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Accounting Intern

Company Description

At Maple Leaf Sports & Entertainment Partnership (MLSE), we are committed to creating an inclusive workplace that is representative of our community and where all employees feel they belong and can reach their full potential. We are Canada’s preeminent leader in delivering top quality sport and entertainment experiences and one of North America’s leading providers of exceptional fan experiences. We are the parent company of the National Hockey League’s Toronto Maple Leafs, the National Basketball Association’s Toronto Raptors, Major League Soccer’s Toronto FC, the Canadian Football League’s Toronto Argonauts and development teams with the Toronto Marlies (American Hockey League), Raptors 905 (NBA G League), Toronto FC II (MLS NEXT Pro League) and Raptors Uprising Gaming Club, the Toronto Raptors Esports franchise in the NBA 2K League.

MLSE owns and/or operates all the venues our teams play and train in, including Scotiabank Arena, BMO Field, Coca-Cola Coliseum, Ford Performance Centre, BMO Training Ground, and OVO Athletic Centre. We also provide fans in Toronto with incredible live music and entertainment events, as well as exceptional culinary experiences through our restaurants (e11even and RS) and clubs (Hot Stove Club, ScotiaClub and Platinum Club). Through MLSE Foundation, we have invested more than $45 million into Ontario communities since 2009 and with MLSE LaunchPad, we provide a place where youth facing barriers use sport to recognize and reach their potential.

We achieve all of this through our Common Purpose - to unite and empower our employees to create extraordinary moments for our fans and each other. Come be a part of the team.

Job Description

Reporting to the Manager, Treasury and the Manager, Accounts Payable, the Accounting Intern – Treasury and Tax will have the unique opportunity to gain hands-on experience in developing technical accounting skills as part of a leading Sports & Entertainment Company by assisting and coordinating a variety of financial reporting/ treasury functions and developing communication skills by liaising with other finance team members and cross-functional business units.

MLSE's Internship term dates are from May 5, 2025 – August 29, 2025 

  • Assist in entering cash transactions and month end bank reconciliations.
  • Assist in the preparation of US tax extension filings.
  • Monitor ticket sales-related deposits and process payment vouchers to be sent to the ticketing administration team.
  • Provide support for the Accounts Payable department.
  • Perform monthly calculations and reconciliations for key accounts.
  • Assist in the preparation of P&L’s for supported departments, along with variance analysis comparing actual results to plan and forecast.
  • Participate in special projects as needed.

Qualifications

Note: Before reviewing the qualifications listed below, we want you to know that we understand you may not meet all the qualifications described and have other relevant expertise and experience.  We invite you to please share this with us in the "Message to the Hiring Manager" section of our online application.

  • You are working towards the completion of an undergraduate degree and pre-requisites for entry into the CPA Professional Education Program. You also have the intention to pursue a CPA designation.
  • You have strong analytical skills and the ability to analyze and interpret data.
  • Experience with Microsoft Office Suites (Excel, PowerPoint, and Word) – candidates with demonstrated skill at Excel (performing VLOOKUP’s, pivot tables, and other data cleaning abilities) considered an asset.
  • You demonstrate initiative and can work independently and as part of a team.
  • You have strong interpersonal and communication (written and verbal) skills.
  • You can establish and maintain effective working relationships with other departments.
  • You possess outstanding organization skills with the ability to independently manage your time and organize multiple work activities and inputs.
  • You love learning and constantly applying new skills to unfamiliar tasks.
  • Available for regular weekday shifts during normal business hours.

Additional Information

Apply by: February 16th 2025

Experience the thrill of the Sports & Entertainment industry in a flexible (hybrid) work environment that supports employee wellbeing.

As a part of our recruitment process AI may be utilized to: screen applications, assess qualifications, and enhance candidate selection. We remain committed to ensuring a fair and equitable hiring experience for all candidates.

We thank all applicants for their interest, however, only those selected for an interview will be contacted. 

At MLSE, we are committed to building an equitable, diverse and inclusive organization.

We are an equal opportunity employer and we do not discriminate on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity, gender expression, age, record of offences, marital status, family status or disability. MLSE will provide reasonable accommodation for qualified individuals with disabilities in the job application process. If you have difficulty using our online application system and you need an accommodation due to a disability, please email [email protected]. Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered. 

#LI-DNP

What You Should Know About Accounting Intern, MLSE

Are you ready to jumpstart your career? At Maple Leaf Sports & Entertainment (MLSE), we’re excited to offer the role of Accounting Intern – Treasury and Tax, an incredible opportunity for anyone looking to gain hands-on experience in the heart of Canada’s premier sports and entertainment company. As myriads of thrilling events unfold at MLSE, from Toronto Maple Leafs games to live concerts, you'll be right in the thick of it all while expanding your accounting skillset. Throughout the internship, running from May 5, 2025, to August 29, 2025, you'll report to the Manager, Treasury and the Manager, Accounts Payable, where you’ll get involved in various tasks such as month-end bank reconciliations, entering cash transactions, monitoring ticket sales-related deposits, and supporting the accounts payable department. Your keen analytical skills will shine as you assist in preparing P&Ls with variance analysis, monthly reconciliations for key accounts, and even get your hands dirty with special projects. We’re looking for college students eager to pursue a CPA designation who have a solid foundational knowledge of accounting principles. Strong Microsoft Excel skills are a plus, and the ability to work independently while communicating effectively within a team is essential. If you're passionate about the sports and entertainment industry and want to make a real impact while learning from seasoned professionals, we invite you to join us at MLSE. Come be part of creating extraordinary moments for our fans and for yourselves!

