Job Summary:
WHO ARE WE?
Live Nation Entertainment is the world's leading live entertainment and eCommerce company, comprised of four market leaders: Ticketmaster.com, Live Nation Concerts, Front Line Management Group and Live Nation Network. Ticketmaster.com is the global event ticketing leader and one of the world's top five eCommerce sites, with over 26 million monthly unique visitors. Live Nation Concerts produces over 20,000 shows annually for more than 2,000 artists globally. Front Line is the world's top artist management company, representing over 250 artists. These businesses power Live Nation Network, the leading provider of entertainment marketing solutions, enabling over 800 advertisers to tap into the 200 million consumers Live Nation delivers annually through its live event and digital platforms. For additional information, visit www.livenation.com/investors.
WHO ARE YOU?
Passionate and motivated. Driven, with an entrepreneurial spirit. Resourceful, innovative, forward thinking and committed. At Live Nation Entertainment, our people embrace these qualities, so if this sounds like you then please read on!
THE ROLE
We are looking for a Manager of Transaction Support in our Corporate Accounting department to provide the day-to-day technical accounting and transactional support for the organization in connection with acquisitions and other equity transactions. This role reports to the Senior Manager of Transaction Support and manages the Senior of Transaction Support.
WHAT THIS ROLE WILL DO
Along with the Senior Manager, responsible for complex purchase accounting for business combinations and other merger and acquisition ("M&A") transactions, including identifying and valuing assets acquired and liabilities assumed in a business combination, valuing non-controlling interests ("NCI") and redeemable NCI, contingent consideration.
Prepare, and/or coordinate with external valuation specialists in the preparation of, valuation models for assets acquired and liabilities assumed in M&A transactions, including intangible assets, NCI, equity investments, and business valuations.
Assist in the management of all aspects of external valuations from beginning to end, including coordination with management and the business development teams, acquired entities, external valuation specialists, and internal and external auditors. Coordinate the preparation of journal entries related to purchase accounting, contingent consideration, redeemable NCI, and other M&A related activity during month-end close.
Perform technical accounting research related to M&A transactions; document GAAP accounting and/or SEC reporting for M&A as needed.
Assess and analyze whether a transaction falls in the scope of business combination vs. asset acquisition, as well as other analyses of accounting impacts related to transactions, and prepare the documentation of the analyses and conclusions in memos or otherwise.
Supervise and review the work of the senior.
Prepare the team calendar that outlines the internal deadlines and deliverables for the Transaction Support team for quarter-end and year-end close.
Prepare and/or review the preparation of various internal and external reporting schedules related to M&A during quarter-end and year-end close.
Coordinate with the Divisions and oversee the ongoing review of estimated earnouts and the related accretion on a quarterly basis.
Review the redeemable NCI calculations prepared by the Divisions for reasonableness, on a quarterly basis.
Assist the FP&A group by providing forecasting for certain M&A related activity such as expected earnout or deferred consideration payments and accretion for redeemable NCI.
Execute effective internal control procedures and ensure compliance with SOX requirements.
Provide guidance and support to division accountants on all M&A-related accounting issues; direct others in the accounting needed for acquisitions.
Perform other technical accounting research as needed.
Handle acquisition-related projects or other projects as needed.
WHAT THIS PERSON WILL BRING
Bachelor's degree in Accounting required
CPA certification required
4-6 years Accounting experience with at least 2 recent years of technical accounting experience and previous public accounting experience strongly preferred
Knowledge of accounting for M&A transactions including business combinations, assessment of business vs. asset, and non-controlling interests.
Knowledge of variable interest entity and consolidation accounting a plus
Knowledge of collaborative arrangements, stock-based compensation, lease accounting and revenue recognition accounting literature a plus
Oracle and BPC experience a plus
Strong written and verbal communication skills
Strong analytical skills
Multi-task oriented
Ability to research accounting literature and reach conclusions.
Valuation modeling skills.
Strong organization skills
Strong Excel skills
Team-player
Self-motivated; shows initiative
BENEFITS & PERKS
Our motto is 'Taking Care of Our Own' through 6 pillars of benefits:
HEALTH: Medical, Vision and Dental benefits for you and your family, including Flexible Spending Accounts (FSA) and Health Savings Accounts (HSAs)
YOURSELF: Generous paid time off policy including paid holidays, sick time and paid days off for your birthday, Free concert tickets
WEALTH: 401(k) program with company match, Stock Program
FAMILY: New parent programs & support including caregiver leave and childcare cash, infertility support
CAREER: Tuition reimbursement, student loan repayment internal growth and development programs & trainings
OTHERS: Volunteer time off, crowdfunding network
Live Nation's policy regarding vaccinations and masking will evolve based upon updated regulations and factors related to COVID-19. Currently, we strongly encourage employees to be fully vaccinated or have received a negative COVID test within [24] hours of entering an office.
EQUAL EMPLOYMENT OPPORTUNITY
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, race, sexual orientation, religion, age, disability status or caring responsibilities.
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, 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 PRACTICESThe 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.
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LI-HybridHouston,TX
