C3 Present - Senior Accountant
live-nation
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.
C3 Presents creates music festival experiences for millions of fans across the globe, setting the new standard each year for events that are as memorable as they are spectacular, including Austin City Limits Music Festival in Texas, Lollapalooza in Chicago (and seven other countries), and Bonnaroo in Manchester, Tennessee.
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
This position will oversee management of budgets and financial statements for multiple events and festivals, as well as analyze key financial schedules/deliverables and assist in other accounting functions as needed.
WHAT THIS ROLE WILL DO
- Manage show budgets; work with various departments to update forecasts and provide financial analysis of variances after forecast updates to confirm updates are appropriate & in line with expectations
- Month end close; prepare event P&L (or flash) and event related journal entries post show, including accruals and appropriate reclasses
- Perform financial analysis of variances between actuals and forecast to determine if misstatements exist each month prior to ledger locking and make corrections as needed
- Review various settlements immediately following the show and record necessary JEs (Revenue, CoPro & venue shares per existing agreements)
- Work directly with Staff Accountant to mentor, assist, and delegate workload accordingly, including:
- working with AP/AR Specialists to ensure that all receivables, receipts, and payable items are processed and recorded accurately and timely as needed
- assistance with cash/pex requests, returns and show checks as needed
- reconcile GL activity against processed purchase orders on a regular basis to ensure accuracy - identify and correct any discrepancies.
- Work closely with operations to determine expected revenue projection updates during the festival weekend and communicate material updates to SVP, Controller & assigned Manager immediately following the show
- Cash flow projections
- File and pay monthly, quarterly & annual sales tax as required. Set up accounts with local, city and state tax authorities when necessary
- Manage payables workflow and authorizing invoices within a specified threshold
- Assist in preparation of annual budgets including providing financial analysis of variances after budget is loaded to confirm swings from prior year actuals are appropriate or if further communication with operations is necessary.
- Maintain accounting files; provide audit support as needed, ensure that files are in compliance with GAAP and all company policies and procedures
- Perform other accounting functions as assigned
WHAT THIS PERSON WILL BRING
- Bachelor’s degree in accounting
- 5+ years of comparable work experience
- Exceptional Microsoft Office skills, particularly with Microsoft Excel
- ERP experience, preferably Oracle, but equivalent is sufficient
- Possess excellent organizational, communication, and analytical skills with the ability to take direction and handle multiple tasks simultaneously in a fast-paced environment
- Resourceful and detail oriented
- Ability to be punctual and meet deadlines
- Strong analytical/problem solving skills
- Motivated self-starter who thrives in a deadline-driven environment and has exceptional follow-through skills
- A positive attitude
- Capable of presenting C3 Presents with professionalism
- Flexibility in work hours and availability, especially during major projects
- Ability to travel to various festivals and events.
C3 CORE COMPETENCIES
- Demonstrate integrity in the way you operate in day-to-day business and the
- way you deal with people
- Communicate effectively with various audiences by organizing and delivering
- information appropriately and listening actively to others
- Proactively seek solutions to problems. Be enthusiastic and energetic in your
- approach to your job. Commit to putting in extra effort with a positive attitude.
- Be flexible in handling change, able to juggle multiple demands, and adaptable
- to new situations with fresh ideas or innovative approaches
- Stay composed, confident, optimistic, and in problem-solving mode when the
- going gets tough
- Possess the skills needed to perform your job well, paying close attention to
- detail, accuracy, and completeness
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 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.
HIRING PRACTICES
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Live Nation recruitment policies are designed to place the most highly qualified persons available in a timely and efficient manner. Live Nation may pursue all avenues available, including promotion from within, employee referrals, outside advertising, employment agencies, internet recruiting, job fairs, college recruiting and search firms.