Senior Accountant, Live Nation
C3 Presents
+ Stock reimbursement program
Entertainment events promoter and producer
Be an early applicant
Entertainment events promoter and producer
1001+ employees
Be an early applicant
+ Stock reimbursement program
1001+ employees
Company mission
Live Nation's mission is to help live music fans more easily and quickly find concert tickets and information about their favourite artists and venues.
Role
Who you are
- Passionate and motivated
- Driven, with an entrepreneurial spirit
- Resourceful, innovative, forward thinking and committed
- Bachelor’s degree in accounting
- 5+ years of comparable work experience
- Exceptional Microsoft Office skills, particularly with Microsoft Excel
- ERP experience, preferably Oracle, but equivalent is sufficient
- Possess excellent organizational, communication, and analytical skills with the ability to take direction and handle multiple tasks simultaneously in a fast-paced environment
- Self-motivated
- Strong analytical/problem solving skills
- A positive attitude
- Flexibility in work hours and availability, especially during major projects
What the job involves
- The Senior Accountant will oversee management of budgets and financial statements for multiple divisions, as well as analyze key financial schedules/deliverables and assist in other accounting functions as needed
- Manage budgets; work with various departments to update forecasts across multiple companies and provide financial analysis of variances after forecast updates to confirm updates are appropriate & in line with expectations
- Month end close: preparation of P&L and event related journal entries, including accruals and appropriate reclasses; internal eliminating account tie outs; intercompany journal entries
- Perform financial analysis of variances between actuals and forecast to determine if misstatements exist each month prior to ledger locking and make corrections as needed
- Review and reconcile various settlements immediately following the event and record necessary JEs
- Prepare client settlements based on event budget reconciliation
- Work directly with Staff Accountant to mentor, assist, and delegate workload accordingly, including:
- Reviewing and approving AP and Staff Accountants’ journal entries
- Assist with bank reconciliations and associated research
- Working with AP/AR Specialists to ensure that all receivables, receipts, and payable items are processed and recorded accurately and timely as needed
- Assistance with cash/pex requests, returns and show checks as needed
- This role will also work closely with other departments to determine expected revenue projection updates and adjust forecast for material updates
- File and pay monthly, quarterly & annual sales tax as required. Set up accounts with local, city and state tax authorities when necessary
- Manage payables workflow and authorizing invoices within a specified threshold
- Assist in preparation of annual budgets including providing financial analysis of variances after budget is loaded to confirm swings from prior year actuals are appropriate or if further communication with operations is necessary
- Maintain accounting files; provide audit support as needed, ensure that files are in compliance with GAAP and all company policies and procedures
- Perform other accounting functions as assigned
Our take
Live Nation is the world's leading live entertainment company, sitting at the top of the market in live events and ticketing. Formed in 2009, it is a major international company, with key business segments made up of concerts, ticketing, and sponsorship and advertising.
Despite its dominant position in the market, the company saw an 84% drop in revenue during 2020 and the closure of live events. Since then, however, demand has been stronger than ever for their ticket sales. This is a reflection that live events remain a clear priority for consumers and has been further reflected in Live Nation's acquisitions of companies - like Goodlive - that complement and bolster Live Nation's portfolio.
In addition to live events, a key area to watch for Live Nation will be the rise of online concert streaming, like that undertaken by competitors such as Driift. Major festivals such as Glastonbury have trialled online concerts with mixed reviews. If it proves successful, this could be a major new section of the entertainment market and a big potential part of Live Nation's future ventures.
Freddie
Company Specialist at Welcome to the Jungle
Insights
11% employee growth in 12 months
Company
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- HEALTH: Medical, Dental and Vision benefits for you and your family, including Flexible Spending Accounts (FSA) and Health Savings Accounts (HSAs)
- YOURSELF: Paid time off policy including holidays, sick time and day off for your birthday, free concert tickets
- WEALTH: 401(k) program with company match, Stock Program Reimbursement
- FAMILY: New parent programs & support including caregiver leave and baby bonus, infertility support
- CAREER: Tuition reimbursement, student loan repayment internal growth and development programs & trainings
- OTHERS: Volunteer time off, crowdfunding network
Company HQ
Barbican, London, UK
Leadership
Michael Rapino
(President and CEO, not founder)They worked for 10 years in various marketing and entertainment capacities at Labatt’s Breweries of Canada. They held several roles at Clear Channel Communications, including President and CEO of Global Music. They were named CEO and President of Live Nation in 2005.
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