Director External Reporting & Consolidation

Who are we hiring?

The Director External Reporting & Consolidations is responsible for preparing consolidated financial statements for Sphere as well as quarterly and annual statutory financial statements for certain Sphere divisions. These include the review of Balance Sheet, Income Statement, Statement of Cash Flows (“SoCF”), Statement of Shareholders Equity, and Statement of Comprehensive Income for inclusion in the Company’s periodic filings with the SEC on a quarterly basis as well as preparing certain footnotes and Management discussion and analysis (MD&A). The Director reviews, analyzes and consolidates financial packages submitted by business units to ensure that consolidated results are accurate prior to being included in Sphere’s external reporting. Additionally, the Director evaluates and identifies areas of potential exposure and internal control weaknesses for Sphere’s reportable segments as well as various corporate groups.

What will you do? 

• Responsible (working with Senior Staff Accountant) for accounting for Company’s share-based compensation (“SBC”), earnings per share calculations and related disclosure, as well as segment reporting.
• Work with the FP&A team on projections for the budget and forecast related to share-based compensation annually, as well as working with income tax team on quarterly basis to provide additional SBC information used for DTA calculation.
• Responsible for statutory reporting requirements for Sphere subsidiaries.
• Assist Investor Relations with earnings documents and ensures consistency between Forms 10-Q/K and earnings documents.
• Prepare journal entries for corporate accounting for monthly and quarterly share based compensation related matter including capitalization as well as income tax related schedules.
• Prepare disclosure related to the Company’s leases, share-based compensation, earnings-per-share, related party transactions, as well as management’s discussion and analysis in Sphere Forms 10-Q and 10-K.
• Ensure accuracy of the monthly foreign exchange translation and maintaining Cumulative Translation Adjustment account.
• Preparation of audited financial statements for Sphere subsidiaries. Work with treasury and legal department and provide various analyses need for determining the settlement of intercompany payable/receivable balance and repatriation of capital back to US parent company.
• Review consolidated financial statements prepared by the manager of consolidations, including Balance Sheet, Income Statement, Statement of Cash Flows, Statement of Shareholders Equity, and Statement of Comprehensive Income for inclusion in the Company’s periodic filings with the SEC on a quarterly basis.
• Review and analyze financial packages submitted by business units, participate in various divisional accounting review meeting and identify accounting and disclosure issues.
• Ensure the integrity of balance sheets, income statements, applicable financial statement analysis and other supporting documentation pertaining to management, annual audit, SEC and other reports.
• Prepare the cash flow analysis and Cash Flow Discussion in the Company’s 10Qs and 10-Ks based on SoCF prepared by manager of consolidations.
• Evaluate and identify areas of potential exposure and internal control weaknesses.

What do you need to succeed? 

• 7+ years of experience, preferably a mix of public accounting and accounting in private industry.
• Bachelor’s Degree in Accounting or related field.
• CPA license required.
• Proficient understanding of technical accounting aspects, including preparation of financial statements, footnote disclosures, and analytical review.
• Proficiency in Excel and knowledge of Oracle Financial Systems.
• Ability to evaluate and interpret data and draw relevant conclusions.
• Ability to interact with various levels of management and staff in several divisions.
• Ability to mentor and lead Accountants.
• Excellent project management skills with the ability to keep projects on schedule.
• Attention to detail and strict adherence to deadlines is critical.
• Possess strong organizational skills with the ability to multi-task in a fast-paced detail-oriented environment.
• Experience in Workiva Wdesk platform and XBRL tagging is preferred.

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