Accounting and Finance Analyst, IMS

Penske Entertainment
  • Indianapolis, Indiana
    3 days ago

    Job Description

    POSITION TITLE:
    Accounting and Finance Analyst, IMS

    REPORTS TO:
    Accounting Manager, IMS

    LOCATION:
    Indianapolis, IN

    FLSA STATUS:
    Exempt

    EMPLOYMENT TYPE:
    Full-Time

     

    ABOUT US

    At Penske Entertainment, we don’t just host world-class events, we create unforgettable moments. Our team fuels four iconic motorsports brands:

    • Indianapolis Motor Speedway (IMS) – home of the world’s largest spectator sporting facility and annually hosts the world’s most prestigious auto race: the Indianapolis 500 presented by Gainbridge.
    • INDYCAR - The Indianapolis-based governing body for North America's premier open-wheel auto racing series, the NTT INDYCAR SERIES, and its developmental series, INDY NXT by Firestone.
    • IMS Productions - A multifaceted broadcast and multimedia division that helps bring INDYCAR and IMS events to life for global audiences.
    • Motorsports Events Management (MEM) – Promotes major events featuring premier motorsports series throughout the United States.

    Whether on the track, behind the scenes, or on the screen, our people are at the heart of everything we do. If you’re ready for a career where excitement, purpose, and impact collide—we want to meet you.

     

    WHAT YOU’LL DO

    The Accounting and Finance Analyst works closely with departments across IMS to support accounting operations, budgeting, forecasting, and financial reporting. This role helps analyze financial results, prepare key reports, support month-end close activities, maintain accurate financial records, and identify opportunities to improve processes and efficiencies.

             

    YOUR RESPONSIBILITIES

    Accounting and Month-End Close

    • Prepare monthly journal entries including expense accruals, prepaid amortization, and event reclassifications
    • Reconcile balance sheet accounts and resolve discrepancies
    • Review AP invoice GL coding for accuracy and consistency with 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

    Financial Planning and Analysis

    • 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

    Business Partnership and Process Improvement

    • 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

     

    WHAT YOU BRING

    We’re looking for someone who’s ready to bring great effort every day and is committed to growing with us.

    Required Experience & Skills:

    • Entry-level position; prior internship or up to 1 year of related experience preferred
    • Working knowledge of US GAAP
    • Experience with financial and management reporting
    • Advanced skills in Microsoft Excel, including complex formulas and pivot tables
    • Strong analytical skills, with 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
    • Experience with Microsoft Dynamics GP and/or Workday Adaptive is a plus

    Education:

    • Bachelor’s degree in accounting or finance

    Leadership:

    • This role does not have direct supervisory responsibilities.

     

    FLEXIBILITY & TRAVEL

    • Standard hours are Monday–Friday, 8:30 AM to 5:00 PM
    • Extended hours required during race weekends and key event periods (especially May)
    • No travel required
    • Our teams work together to create flexibility that supports life in and out of work

     

    PHYSICAL DEMANDS

    • Primarily desk-based work involving extended periods of computer use
    • Extended periods of standing or walking (as needed)
    • Comfort working indoors/outdoors and around event noise

     

    WORK ENVIRONMENT

    • Fast-paced, collaborative office and event settings

     

    BENEFITS & PERKS

    We take care of our team with a competitive benefits package that includes:

    • Medical, dental, vision, and life insurance
    • 401(k) with 100% company match up to 5%
    • Paid vacation, personal, and sick days + 12 paid holidays
    • Generous paid parental leave and tuition assistance
    • On-site fitness center and wellness programs
    • Discounts on meals, gear, and more

     

    EQUAL OPPORTUNITY

    Penske Entertainment is proud to be an equal opportunity employer. We’re committed to creating a workplace where everyone can thrive—regardless of race, gender, orientation, background, or ability.

     

    Numbers & Facts

    LocationIndianapolis, Indiana
    Websitehttps://www.indianapolismotorspeedway.com/-/media/IMS/pdf/CCPA Notice at Collection IMS

    Skills

    • Accountingunmatched
    • Accounting Closeunmatched
    • Accounts Payableunmatched
    • Accrual-Basis Accountingunmatched
    • Analysis Skillsunmatched
    • Balance Sheetunmatched
    • Billingunmatched
    • Broadcastingunmatched
    • Budgetingunmatched
    • Business Analysisunmatched
    • Business Operationsunmatched
    • Car Racingunmatched
    • Communication Skillsunmatched
    • Detail Orientedunmatched
    • Documentationunmatched
    • Establish Prioritiesunmatched
    • Event Managementunmatched
    • Fast Foodunmatched
    • Financeunmatched
    • Financial Analysisunmatched
    • Financial Planningunmatched
    • Financial Planning and Analysis (FP&A)unmatched
    • Financial Reportingunmatched
    • Forecastingunmatched
    • Generally Accepted Accounting Principles (GAAP)unmatched
    • IP Multimedia System (IMS)unmatched
    • Journal Entriesunmatched
    • Leadershipunmatched
    • Management Reportingunmatched
    • Metricsunmatched
    • Microsoft Dynamics GP (fka Great Plains Dynamics)unmatched
    • Microsoft Excelunmatched
    • Multimediaunmatched
    • Operational Auditunmatched
    • Operational Supportunmatched
    • Organizational Skillsunmatched
    • Physical Demandsunmatched
    • Pivot Tablesunmatched
    • Process Improvementunmatched
    • Reconciliationunmatched
    • Record Keepingunmatched
    • Reporting Skillsunmatched
    • Systems Administration/Managementunmatched
    • Team Playerunmatched
    • Time Managementunmatched
    • Variance Analysisunmatched

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