Settlement Coordinator
WHO ARE WE?
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.
WHO ARE YOU?
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!
THE JOB
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.
WHAT THIS ROLE WILL DO
- 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
WHAT THIS PERSON WILL BRING
- 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
BENEFITS & PERKS
Our motto is ‘Taking Care of Our Own’ through 6 pillars of benefits:
HEALTH: 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)
YOURSELF: Free concert tickets, generous paid time off including paid holidays, sick time, and personal days
WEALTH: 401(k) program with company match, stock reimbursement program
FAMILY: New parent programs including caregiver leave and baby bonuses, plus fertility, adoption, foster, or surrogacy support
CAREER: Career and skill development programs with School of Live, tuition reimbursement, and student loan repayment
OTHERS: Volunteer time off, crowdfunding match
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.
Live Nation 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, Live Nation 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, Live Nation 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 in order 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. Live Nation will also provide reasonable religious accommodations on a case-by-case basis.
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.
Live Nation recruitment policies are designed to place the most highly qualified persons available in a timely and efficient manner. Live Nation may pursue all avenues available, including promotion from within, employee referrals, outside advertising, employment agencies, internet recruiting, job fairs, college recruiting and search firms.
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The expected compensation for this position is:
$26.92 USD - $33.65 USD Hourly
** Pay is based on a number of factors including market location, qualifications, skills, and experience.