Sr Accountant

Live Nation - Hollywood, CA4.1

Full-time
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, Live Nation Media & Sponsorship and Artist Nation Management. Ticketmaster is the global event ticketing leader with over 465 million tickets sold and more than 12,500 clients in 22 countries. Live Nation Concerts has become the single largest provider of live entertainment in the world producing over 25,500 shows annually for over 3,300 artists in 37 countries. Artist Nation Management is one of the world’s leading artist management companies, representing more than 350 artists. These businesses power Live Nation Media & Sponsorship to deliver music marketing programs across 900 brands enabling advertisers to tap into the 63 million fans Live Nation Entertainment delivers annually through its live event and digital platforms. 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 Role:
Oversee critical accounting functions for various companies/venues which includes, but is not limited to the below.

Essential Functions:
CLOSE:
Responsible for accurately closing assigned books each month for all accounts in the P&L and Balance Sheet excluding Income Taxes.
Prepare monthly roll forward reports and month end schedules for balance sheet reviews including SOX reporting as mandated by Corporate Accounting.
Financial statement review and analysis of Balance Sheet, P&L (vs. plan) and rolling trends for accuracy of accounts before closing the books.

ACCOUNTING / GENERAL LEDGER:
Review and monitor Oracle event reports for reasonableness.
Accounts payables which includes proper approvals, coding, validation and review for accuracy and correctness.
Prepare and maintain balance sheet and bank reconciliations.
Submit and file rent calculations and lease payments. Stay current with regards to Lease Agreement terms and critical changes.
Prepare and file all applicable sales, use and other tax returns.
Review property tax information being submitted to 3rd party service provider which prepares returns to ensure correct data are included in returns.
Organize and oversee annual fixed asset inventory and where applicable asset inventories.
Maintain barter file/log for all barter deals, preparing both transaction reports for each event and the quarterly barter activity report.
Assist with special projects as assigned.

CASH & AR:
Process all receipts (e.g., Ticketmaster, box office, etc.) and record corresponding revenues and ensure appropriate deferrals for future shows including pre-Close validations
Make sure that all receivables, receipts, charge backs and payable items are processed and recorded accurately and timely; participate in and monitor collection of receivables.
Ensure that aging or problem AR items are communicated as they avail themselves to VP Finance for proactive resolution management.
Periodically test/inquire on cash procedures, safe, and lock boxes and alert supervisor when venue is out of compliance for immediate rectification.

REPORTING & ANALYSIS:
Analysis and special projects as requested by supervisor or venue General Manager
Responsible for monthly preparation of where applicable Contingent Rent and Partner Share deals reporting internally and or to Landlord.

BUDGETING & FORECASTING:
Fixed Expense budgeting, analysis and support.

PROCESS & PROCEDURE:
Recognize, identify and execute profit enhancement opportunities
Responsible for adherence to Company Policy and Procedures, financial and operational financial controls
Rollout of new financial procedures and systems in respective club

AUDIT SUPPORT:
Prepare state, local, landlord and partnership audit schedules (e.g., gross receipts, CM Sharing, sales and use tax, etc.) and liaise with auditors on routine components of audit and coordinate with supervisor on the more complex
Provide timely and accurate responses to Corporate for YE F/S Audit

SUPERVISION:
Manage and supervise staff accountant and train on all new accounting and reporting rules
Responsible to train and develop staff accountant to eventually know essentials of Senior’s responsibilities for succession planning and building a deeper bench.
Responsible to keep current with ROME accounts mappings and settlement application changes and then provide support to GMs, staff accountants and settlers as needed so all teams assimilate.

OTHER:
Travel, on occasion

Job Qualifications:
Minimum Requirements:
Bachelors degree in Accounting or Finance
3-4 years of experience in closing the books, managing a small team, training in all aspects of accounting

Preferred:
CPA
Concert promotions or film/TV production accounting

Personal Characteristics / Competencies and Skills Required:
Personal Characteristics / Competencies

Skills

Be a self-motivated individual who possesses a “roll up the sleeves attitude” and a “hands-on” style, as well as the aptitude to thrive in a fast-paced,

results- oriented environment.

Advanced MS Office Skills.

Bring a passion for accomplishment and success and set high standards for performance for self and staff.

Training direct reports to high results.

Comfortable in decision making role ready with solutions to facilitate action.

General Ledger & Sub Ledger.

Ease and wherewithal to continually reprioritize to adapt to real time needs.

Possess strong verbal, written, and interpersonal skills. Strong persuasion and presentation ability.

Builds trust with colleagues.

Listens first.

Communicates with all levels comfortably and with high standards of professionalism

Strong familiarity with GAAP

Action Oriented

Flair for Numbers

Seeks Continual Improvement

This job description is a summary of duties which you as an employee are expected to perform in your assignment. It is by no means an all-inclusive list, rather a broad guide to expected duties. As an employee you must understand that a job description is neither complete nor permanent and may be modified at any time. At the request of management, any employee may be asked to perform additional duties, responsibilities, or projects without notice.

If the above description sounds like you and fits your background, apply online at www.livenation.com/careers to join the Live Nation Entertainment team today!

Applicants for employment in the U.S. must possess work authorization which does not require sponsorship by the employer for a visa.

EQUAL EMPLOYMENT OPPORTUNITY
Live Nation Entertainment strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

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 Entertainment recruitment policies are designed to place the most highly qualified persons available in a timely and efficient manner. Live Nation Entertainment may pursue all avenues available, including promotion from within, employee referrals, outside advertising, employment agencies, Internet recruiting, job fairs, college recruiting and search firms.