Finance Manager, Live Nation
Entertainment events promoter and producer
Open for applications
Entertainment events promoter and producer
1001+ employees
Open for applications
1001+ employees
Company mission
Live Nation's mission is to help live music fans more easily and quickly find concert tickets and information about their favourite artists and venues.
Role
Who you are
- We are not looking for just ‘a numbers person’, but a detective who can uncover the root cause of issues, create strategies, and implement process change when needed
- The ideal candidate is reliable, efficient and thrives in a challenging, fast-paced environment. Knowledge or passion of the music/entertainment industry always a plus
- ACA/ACCA/CIMA Fully Qualified accountant
- IT Proficiency a must, previous experience working with ERP systems such as Oracle a plus
- Experience of monthly reporting to tight deadlines
- Experience of working in a multi-division and international company preferred
- Previous knowledge working with various accounting packages and in house software packages a real plus in particular Excel. Previous experience with Oracle would be advantageous
- Solid analytical and reasoning abilities
- Experience of SOX audits desired
- Strong communication, organisational and leadership skills required
- Commercially astute with strong analytical skills
- Strong problem-solving skills including the ability to identify and prevent potential problems, as well as challenge and improve existing processes
- Strong attention to detail and Vast knowledge of accounting standards
- Highly motivated and dynamic – ability to work to deadlines and achieve targets in a time-conscious manner
- Professional appearance and attitude
- Proactive attitude
- Demonstrable passion for the Company mission
- An ongoing interest in solving and improving financial issues
- Hands-on with integrity and a desire to work in a dynamic environment
- Communicative: the ability to explain numbers to non-financial staff
- Commercial sensibility and business acumen
- Possesses excellent organisation and time management skills, and is able to manage multiple assignments concurrently
What the job involves
- Reports to: Finance Manager
- As a member of the Finance Team, you will be working in all areas across the function and interacting with many different stakeholders
- You will gain an in-depth understanding of the day to day running of the department and play a key role in the daily accounting and financial reporting activities of the business
- The role will be varied and involve working with a range of internal and external data sets, as well as building relationships with stakeholders internally and externally
- This role has end to end ownership of the Finance Operations and settlement process to include:
- Provide leadership and a source of reference to all direct reports
- Create and maintain a professional, motivational and productive environment for the finance team and ensure the continuing development of each member’s contribution to the business
- To develop and maintain effective teamwork within, and between, the various departments of the Company to include, but not limited to, Sales, EP, Client Account Management, Customer Services and other key operational teams
- To identify training and development needs and ensure adequate levels of in-house training for departmental members
- Produce accurate and timely management accounts to meet the needs of local management and meet all reporting requirements of corporate head office within designated deadlines
- To make accounting adjustments to local accounts to ensure compliance with US GAAP as required by Corporate Head Office
- Co-ordination of all daily/weekly/monthly finance functions including settlements, AR, AP, payroll and sales reporting
- To ensure that all settlements with clients are accurate and in line with contracts and/or agreements with clients and executed in a timely manner
- To ensure the business meets all statutory requirements in respect of financial reporting and tax
- Review of all significant financial reconciliations to ensure that accounts are accurate and free from material misstatement
- Review and authorise all (BACS/Cheque/Cash) payments leaving TM Ireland accounts
- Developing additional, relevant accounting controls both system and non-system
- Ensure all relevant corporate control policies are complied with
- Special project work relevant to TM Ireland e.g. New product analysis
- Awareness of key risks and opportunities of the business and their potential effect on the business. To assist with the resolution of said issues e.g. contract renewal, contract changes
- Complete and/or oversee ad/hoc requests as required by management team e.g. Cost reviews, product and channel analysis
- Liaise with external and internal auditors to ensure their requirements are met
- Build and maintain effective working relationships with key clients of the business
- Identify, test and implement modifications to financial systems and practices to achieve more efficient working environment e.g. accounting for new products, channels
- Awareness of all significant financial issues and problems and assist with their subsequent speedy resolution where necessary
Otta's take
Theo Margolius
COO of Otta
Live Nation is the world's leading live entertainment company, sitting at the top of the market in live events and ticketing. Formed in 2009, it is a major international company, with key business segments made up of concerts, ticketing, and sponsorship and advertising.
Despite its dominant position in the market, the company saw an 84% drop in revenue during 2020 and the closure of live events. Since then, however, demand has been stronger than ever for their ticket sales. This is a reflection that live events remain a clear priority for consumers and has been further reflected in Live Nation's acquisitions of companies - like Goodlive - that complement and bolster Live Nation's portfolio.
In addition to live events, a key area to watch for Live Nation will be the rise of online concert streaming, like that undertaken by competitors such as Driift. Major festivals such as Glastonbury have trialled online concerts with mixed reviews. If it proves successful, this could be a major new section of the entertainment market and a big potential part of Live Nation's future ventures.
Insights
Company
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
Company values
- Live for artists - Artists are the heart of what we do and we have deep reverence and respect for their creativity. We believe live music is vital to art and culture which is why in 2019, we paid artists more than $6 billion, making Live Nation by far the largest financial supporter of musicians. Beyond global touring deals and festival performances, our Artist Nation group offers services such as management, business marketing and consulting to artists across all genres
- Live for decentralisation - We don’t believe in bureaucracy and we don’t mandate synergy. We keep our corporate teams small, because we trust that our decentralized divisions know how to make the best decisions for their businesses in real time
- Live for ideas - Part of working in a creative industry is imagining what could be and exploring the possibilities. We encourage everyone at Live Nation to dream big and email our CEO with ideas to move our business forward
- Live for entrepreneurship - Employees who thrive here are self-starters who are experts at what they do. While we give a tremendous amount of independence to our employees, we are also precise and exacting about performance. There is no hiding behind process here. You are evaluated on your results and concrete contributions to our business
- Live for focus - We have a long “To Do” list but an even longer “Not To Do” list. As the demand for live events continues to grow across the globe, we have to stay focused on our core mission of connecting artists with their fans for those magical hours of live music
- Live for talent - We believe talent comes from any place or background. This is not a place for elitists. We hire people for who they are – hard workers who deliver results and are passionate about what they do
Company HQ
Barbican, London, UK
Articles
Founders
Michael Rapino
(President and CEO, not founder)They worked for 10 years in various marketing and entertainment capacities at Labatt’s Breweries of Canada. They held several roles at Clear Channel Communications, including President and CEO of Global Music. They were named CEO and President of Live Nation in 2005.
People progressing
Joined as a Financial Accounting Manager in 2017, promoted to Director and then VP of Financial Accounting.
Joined as Executive VP Marketing in 2012, promoted to Senior VP & Head of Marketing after 2 years.
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