Operations Accountant

Job Description

The location of this role can be based in either Vancouver, BC or Toronto, ON.

Company

Live Nation Entertainment is the world's leading live entertainment and eCommerce company, comprised of four market leaders: Ticketmaster.com, Live Nation Concerts, Front Line Management Group and Live Nation Network. Ticketmaster.com is the global event ticketing leader and one of the world's top five eCommerce sites, with over 26 million monthly unique visitors. Live Nation Concerts produces over 20,000 shows annually for more than 2,000 artists globally. Front Line is the world's top artist management company, representing over 250 artists. These businesses power Live Nation Network, the leading provider of entertainment marketing solutions, enabling over 800 advertisers to tap into the 200 million consumers Live Nation delivers annually through its live event and digital platforms. For additional information, visit www.livenation.com/investors.

Live Nation Canada, Inc (LNC) is the largest concert promoter in Canada producing in excess of 1,000 events annually with offices located in Toronto and Vancouver. Live Nation Entertainment has its head office in Beverly Hills California and affiliated offices around the world.

Summary:

The Operations Accountant will be responsible for working with events and venue teams, manage expense oversight, review revenues, ensure accurate and timely show settlements and management of venue operational finance. 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
• 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 venue / stadium / festival properties may be required.
• Ad hoc projects as assigned by management

Requirements:
• Bachelor's degree in Accounting
• 2-3 years of technical 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 and goals to be completed on schedule
• Possess strong written and verbal communication skills
• Excellent interpersonal skills to communicate effectively across the organization and with partners
• Highly detail oriented with a strong ability to multi-task
• Proficient PC skills, especially in Microsoft Excel
• COVID-19 vaccination will be required for this position subject to legal valid exemptions

We thank all applicants for their interest, however, only those chosen 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.

Employment Equity
Live Nation Canada strongly supports

This job description is a summary of duties that are expected to be performed. Duties outlined on this job description may not be all-inclusive, and can be modified at any time if requested by management.

Jobcode: Reference SBJ-g4opoy-3-145-119-199-42 in your application.