Head Of Tour Accounts

Job Description

Company: Live Nation

Department: Finance

Location: Farringdon, London

Reports to: VP Finance – UK Promotions

Working Hours: 9am – 5pm or 10am – 6pm – Some antisocial hours/evening work throughout the year including evening and weekend work.

Contract Type: Permanent

Role Description

An opportunity has arisen for a highly motivated individual to head up the Tour Accounts division of Live Nation (Music) UK Ltd. The main purpose of the role is to drive, inspire, and support the tour accounts team and provide business support to the 30+ Promoters for their 3,500+ events which range from clubs, theatres and multi-date arena tours, to stadiums and outdoor events throughout the UK and Europe.

The role will work directly with the Promoters and the wider LN Finance department from the show costing / budgeting stages, through to tour completion and reconciliation. This will include assisting with show P&Ls, reviewing contracts, ascertaining foreign currency requirements across tours and also providing reconciliation support post event. The role will work closely with the VP Finance to ensure Finance deliver exceptional accounting, reporting and business partnering for the UK Promotions business.

Strong interpersonal skills are required, as the role will also work closely with cross functional departments including marketing / ticketing / production and our show reps. There will be instances whereby some tour accountants require support 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 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.
• Skilled in managing multiple senior and executive-level Promoters/individuals, with the ability to drive significant change and activities that have a broad impact.
• Be a strategic thinker, able to deal with complex situations that arise, and align with the overall vision of the business.
• Excellent numeracy skills with attention to detail and proficiency in using Excel at intermediate level or above.
• Ability to plan and organise and manage your own workload and that of the team.
• Ability to multitask and handle multiple projects concurrently.
• Strong communication and written skills.

Behaviours

The following attributes determine how the role will be carried out and are required to be a success
• 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 self-motivate, lead and work as part of a team and liaising with cross functional departments.
• Ability to interact with people at all levels of the business.
• Ability to work to tight deadlines in a pressured environment when required.

What the role includes
• Manage a team of 12.
• Provide inspiring leadership, supporting career development, and fostering talent retention.
• Knowledge of and accounting for FEU; this includes Non-resident withholding taxes – consulting with tour accounting staff, local promoters, and artist representatives to meet withholding tax requirements in all jurisdictions.
• Review of the quarterly FET return to HMRC.
• At times, for highly sensitive tours, preparation of full profit and loss account for tours from contractual stages to finalisation of account and obtaining Promoter signoff approval. This involves 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.
• Ensuring the accuracy of tour reporting in all aspects including providing appropriate support for tour settlements, crisis management/ settlement issues across the UK & Europe.
• Advise the team in dealing with Venue Personnel to obtain final settlements for shows, working through tour floats and PLEO, our expenses tracking tool.
• Show account reconciliation to the general ledger.
• Liaising with the Risk Management department on Insurance queries/ claims & LOP submissions.
• Working on special projects that require Finance Assistance.
• Dealing with our Global Touring/International teams on ad hoc projects.
• Review and submit SOX reporting on artist guarantee commitments.
• Dealing with internal/external auditors.
• Liaising with various parts of the business to ensure smooth working practices.
• PRS dealings.
• Liaising with the FC, Head of Management Accounts and wider finance team to work through common problems/ day to day accounting queries.
• Dealing with FX hedging and treatment.

The Company

APPLICATION DEADLINE: Wednesday 8th January 2025. We reserve the right to close applications at anytime so encourage early application.

We enjoy an extended Christmas break so will review applications in the new year. Thanks for your patience.

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Jobcode: Reference SBJ-g64yn0-18-188-218-219-42 in your application.