Insomniac - Finance Manager, Concerts

Insomniac Events • Full-time • Calabasas, CA, USA • 3d ago

Job Summary:

WHO ARE YOU?

Do you enjoy dance music? Are you passionate about the finance and budgeting space? Then you’re in luck! We are looking for a highly motivated self-starter who embodies both a passion for dance culture and a strong analytical background. Sounds like you? Then keep reading…

WHO ARE WE?

Insomniac produces some of the most innovative, immersive music festivals and events in the world. Enhanced by state-of-the-art lighting, pyrotechnics and sound design, large-scale art installations, theatrical performers and next generation special effects, our events captivate the senses and inspire a unique level of fan interaction. The quality of the Headliner experience is our top priority.

Insomniac produces 10,000 concerts, club nights and festivals for seven million attendees annually across the globe. Since its inception, Insomniac events have taken place in 13 countries across five continents. The company’s premiere event, Electric Daisy Carnival Las Vegas, is the world’s largest dance music festival and attracts more than 525,000 fans over three days. The company was founded by Pasquale Rotella and has been based in Los Angeles since it was formed in 1993.

THE ROLE

The Finance Manager, Concerts will be responsible for providing dedicated analytical concert support for assigned regions/venues and responsible for settling events with partners. This position reports to the Manager, Concerts FP&A. This position is based in Las Vegas, Nevada or Calabasas, California. You are, however, required to travel to various office locations on an as needed basis and travel to work on site at various event and property locations.

REPORTING

Manage all aspects of project accounting, including: budgeting, forecasting, actuals, and variance analysis as it relates to assigned events
Prepare final settlements of events, including settlement of department costs, venue settlements, event labor and other related parties and record estimates and actuals
Record monthly journal entries, reconcile results, prepare monthly schedules and ad hoc reporting.
Review monthly P/Ls for assigned events for accuracy, perform variance analysis and identify trends
Perform ad-hoc analysis to improve broader forecast accuracy
Prepare final settlement of concerts, including settlement of department costs and record show flashes

COMPLIANCE

Audit all co-promoter settlements for events where Insomniac is the secondary co-promote partner
Help drive timely collection of revenue receipts and cost reimbursements
Ensure adherence to established corporate policies and procedures
Maintain adequate support for all project transactions and provide audit backup as needed
Review and approve invoices to ensure accuracy, proper project coding and allocations
Apply appropriate accounting policies and procedures and facilitate training and communication across internal and external partners
Ensure accounting system (Oracle) and event-budgeting systems are reconciled and explains variances

PARTNERING/COLLABORATION

Facilitate regular meetings with management and production/operations staff to review project status
Partner with production/operations teams on a day-to-day basis to drive accurate, complete and timely cost reporting, protecting and managing show assets and supporting a successful event
Communicate project overruns with the production/operations teams and management in a timely manner
Partner with procurement, marketing and production/operations teams to improve contribution margins
Support in recruiting, hiring, onboarding and training various team members
Special projects as needed

QUALIFICATIONS

Bachelor’s degree in Finance or Accounting required
7+ years of related financial experience. Entertainment industry preferred
Strong analytical skills and financial acumen including experience building financial models and reports, working with data, managing forecasting and budgeting processes
Experience in monthly, quarterly, and annual close processes within a large public company
Professional demeanor and very strong communication skills
Advanced technical skills, including Excel and ERP systems such as Oracle, SAP and add on reporting software
Exhibit exceptional critical-thinking and problem-solving ability
Possess excellent organizational, communication, and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment
Periodic travel is required

WORK ENVIRONMENT

Must be able to tolerate loud noise levels & busy environments
Must be willing to frequently work and travel to work events during the nights, holiday, and weekend hours, as required, to meet deadlines and work events.

Applicants for employment in the U.S. must possess work authorization, which does not require sponsorship by Insomniac for a visa.

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.

Insomniac 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, Insomniac 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, Insomniac 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 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. Insomniac will also provide reasonable religious accommodations on a case-by-case basis.

Salary Pay Range: $90,000.00 - $105,000.00 USD

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.

Insomniac recruitment policies are designed to place the most highly qualified persons available in a timely and efficient manner. Insomniac may pursue all avenues available, including promotion from within, employee referrals, outside advertising, employment agencies, internet recruiting, job fairs, college recruiting and search firms.