Staff Accountant, Live Nation

LN Concerts

Salary not provided

+ Stock Program Reimbursement; The expected compensation for this position is: $23.58 USD - $29.48 USD Hourly

Oracle

Entry and Junior level

Los Angeles

Office located in Beverly Hills, CA

Entertainment events promoter and producer

Job no longer available

Entertainment events promoter and producer

1001+ employees

B2CLifestyleMusicEntertainmentEvents

Job no longer available

Salary not provided

+ Stock Program Reimbursement; The expected compensation for this position is: $23.58 USD - $29.48 USD Hourly

Oracle

Entry and Junior level

Los Angeles

Office located in Beverly Hills, CA

1001+ employees

B2CLifestyleMusicEntertainmentEvents

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.

Job

Company

Role

Who you are

This person must be a self-motivated individual with the ability to multitask
Bachelor’s Degree in Accounting or Finance
Zero to one-year comparable work experience
Quality problem solving and communication skills
Oracle experience a plus
Possess excellent organizational, communication, and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment
Live Nation’s policy regarding vaccinations and masking will evolve based upon updated regulations and factors related to COVID-19. Currently, we strongly encourage employees to be fully vaccinated or have received a negative COVID test within [24] hours of entering an office

What the job involves

We are seeking a Staff Accountant I 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
Manage cash requests
Maintain accurate records and follow strict adherence to Internal Controls
Reconcile production logs, petty cash and all outgoing/incoming cash requests
Review and approve PEX transactions
Enforce processes and controls with all staff levels
Order and deposit cash
Charge credit card sales
Download Paymentech and Amex credit card sales reports
Download daily cash transactions
Tracking/facilitating cash orders and reconciling on a timely basis according to policy
Booking cash returns and expenses from production floats to shows
Booking cash orders pushed by corporate at month end to SoCal venues for each show
Create project numbers for new events in Oracle
Complete account reconciliations as assigned by supervisor
Prepare and record journal entries
Bank reconciliation
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 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

11% employee growth in 12 months

Glassdoor (3.62)

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 HQ

Barbican, London, UK

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.

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