Senior
Sportradar · Vienna, Austria · On-site
Apply on Sportradar's site →Goes straight to the employer's own hiring page. We never sit in between.
Account for sports rights and lease contracts end to end including capitalization, amortization and reconciliations.
Worth knowing: Office-first with four days a week in office required
We’re the world’s leading sports technology company, at the intersection between sports, media, and betting. More than 1,700 sports federations, media outlets, betting operators, and consumer platforms across 120 countries rely on our know-how and technology to boost their business. Job Description About the role   Sportradar enters into license agreements with sports leagues for the right to supply data and/or live video feeds to the betting industry and the media. These agreements are complex, the rights granted vary by agreement, and they are accounted for as intangible assets under IAS 38, which involves a significant degree of judgement. As part of Sportradar’s SOX controls, every new and amended sports rights license agreement is assessed for capitalization. In this role you support the end-to-end accounting of sports rights and leases in line with IFRS and SOX: operational accounting, contract and payment data maintenance, monthly reporting, reconciliations and process improvements. You work closely with FP&A, Partnerships, Corporate Systems and other Accounting functions. THE CHALLENGE: Sports rights and lease accounting Review and analyze sports rights and lease contracts (new acquisitions, renewals and amendments) to support their accounting treatment, including fixed and variable payments, capitalization date, extension and termination clauses, and value-in-kind components Perform data entries, postings, reconciliations and supporting schedules for new, renewed and amended contracts Maintain detailed records of all sports rights and lease contracts, payments and related accounting calculations Month-end close and calculations Support the monthly, quarterly and annual close for sports rights and leases Prepare accruals, prepayments, amortization schedules (seasonal straight-line amortization during contract life) and balance sheet reconciliations Perform net present value and discounted cash flow calculations, discounting contractual license payments at the incremental borrowing rate plus country risk premium Adjust monthly accruals for variable content and revenue share agreements based on business-provided forecasts, actuals, and supporting inputs.
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