Accounting and Finance Analyst, IMS

Indianapolis Motor Speedway•Indianapolis, IN

3d•Onsite

About The Position

The Accounting and Finance Analyst works closely with departments across Indianapolis Motor Speedway (IMS) to support accounting operations, budgeting, forecasting, and financial reporting. The role analyzes financial results, prepares key reports, supports month-end close activities, maintains accurate financial records, and identifies opportunities to improve processes and efficiencies. The position partners with the Accounting Manager and IMS departments on monthly financial reporting and variance analysis, the annual plan and forecasts, operational metrics, and ad hoc reporting. It also supports accounting close tasks, quarterly music rights reporting, and year-end audit preparation.

Requirements

Working knowledge of US GAAP.
Experience with financial and management reporting.
Advanced Microsoft Excel skills, including complex formulas and pivot tables.
Strong analytical skills, including the ability to explain variances and trends.
Attention to detail and excellent organizational skills.
Ability to prioritize competing deadlines and deliver accurate results under time pressure.
Innovative thinker and self-starter.
Effective communication and collaboration skills.
Alignment with Penske Entertainment’s core values and standards.
Bachelor’s degree in accounting or finance.

Nice To Haves

Prior internship or up to 1 year of related experience.
Experience with Microsoft Dynamics GP and/or Workday Adaptive.

Responsibilities

Prepare monthly journal entries, including expense accruals, prepaid amortization, and event reclassifications.
Reconcile balance sheet accounts and resolve discrepancies.
Review accounts payable invoice general ledger coding for accuracy and consistency with the chart of accounts and financial plan.
Prepare documentation for recurring third-party invoices.
Prepare quarterly music rights reporting.
Support the year-end audit by gathering documentation and/or preparing schedules.
Partner with the Accounting Manager to prepare monthly reporting packages, with an emphasis on variance analysis.
Review monthly results with department heads and document the drivers of variances to plan.
Support the annual plan and forecasts, including management of the planning system.
Analyze key business operations and metrics.
Serve as a financial business partner to IMS departments.
Identify and implement process improvements that increase accuracy and efficiency.
Complete ad hoc reporting and analysis requests.