LN Concerts, Settlement Manager
Job Summary:
WHO ARE WE?
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 620 million tickets sold annually and approximately 10,000 clients worldwide. Live Nation Concerts is the largest provider of live entertainment in the world promoting more than 50,000 events annually for nearly 7,000 artists in 40+ countries. These businesses allow Live Nation Media & Sponsorship to create strategic music marketing programs that connect more than 1,200 sponsors with the 145 million fans that attend Live Nation Entertainment events each year. For additional information, visit www.livenationentertainment.com.
WHO ARE YOU?
Passionate and motivated. Detail-oriented with strong organizational skills and the ability to learn and adapt quickly. A self-starter who excels in cross-team communication in a fast-paced environment, is resourceful, and proactive, focused and thorough, with a strong love of music. At Live Nation Entertainment, our people embrace these qualities, so if this sounds like you then please read on!
THE JOB
The Settlement Manager plays a critical role in the live tour's event’s financial lifecycle, owning the show documentation and financial completion of shows. This person thrives in a fast-paced, deadline-driven environment, juggling artist and building contracts, cross-team communication, and detailed financial recordkeeping with sharp accuracy and zero drama. We're looking for a self-motivated multitasker who's as comfortable crunching numbers as they are navigating the fast-moving world of live entertainment.The position involves working with Artist, Venue, and Promoter teams simultaneously to record all revenue, expenses, payment advances, and monies due, as well as executing and/or receiving final payments for all. Additionally, this position is responsible for finalizing and uploading all itemized recaps and corresponding backup of the event’s expenses and revenue. This role reports to the Regional Vice President of Finance.
WHAT THIS ROLE WILL DO
- Conduct on site show settlements for high volume of shows in (clubs, theaters, amphitheaters & arenas, and festivals.)
- Daily communication with local and national booking teams and assigned Pproduction Mmanagers to ensure accuracy in stated deal terms and financials.
- Review Aartist and building Venue contracts.
- Compile show expenses from Production Manager, vendors, building, artist and marketing teams.
- WWork with accounting team to close out each show.
- Keep up-to-date accurate records for all shows.
- Regional travel as necessary.
- Various projects as needed.
WHAT THIS PERSON WILL BRING
- Bachelor’s degree
- Minimum 3 years’ related experience in live event settlement, contract review, or similar.
- Proficient in Excel, Word and Adobe & other similar software programs.
- Must be able to read and interpret ticket audits Ability to read and interpret ticket audits.
- 2+ years of contract review
- Solid trong communication and negotiation s skills. The ability to interpret the needs of the Aartist, Ttours, Promoters, Production Managers, and Vvenue representatives.
- Excellent organizational , communication and analytical skills with the ability to prioritize and handle multiple tasks in a fast-paced environmentsimultaneously.
- Ability to work weekends and late nights as needed based on show schedules.
BENEFITS & PERKS
Our motto is ‘Taking Care of Our Own’ through 6 pillars of benefits:
HEALTH: Medical, vision, dental and mental health benefits for you and your family, with access to a health care concierge, and Flexible or Health Savings Accounts (FSA or HSA)
YOURSELF: Free concert tickets, generous paid time off including paid holidays, sick time, and personal days
WEALTH: 401(k) program with company match, stock reimbursement program
FAMILY: New parent programs including caregiver leave and baby bonuses, plus fertility, adoption, foster, or surrogacy support
CAREER: Career and skill development programs with School of Live, tuition reimbursement, and student loan repayment
OTHERS: Volunteer time off, crowdfunding match
EQUAL EMPLOYMENT OPPORTUNITY
We aspire to build teams that reflect and support the fans and artists we serve. Every day we aim to promote environments where everyone can be themselves, contribute fully, and thrive within our company and at our events. 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.
Live Nation strongly supports equal employment opportunity for all applicants regardless of age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), family and medical care leave or the denial of family and medical care leave, mental or physical disability (including HIV and AIDS), marital status, domestic partner status, medical condition (including cancer and genetic characteristics), genetic information, military and veteran status, political affiliation, national origin (including language use restrictions), citizenship, race, sex (including pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, and gender expression, sexual orientation, intersectionality, or any other basis protected by applicable federal, state or local law, rule, ordinance or regulation.
We will consider qualified applicants with criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance Ordinance, San Francisco Fair Chance Ordinance and the California Fair Chance Act and consistent with other similar and / or applicable laws in other areas.
We also afford equal employment opportunities to qualified individuals with a disability. For this reason, Live Nation will make reasonable accommodations for the known physical or mental limitations of an otherwise qualified individual with a disability who is an applicant consistent with its legal obligations to do so, including reasonable accommodations related to pregnancy in accordance with applicable local, state and / or federal law. As part of its commitment to make reasonable accommodations, Live Nation also wishes to participate in a timely, good faith, interactive process with a disabled applicant to determine effective reasonable accommodations, if any, which can be made in response to a request for accommodations. Applicants are invited to identify reasonable accommodations that can be made to assist them to perform the essential functions of the position they seek. Any applicant who requires an accommodation in order to perform the essential functions of the job should contact a Human Resources Representative to request the opportunity to participate in a timely interactive process. Live Nation will also provide reasonable religious accommodations on a case-by-case basis.
HIRING PRACTICES
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Live Nation recruitment policies are designed to place the most highly qualified persons available in a timely and efficient manner. Live Nation may pursue all avenues available, including promotion from within, employee referrals, outside advertising, employment agencies, internet recruiting, job fairs, college recruiting and search firms.
Live Nation Entertainment will never request payment or equipment purchases as part of the hiring process. Recruiters will only contact candidates from official Live Nation or affiliated brand email domains.