company_logo

Full Time Job

Settlement Coordinator

Ticketmaster

Washington, DC 05-06-2024
 
  • Paid
  • Full Time
Job Description

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.

WHAT THIS ROLE WILL DO
• Prepare pre-settlements for Talent Buyer review and sign-off
• Execute night of show event settlements for high volume of shows (clubs, theaters, amphitheaters & arenas)
• Compile expense backup, audits, and relevant settlement documents for artists and venues
• Facilitate payments to respective parties post-event
• Order, handle and reconcile show cash including bank deposits for all shows settled in the Capital Region
• Communicate & coordinate with the local office and accounting team on financial related items as related to settlements
• Work with Live Naton Touring team to ensure execution of ICJEs between different divisions
• Keep accurate records for all shows
• Work with Accounting department to close out shows in accounting system
• Process employee payroll (bi-weekly) for casual labor at third-party events (timesheet collection and data entry)
• Submit A/P invoices, write manual checks, and submit wires in a timely manner
• Manage month-end vendor statements and clarify outstanding invoices with Accounts Payable department
• Correspond with vendors and respond to inquiries and verify account are cleaned up at year end
• Manage venue-specific tracking systems to monitor status of payments
• Set up new vendors and artist for wire transfers
• Assist production team with incident reports
• Various projects as needed
• Regional travel as necessary

PREFERRED QUALIFICATIONS
• Reliable transportation to travel between the DC/Maryland/Virginia area
• Relevant experience preferred (school, internship, or professional); Preferably in a field related to business
• Basic accounting knowledge
• Basic experience using Excel and Adobe
• Must work well under pressure and high stress environments
• Must be able to read and interpret ticket audits
• Acute sense of judgment, tact, and diplomacy
• Strong Excel skills
• Adaptable with work hours, supporting weekends, nights and holidays as needed
• Excellent organizational, communication and analytical skills with the ability to prioritize and handle multiple tasks in a fast-paced environment

Live Nation's policy regarding vaccinations and masking related to a pandemic or other infectious disease control measures, acts of God, health, and safety mandates and/or restrictions imposed by applicable local, state or federal governments has evolved over time. Currently, we strongly encourage employees to be fully vaccinated from such infectious diseases for which vaccinations are available. You are expected to follow Live Nation's health and safety protocols and policies as they change from time to time.

Jobcode: Reference SBJ-r1k6we-3-16-203-149-42 in your application.

Company Profile
Ticketmaster

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.