Senior Manager, Lease Accounting Transaction
Live Nation
Job Summary:
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 ROLE
We are seeking a highly skilled and experienced Senior Manager, Lease Accounting Transaction to oversee the accounting assessment and compliance for leases, particularly focus on those involving construction.
The ideal candidate will have a deep understanding of lease accounting standards of US GAAP ASC 842, exceptional analytical skills, and the ability to manage complex lease agreements with construction components. This role will play a critical part in ensuring accurate financial reporting, compliance, and process optimization within the organization. The successful candidate will collaborate cross-functionally to enhance lease accounting practices and support strategic decision-making
WHAT THIS ROLE WILL DO
+ Partner with project managers, legal teams, acquisition team, and external stakeholders to assess the financial impact of complex lease agreements, including construction-related leases.
+ Collaborate with legal, operations, local accounting teams, and the lease accounting team to ensure alignment on lease-related matters.
+ Monitor and report on lease-related construction projects, ensuring proper capitalization and financial reporting.
+ Oversee the accounting treatment for leases involving construction, including build-to-suit arrangements, sale-leasebacks, and leasehold improvements.
+ Coordinate with both the local accounting teams and the corporate lease accounting team to provide guidance, ensuring the accurate recording of lease liabilities, right-of-use (ROU) assets, and related expenses for complex lease agreements.
+ Interpret and apply complex accounting guidance to unique lease scenarios, ensuring compliance with ASC 842 and other relevant standards.
+ Develop and maintain comprehensive documentation of lease accounting assessments, producing detailed reports and memos for senior leadership and auditors.
+ Provide strategic guidance to senior leadership on the financial implications of lease agreements and construction projects.
+ Stay current on U.S. GAAP updates and other relevant accounting standards related to leases and other transactions as requested by management.
+ Support internal and external audits by providing lease accounting documentation and detailed explanations.
+ Execute effective internal control procedures and maintain compliance with SOX (Sarbanes-Oxley) requirements.
WHAT THIS PERSON WILL BRING
+ Bachelor’s Degree in Accounting required.
+ CPA certification required.
+ Minimum of 7 years of progressive experience in accounting, with at least 3+ years focused on lease accounting under US GAAP (ASC 842).
+ Proven experience managing lease accounting for construction-related projects, including build-to-suit arrangements.
+ Strong knowledge of financial reporting and internal controls. Oracle, BPC and Equity Edge experience a plus.
+ Ability to research accounting literature and reach conclusions.
+ Strong written and verbal communication skills.
+ Strong analytical skills.
+ Detail and multi-task oriented.
+ Strong organization skills.
+ Team oriented.
+ Self-motivated, shows initiative
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 PRACTICESThe 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.
#LI-JA2
#LI-HybridHouston,TX
Confirm your E-mail: Send Email
All Jobs from Live Nation