LN Concerts, Settlement Coordinator
About The Position
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 . 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! You will support the regional Settlement Manager with all settlement related duties from preliminary reports to day-of-show settlements to post-show adjustments. Responsibilities include leading settlements for your assigned shows, including stadium shows, as well as assisting the Settlement Manager with administrative tasks. This is a hybrid and interdisciplinary role that requires excellent communication and organization, keen attention to detail, and an adaptable and proactive workstyle among a bustling schedule of shows across the region.
Requirements
- Minimum 3 years related experience
- Minimum 2+ years of contract review
- Strong Excel skills (in addition to other Office software, and Adobe)
- Must be able to read and interpret ticket audits
- Solid communication and negotiations skills
- Excellent organization and keen attention to detail
- Proactive and positive approach to challenges
- Professional demeanor and ability to act with discretion
- Ability to interpret the needs of the artist and tours as they relate to show financials
- Adaptable with work hours, supporting weekends and holidays as needed
- Bachelor’s degree in related field
Responsibilities
- Conduct and execute show settlements for a high volume of shows (clubs, theaters, amphitheaters, & arenas) including advance preliminary reports, day-of-show settlements, and potential post-night-of-show adjustments
- Communicate regularly and efficiently with Booking teams, Production Managers, Ticketing Managers, Accountants, Marketing, and other internal parties
- Liaise between the local office and Live Nation Touring Representatives and Artist Representatives
- Review artist and building contracts, deal sheets, and settlement instructions
- Compile show expenses from Production Managers, vendors, building representatives, Marketing teams, and any co-promoters
- Settle venue expenses with third-party buildings and coordinate settlements with any co-promoters
- Collaborate with Controllers to close out each show in the accounting system
- Maintain thorough, accurate, and organized records for all shows and other work
- Perform compliance in cash handling and payments due to artists and vendors
- Lead and assist stadium show settlements
- Support the Settlement Manager with various related projects as needed
- Regional travel as necessary
Benefits
- 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)
- Free concert tickets, generous paid time off including paid holidays, sick time, and personal days
- 401(k) program with company match, stock reimbursement program
- New parent programs including caregiver leave and baby bonuses, plus fertility, adoption, foster, or surrogacy support
- Career and skill development programs with School of Live, tuition reimbursement, and student loan repayment
- Volunteer time off, crowdfunding match
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
