Assistant Management Accountant

Job Summary:

Company: Festival Republic

Department: Finance

Location: London

Reports to: Assistant Financial Controller

Working Hours: 40 hours with flexibility for additional hours in the evening and weekends as and when required

Contract type: Fixed term contract, initial expected duration, 12 months

Role Description

Festival Republic is the UK’s largest festival and event promoter. The team organises festivals, including Download, Reading and Leeds, Latitude, Electric Picnic, Wireless, Lollapalooza Berlin and Wilderness.

As an Assistant Management Accountant for Festival Republic, you will be responsible for the production of timely and accurate management accounts for operating projects within Festival Republic.

The role reports to the Senior Management and will work closely with the Operations team to provide accurate and timely management accounts to agreed deadlines.

Who you are

Competencies / Skills / Knowledge / Experience

• Ideally a ACCA or CIMA studier with strong accounting knowledge

• Experience in producing Management Accounts and Balance sheet reconciliations

• Familiarity with UK accounting principles and preparation of statutory financial statements

• Excellent IT skills, strong Excel and experience of Oracle accounting an advantage

• Great attention to detail, presentation and passionate about getting it right first time

• Confident in your communication skills with good commercial awareness

• Good organisational skills

Behaviours

The following attributes determine how the role will be carried out and are required to be a success

• Committed to getting the job done and delivering to agreed deadlines

• Pro-active approach to problem solving

• Enthusiasm and ability to work independently in a growing organisation

What the role includes

• Production of monthly management accounts in accordance with agreed timescales to include a comparison with event by event budgets and forecasts together with explanations of major variance

• Assisting with preparation of monthly festival cash flows, highlighting any potential areas of concern

• Festival purchase invoice processing

• Festival sales invoice processing

• Preparation and review of profit and loss accounts for the income streams for each festival Weekly review of all ongoing budget expenditure with festival stakeholders, highlighting risk areas where budgets are likely to be exceeded

• Attending meetings with Management and Partners to discuss results and action points

• Monthly production of balance sheet reconciliations

• Reviewing purchase and sales ledger balances with sub-ledger managers.

• Aged Debtor analysis and collection

• Project work as and when required Preparation of year-end audit schedules Support the UK Financial Accountant in preparation of statutory accounts and SOX schedules

• Ad hoc support

• A member of the on-site finance team

Equal Opportunities

We are passionate and committed to our people and go beyond the rhetoric of diversity and inclusion. You will be working in an inclusive environment and be encouraged to bring your whole self to work. We will do all that we can to help you successfully balance your work and homelife. As a growing business we will encourage you to develop your professional and personal aspirations, enjoy new experiences, and learn from the talented people you will be working with. It’s talent that matters to us and we encourage applications from people irrespective of their gender, race, sexual orientation, religion, age, disability status or caring responsibilities.

The Company

Festival Republic is part of Live Nation Entertainment which is the world’s leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, LN Media and Artist Nation Management.

APPLICATION DEADLINE: 19th September 2023. We reserve the right to close applications at any time.

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About Us

Recognized three years in a row by Great Place to Work® and named one of People Magazine’s top 50 Companies that Care, 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.

We recognize that our most important assets are our employees, the rock stars who keep the live experience going. Generous vacation, healthcare, and retirement benefits are just some of the great perks we offer to support our global workforce of more than 38,000. For any stage in your career, our many unique benefit programs are designed to help you live life to the fullest. We offer student loan repayment to support recent grads, six months of paid caregiver leave to support new parents, perks like Roadie Babies (bring your little ones & a caretaker along with you on work trips) and Music @ Home (stipend to cultivate your little ones’ music interest), and tuition reimbursement to fuel your ongoing professional development. Plus, working for the world’s largest live event and ticketing company means you’ll have access to free concerts, festivals, sports games, and more through our exclusive employee ticket concierge.

There is no bigger stage for your career. See what your future looks like at Live Nation Entertainment.