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SalaryJob Summary:
Company: Live Nation
Department: Finance
Location: Farringdon, London
Reports to: UK Financial Reporting Manager
Working Hours: Fixed term contract, maternity cover. Expected duration until Summer 2025.
Role Description
The Financial Accountant plays a key role in delivering Live Nation’s internal and external reporting requirements for the UK group, including monthly and quarterly balance sheet and GAAP company reporting (where we record our differences between UK and US accounting and our consolidation adjustments), statutory account filings (including consolidations), P&L reporting for certain non-wholly owned entities and group and statutory audit coordination. The role is a key technical resource and also assists with M&A and consolidation accounting and transition and integration of acquisitions into the group accounting environment.
What it’s like to work in the Team
The Financial Reporting team is a small team, working together closely to support the wider LN finance function. We work flexibly, focussing on key reporting timelines and deliverables while maintaining valuable relationships with colleagues across finance and the wider business on a range of projects and ad hoc tasks.
Who you are
Competencies / Skills / Knowledge / Experience
Essential
- Technically strong qualified accountant (ACA, ACCA, CIMA or equivalent)
- Up to date knowledge of Financial Reporting standards, including FRS102
- Robust Excel knowledge
- Strong administration and time management skills
- Able to handle pressure and conflicting deadlines
Desirable
- Knowledge of US GAAP
- Experience with Oracle and BPC
- Experience dealing with auditors
Behaviours
The following attributes determine how the role will be carried out and are required to be a success
- Self-starter and problem solver
- Deadline focused
- Good communicator
- Good organisation skills
- Works well in a team environment and always willing to help others
What the role includes
- Review or preparation of various deliverables for consolidated balance sheet reporting under US and UK GAAPs, coordinating with numerous local operating units and the Int’l and US Corporate teams
- Assisting in overseeing the external group audit (under US GAAP) and the various external statutory audits (under FRS 102, including consolidated accounts), plus the internal SOX audit.
- Assisting in the preparation and review of Group and individual company statutory accounts under FRS 102 (excel based and using Caseware software)
- Assist with accounting for leases under US GAAP and differences between UK and US GAAP, including treatment of associated lease costs
- Review of UK group balance sheet and preparation of quarterly commentary on variances versus prior quarter / year-end
- Coordinating with the Tax department in providing deliverables to enable their UK and US tax calculations
- Periodic review of various property and dilapidation provisions held across the Group
- Assisting in year end budget and forecast updates and reviews
- Coordinate any SOX control changes and Statement of Authority updates with UK FCs/FDs to ensure compliance
- Ad hoc tasks including set-up of new Oracle entities, assisting with US queries, tax related queries, review of National Statistics forms and review of annual reporting calendar
- Write technical accounting memos on new and / or complex accounting issues
- Involvement in divisional balance sheet reviews and monitoring of controls compliance
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
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APPLICATION DEADLINE: Monday 15th April. We reserve the right to close applications at any time so encourage early application.
