What are the responsibilities and job description for the Head of Finance position at The Path Entertainment Group?
Who we are:
The Path Entertainment Group is dedicated to creating world-class experiences. We bring first class live experience makers with world class renowned brands and IP to create dynamic and enthralling location-based entertainment.
The Path Entertainment Group has a strong desire to disrupt and find a strong audience base for popular culture led experiences. We are a company with people with rich skills in producing, content development, venue and space management and design, marketing, press and comms all under one roof.
Our Live Stage Production arm of The Path Entertainment Group, Showpath pushes the boundaries of exceptional theatre in order to reach a global audience. Following recent US production announcements including Monopoly Lifesized debuted in Denver, Colorado in October 2024 and the ongoing production of Dungeons and Dragons: Twenty Sided Tavern Off Broadway, which has transferred to Sydney Opera House and then on to a major US Tour next year.
UK made – internationally focused, with major rollout planned for the US and other markets. Our key ingredient is play. We fuse competitive socialising concepts with theatricality and globally recognised brands in major city markets across the globe.
Monopoly Lifesized the debut attraction of the Path Entertainment Group opened in London in 2021, and has since opened in Riyadh and Colorado, with a major international rollout Plan. SAW debuted in 2022 with Lionsgate followed by the Paddington Bear experience opening in May 2024, a major new landmark site, located opposite London's big Ben.
Overview:
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.
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.
Salary : $105 - $120