normal description.


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Staff Accountant

AEG Live