Finance Administrator, Live Nation
$68-85k
Office located in Beverly Hills, CA
Entertainment events promoter and producer
Open for applications
Entertainment events promoter and producer
1001+ employees
Open for applications
$68-85k
Office located in Beverly Hills, CA
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
- The ideal candidate thrives in a fast-paced environment, demonstrates strong organizational analytical skills, attention to detail, and communicates effectively across departments
- Familiarity with settlement processes related to ticket sales, event reconciliations, and financial systems is highly preferred
- Bachelor’s degree in finance, accounting, related field is required
- 4+ years of professional finance experience in a comparable role required
- Experience with accessing, compiling, and analyzing large volumes of transactional data into actionable information required
- Experience in live events, ticketing, or entertainment industry finance
- Proficiency in Power point, Microsoft Excel (formulas, pivot tables, modeling, etc)
- Working knowledge of SAP, Oracle, or other major ERP systems
- Familiarity with BI/reporting such as Domo, BOBJ, and other office tools
- Excellent in time management – proactive, organized, and adaptable in a fast-changing, deadline-driven environment
- Excellent written and verbal communication skills
- Highly analytical and detail-oriented; strong problem-solving ability
- Ability to work flexible hours across multiple time zones and countries and adjust workflow as needed
- Effective communication skills with the ability to present complex data clearly
What the job involves
- As part of the Ticketmaster Contract Management team, the Ticketmaster North America Settlement team is a diverse group of professionals who serve as the trusted source of payment and required reporting for Ticketmaster’s client
- Our team delivers accurate, reliable, and timely revenue share calculations 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
- Ticketmaster is seeking a highly motivated and detail-oriented Finance Administrator to provide dedicated analytical support in our North America Settlements team
- In this role, the finance administrator will take ownership of key finance-related tasks, delivering both high-level insights and in-depth analysis to support manual settlement, journal entries, as well as ticket sales data reconciliation
- Prepare and post manual journal entries for various related settlement adjustments or fixed cash payments (volume incentives, signing bonus, sponsorship and advertising allowances)
- Perform a variety of financial analysis, including investigating royalty variances, summarizing data and distributing findings to relevant teams
- Assist with the month-end close process, including posting accruals for contracts with prior period adjustments, unsigned contracts, or any other accruals needed to capture future adjustments
- Process manual client settlements and ensure alignment with contract terms and payment schedules for TM managed box offices
- Maintain and update advanced rebate recoupable schedules and timely reporting, with weekly distribution to Finance Directors
- Provide analysis and reporting requests using BI Tools
- Contribute to ongoing finance and settlement activities
- Maintain chargeback reports and process client deductions
- Provide ad hoc support and reporting as required by Finance leadership
- Month-end, holiday shifts may be required, including evenings and weekends
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.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 52 more jobs at Live Nation