Operations Accountant

Job Description

Summary:

The Operations Accountant will be responsible for working with events and venue teams to manage venue operational finance, including revenue recognition, expense oversight, ensuring accurate and timely show settlements and proper month end close processes. This includes review and approval of transactions, preparation of accounting entries, and reconciliation of payables and receivables.

The Role:

This position is responsible for all accounting functions related to shows including but not limited to:
• Finalizing profit and loss statements for assigned shows
• Entering show settlements into accounting systems and distributing reports
• Acting as point of contact for show accounting, and liaising with talent department, artist representatives and production staff for assigned shows
• Reviewing all show settlements to verify proper documentation has been received and proper backup for SOX compliant audit purposes
• Working closely with venue GMs to ensure compliance with finance best practices and approved budgets
• Identifying any venue cost over runs and communicate to management via variance analysis
• Reconciling cash floats
• Review and reconciliation of venue food and beverage inventory
• Coding and distribute show invoices and cheques for Accounts Payable input
• Preparing and coding artist final settlement wires based on contract; remit payment to artist ensuring appropriate withholding taxes, charity, and album bundles are recognized.
• Settling venue expenses, shared ancillary revenues, and co-promotion deals
• Preparing and uploading show journal entries
• Reconciliation of revenues, project costs, and accruals
• Reconciliation of accounts receivable, review for balance accuracy, and timely collection
• Completion of month end close and reporting of per show contribution margin
• Travel and on-site support for venues and shows may be required.
• Ad hoc projects as assigned by management

Requirements:
• Bachelor's degree in Accounting
• 3-5 years of Accounting experience, with strengths in reconciliation
• 1-2 years project management experience
• Experience and knowledge with Oracle and/or Salesforce are an asset
• Strong organizational and time management abilities that allow projects be completed on schedule
• Possess strong written and verbal communication skills
• Excellent interpersonal skills to communicate effectively with internal and external stakeholders
• Highly detail oriented with a strong ability to multi-task
• Proficient PC skills, especially in Microsoft Excel

We thank all applicants for their interest, however, only those chosen for an interview will be contacted.

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

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 mental health support through a comprehensive Employee Assistance Program including complimentary therapy and coaching sessions.
• YOURSELF: Paid time off including holidays, personal days, sick time for you and your dependents, and access to free concert tickets.
• WEALTH: RRSP program with company match, Stock Program Reimbursement and a Student Loan Repayment Plan.
• FAMILY: New and future parent programs including paid parental leave, childcare reimbursement and fertility treatment support.
• CAREER: Internal learning and development programs including financial support with tuition assistance.
• OTHERS: Volunteer time off, crowdfunding network, gender reassignment support

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
Live Nation Entertainment strongly supports equal employment opportunity for all applicants regardless of race, colour, 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 provincial or federal law.

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Jobcode: Reference SBJ-d8x3nk-3-147-8-67-42 in your application.