Milwaukee Brewers | Chief Financial Officer; Milwaukee, WI

The Chief Financial Officer (“CFO”) will provide direct, hands-on leadership for the financial operation of the club and related entities, including the direction of all finance, accounting, reporting and treasury.  In addition to the financial operation of the team and stadium, the CFO will also possess direct financial oversight of PCL and the Carolina Mudcats, as well as any and all future entities and ventures.

The CFO will lead and optimize the company’s financial management landscape, partnering with internal and external constituents to optimize procedures and controls in order to increase P&L profit margins.  Additionally, the CFO will partner with departmental leaders to establish annual goals and identify future growth opportunities for the individual lines of business and overall organizational initiatives.  The CFO is accountable for the financial operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.  The CFO will also provide hands-on leadership in all league and ownership reporting.

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Background:

For over 40 years, the Milwaukee Brewers have been a staple of summertime entertainment in the Midwest. Original owner Bud Selig worked to build an organization that took pride in representing not only the city of Milwaukee but the entire state of Wisconsin. Since then, it has housed baseball greats such as Hank Aaron, Robin Yount, Paul Molitor, Cecil Cooper, Rollie Fingers, and a number of memorable, high-profile events including two Major League All-Star games, the 1982 World Series, the 1981 American League Division Series, the 2008 and 2011 National League Division Series and 2011 National League Championship Series. Milwaukee baseball ushered in a new era with the 2001 opening of Miller Park, a $400 million stadium with a retractable roof that has received international recognition as one of the top sporting venues in the world. In both a 2014 survey conducted by The Sporting News and a 2012 survey conducted by ESPN, Miller Park was voted as Major League Baseball’s “Best Ballpark.”

As ownership transitioned to Mark Attanasio in 2005, the Milwaukee Brewers took significant strides on both the baseball and business fronts.  In addition, Attanasio and his management team have made it a priority to create environments second to none for both fans and employees. Continuous enhancement of offerings at Miller Park and throughout the community have produced record numbers of engaged fans while Attanasio’s management philosophy of providing staff with the resources needed to be successful fosters creative and effective teamwork internally. Overall, the organization’s culture embraces a collective approach around “one organization,” where open communication leads to an understanding that everyone is working toward the same ultimate goals.

In addition to the baseball team, the organization also has an ownership stake in Performance Clean, LLC (“PCL”), a sports venue cleaning company that oversees the cleaning of Miller Park and numerous other sports venues. In 2017, the organization also closed on a purchase of the Carolina Mudcats, the team’s High-A Carolina League affiliate.

Any interested candidates should contact Turnkey Search directly. Contacting the Brewers will only delay consideration of your qualifications.

Summary:

The Chief Financial Officer (“CFO”) will provide direct, hands-on leadership for the financial operation of the club and related entities, including the direction of all finance, accounting, reporting and treasury.  In addition to the financial operation of the team and stadium, the CFO will also possess direct financial oversight of PCL and the Carolina Mudcats, as well as any and all future entities and ventures.

The CFO will lead and optimize the company’s financial management landscape, partnering with internal and external constituents to optimize procedures and controls in order to increase P&L profit margins.  Additionally, the CFO will partner with departmental leaders to establish annual goals and identify future growth opportunities for the individual lines of business and overall organizational initiatives.  The CFO is accountable for the financial operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.  The CFO will also provide hands-on leadership in all league and ownership reporting.

Essential Duties and Responsibilities:

The CFO will be responsible for directing and overseeing all finance-related initiatives including, but not limited to:

  • Provide strategic leadership to the Finance department by setting overall strategy and vision to ensure department is aligned and strategies support the overall business goals.
  • Manage the entirety of the financial operation including, but not limited to: AP/AR; budgeting; financial and cash forecasting and management; financial planning, analysis and reporting; tax, banking/debt negotiations and relationship management; auditing; payroll; risk management; and MLB reporting.
  • Directly manage the current nine-person finance and accounting group, providing direct leadership and employee development while embodying a culture of accountability and collaboration.
  • Provide strategic leadership and business counsel at the executive level; provide financial support to the executive team and departmental leaders.
  • Direct the preparation of monthly, periodic and ad hoc financial reports including monthly financials, budgets, MLB League reporting and other analyses for management; present recommendations for changes and/or improvements as needed. Direct the compilation of financial information and the preparation of all reporting, partner with the MLB League Office to ensure the organization is in full compliance with all league requirements.
  • Lead the annual corporate planning and annual budget process, including revenue, expense, balance sheet and cash flow and manage annual budget with department heads including preparation of revisions and final budget.
  • Direct all tax accounting and analysis in partnership with outside accountants.
  • Direct the audit process in partnership with outside partners.
  • Assess the financial performance compared to the plans on a regular basis, identify and monitor key performance indicators, and provide guidance on corrective measures.
  • Provide a financial perspective on innovation and profitable growth; leverage this perspective to improve risk-awareness, strategic decision-making and performance management integration.
  • Provide financial and strategic analysis and recommendation during the identification and/or negotiation of new business lines or entities.
  • Perform periodic reporting for ownership.

Qualifications:

  • 8-10+ years of financial leadership experience; experience as a standalone CFO preferred, but not required.
  • Experience as a senior financial leader of a professional sports team or other live entertainment organization preferred, but not required.  Experience outside these industries will be considered; experience working in sectors adjacent to sports and entertainment, such as hospitality, media and gaming a plus.
  • A diversity of experience across a broad range of functional finance areas including: financial planning and analysis, accounting and controls, budgeting, treasury and tax is important.
  • Bachelor’s degree in Accounting, Finance, Business, or related field; Master’s degree preferred.
  • Certified Public Accountant (CPA) designation strongly preferred.
  • Excellent understanding and demonstrated success in building, motivating and leading high-performance teams.
  • Proven developer of employee talents. A self-improver and a team-improver.
  • Demonstrated communication, time management and organizational skills.
  • Proven ability to multi-task and manage projects on strict deadlines.
  • A track record of adding value to the strategic growth and direction of the company, while still maintaining an ability to be very hands on and detail oriented.
  • Demonstrated ability to think proactively and a confident decision maker who will challenge the status quo by finding creative financial solutions, while remaining sensitive to the complexities and multidimensional aspects of the company.
  • Superior written and verbal communication skills.
  • Strong ability to work well in a collaborative, team environment.
2017-10-25T10:13:36+00:00

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