Senior Tour Accountant

Job Summary:Company: Live NationDepartment: EMEALocation: Farringdon, LondonReports to: Vice President of Operations and FinanceWorking Hours: Full Time, 40 Hours per week, plus occasional attendance at showsContract type: Initial fixed term, duration of 6 months, with the aim of converting to permanent employment if possibleRole DescriptionThe Senior Tour Accountant will report to the Vice President of Operations and Finance and the EMEA Touring team to promote tours and-one off shows across a broad range of artists, in venues around the world.The position will be responsible for coordinating with promoters, internal departments and external organisations to effectively manage finances for tours with an aim to maximize revenue generated and deliver timely and accurate reporting to all stakeholders.Live Nation (Music) UK, part of Live Nation Entertainment, is the largest live entertainment company in the world, consisting of five businesses: concert promotion and venue operations, sponsorship, ticketing solutions, e-commerce and artist management. Live Nation seeks to innovate and enhance the live entertainment experience for artists and fans: before, during and after the show.Who you areCompetencies / Skills / Knowledge / Experience Knowledge of stadiums, arenas, theatres and clubsDemonstrable experience working in a finance team, ideally in the entertainment industryAbility to work spreadsheets and databases – good working knowledge of Microsoft ExcelAbility to plan and organize own workloadAbility to establish and develop relationships within the music industryAbility to work to strict deadlinesStrong communication skills, both written and verbalAbility to interact with people at all levels of business understandingBehaviours The following attributes determine how the role will be carried out and are required to be a successInitiative/self-motivationHands-on team player Focus on quality and service levelsVery focused and adaptable to achieving deadlinesIndependent thinkerAbility to translate a concept into a tactical planFlexible yet strong natureSome travel within Europe may be requiredInterest in the music industry a benefitWhat the role includesOversight/management of the financial settlement process for departmental projects.Create summarized reporting for each tour to track actual performance against tour forecasts; issue management reports for all tours and administer overall tour deals.Tailor summary reporting and templates to meet tour specific objectives and informational requirements of management and Tour Accounts.Liaising with tour accountants/representatives on every aspect of settlements and settlement files including auditing of night of show (“NOS”) settlements and adjustment/finalization of settlements (ensuring accuracy and integrity of figures and correction of reporting errors); analyze/investigate material variances to projections.Create "settlement template" for each show, taking into consideration all relevant deal points and revenue streams to create a framework for show specific P&Ls and determine the source(s) of show proceeds.Attend settlements (if necessary) to instruct tour staff on administration of settlements.Liaise with Tour Accounts for general ledger (“GL”) input of settlement files/summary reporting (including NOS and final adjustments).Liaise with/instruct Tour Accounts in reconciliation of management reporting with the GL and final/preliminary settlements with artists.Accounts receivable: monitor collections of show proceeds and address collection issues.Payments: initiate artist payments on a timely basis and administer any other payments needed by the department.Liaise with departmental bookers, local promoters, marketing, ticketing, legal on all relevant show/tour settlement issues.Non-resident withholding taxes – liaise with tour accounting staff, local promoters, and artist representatives to meet withholding tax requirements in all jurisdictions.Create Local assignment agreements using the main tour agreement and liaising promoters.Assist promoters and tour directors with Tour Business Plans, which may include collecting local costings.Understand tour business plans in ROME (our in house sales force product, designed for worldwide tour business plans).Daily Bank Reconciliations, for GBP, EUR and USD accounts.Prepare/administer historical reporting on past tours on an ad hoc basis.Maintain/update the Europe/Rest of World settlement database.Equal OpportunitiesWe 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 CompanyLive 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.comAPPLICATION DEADLINE: Monday 25th September. We reserve the right to close applications at any time so encourage early application.#LI-SL1