Assistant Management Accountant - London, United Kingdom - LiveNation

LiveNation

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

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Description

Company:
Festival Republic

Department:
Finance

Location:
London

Reports to:
Senior Management Accountant

Working Hours: 40 hours with flexibility for additional hours in the evening and weekends as and when required

Contract type:
Fixed term contract, initial expected duration, 12 months

Role Description
Festival Republic is the UK's largest festival and event promoter. The team organises festivals, including Download, Reading and Leeds, Latitude, Electric Picnic, Wireless, Lollapalooza Berlin and Wilderness.

As an Assistant Management Accountant for Festival Republic, you will be responsible for the production of timely and accurate management accounts for operating projects within Festival Republic.

The role reports to the Senior Management and will work closely with the Operations team to provide accurate and timely management accounts to agreed deadlines.

Who you are

Competencies / Skills / Knowledge / Experience

Ideally a ACCA or CIMA studier with strong accounting knowledge
Experience in producing Management Accounts and Balance sheet reconciliations
Familiarity with UK accounting principles and preparation of statutory financial statements
Excellent IT skills, strong Excel and experience of Oracle accounting an advantage
Great attention to detail, presentation and passionate about getting it right first time
Confident in your communication skills with good commercial awareness
Good organisational skills

Behaviours
The following attributes determine how the role will be carried out and are required to be a success

Committed to getting the job done and delivering to agreed deadlines
Proactive approach to problem solving
Enthusiasm and ability to work independently in a growing organisation

What the role includes

Production of monthly management accounts in accordance with agreed timescales to include a comparison with event by event budgets and forecasts together with explanations of major variances
Assisting with preparation of monthly festival cash flows, highlighting any potential areas of concern
Festival purchase invoice processing
Festival sales invoice processing
Preparation and review of profit and loss accounts for the income streams for each festival
Weekly review of all ongoing budget expenditure with festival stakeholders, highlighting risk areas where budgets are likely to be exceeded
Attending meetings with Management and Partners to discuss results and action points
Monthly production of balance sheet reconciliations
Reviewing purchase and sales ledger balances with subledger managers.
Aged Debtor analysis and collection
Project work as and when required
Preparation of yearend audit schedules
Support the UK Financial Accountant in preparation of statutory accounts and SOX schedules
Ad hoc support
A member of the onsite finance team

Equal Opportunities

The Company

Festival Republic is part of Live Nation Entertainment which is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, LN Media and Artist Nation Management.