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Associate, Entertainment Finance

Newark, NJ
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WHO WE ARE:

Founded by Josh Harris and David Blitzer, Harris Blitzer Sports & Entertainment (HBSE) includes in its portfolio the Philadelphia 76ers, the New Jersey Devils, Prudential Center in Newark, N.J., the Delaware Blue Coats, the Utica Comets and a variety of other sports and entertainment properties. Led by some of the best and brightest minds in the industry, HBSE positions itself as a pioneering and innovative global sports and entertainment business enterprise. We also strive to positively impact the local communities in which we operate through the powerful platform of sports.  HBSE offers an energetic work environment built on collaboration, growth and a quest to excel in everything we do.

As part of its portfolio, Prudential Center in downtown Newark, N.J. annually hosts more than 200 games, concerts, family shows and special events and is a top-5 ranked sports and entertainment venue in the U.S. by Pollstar and Billboard. It is home to the New Jersey Devils, a renowned NHL franchise with three Stanley Cup championships and a proud, passionate fan base.  HBSE also owns the NBA’s Philadelphia 76ers, one of the most storied franchises in American sports, having won three championships led by some of the most iconic athletes in NBA history.



OUR COMMITMENT TO INCLUSION:

At HBSE, we are dedicated to hiring the best talent from the communities where we live, work and play – across all groups and levels; supporting and developing every employee to reach their potential; and creating an inclusive environment that allows team members to bring their true authentic selves to work.

Job Description

 

POSITION OVERVIEW:

The Associate - Entertainment Finance will spend the majority of their time preparing, refining, and tracking event financials. The position will be working on various HBSE properties performing financial tasks, specific locations are outlined below under “Working Conditions”. This position will require attendance at events within the Prudential Center, as well as other HBSE properties. The ideal candidate must possess superior organization and time management skills with a proven ability to multitask. They must also demonstrate strong independent reasoning and problem-solving skills with the capability to think proactively. They should have a passion for the event and entertainment industry and seek to grow their knowledge of the music and live entertainment industry. This position will report to the Director, Entertainment Finance.

 

RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING:

  • Attends arena events & assists with Prudential Center event settlements.
  • Develops and prepares event proformas, budgets, and forecasts.
  • Prepares post-event flash report and P&L statement.
  • Reconciles flash reports with general accounting ledger.
  • Maintains master show files to include all essential event reports & relevant correspondence (settlement, marketing, expenses, contracts, etc).
  • Assesses the financial impact of events, providing financial and analytical recommendations to the Director, Entertainment Finance.
  • Identities and evaluates potential opportunities for events (i.e., revenue maximization & optimization) and risk factors, as well as mitigation solutions.
  • Develops ad hoc financial models & analyses as needed.

Education Background:

  • Bachelor’s degree; finance/accounting degree preferred.
  • Minimum 2-3 years of experience in a FP&A role.
  • Live Sports & Entertainment experience preferred.

 

QUALIFICATIONS:

  • Must have proficiency in Microsoft Word, PowerPoint, Outlook and advanced working knowledge of Excel is a must.
  • Must possess comprehensive understanding of financial analysis with ability to assess and communicate strategic implications
  • Must be able to exercise sound judgment and discretion in the creation and handling of sensitive and confidential materials
  • Must be able to lead complex negotiations with clients and be comfortable in sophisticated business situations
  • Must possess excellent verbal and written communication skills: must be comfortable with engaging in a variety of different communicative modes (verbal, non-verbal, and written) and being attuned to others through strong active listening skills
  • Must have the ability to persuade others, build consensus and work in a team environment.
  • Must have exceptional interpersonal and problem-solving skills
  • Must be able to effectively prioritize, organize, and manage multiple projects simultaneously with varying deadlines
  • Must have the ability to interact, develop, and maintain relationships with individuals at all levels both internal and external
  • Must be a flexible and reliable team player, both within own department and within company as a whole
  • Must have the ability to demonstrate uncompromised judgment and discretion with regard to interpersonal relationships
  • Must have a strong sense of self-awareness and emotional intelligence
  • Must be self-directed, resourceful, and able to work independently
  • Must be able to identify problems, their sources, and their potential solutions while continuing to successfully conduct day-to-day operations without interruption
  • Must have a strong command of reasoned, measured decision-making based upon analyzing the pros and cons of each potential decision to be made.
  • Must have flexibility to work late hours, holidays, and weekends as needed

 

WORKING CONDITIONS:

  • Travel Requirements (less than 15% travel): On some occasions, trips may require air travel and/or overnight stay away from home for one or more nights. Travel is likely to include industry conferences, events & music festivals, working events at other HBSE venues (Northwest Stadium, White Eagle Hall, Loews Theatre, and the upcoming new arena in Philadelphia)
  • Physical Demands: This position requires the ability to lift up to 10 pounds.
  • Work Environment: Will be based in the offices at Prudential Center.

 

COMPENSATION AND BENEFITS:

The pay range for this position at commencement of employment is expected to be between $85,000 and $95,000/year. Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.

This position will be an “at-will position” and the Company reserves the right to modify base pay (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

The benefits package for the position may include the following, subject to the terms of the then-in-effect Company policies, plan documents and other eligibility criteria: 

  • Medical/Dental/Vision/Flexible Spending Accounts 
  • Pretax Transportation Benefit
  • Generous Parental Leave policies
  • 401K (with a company match after 1 year of service)
  • Generous Paid Time Off policies
  • 13 Paid Holidays
  • ½ Day Summer Fridays
  • Complimentary or Discounted Sports & Concert Tickets
  • On Site Fitness Rooms
  • Other League & Partner Discounts

 

Details of participation in these benefit plans will be provided if a candidate receives an offer of employment.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, age, disability, gender identity, marital or veteran status, or any other protected class.

 

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