Accounting Intern, Live Nation
$22/hr
More information about location
Entertainment events promoter and producer
Be an early applicant
Entertainment events promoter and producer
1001+ employees
Be an early applicant
$22/hr
More information about location
1001+ employees
Company mission
To help live music fans more easily and quickly find concert tickets and information about their favourite artists and venues.
Role
Who you are
- 2+ years of post-secondary education
- Effective organizational and time management abilities
- Possess strong written and verbal communication skills
- Detail oriented with ability to multi-task
- Proficient PC skills, especially in Microsoft Excel
- Sitting for extended periods of time at a computer station or work desk; stands and walks throughout the day; occasionally move about inside the office to access file cabinets, office machinery, etc.; uses hands and fingers to operate computers and office equipment for up to 8 hours each day; lifts up to 10 pounds regularly; exposed to typical office environment conditions and noise levels
What the job involves
- The Accounting Intern will work with various members of the accounting team to support accurate and timely accounting
- This includes processing payments, preparation of accounting entries, creation and distribution of reports, and reconciliation work
- This position is responsible for supporting all functions related to operational accounting, including but not limited to:
- Entering show settlements into accounting systems and distributing reports
- Acting as a point of contact for show accounting, and liaising with production staff
- Reviewing show settlements to verify proper documentation has been received
- Coding and circulating invoices and cheques
- Accounts payable support
- Preparing artist settlement wires based on contract; remit payment to artist ensuring appropriate withholding taxes and deductions are recognized
- Preparing and uploading journal entries
- Assembling documentation for festival and artist payments
- Preparing bank deposits
- Supporting financial planning and analytics projects
- Generating system reports
- Ad hoc projects as assigned by management
- Please note that this is a full-time position with a minimum commitment of 37.5 hours per week
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 2005, 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
- 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
Beverly Hills, CA
Leadership
Michael Rapino
(CEO & President)Michael joined Live Nation Entertainment in 2005 as CEO and President. Previously, he spent 10 years in various Marketing and Entertainment roles at Labatt's Breweries of Canada. He also held several roles at Clear Channel Communications, including CEO and President of Global Music.
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