Ln Concerts, Staff Accountant Ii
LOCATION
Not specified
QUALIFICATIONS
Accounting degree required, 2-4 years of relevant work experience, proficiency in QuickBooks, and understanding of live event accounting.
RESPONSIBILITIES
Manage receipts and revenue, handle money requests, review show settlements, prepare event P&L and journal entries, reconcile general ledger accounts, ensure compliance with accounting principles, support audit processes, assist with forecasting and budgeting, and handle special projects as assigned.
INDUSTRY
Live Entertainment
SHORT DESCRIPTION
Seeking an Accountant to manage general ledger account analysis, month-end reporting, and ensure accurate financial operations within Live Nation Entertainment.
Job Summary:
WHO ARE WE?
Live Nation Entertainment is the world’s leading live entertainment company, comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. Ticketmaster is the global leader in event ticketing with over 620 million tickets sold annually and approximately 10,000 clients worldwide. Live Nation Concerts is the largest provider of live entertainment in the world promoting more than 50,000 events annually for nearly 7,000 artists in 40+ countries. These businesses allow Live Nation Media & Sponsorship to create strategic music marketing programs that connect more than 1,200 sponsors with the 145 million fans that attend Live Nation Entertainment events each year. For additional information, visit www.livenationentertainment.com .
WHO ARE YOU?
Passionate and motivated. Driven, with an entrepreneurial spirit. Resourceful, innovative, forward thinking and committed. At Live Nation Entertainment, our people embrace these qualities, so if this sounds like you then please read on!
THE JOB
We are seeking an Accountant, who will be responsible for the preparation of the general ledger account analysis and reconciliation, month end roll-forwards, and variance analysis.
Responsibilities:
- Process all receipts (e.g., petty cash / event petty cash) and record corresponding revenues
- Manage all money requests (e.g., wires, cash, show checks) for production and/or show settlement
- Review show settlement immediately following the show and work with operational field people who settle the show
- Prepare event P&L (or flash) and event related journal entries.
- Review and monitor Quickbooks event reports for reasonableness
- Hard book shows no later than sixty days after the event date
- Make sure that all receivables, receipts, and payable items are processed and recorded accurately and timely; participate in and monitor collection of receivables; submit and file rent calculations and lease payments
- Reconcile general ledger accounts and research to ensure accuracy.
- Prepare and enter month end journal entries.
- Prepare schedules for the month end / quarter end reporting package.
- Complete the monthly Financial Statement Checklist and supporting package documentation.
- Perform and analyze all bank / credit card reconciliations.
- Monitor receivable balances and collection efforts, ensuring adequate reserves are recorded as necessary.
- Ensure compliance with generally accepted accounting principles and company procedures / policies, including Sarbanes-Oxley requirements.
- Support audit processes, preparing internal and external audit schedules as needed and liaising with auditors.
- Assist in the preparation of monthly forecasts and update figures in the Quickbooks (budget/forecasting) system.
- Assist Manager in the preparation of annual budgets with cooperation / input of operations.
- Possess excellent organizational, communication, and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast paced environment
- Assist with special projects as assigned. Other duties as assigned
Job Requirements
- Accounting degree required
- Two to four years comparable work experience
- Quickbooks Accounting System is required
- Understanding of live event accounting
BENEFITS & PERKS - Our motto is ‘Taking Care of Our Own’ through 6 pillars of benefits:
- HEALTH : Medical, vision, dental and mental health benefits for you and your family, with access to a health care concierge, and Flexible or Health Savings Accounts (FSA or HSA)
- YOURSELF : Free concert tickets, generous paid time off including paid holidays, sick time, and personal days
- WEALTH : 401(k) program with company match, stock reimbursement program
- FAMILY : New parent programs including caregiver leave and baby bonuses, plus fertility, adoption, foster, or surrogacy support
- CAREER : Career and skill development programs with School of Live, tuition reimbursement, and student loan repayment
- OTHERS : Volunteer time off, crowdfunding match
EQUAL EMPLOYMENT OPPORTUNITY
We aspire to build teams that reflect and support the fans and artists we serve. Every day we aim to promote environments where everyone can be themselves, contribute fully, and thrive within our company and at our events. As a growing business we will encourage you to develop your professional and personal aspirations, enjoy new experiences, and learn from the talented people you will be working with.
Live Nation strongly supports equal employment opportunity for all applicants regardless of age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), family and medical care leave or the denial of family and medical care leave, mental or physical disability (including HIV and AIDS), marital status, domestic partner status, medical condition (including cancer and genetic characteristics), genetic information, military and veteran status, political affiliation, national origin (including language use restrictions), citizenship, race, sex (including pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, and gender expression, sexual orientation, intersectionality, or any other basis protected by applicable federal, state or local law, rule, ordinance or regulation.
We will consider qualified applicants with criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance Ordinance, San Francisco Fair Chance Ordinance and the California Fair Chance Act and consistent with other similar and / or applicable laws in other areas.
We also afford equal employment opportunities to qualified individuals with a disability. For this reason, Live Nation will make reasonable accommodations for the known physical or mental limitations of an otherwise qualified individual with a disability who is an applicant consistent with its legal obligations to do so, including reasonable accommodations related to pregnancy in accordance with applicable local, state and / or federal law. As part of its commitment to make reasonable accommodations, Live Nation also wishes to participate in a timely, good faith, interactive process with a disabled applicant to determine effective reasonable accommodations, if any, which can be made in response to a request for accommodations. Applicants are invited to identify reasonable accommodations that can be made to assist them to perform the essential functions of the position they seek. Any applicant who requires an accommodation in order to perform the essential functions of the job should contact a Human Resources Representative to request the opportunity to participate in a timely interactive process. Live Nation will also provide reasonable religious accommodations on a case-by-case basis.
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The expected compensation for this position is:
$25.00 USD - $31.25 USD Hourly** Pay is based on a number of factors including market location, qualifications, skills, and experience.
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