Manager of Contract Management, Live Nation
Settlements
$72-90k
Office located in Beverly Hills, CA
Entertainment events promoter and producer
Job no longer available
Entertainment events promoter and producer
1001+ employees
Job no longer available
$72-90k
Office located in Beverly Hills, CA
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
- If you’re passionate about the magic of live entertainment like we are, and you want to work at a company dedicated to helping millions of fans experience it, we want to hear from you
- The ideal candidate should have the ability to adjust, coordinate and align with internal and external department goals across multiple time zones
- Must be a self-motivated individual, organized, detail-oriented and able to work with limited supervision in a fast-paced environment
- Bachelor’s degree in accounting, finance, or related field is required
- 5+ years of professional finance experience in a comparable role required
- Ability to work across multiple times zones and countries and adjust workflow as needed
- Financial contracts, revenue share calculations, and reconciliation
- Current knowledge or the ability to learn SAP ICM and Oracle IC
- Ability to work in a time sensitive environment and deliver on strict deadlines
- Preference for prior experience within the entertainment industry
- Proficiency in Microsoft Excel, Power Point, and BI tools (e.g., Domo, BPC, etc.)
- Excellent written and verbal communication skills
- Experience with accessing, compiling, and analysing large volumes of transactional data into actionable information required
- Strong analytical and multi-tasking skills
- Detail oriented and highly organized
What the job involves
- Line Manager: Senior Director - Settlement
- Division: Ticketmaster North America
- As part of the Ticketmaster Contract Management team, the Ticketmaster North America Settlement team is a diverse group of professionals to serve as the trusted source of payment and required reporting for Ticketmaster’s client
- To Perform accurate, reliable, and timely revenue share calculation for Ticketmaster client contracts located in the United States and Canada
- Our team is also dedicated to providing excellent support to all stakeholders, both internal and external, and we are committed to meeting the challenges that come with the evolving business, regulatory and compliance landscape in which we operate
- We are seeking a Manager, who in this role will be responsible for managing and overseeing core Ticketmaster segments while working directly with RFD’s, CDD’s to assist and resolve settlement reconciliation related issues
- You will also work closely with the Senior managements of the Contract Management settlement team
- This position is also responsible for providing analysis to support financial and statistical reporting request for Ticketmaster segments
- Finance Settlement liaison to segment RFD/CDD
- Work daily with RFD, segment SVP, CDD to assist and resolve client settlement issues and/or inquires
- Solving problems by gathering information, discuss options, and make recommendations
- Provide analysis and reporting request (BOBJ, SAP, etc)
- Effectively read and interpret contractual client user agreements
- Reprocessing revenue share calculations of any new deal terms
- Review settlement report calculations
- Information share of settlement functions between Accounting and Finance teams
- Partner and build relationships with Field Event Support and Client Specialist Support
- Perform various month-end duties as part of Ticketmaster month-end close schedule
- Provide support and documentation with company external and internal auditors
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
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 values
- Live for artists - Artists are the heart of what we do and we have deep reverence and respect for their creativity. We believe live music is vital to art and culture which is why in 2019, we paid artists more than $6 billion, making Live Nation by far the largest financial supporter of musicians. Beyond global touring deals and festival performances, our Artist Nation group offers services such as management, business marketing and consulting to artists across all genres
- Live for decentralisation - We don’t believe in bureaucracy and we don’t mandate synergy. We keep our corporate teams small, because we trust that our decentralized divisions know how to make the best decisions for their businesses in real time
- Live for ideas - Part of working in a creative industry is imagining what could be and exploring the possibilities. We encourage everyone at Live Nation to dream big and email our CEO with ideas to move our business forward
- Live for entrepreneurship - Employees who thrive here are self-starters who are experts at what they do. While we give a tremendous amount of independence to our employees, we are also precise and exacting about performance. There is no hiding behind process here. You are evaluated on your results and concrete contributions to our business
- Live for focus - We have a long “To Do” list but an even longer “Not To Do” list. As the demand for live events continues to grow across the globe, we have to stay focused on our core mission of connecting artists with their fans for those magical hours of live music
- Live for talent - We believe talent comes from any place or background. This is not a place for elitists. We hire people for who they are – hard workers who deliver results and are passionate about what they do
Company HQ
Barbican, London, UK
Articles
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.
People progressing
Joined as a Financial Accounting Manager in 2017, promoted to Director and then VP of Financial Accounting.
Joined as Executive VP Marketing in 2012, promoted to Senior VP & Head of Marketing after 2 years.
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