Financial Settlements Specialist

AXS•Los Angeles, CA

12d•Onsite

About The Position

The Financial Settlements Specialist supports financial operations by ensuring accurate and timely settlement of events through the AXS ticketing platform. The role collaborates with internal teams, reconciles financial data, and provides support to clients and venue partners. The specialist runs weekly revenue and liability reports, calculates settlement amounts and fees, supports client payments and invoicing, addresses reporting and financial issues, audits fee structures against client contracts, and assists accounting with journal entries and general ledger support. AXS is a live-entertainment ticketing company and a subsidiary of AEG. The position is not eligible for a bonus under current bonus plan requirements. The employer does not offer work visa sponsorship for this position.

Requirements

Associate of Arts or Associate of Science degree (two-year); a Bachelor of Arts or Bachelor of Science degree is preferred.
Degree or field of study in finance, accounting, or a relevant field.
At least 2 years of experience in accounting or finance, or in live events or ticketing.
Proficient knowledge of Microsoft Excel, including pivot tables and some macros.
Creative problem-solving ability.
Ability to manage projects and deadlines simultaneously.
Effective customer service and communication skills.
Knowledge of financial reconciliation processes.
Familiarity with auditing procedures.

Nice To Haves

Bachelor of Arts or Bachelor of Science degree.

Responsibilities

Run weekly reports from the AXS ticketing system to track revenues and liabilities.
Assist with reconciliation and financial analysis projects.
Work with client finance teams to ensure timely and accurate financial settlement of events using the AXS ticketing platform.
Calculate settlement amounts and fees for events sold in the AXS system to support payments to clients.
Provide clients with reporting to support settlement payments and invoices.
Assist venue partners with reporting and financial issues related to AXS ticketing.
Respond promptly and clearly to client inquiries about settlement and finance issues.
Audit fee structures for accuracy based on client contracts.
Work with the accounting team to produce journal entries that provide general ledger support.