Finance Director

21 hours ago

Los Angeles, United States Commonwealth Sports Full time

About The Role

As Finance Director at Commonwealth, the leading fractional athlete platform, you'll be at the forefront of revolutionizing sports finance. The second hire on our finance and operations team, this role is ideal for an ambitious accounting or finance leader with a startup mindset, seeking to step into a broader operations and strategy role. You will make a significant impact on the success of the company, participating in every aspect of startup operations alongside the founding team, with an expectation you share your ideas and make your voice heard. Expectation of growth into a Controller or VP of Finance as Commonwealth scales.

In This Role You Will

  • Work cross-functionally to create new athlete offerings and launch new sports verticals while building rapidly scalable internal processes
  • Lead in the creation, structuring, and documentation of crowdfunding offerings
  • Own core accounting functions including GAAP financial reporting, transaction management, SEC reporting, month-end close, treasury, and annual audit
  • Collaborate across departments to drive strategic initiatives, including product development, customer acquisition, and platform improvements
  • Oversee state and federal tax, reporting, and compliance filings across multiple business entities, ensuring all financial, tax, and legal obligations are met
  • Partner with leadership to evaluate investment structures, funding strategies, and partnerships that will fuel company growth and expand our platform
  • Be a high-impact leader, solving diverse and complex operational challenges as the company scales

Skills You'll Need to Bring

  • Excellent project management and delivery. You're excited to collaborate with cross-functional stakeholders and over-communicate blockers and updates
  • At-ease juggling multiple projects and tasks at one time, and shifting quickly between them as priorities change
  • Self-starter who can work with minimal supervision and always seeks to improve
  • Consistently deliver organized, quality work; obsessed with accuracy.
  • Ability to operate in unknowns and propose and build out concrete solutions
  • Knowledge of the SEC's Regulation Crowdfunding and required reporting
  • Adept at recording transactions, preparing journal entries, leading month-end close, and producing accurate financial statements
  • Experience with Quickbooks/Netsuite, CRM, Notion, and Google Workspace
  • 4+ years of professional finance or accounting experience, ideally in a fast-moving tech startup

Commonwealth believes diversity drives innovation and is committed to creating a workplace that values passion and potential. If you're excited about a role but your past experience doesn't align perfectly with every bullet point listed in the job description, you are encouraged to still apply. The position offers competitive salary and meaningful equity. Total compensation will be based on multiple factors such as location, the role's scope and complexity, and the candidate's experience and expertise. Commonwealth offers great health care and benefits, generous PTO, and the opportunity to be part of a team redefining how fans support and engage with athletes.

About Commonwealth

Backed by leading early-stage investors, Commonwealth is the premier platform for fractional investment in athletes. Our mission is to democratize access to sports finance by enabling fans to invest in athletes' careers and share in their success. We are both powering athletes' careers and opening up new ways for fans to connect with players in their favorite sports. Known for winning the 2023 Kentucky Derby, we have since expanded into golf, tennis, and sports teams with marquee signings in each sport.

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