Operations Accountant

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 550 million tickets sold annually and more than 12,000 clients worldwide. Live Nation Concerts is the largest provider of live entertainment in the world promoting more than 40,000 shows and 100+ festivals annually for nearly 4,000 artists in over 40 countries. These businesses allow Live Nation Media & Sponsorship to create strategic music marketing programs that connect over 1,000 brands with the 98 million fans that attend Live Nation Entertainment events each year. For additional information, visit www.livenationentertainment.com.

WHO ARE YOU?

Working in collaboration with the promoter and production teams, the Operations Accountant will be responsible for accurate and timely night of show settlements. This includes full cycle recording of both income statement and balance sheet entries to record the show settlement, review and approval of transactions, and reconciliation of payables and receivables.

THE ROLE:

This position is responsible for all accounting functions related to shows including but not limited to:

1. Finalizing profit and loss statements for each show
2. Entering show settlements into accounting systems and distributing reports
3. Acting as primary accounting point of contact for talent department, artist representatives and production staff
4. Assisting with pre-settlement and artist settlements during night of show
5. Reviewing all show settlements to verify proper documentation has been received and proper backup for audit purposes
6. Coding, approval, and distribution of show invoices and cheques for Accounts Payable input
7. Preparing and coding artist final settlement wires based on contract; remit payment to artist ensuring appropriate withholding taxes, charity, and album bundles are recognized.
8. Settling venue expenses, shared ancillary revenues, and co-promotion deals
9. Preparing and uploading show journal entries
10. Reconciliation of revenues, project costs, and accruals
11. Reconciliation of accounts receivable, review for balance accuracy, and timely collection
12. Completion of month end close and reporting of per show contribution margin
13. Travel and on-site support for large shows and festival properties may be required.
14. Assisting in implementation of internal controls
15. Ad hoc projects as assigned by management

WHAT THIS PERSON WILL BRING:

1. Bachelor’s degree in Accounting or equivalent
2. 2-3 years of Accounting experience, with strengths in reconciliation
3. Experience and knowledge with Oracle and/or Salesforce are an asset
4. Strong organizational and time management abilities that allow projects and goals to be completed on schedule
5. Possess strong written and verbal communication skills
6. Excellent interpersonal skills to communicate effectively across the organization and with partners
7. Highly detail oriented with a strong ability to multi-task
8. Proficient PC skills, especially in Microsoft Excel

BENEFITS & PERKS

Our motto is ‘Taking Care of Our Own’ through 6 pillars of benefits:

• HEALTH: Medical, Dental and Vision benefits for you and your family, along with Employee Assistant Programs through Modern Health and ComPsych
• YOURSELF: Generous paid time off policy including holiday closures, and sick time for you and dependents, along with free concert tickets
• WEALTH: RRSP program with company match, Stock Program Reimbursement
• FAMILY: New parent programs & support including caregiver leave and baby bonus, and infertility support
• CAREER: Tuition reimbursement, student loan repayment internal growth and development programs & trainings
• OTHERS: Volunteer time off, crowdfunding network, gender reassignment support

We thank all candidates for their interest, only those who will be selected for an interview will be contacted.

Physical Requirements/Work Environment

Sits for extended periods of time at a computer station or work desk; stands and walks throughout the day; occasionally move about inside the office to access file cabinets, office machinery, etc.; uses hands and fingers to operate computers and office equipment for up to 8 hours each day; lifts up to 10 pounds regularly; exposed to typical office environment conditions and noise levels.

EQUAL EMPLOYMENT OPPORTUNITY

We are passionate and committed to our people and go beyond the rhetoric of diversity and inclusion. You will be working in an inclusive environment and be encouraged to bring your whole self to work. We will do all that we can to help you successfully balance your work and home life. 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. It’s talent that matters to us and we encourage applications from people irrespective of their gender, race, sexual orientation, religion, age, disability status or caring responsibilities.

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.