Lead Settlement Officer

Job Summary:

THE TEAM

The Finance team plays a vital role in the business and works closely with the internal stakeholders, clients, and fans.

The team supports the day-to-day finance operations including reconciling and investigating balances across Ticketmaster platforms and finance systems, providing Event Settlements in line with the contracted terms, performing Accounts Payable functions and any ad-hoc projects from the Department Head.

A high standard of work ethics is expected to be demonstrated and to work in accordance with Ticketmaster processes and policies and audit requirements.

THE JOB

The Finance Executive requires an eye for details to support all aspects of the finance operations and shall deliver in line with the Ticketmaster and Live Nation compliance. In addition, you will provide support and work closely with the Line Manager.

This dynamic and fast-paced role is for someone who likes working with numbers, is able to work independently as well as a team to meet monthly deadlines, and has a genuine desire to learn about the business.

This position will be responsible for the AP and AR functions and other allocated weekly and monthly duties including but not limited to cash count, updating of tracking worksheets, settlement duties with Clients, Venues and Outlets, and sales data reporting.

Other duties include administrative matters as requested by the Line Manager / Department Head.

WHAT YOU WILL BE DOING

Responsibilities and Key Result Areas

• Assists with sales reconciliation
• Assist with sale receipting – ensure all payments have been settled to TM on a daily basis from payment providers
• Ensure weekly supplier payments are promptly processed with appropriate approvals, and duly authorized
• From time to time assist in preparation of Event Settlement report
• Ensure quality of work is not compromised
• Lead and adhere to Live Nation/Ticketmaster audit and policy requirements across the business and finance team.

Primary Duties

• Perform sales reconciliation of previous day’s sales
• Responsible for weekly, monthly and ad-hoc payments
• Work closely with Outlets and confirms weekly sales reconciliation
• Daily update of Cashbook
• Periodic update of system according to event pipelines
• Provide weekly and month end cash balance reports
• Prepare month end closing within the required timeline set by the parent company to insure consolidation
• Work closely and provide support to Line Manager
• Other tasks as required, inclusive but not limited to Accounting and Finance Operations support

WHAT YOU NEED TO KNOW (or TECHNICAL SKILLS)

• Proficiency in English is highly desirable for this position.
• A degree in finance related subject
• Good time management skills
• Skilled in the use of Microsoft Office
• Skilled in the use of finance systems will be good to have
• Ability to work effectively in a fast-paced, rapid changing environment, whilst managing stress and meeting deadlines under flexible working arrangements.
• High attention to detail
• Solid Communication skills
• Must be reliable and punctual
• Problem solve and investigate reconciling variances

LIFE AT TICKETMASTER

We are proud to be a part of Live Nation Entertainment, the world’s largest live entertainment company.

Our vision at Ticketmaster is to connect people around the world to the live events they love. As the world’s largest ticket marketplace and the leading global provider of enterprise tools and services for the live entertainment business, we are uniquely positioned to successfully deliver on that vision.

We do it all with an intense passion for Live and an inspiring and diverse culture driven by accessible leaders, attentive managers, and enthusiastic teams. If you’re passionate about live entertainment like we are, and you want to work at a company dedicated to helping millions of fans experience it, we want to hear from you.

Our work is guided by our values:

Reliability - We understand that fans and clients rely on us to power their live event experiences, and we rely on each other to make it happen.

Teamwork - We believe individual achievement pales in comparison to the level of success that can be achieved by a team

Integrity - We are committed to the highest moral and ethical standards on behalf of the countless partners and stakeholders we represent

Belonging - We are committed to building a culture in which all people can be their authentic selves, have an equal voice and opportunities to thrive

EQUAL OPPORTUNITIES

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.

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Live Nation Entertainment will never request payment or equipment purchases as part of the hiring process. Recruiters will only contact candidates from official Live Nation or affiliated brand email domains.