Careers at MGA Entertainment

Company Summary: MGA Entertainment, Inc., a consumer entertainment products company headquartered in Chatsworth, California creates innovative proprietary and licensed products including toys and games, dolls, consumer electronics, home décor, stationery and sporting goods. The MGA family includes award-winning brands such as L.O.L. Surprise!™,Little Tikes®, Secret Crush™, Tobi™ Robot Smartwatch, Rainbow High™, Poopsie Slime Surprise!™, Sing-a-Long Lilly and Ami, Rescue Tales™, VIRO Rides™, Na! Na! Na! Surprise™ and Zapf Creation®. Visit us at www.mgae.com

Mission: Ensure the growth of MGA Entertainment while Driving Financial Health and Business Sustainability. Partner with CEO and executive leadership team to create strategy and process to drive the business growth, innovation and profitability. 

ADDITIONAL RESPONSIBILITIES

1. Responsible for the development, analysis and interpretation of statistical and accounting information to appraise operating results in terms of costs, budgets, policies, trends cash flow and increased profit possibilities for a global organization 
2. Initiate and enforce measures and procedures to ensure that the business of the Company shall be conducted with the maximum efficiency, in compliance with applicable laws and regulations, both domestic and internationally, in a cost-effective manner with an optimal return on investment and growth prospects
3. Establish and maintain a system of internal controls to protect the company’s assets and properly report financial results
4. Safeguard the organization’s financial reporting-internal and external- including compliance with the various tax and financial regulations affecting the organization worldwide

Key Result Areas          Time Utilization

1. Manage development/implementation of the global strategic business plan, 

  budgets, and forecasts         25%

1. Manage global financial reporting accounting 

  budget, credit, insurance, tax reporting and treasury/cash management

  functions           30%

1. Lead profitability analysis by business unit/product line/new project   10%

1. Develop and implement financial controls and policies     15%   
2. Building Team         10%   
3. Lead outside audit, corporate insurance and tax relations     10%    

TOTAL TIME UTILIZATION           100%   

Key Result Areas:

1. Business Plan, Budgets

• Approve and release monthly financial package within two weeks of month-end including variance analysis vs. budget and previous year.
• Manage departmental S, G & A budgets and review with department heads on a quarterly basis.

2. Cash Flow Management

• Project cash and debt requirements.
• Develop and recommend optimal financing for internal projects or acquisitions.

3. Profitability Analysis of New Products/Product Lines

• Develop a reporting system to measure profitability by product or product line, which is consistent with the global organization.

4. Corporate Insurance/Risk Management

• Ensure all company assets are properly tracked and adequately insured across multiple sites.

5. Bank Relations

• Manage domestic and international bank relationships and review on a periodic basis the company credit needs. 

6. Outside Audit and Tax Relations

• Provide global tax planning at least a year in advance.
• Negotiate and manage outside auditor, tax relationships and fees.
• Develop effective global income tax planning strategies 

7. Financial Controls and Policy Procedures

• Review and update existing policies and procedures; ensure they are implemented and communicated to the entire company.
• Develop a 3-year plan to set internal controls in compliance with Sarbanes-Oxley section 404.
• Ensure that all company employees adhere to company policy and procedures.

8. Business Development

• Lead, manage, deliver guidance and support to CEO and executive team on: 
  • Merger/Acquisition Planning
  • IPO Readiness

POSITION REQUIREMENTS

Education/Experience:

• MBA with an emphasis Finance and Accounting. CPA preferred.  
• Minimum ten years experience showing increasing responsibilities in all aspects of the position described above
• Previous CFO experience of 
• Hands-on experience and leadership in developing reporting packages for senior management
• Experience managing a global organization with US, EMEA, APAC and LATAM sites 
• Working Knowledge of transfer pricing, currency exchange, glo
• Proven experience in review and implementation of policies and procedures covering all financial functions
• Strong focus on the bottom line and cost controls
• Excellent analytical skills
• Ability to develop and implement business plans
• Good people and management skills with a proven ability to coach and build teams
• Proven experience in leading M&A activities
• Proven success at executing IPO transactions
• Demonstrated experience in successfully managing complex organizational initiatives and change efforts
• Experience leading or supporting an organization on a global scale
• Legal and SEC (IPO and Sarbanes-Oxley) experience (Preferred)
• Experience with consolidation and operations in multiple countries; exposure to multi-national corporation finance and tax issues (Preferred)
• Strong knowledge of toy and/or fast-moving consumer goods industries (Preferred).

Skills/Knowledge/Ability:

• Extremely well-organized, take-charge professional who makes things happen, and who has a strong orientation to quality, accuracy, and timeliness. Timeliness is crucial for trends to be exploited and negative trends to be immediately addressed
• Ability to manage an international multi-site business 
• Capable of assessing and building a world-class finance team
• Provide guidance and development for finance team in SEC reporting, controls, taxes and financial oversight 
• Able to provide hands-on support as well as strategic partnership 
• Fully committed individual, able to work the necessary hours to accomplish the job
• Detail-oriented.
• Knowledge of effective income tax planning strategies 
• Great interpersonal and management skills
• Excellent follow-through skills
• Strategic visionary.

Authority:

• Report to the CEO
• Oversee all financial functions including accounting, budget, credit, insurance, tax and treasury both domestic and international 
• Member of the Executive Committee.