Staff Accountant, Live Nation
LN Concerts
$30.38 USD - $37.98 USD Hourly + Stock Program Reimbursement
Entertainment events promoter and producer
Posted today
Entertainment events promoter and producer
1001+ employees
Posted today
$30.38 USD - $37.98 USD Hourly + Stock Program Reimbursement
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 or Finance
- One to three years of comparable work experience
- Quality problem-solving and communication skills
- Oracle Fusion experience a plus
- Possess excellent organizational, communication, and analytical skills with the ability to prioritize and manage multiple tasks simultaneously in a fast-paced environment
What the job involves
- We are seeking a Staff Accountant II for the Live Nation Concerts division, a segment of the Live Nation live music business. Position is a blend of transactional and entry-level Accounting. This person must be an initiative-taking individual with the ability to multitask
- Concert income statement preparation
- Preparing bank deposits for checks
- Occasional on-site show settlement
- Complete account reconciliations as assigned by the supervisor
- Prepare and record journal entries
- Project reconciliations: both the month-end project and special projects
- Maintain and record routine accounting transactions such as Ticketmaster and Groupon pushdown reports
- Work with local box office teams to ensure accurate and timely recording of daily box office sales for multiple venues
- Processing of A/P invoices, manual checks, and wires
- Create project numbers for new events in Oracle
- Reconcile Petty Cash as well as coordinate cash deposits and pickups
- Provide audit support as needed. Communicate accounts receivable with intercompany departments to ensure they are cleared monthly
- Other duties 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 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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