Insomniac - Manager, Financial Planning & Analysis

Posted:
12/10/2024, 3:36:44 PM

Location(s):
Calabasas, California, United States ⋅ California, United States ⋅ Nevada, United States ⋅ Las Vegas, Nevada, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Accounting ⋅ Finance & Banking

Workplace Type:
Hybrid

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 it’s 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 Manager, FP&A will be responsible for providing dedicated analytical support and will be responsible for providing both high level and detailed analysis of departmental operational and financial performance.  This is not a fully remote position and will require you to travel periodically to be onsite for our events working directly with producers. This is a hybrid position.

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 record estimates and actuals

  • Collaborate with Finance Director to complete annual budget and monthly and quarterly forecast packages

  • Perform ad-hoc analysis to improve broader forecast accuracy

COMPLIANCE

  • Audit all co-promoter and venue settlements for inclusion in overall event settlement

  • 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, onboarding, and training various team members

  • Assist with special projects as assigned, including new initiatives implementation

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
Insomniac strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

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.

Salary Range: $90,000.00 - $110,000.00 USD

Please note that the compensation information provided is a good faith estimate for this position only and is provided pursuant to the California Salary Transparency in Job Advertisements Law. It is estimated based on what a successful California applicant might be paid. It assumes that the successful candidate will be in California or perform the position from California. Similar positions located outside of California will not necessarily receive the same compensation. Insomniac takes into consideration a candidate’s education, training, and experience, as well as the position’s work location, expected quality and quantity of work, required travel (if any), external market and internal value, including seniority and merit systems, and internal pay alignment when determining the salary level for potential new employees. In compliance with the California Law, a potential new employee’s salary history will not be used in compensation decisions.

Live Nation Entertainment

Website: https://www.livenationentertainment.com/

Headquarter Location: Beverly Hills, California, United States

Employee Count: 10001+

Year Founded: 1996

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Concerts ⋅ Event Promotion ⋅ Events ⋅ Media and Entertainment ⋅ Ticketing