Full Time Job

Senior Financial Analyst

Insomniac

Calabasas, CA 04-19-2022
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  • Paid
  • Full Time
  • Mid (2-5 years) Experience
Job Description
WHO ARE YOU?

Do you enjoy dance music? Are you passionate about the finance and budgeting space? Then you're in luck! We are looking for a highly motivated self-starter who embodies both a passion for dance culture and a strong analytical background. Sounds like you? Read on...

THE ROLE

The Senior Financial Analyst will be responsible for providing dedicated analytical support and will be responsible for providing both high level and detailed analysis of departmental operational and financial performance. This is not a remote position.

REPORTING
• Manage all aspects of project accounting, including budgeting, forecasting, actuals, and variance analysis as it relates to assigned events
• Prepare final settlement of events, including settlement of department costs, venue settlements, event labor, and other related parties and record estimates and actuals
• Record monthly journal entries, reconcile results and prepare monthly schedules and ad hoc reporting
• Collaborate with Finance Manager to complete annual budget and monthly and quarterly forecast packages

COMPLIANCE
• Audit all co-promoter settlements for events where Insomniac is the secondary co-promote partner
• Help drive timely collection of revenue receipts and cost reimbursements
• Ensure adherence to established corporate policies and procedures
• Maintain adequate support for all project transactions and provide audit backup as needed
• Review and approve invoices to ensure accuracy, proper project coding and allocations
• Apply appropriate accounting policies and procedures and facilitate training and communication across internal and external partners
• Ensure accounting system (Oracle) and event-budgeting systems are reconciled and explains variances

PARTNERING/COLLABORATION
• Travel to events and perform on-site finance and accounting operations
• Facilitate regular meetings with management and production/operations staff to review projects status
• Work with production/operations teams on a day to day basis to drive accurate, complete and timely cost reporting, protecting and managing show assets and supporting a successful event
• Communicate project overruns with the production/operations teams and management in a timely manner
• Partner with procurement, marketing and production/operations teams to improve contribution margins
• Assist with special projects as assigned, including new initiatives implementation

QUALIFICATIONS
• Bachelor's degree in finance or accounting required
• 3+ years of related financial experience; Entertainment Industry experience preferred
• Strong analytical skills and financial acumen including experience building financial models and reports, working with data, managing forecasting, budgeting processes
• Experience in monthly, quarterly, and annual close processes within a large company
• Professional demeanor and very strong communication skills
• Advanced technical skills, including Excel and ERP systems such as Oracle, SAP and add on reporting software
• Exhibit exceptional critical-thinking and problem-solving ability
• Possess excellent organizational, communication, and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment
• Periodic travel is required

WORK ENVIRONMENT
• Must be able to tolerate loud noise levels and busy environments
• Must be willing to frequently work and travel to events during holiday, evening and weekend hours, as required, to meet deadlines and work events
• Job sites will have varying climates and temperatures within regions of the United States and elsewhere

Applicants for employment in the US must possess work authorization, which does not require sponsorship by Insomniac for a visa.

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Jobcode: Reference SBJ-gmzy82-34-231-147-28-42 in your application.

Company Profile
Insomniac

Live Nation Entertainment is the global leader in live entertainment and ticketing. Our world-class portfolio reaches all aspects of the live event and ticketing industry, from ground-breaking software in Ticketmaster, mix of legendary venues and restaurants in House of Blues, production leaders in Concerts, exceptional brand partnerships in Media & Sponsorship, and unparalleled team of artist managers in Artist Nation supported by diverse professionals in all facets of Corporate operations.