Controlador de Proyectos Financieros y Contables

Location: Chazo

Financial & Accounting Project Controller – Madrid Arena

Location:

Madrid | Hybrid working model
Company:  Barsento SL
Salary:  €60,000 – €75,000 gross annual fixed salary
Expected start date:  September 2026

About Barsento and the Madrid Arena Project

Barsento is the company responsible for the development of a new major multifunctional entertainment, sports and education complex on the site of Madrid’s former Aquatic Centre, adjacent to the Riyadh Air Metropolitano.

The company brings together  Live Nation, Oak View Group and Atlético de Madrid  in the development of a large-scale project that will include a music-first indoor arena with capacity for more than  20,000 guests .

With an estimated investment of approximately  €400 million  and a development timeline extending through the end of 2030, the project represents a significant long-term infrastructure development involving multiple shareholders, partners and technical and financial stakeholders.
As the project progresses through its development phases, Barsento is looking to appoint an experienced  Financial & Accounting Project Controller  to take a key role in ensuring robust financial governance, accounting integrity and effective financial control across the project.

The Role

This is a senior Finance position combining  full-cycle accounting ownership with project financial control  within a large-scale capital investment environment.

The Financial & Accounting Project Controller will be responsible for ensuring the accuracy, consistency and traceability of the project’s financial information, while overseeing accounting, budgeting, CAPEX and OPEX control, forecasting, cash flow and management reporting.

The role will provide financial insight to support decision-making throughout the development of the project and will work closely with shareholders, project leadership and multidisciplinary teams across finance, development, construction, architecture, legal, procurement, operations and systems.

Given the scale and complexity of the investment, the position requires a professional who is comfortable operating with a high degree of autonomy, financial rigour and accountability, and who can translate technical and contractual developments into their corresponding financial and accounting implications.

This is a specialist Finance / Project Finance position. While the project is being developed within the live entertainment ecosystem, the role is not focused on concert production, event promotion or on-site event delivery. Its scope is specifically financial and accounting, with a strong focus on project investment and development.

Key Responsibilities

Accounting & Financial Close:
— Manage and oversee the full accounting cycle for the entities and structures associated with the project, including postings, reconciliations, accruals, provisions, fixed assets, taxes and monthly, quarterly and annual closes.

— Prepare and review financial statements, balance sheets, profit and loss accounts, cash flow statements and supporting financial commentary, ensuring accuracy, consistency and compliance with applicable accounting standards.

— Ensure the appropriate accounting treatment of investments, construction certificates, advance payments, retentions, contracts, supplier invoices and capitalisable costs.

— Maintain the construction-in-progress asset register and ensure the appropriate classification, capitalisation and commissioning of project assets.

— Coordinate internal and external audits and liaise with tax, legal and accounting advisers, ensuring that all required documentation and audit evidence is appropriately maintained.
Project Financial Control

— Develop and maintain the multi-year financial plan for the project and its associated entities, including base, upside and downside scenarios.

— Monitor approved budgets against actual and committed expenditure, identifying variances, underlying causes, financial risks and potential corrective actions.

— Oversee  construction and pre-opening CAPEX , together with the OPEX assumptions associated with the future operation of the venue.
— Prepare short-, medium- and long-term cash flow forecasts and monitor…