Director, Financial Planning & Analysis - Games Planning - LA 2028 Organizing Committee (Los Angeles · CA)

LA 2028 Organizing Committee jobs
Sports Jobs in Los Angeles · CA
Accounting and Finance: Controller/Director of Finance
Organization - Organizing Committee for the Olympic and Paralympic Games 2028 (“LA 2028”)

Overview:
Since being awarded the Games in September 2017, the organization has transitioned from a Bid Committee to an Organizing Committee. Among the key priorities of the Committee is to supplement the FP&A team with analytical rigor and new thinking to support the entire organization – from strategic preparation through the hosting of the Games. The Director/Sr. Manager of FP&A will partner with our business leaders to enable the organization to make better decisions faster by providing best-in-class analysis along with periodic and ad-hoc reports. Key projects will include ERP implementation, dashboard and custom report creation, as well as close calendar and reporting optimization. They will work across the business and with other finance team members to develop the annual operating plan and monthly/quarterly reporting packages.

About LA 2028:

LA 2028 is a non-profit public benefit corporation. The specific purpose of the organization is to improve and enhance the quality of life of the residents of the City of Los Angeles, California and the surrounding metropolitan area through the hosting of the Olympic and Paralympic Games in Los Angeles. Its core activities include: (1) planning, organization, financing, promotion, sponsorship, hosting and staging the Games, (2) raising funds to be used to plan, organize, finance, promote, sponsor, host or stage the Games, and (3) creating and implementing sustainability and legacy programs for the Games.



Currently, the organization is comprised of approximately 90 Full-time employees (including the joint venture with the United States Olympic and Paralympic Committee which focuses on commercial operations). Most employees are based at the headquarters in Los Angeles, with select employees in New York and Colorado Springs. The organization expects to run efficient operations with a modestly lean team for the next 3-4 years; however, much closer to the Games, the workforce will grow to thousands, including full-time employees, contractors, and volunteers.



LA 2028 expects to generate over $6B in revenue, primarily from disbursements from the IOC, ticketing, domestic sponsorships, and licensing. These revenues will cover all expenses, with a robust contingency, for planning and executing the Games, including temporary construction, workforce, and all operations for both the Olympic and Paralympic Games. LA 2028 will also invest up to $160M in youth sports in the City of Los Angeles to make sport more accessible and affordable to young Angelenos leading up to the Games in 2028 – beginning the legacy of LA 2028 now, not after the Games conclude.



LA is Games-ready today – LA 2028 will therefore spend the next decade focused not on permanent construction, but on enhancing the experience for athletes, spectators, and the community as it prepares the greatest Olympic and Paralympic Games in history. 

Position Summary:
  • The Director of FP&A is responsible for directing the organization’s financial processes that support planning, reporting and compliance.
  • Support development of LA 2028’s (and any related subsidiary organizations) strategic business plans through the creation of scenario analysis reports to help enable swift decision making.
  • Build an in-depth understanding of all lines of business and analyze key drivers for each, to be able to identify efficiencies and provide recommendations to improve results – either enhanced revenues or cost savings – across Games Planning and Delivery departments (Venues & Delivery, Ticketing and Hospitality, Games Operations, and Games Experience).
  • This role will manage both routine and advanced finance processes, including but not limited to; budgeting & cash flow management, enhancing management predictive reporting tools leveraging technology and best-practice workflow design, and supporting negotiations with key partners.
  • The Director of FP&A will work closely with all executives to support the long-term strategic planning process and an ongoing annual budget and financial plan, while emphasizing the values of integrity, excellence, optimism, collaboration, and inclusion in all forms.

Key Responsibilities:
  • Build a team within the finance function to manage cash forecasting, cash management, operational budgeting, and financial reporting to achieve fulfillment of the objectives and financial goals for the areas of the organization within your team’s scope. 
  • Build complex and dynamic financial models for the various lines of business (e.g. Ticketing and Pricing Models, Operations and Delivery, Accommodations, Food & Beverage, Live Events, and various others) to support frequent business plan updates and analysis for the continuous evaluation of short and long-term strategic financial objectives. 
  • Work extremely closely with Games Planning and Delivery leads to support venue use agreements, operations modeling, various Games scenario builds, and ongoing KPI reporting.
  • Provide recommendations to strategically enhance financial performance and business opportunities. 
  • Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends, and forecasts.
  • Provide executive management with advice on the financial implications of business activities.
  • Support processes for long-term strategic plan, financial forecasting, budgets, and reporting to LA 2028 and any related subsidiary organizations. 
  • Work closely with Procurement, Accounting, Tax, and other groups under Finance and Accounting to help implement strategy across the function and the impact to the enterprise. 
  • Optimize our portfolio of tools/systems to provide critical financial and operational information to the executive team and recommend actionable improvements to ensure the integrity of the company's financial information, systems, operations, and strategies.
  • Identify opportunities for process improvement on a continual basis. 

Education:
  • Bachelor’s degree in finance, accounting, or economics or related work experience. MBA nice to have 

Experience:
  • Proven experience as a Director of FP&A with excellent references.
  • 10+ years of FP&A experience with strong administrative skills.
  • Experience supporting operations of large-scale live events required. 
  • Experience in non-profit financial reporting preferred.
  • Expertise in finance best practices and ability to explain fundamentals to individuals at all levels within the organization.
  • Hands-on experience with creating and modeling financial statements.
  • Analytical skills including financial modeling, forecasting, and budgeting.
  • Experience with Adaptive Planning solution.
  • Experience with large scale ERP systems preferred.
  • Must possess excellent Microsoft Excel skills.
  • Proficient in all Microsoft Office applications.
  • Must have solid written and verbal communication skills.
  • Strong facilitation, training and troubleshooting skills.
  • Strong attention to detail and highly organized. 

Leadership:
  • Ability to perform in a fast-paced environment and handle and manage multiple workloads, priorities, and deadlines with efficiency.
  • Possess personal drive to start a project and see it through to completion.
  • Work with key stakeholders in the strategic planning process and provide appropriate and timely reporting of results.
  • Excellent interpersonal skills including the ability to work with individuals at all levels in the organization and strong relationship building abilities.
  • Ability to effectively communicate technical issues to non-technical people.  
  • Working hours on-call availability and able to respond remotely from any location.  

Job Questions:

  1. Please describe in detail any support of Operations of large scale live events.

  2. Yes/No: I have experience in live events or sports.

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