Head of Finance

1 month ago

New York, United States The Path Entertainment Group Full time

Overview:

We are seeking an experienced and detail-oriented Head of Finance to lead our financial operations for our multi site attraction. This role will be responsible for all financial planning, analysis, reporting, and compliance, including adherence to Sarbanes-Oxley (SOX) and other relevant financial regulations. The ideal candidate will have a strong background in finance leadership, with a deep understanding of U.S. financial regulations, corporate governance, and strategic financial management.


Building strong relationships of leadership internally and externally by ensuring our core values; Pioneers, Act, Trust, Hunger, Excellence, Nimble, Talent and Smart have visibility within the business.


Role and responsibilities:

Financial Strategy & Planning:

  • Develop, implement and execute the financial strategy for The Path Entertainment Group’s New York operations, aligning with the company’s overall business objectives.
  • Lead the financial planning and budgeting processes, ensuring accurate forecasting, analysis, and financial modelling.
  • Provide strategic financial insights and recommendations to senior leadership to drive growth, profitability, and sustainability.
  • Work with UK based finance team on inter office transactions, process and best working practices.


Financial Reporting & Analysis:

  • Oversee the preparation and presentation of accurate and timely financial statements, including P&L, balance sheets, cash flow statements, and variance analysis.
  • Monitor key financial metrics and performance indicators, providing regular reports and actionable insights to the executive team.
  • Ensure compliance with U.S. GAAP and other relevant accounting standards.
  • Prepare and work with MD on regular reporting for stakeholders such as IP owners and investors.


Compliance & Legal Responsibilities:

  • Ensure full compliance with Sarbanes-Oxley (SOX) requirements, including the implementation and monitoring of internal controls over financial reporting.
  • Oversee all legal and regulatory compliance related to finance, including tax filings, audits, and corporate governance.
  • Work closely with external auditors, legal advisors, and regulatory bodies to ensure adherence to all financial laws and regulations.


Risk Management & Internal Controls:

  • Develop and maintain robust internal controls to safeguard company assets and ensure the integrity of financial processes.
  • Identify financial risks and develop strategies to mitigate them, including the management of insurance, hedging, and other risk management tools.
  • Conduct regular reviews and updates of financial policies and procedures to ensure they remain effective and compliant.
  • Update the company policy and security documentation regularly in line with best practises. Conduct and record training where required with key team members.


Cash Flow & Treasury Management:

  • Oversee cash flow management, ensuring the company maintains adequate liquidity to meet its operational needs and growth objectives.
  • Manage relationships with banks and financial institutions, optimising the company’s capital structure and funding options.
  • Monitor and manage currency risk, interest rates, and other factors that impact the company’s financial stability.


Budget Management & Cost Control:

  • Oversee the development and management of the annual budget, ensuring efficient allocation of resources and adherence to budgetary constraints.
  • Implement cost control measures to enhance profitability without compromising operational effectiveness.
  • Conduct regular financial reviews to identify cost-saving opportunities and optimize financial performance.
  • Support the wider team on financial understanding by breakdown down key budget and cost management items on a granular level, to best empower both head office and site teams to deliver their best on financial process and delivery.


Team Leadership & Development:

  • Lead and mentor the finance team, fostering a culture of excellence, accountability, and continuous improvement.
  • Provide ongoing training and development opportunities to ensure the team is equipped with the latest financial knowledge and skills.
  • Set clear performance goals and ensure KPIs are regularly reviewed, evaluate team progress, ensuring alignment with the company’s financial objectives.
  • Ensure performance reviews take place and development plans are set.


Health and Safety:

  • Proactively support the Company’s health and safety agenda.
  • Ensure all team members are aware of their Health and Safety responsibilities as required by the company Health and Safety Policy, monitor compliance with procedural requirements.
  • To be aware of and comply with safe working practices as laid down under the Health and Safety policy as applicable to your place of work, including awareness of any specific hazards in your Workplace.
  • Ensuring the wearing of appropriate protective clothing provided by or recommended by the Company will be obligatory and ensure this is applied across all departments where applicable.
  • Report any defects in the building, plant or equipment according to company procedures.
  • Ensure that any accidents to team members, customers or visitors are reported immediately in accordance with correct procedures and ensure awareness of these procedures across the company.
  • Attend Statutory Fire and any relevant Health and Safety training, be fully conversant with and abide by all rules concerning Fire and Health and Safety. Be vigilant in ensuring this is managed effectively across the operation.
  • To be fully conversant with all Risk Assessments for your departments chemical and hazardous substance regulations, Fire and Bomb Procedures and ensure the team are up to date and proactively manage their responsibilities in these areas.


Experience:

  • Proven experience in a senior finance role, preferably within the entertainment, hospitality, or retail industries.
  • Extensive experience with U.S. GAAP, SOX compliance, and other relevant financial regulations in the U.S. market.
  • Proven track record in strategic financial management, including financial planning, analysis, and reporting.


Skills:

  • Strong leadership and team management skills, with the ability to inspire and develop a high-performing finance team.
  • Exceptional analytical and problem-solving abilities, with a keen eye for detail and accuracy.
  • Excellent communication and interpersonal skills, with the ability to effectively present financial information to non-financial stakeholders.
  • Proficiency in financial software and ERP systems, with a strong understanding of financial analytics tools.



Equal Opportunities

The Path Entertainment Group is committed to promoting equality of opportunity for all and will not discriminate against individuals on the basis of race, color, ethnicity, national origin, sex, gender identity, gender expression, sexual orientation, age, marital status, disability, religion, pregnancy, veteran status, or any other legally protected characteristic in the engagement of personnel. This commitment extends to compliance with all applicable laws and regulations, including those governing equal employment opportunities in the United States.

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