Manager of Financial Reporting, Live Nation
$120-150k
Entertainment events promoter and producer
Posted today
Entertainment events promoter and producer
1001+ employees
Posted today
$120-150k
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
- Bachelor’s degree in Accounting, Finance, or a related field
- CPA designation
- Seven+ years of progressive accounting and financial reporting experience
- Strong knowledge of U.S. GAAP and financial reporting principles
- Strong experience preparing, reviewing, and managing balance sheet reconciliations within a complex accounting environment
- Experience with month-end, quarter-end, and year-end close processes
- Experience with financial statement preparation and company reporting packages
- Strong understanding of internal controls and SOX compliance
- Experience working with external and internal auditors
- Advanced Excel skills and strong proficiency with financial ERP systems
- Experience with AI tools is an asset
- Strong technical accounting and analytical capabilities
- Excellent attention to detail while maintaining an understanding of the broader business
- Ability to manage multiple priorities and meet tight reporting deadlines
- Strong problem-solving skills and sound professional judgment
- Strong written and verbal communication skills
- Comfortable operating in a dynamic, high-volume environment
What the job involves
- The Manager, Financial Reporting, is responsible for the preparation, review, and analysis of the company’s partner financial reporting, ensuring accuracy, completeness, and compliance with applicable accounting standards and internal policies
- The role will also support technical-related accounting, including purchase accounting, integration of new entities into the company's financial reporting processes, and implementation of new and evolving accounting standards
- The ideal candidate combines strong accounting knowledge with excellent reconciliation and analytical skills and is comfortable working in a fast-paced, deadline-driven environment
- Financial Reporting & Close:
- Ensure the accurate integration of accounting data for accounting upload companies
- Prepare adjusting journal entries as needed for accounting upload companies
- Preparation of monthly, quarterly, and annual financial reporting packages
- Ensure financial statements and supporting schedules are accurate, complete, and prepared in accordance with applicable accounting standards
- Prepare journal entries, accruals, and other close-related activities
- Ensure balance sheet reconciliations are appropriately supported, reconciling items are identified and resolved timely, and balances are accurate and complete
- Review financial results and investigate significant or unusual period-over-period variances
- Reconciliation and settlement of intercompany accounts
- Prepare partner distribution schedules, with consideration of accounting, tax, legal, and policy considerations
- Identify and resolve accounting and reporting issues in a timely manner
- Technical Accounting:
- Ensure divisional compliance with accounting guidance as directed by corporate technical accounting team
- Support accounting for business combinations and acquisitions, including purchase accounting, goodwill, and opening balance sheet preparation
- Support the financial integration of new companies and business segments, including chart of accounts, close processes, controls, and reporting requirements
- Audit & Compliance:
- Support compliance with SOX requirements, where applicable
- Work with internal and external auditors to respond to audit requests and provide supporting documentation
- Financial Analysis:
- Perform review of financial results, including revenue, operating expenses, and balance sheet accounts
- Partner with FP&A and business leaders to understand financial performance and key business drivers
- Analyze significant balance sheet movements, aged reconciling items, and unusual account activity and work with account owners to resolve issues
- Provide clear explanations of significant financial trends and variances to senior management
Application process
- We thank all candidates for their interest, only those who will be selected for an interview will be contacted
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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