Corporate Finance & Strategy, Senior Financial Analyst at NBA - New York

New York

Posted a year ago

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Job Description

WORK OPTION: Hybrid

The NBA is committed to providing a safe and healthy workplace. To safeguard our employees and their families, our visitors, and the broader community from COVID-19, and in consideration of recommendations from health authorities and the NBA’s own advisors, any individual working onsite in our New York and New Jersey offices must be fully vaccinated against COVID-19. The NBA will discuss accommodations for individuals who cannot be vaccinated due to a medical reason or sincerely held religious belief, practice, or observance.

Position Summary:

The Corporate Finance & Strategy group provides analytical and transactional support to the NBA league office and to our 30 teams, with the goal of enabling the NBA to achieve its long-term financial targets. This group is also responsible for owning the NBA's near-term and long-term financial models, forecasting and analyzing the effects of the NBA's revenue sharing system across teams, helping to optimize the capital structure and grow the franchise values of our 30 teams, and providing support for board of governors meetings and board committee meetings.

The Corporate Finance & Strategy, Senior Financial Analyst will play a crucial role in furthering the group's efforts. This individual will perform extensive financial modeling and analysis as part of our group’s support of NBA teams and strategic league-wide initiatives, become a subject matter expert in the NBA’s unique financial systems (including revenue sharing) and reporting, and provide insight and support on other value-add financial analysis for senior management.

Major Responsibilities:

•Update and enhance the NBA's near-term and long-term financial forecast models

•Build additional financial models and analyses in support of individual NBA team transactions and strategic league-wide initiatives

Support quarterly team and league financial projection process, including analysis of team-submitted forecasts, integration of data from multiple sources, production of internal financial reports, and communication of key themes and implications to finance leadership

•Track and analyze the effects of the NBA’s revenue sharing system across our 30 teams

•Assist in the creation of presentation materials for NBA board meetings and other senior management requests

Collaborate with team members to provide quarterly and annual financial reports to our 30 NBA teams along with ad hoc benchmarking analyses to help drive informed decision making

Monitor the performance of comparable public companies across a variety of growth and capital structure related metrics and perform other related market research

•Provide other ad hoc financial analyses and scenario planning support as necessary

Required Education/Professional Experience:

•Bachelor's Degree required, preferably with a major in Finance/Business

•Minimum 2+ years relevant finance experience

•Preferred 2+ years of investment banking, equity research, corporate finance, or equivalent experience

Required Skills/Knowledge Attributes:

•Comfortable building complex financial models from scratch and able to quickly digest and adapt existing models

•Highest standards of accuracy and precision with deep attention to detail

•All-Star level of proficiency in Excel and comfort working in PowerPoint

•Outstanding problem-solving skills and a solution-oriented approach

•Strong written and oral communication skills; ability to explain and defend analyses, and distill complex information into digestible insights

•Proactive self-starter who can work independently given a set of objectives

•Experience balancing multiple simultaneous projects and workstreams in a dynamic, fast-paced environment

•Interest in (and knowledge of) sports and/or media industries preferred

•Salary Range: $110,000 - $125,000

Job Posting Title: Manager

We Consider Applicants For All Positions On The Basis Of Merit, Qualifications And Business Needs, And Without Regard To Race, Color, National Origin, Religion, Sex, Gender Identity, Age, Disability, Alienage Or Citizenship Status, Ancestry, Marital Status, Creed, Genetic Predisposition Or Carrier Status, Sexual Orientation, Veteran Status, Familial Status, Status As A Victim Of Domestic Violence Or Any Other Status Or Characteristic Protected By Applicable Federal, State, Or Local Law.