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Full Time Job

VP Of Finance & Accounting

Live Nation

Burbank, CA 07-29-2024
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  • Paid
  • Full Time
Job Description
ABOUT THE COMPANY

Redrock Entertainment is a multi-purpose end-to-end entertainment management and production company made up of award-winning creatives with over 30 years' experience managing iconic artist talent, creating unique brand content, and producing large-scale global live events. With extensive and multi-disciplinary experience in Entertainment, the Founders of Redrock Entertainment continue to lead the industry by focusing on what matters most - people. The world's most iconic brands and artists choose us because we build relationships, experiences, and dreams that last a lifetime. We specialize in Film & Event Production, Talent Management, Creative Strategy, and Digital Media.

POSITION DESCRIPTION

The Controller is responsible for overseeing all accounting and financial operations of Redrock Entertainment's multiple entities. This includes managing the finance & accounting teams, maintaining financial records, preparing reports and financial statements, managing cash flow, ensuring compliance with accounting standards and regulations across standalone and consolidated financials, driving process improvements, and collaborating cross-functionally.

KEY RESPONSIBILITIES

Finance and Accounting Management:
• Oversee and manage the day-to-day operations of the finance & accounting teams
• Ensure accurate and timely recording of all financial transactions for each entity
• Maintain and enforce proper accounting policies, procedures, and internal controls for standalone and consolidated processes
• Manage accounts payable, accounts receivable, payroll, and other accounting functions across entities

Production Accounting Oversight:
• Supervise and manage the outsourced production accounting team
• Review and approve production budgets, cost reports, and financial settlements
• Ensure proper coding, authorization, and documentation of production costs
• Monitor spending against approved budgets and analyze variances Payroll Administration:
• Oversee all payroll processes including timekeeping, processing, and reporting
• Ensure compliance with federal, state, and local payroll regulations and tax laws
• Manage payroll systems, third-party vendors, and internal payroll staff Financial Reporting and Analysis:
• Prepare monthly, quarterly, and annual financial statements in accordance with GAAP for each entity and consolidated financials
• Analyze financial data and prepare ad-hoc reports as needed for standalone and consolidated performance
• Conduct budget preparation and variance analysis at the project, entity, and consolidated levels
• Provide financial analysis and insights to support business decisions across entities Cash Flow Management:
• Forecast, monitor, and manage cash flow to ensure adequate liquidity for each entity and consolidated operations
• Oversee cash receipts, disbursements, and bank reconciliations across entities Compliance and Risk Management:
• Ensure compliance with relevant accounting standards, regulations, and tax laws for each entity and consolidated operations
• Oversee the annual audit process and liaise with external auditors for standalone and consolidated audits (when applicable)
• Identify and mitigate financial risks across entities
• Implement and maintain effective internal controls for standalone and consolidated processes

Process Improvements:
• Continuously evaluate and improve accounting processes, systems, and internal controls
• Identify opportunities to streamline operations, increase efficiency, and reduce costs
• Implement new technologies and automation to enhance financial processes
• Develop and deliver training programs to ensure consistent application of processes Cross-Functional Collaboration:
• Work closely with other departments, such as operations, production, IT, and marketing, to align financial goals and strategies
• Provide financial guidance and support to cross-functional teams and projects
• Collaborate with stakeholders to develop financial models and forecasts for new initiatives
• Participate in strategic planning and decision-making processes Team Management:
• Recruit, train, and supervise accounting staff for entity-level and consolidated operations
• Foster a positive and productive work environment
• Provide guidance and support to team members across entities Qualifications:
• Bachelor's degree in Accounting, Finance, or a related field
• CPA certification preferred
• Minimum of 5 years of experience in a senior accounting or finance role, including multi-entity experience
• Minimum of 2 years of accounting experience in an Entertainment Production and/or Creator environment
• Production Accounting knowledge strongly preferred
• Extensive knowledge of GAAP, financial reporting, and financial analysis for standalone and consolidated operations
• Payroll experience required - paylocity and ADP would be a bonus
• Strong analytical, problem-solving, and process improvement skills
• Excellent communication, collaboration, and leadership abilities
• Experience with Oracle workspace preferred
• Experience with QBO, bill.com, Paylocity, ADP, AirTable, preferred

At Redrock Entertainment, we truly believe our success is achieved by the strength and heart of our people. Not only do we embrace and celebrate the diversity of our ideas and experiences, we also strive for the same in our employees. At Redrock, we are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, national origin, gender, sex, gender identity or expression, sexual orientation, age, citizenship, marital or parental status, disability, veteran status, or other class protected by applicable law. We are proud to be an equal opportunity workplace.

The expected compensation for this position is:
$140,000.00 USD - $175,000.00 USD
** Pay is based on a number of factors including market location, qualifications, skills, and experience.

Jobcode: Reference SBJ-r1my4e-3-133-123-213-42 in your application.

Salary Details
Salary Range: $140,000 to $175,000 Per Year ($ USD)
Company Profile
Live Nation

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.