Job Description
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.
THE ROLE
We are looking for a Manager of Transaction Support in our Corporate Accounting department to provide the day-to-day technical accounting and transactional support for the organization in connection with acquisitions and other equity transactions. This role reports to the Senior Manager of Transaction Support and manages the Senior of Transaction Support.
WHAT THIS ROLE WILL DO
• Along with the Senior Manager, responsible for complex purchase accounting for business combinations and other merger and acquisition (''M&A'') transactions, including identifying and valuing assets acquired and liabilities assumed in a business combination, valuing non-controlling interests (''NCI'') and redeemable NCI, contingent consideration.
• Prepare, and/or coordinate with external valuation specialists in the preparation of, valuation models for assets acquired and liabilities assumed in M&A transactions, including intangible assets, NCI, equity investments, and business valuations.
• Assist in the management of all aspects of external valuations from beginning to end, including coordination with management and the business development teams, acquired entities, external valuation specialists, and internal and external auditors. Coordinate the preparation of journal entries related to purchase accounting, contingent consideration, redeemable NCI, and other M&A related activity during month-end close.
• Perform technical accounting research related to M&A transactions; document GAAP accounting and/or SEC reporting for M&A as needed.
• Assess and analyze whether a transaction falls in the scope of business combination vs. asset acquisition, as well as other analyses of accounting impacts related to transactions, and prepare the documentation of the analyses and conclusions in memos or otherwise.
• Supervise and review the work of the senior.
• Prepare the team calendar that outlines the internal deadlines and deliverables for the Transaction Support team for quarter-end and year-end close.
• Prepare and/or review the preparation of various internal and external reporting schedules related to M&A during quarter-end and year-end close.
• Coordinate with the Divisions and oversee the ongoing review of estimated earnouts and the related accretion on a quarterly basis.
• Review the redeemable NCI calculations prepared by the Divisions for reasonableness, on a quarterly basis.
• Assist the FP&A group by providing forecasting for certain M&A related activity such as expected earnout or deferred consideration payments and accretion for redeemable NCI.
• Execute effective internal control procedures and ensure compliance with SOX requirements.
• Provide guidance and support to division accountants on all M&A-related accounting issues; direct others in the accounting needed for acquisitions.
• Perform other technical accounting research as needed.
• Handle acquisition-related projects or other projects as needed.
WHAT THIS PERSON WILL BRING
• Bachelor's degree in Accounting required
• CPA certification required
• 4-6 years Accounting experience with at least 2 recent years of technical accounting experience and previous public accounting experience strongly preferred
• Knowledge of accounting for M&A transactions including business combinations, assessment of business vs. asset, and non-controlling interests.
• Knowledge of variable interest entity and consolidation accounting a plus
• Knowledge of collaborative arrangements, stock-based compensation, lease accounting and revenue recognition accounting literature a plus
• Oracle and BPC experience a plus
• Strong written and verbal communication skills
• Strong analytical skills
• Multi-task oriented
• Ability to research accounting literature and reach conclusions.
• Valuation modeling skills.
• Strong organization skills
• Strong Excel skills
• Team-player
• Self-motivated; shows initiative
BENEFITS & PERKS
Our motto is 'Taking Care of Our Own' through 6 pillars of benefits:
• HEALTH: Medical, Vision and Dental benefits for you and your family, including Flexible Spending Accounts (FSA) and Health Savings Accounts (HSAs)
• YOURSELF: Generous paid time off policy including paid holidays, sick time and paid days off for your birthday, Free concert tickets
• WEALTH: 401(k) program with company match, Stock Program
• FAMILY: New parent programs & support including caregiver leave and childcare cash, infertility support
• CAREER: Tuition reimbursement, student loan repayment internal growth and development programs & trainings
• OTHERS: Volunteer time off, crowdfunding network
Live Nation's policy regarding vaccinations and masking will evolve based upon updated regulations and factors related to COVID-19. Currently, we strongly encourage employees to be fully vaccinated or have received a negative COVID test within [24] hours of entering an office.
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Jobcode: Reference SBJ-rv27nn-3-133-141-175-42 in your application.