Frequently Asked Questions (FAQs) for Accounting Intern Role at MLSE
What are the main responsibilities of the Accounting Intern at Maple Leaf Sports & Entertainment?

As an Accounting Intern at Maple Leaf Sports & Entertainment, your primary responsibilities will revolve around assisting with cash transactions, conducting month-end bank reconciliations, and preparing US tax extension filings. You’ll support the accounts payable department by processing payment vouchers, monitoring ticket sales-related deposits, and performing essential monthly calculations and reconciliations for key accounts. This internship offers a fantastic opportunity to gain hands-on experience that complements your academic knowledge.

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What qualifications are needed for the Accounting Intern position at MLSE?

To be considered for the Accounting Intern position at Maple Leaf Sports & Entertainment, candidates should be pursuing an undergraduate degree with prerequisites for entry into the CPA Professional Education Program. Strong analytical skills, a passion for learning, and proficiency in Microsoft Office Suite, particularly Excel, are essential. Additionally, possessing excellent communication skills and the ability to work both independently and as part of a team will help you succeed in this role.

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When does the Accounting Intern position at MLSE take place?

The accounting internship at Maple Leaf Sports & Entertainment is scheduled from May 5, 2025, to August 29, 2025. This summer program gives you a chance to dive into the finance and accounting departments fully while experiencing the vibrant atmosphere of a leading sports and entertainment organization in Canada.

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What skills are beneficial for success as an Accounting Intern at MLSE?

As an Accounting Intern with Maple Leaf Sports & Entertainment, strong analytical skills, organization, and communication abilities are particularly beneficial. Knowledge of Excel functionalities such as VLOOKUPs and pivot tables would give you an advantage. Additionally, showing initiative, being capable of managing multiple tasks, and establishing positive working relationships will help you thrive in this dynamic environment.

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Is the Accounting Intern position at MLSE a remote opportunity?

The Accounting Intern position at Maple Leaf Sports & Entertainment allows for a flexible (hybrid) work environment. While working in the exciting sports and entertainment realm, you'll have the chance to collaborate with your colleagues both in-person and remotely, ensuring a balanced work experience that supports employee wellbeing.

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Common Interview Questions for Accounting Intern
How do you prioritize multiple tasks in an accounting role?

When faced with multiple tasks, I prioritize by assessing deadlines, the impact of each task, and any dependencies. I find using a task management system or checklist helpful in ensuring that I stay organized and focused. Moreover, I always communicate with my supervisors to align on priorities, ensuring that critical tasks are handled first.

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Can you explain a time when you analyzed financial data?

In a previous course project, I analyzed financial statements for a mock company to evaluate its profitability. I used ratio analysis to measure the company's performance, comparing year-over-year data to identify trends. This experience taught me the importance of looking beyond the numbers to derive actionable insights.

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What do you understand about bank reconciliations?

Bank reconciliations involve matching the balances in the bank statement with the company's financial records to ensure accuracy. I understand the process includes identifying discrepancies, such as outstanding checks or deposits in transit, and addressing errors in the accounting records. It's crucial for maintaining accurate financial reporting.

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What accounting software are you familiar with?

While I primarily use Excel for various accounting tasks, I have also been exposed to QuickBooks and Sage through coursework. I’m eager to learn and adapt to any specific software MLSE uses, as I believe grasping a range of tools enhances my ability to contribute effectively.

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How do you handle constructive criticism?

I view constructive criticism as a valuable opportunity for growth. When I receive feedback, I take a moment to reflect on it before making changes. I appreciate insights that help refine my skills and contribute to my overall development, especially in a learning environment like the internship at MLSE.

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Why do you want to work for Maple Leaf Sports & Entertainment?

I am passionate about sports and finance, and MLSE represents the epitome of this blend. The company’s commitment to creating extraordinary moments for fans resonates with my values. Being part of a team that plays a key role in the entertainment and sports industry excites me, and I see this internship as an excellent opportunity to develop my career.

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Describe your experience working as part of a team.

In my university group projects, I’ve often collaborated with classmates to achieve shared goals. I focus on clear communication, dividing tasks based on each member's strengths, and providing support. This teamwork led us to successfully complete our projects ahead of deadlines, showing me the power of collaboration.

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How do you stay organized while completing accounting tasks?

I utilize a combination of digital tools and traditional methods to keep my work organized. Calendar reminders, task lists, and detailed notes help me track progress and deadlines. Additionally, I regularly review my workload to ensure I’m on track and can make adjustments if any last-minute tasks arise.

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Tell us about a time you had to explain financial concepts to someone without a finance background.

In a previous internship, I had to explain basic budget management to a colleague from marketing. I focused on using simple language and visuals to illustrate how budgets work. By relating concepts to their daily operations, I helped them understand the importance of managing resources effectively.

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What role do ethics play in accounting?

Ethics are fundamental in accounting as they ensure transparency and integrity in financial reporting. Ethical behavior promotes trust in financial statements among stakeholders and is critical in maintaining the reputation of the organization. I believe that strong ethical foundations are essential for a successful accounting career, especially in a well-respected organization like MLSE.

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Maple Leaf Sports & Entertainment Ltd. (MLSE) is Canada’s preeminent leader in delivering top quality sport and entertainment experiences to our fans. The company was founded in 1931 and is headquartered in Toronto, Ontario.

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Internship, hybrid
DATE POSTED
February 6, 2025

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