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Job Summary:
Company: Live Nation Music Uk Ltd
Department: Finance
Location: Farringdon, London
Reports to: Head of Tour Accounts
Working Hours: 9am – 5pm or 10am – 6pm – Some antisocial hours including occasional evening and weekend work throughout the year
Job Type: Permanent
Role Description
An opportunity has arisen for a highly motivated individual to join the Tour Accounting division of Live Nation Music. The main purpose of the role is to provide business support to the Promoters for their events which range from club shows, Theatres to multi date arena tours, stadiums and outdoor events throughout the UK and Europe.
The role will work directly with the Promoters and their Assistants and also the wider LN Finance department throughout the show costing / budget and forecasting stages, this will include preparing profit & Loss show accounts, reviewing contracts, ascertaining foreign currency requirements across tours and also providing reconciliation support post event.
Strong interpersonal skills are required, as the role will work closely with cross functional departments including marketing / ticketing / production and our show reps. There will be instances whereby some tours require the presence of the Tour Accountant on site for settlement with Artist Management / Agents and therefore an element of travel is required across the UK.
What we can offer you
Live Nation offers impressive employee benefits including tickets to shows and festivals and unlimited annual leave. The newly opened Farmiloe Building in Farringdon, London is a beautiful office to work in. Staff can enjoy use of arcade games in the basement games room, onsite gym equipment plus fitness and meditation classes. In addition to this, the office has a fully stocked complimentary coffee bar with barista to serve you your favourite coffee as you walk into the office and offers heavily subsidised lunch options. We hold regular staff events in our atrium stage space including hosting speakers and open mic nights to showcase Live Nation employee talent.
Who you are
Competencies / Skills / Knowledge / Experience
Experience in concert promotions, event management or music venue management
Excellent numeracy skills with attention to detail and proficiency in using excel at intermediate or above.
Knowledge of and accounting for FEU, this will also Include Non-resident withholding taxes – consulting with tour accounting staff, local promoters, and artist representatives to meet withholding tax requirements in all jurisdictions.
Ability to plan and organise and manage your own workload
Ability to multitask and handle multiple projects concurrently.
Strong written and verbal communication skills
Ability to work to tight deadlines in a pressured environment when required.
Ability to self-motivate and work as part of a team and liaise with cross functional departments.
Some travel within UK/Europe may be required.
Behaviours
The following attributes determine how the role will be carried out and are required to be a success
Self-motivated and takes ownership alongside prioritising workload.
Proactive and demonstrates initiative, drive and commitment to achieve objectives and meet deadlines.
Uses interpersonal skills to establish excellent rapport and working relationships.
Ability to interact with people at all levels of the business.
What the role includes
Preparation of full profit and loss account for tours from contractual stages to finalisation of account and obtaining Promoter signoff approval.
Dealing with tour representatives on every aspect of the show settlement. Starting with the provisional through to the (“NOS”) settlements, ensuring the accuracy and integrity of figures submitted.
Analyse/investigate material variances to projections.
Working on special projects that may require Finance Assistance.
Ensuring the accuracy of tour reporting in all aspects including providing appropriate support for tour settlements across the UK & Europe.
Dealing with ticket revenue
Dealing with the Marketing, PR and promotional spend
Dealing with Venue Personnel to obtain final settlements for shows.
Working through tour floats and PLEO, our expenses tracking tool.
Payments including obtaining purchase orders where required, approving payments of show invoices as appropriate through our system.
Facilitating Artist deposit and balance payments.
Show account reconciliation to the general ledger.
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 identity, race, sexual orientation, religion, age, disability status or caring responsibilities.
The Company
Live Nation Entertainment is the world’s leading live entertainment company, comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. Ticketmaster is the global leader in event ticketing with over 500 million tickets sold annually and more than 12,000 clients worldwide. Live Nation Concerts is the largest provider of live entertainment in the world promoting more than 40,000 shows and 100+ festivals annually for nearly 4,000 artists in over 40 countries. These businesses allow Live Nation Media & Sponsorship to create strategic music marketing programs that connect over 1,000 brands with the 98 million fans that attend Live Nation Entertainment events each year. For additional information, visit www.livenationentertainment.com
APPLICATION DEADLINE: 13TH NOVEMBER 2024. We reserve the right to close applications at any time.
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