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 backgroun d . Sounds like you? Read on...
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's events have taken place in 13 countries across five continents. The company's premiere annual 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 Senior Financial Analyst 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 remote position.
REPORTING
Manage all aspects of project accounting, including budgeting, forecasting, actuals, and variance analysis as it relates to assigned events
Prepare final settlement 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 and prepare monthly schedules and ad hoc reporting
Collaborate with Finance Manager to complete annual budget and monthly and quarterly forecast packages
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
Travel to events and perform on-site finance and accounting operations
Facilitate regular meetings with management and production/operations staff to review projects status
Work 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
Assist with special projects as assigned, including new initiatives implementation
QUALIFICATIONS
Bachelor's degree in finance or accounting required
3+ years of related financial experience; Entertainment Industry experience preferred
Strong analytical skills and financial acumen including experience building financial models and reports, working with data, managing forecasting, budgeting processes
Experience in monthly, quarterly, and annual close processes within a large 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 and busy environments
Must be willing to frequently work and travel to events during holiday, evening and weekend hours, as required, to meet deadlines and work events
Job sites will have varying climates and temperatures within regions of the United States and elsewhere
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.
