Insomniac - Consumer Products Finance & Accounting Manager
Insomniac - Consumer Products Finance & Accounting Manager
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Job Description
Job Summary:
WHO ARE YOU
Do you enjoy dance music Are you passionate about production finance and the accounting space Then youre in luck! We are looking for a highly motivated self-starter who embodies both a passion for dance culture and a strong financial 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 10000 concerts club nights and festivals for seven million attendees annually across the globe. Since its inception Insomniacs events have taken place in 13 countries across five continents. The companys premiere annual event Electric Daisy Carnival Las Vegas is the worlds largest dance music festival and attracts more than 525000 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
Insomniac is looking for a Sr Merchandise Accounting Manager to support various critical operations including close reporting and analysis audit support budgeting and assist with settlements recording and analysis. The ideal candidate will thrive in a fast-paced environment have a strong accounting background strong communication skills and be very well organized. This position reports to the VP of Consumer Products: Formula 1.
RESPONSIBILITIES
- Financial Reporting: Prepare and review financial statements ensuring compliance with GAAP and other relevant regulations. Providing financial reports to management and other stakeholders.
- Inventory Management: Proven track record of Inventory and Retail Management. This should include POS time management cost accounting inventory counts.
- Accounting Close Processes: Manage and oversee the monthly quarterly and annual close processes including journal entry preparation and account reconciliation.
- Team Leadership: Lead and mentor accounting teams providing guidance and support.
- Process Improvement: Identify and implement improvements to accounting processes ensuring efficiency and accuracy.
- Compliance: Ensure compliance with internal controls SOX requirements and tax laws and regulations and other regulatory mandates.
- Business Partnering: Collaborate with other departments (e.g. operations IT) to support business initiatives and provide accounting expertise.
- Budgeting and Forecasting: Assist in preparing budgets and forecasts for the retail organization as well as financial forecasting.
- Financial Analysis: Analyze financial data identify trends and make recommendations to management.
- Accounts Payable and Receivable: Processing invoices managing accounts payable and reconciling accounts receivable.
- P&L Management: Each Race/Store
- Managingall deposits and expenses per race/project quarterly
- Wholesalebilling to accounts (Making sure shipping ASNs translates to wholesale accountInvoicing and timely payments)
- Manage quarterly product licensing reportingand payments
- Approvingand Coding all invoices
QUALIFICATIONS
- Bachelor degree in Accounting or Finance CPA preferred
- 7 years of comparable experience required and 3 years in management position
- Advanced technical skills including Excel and ERP systems such as Oracle SAP and add on reporting software.
- Possess excellent organizational communication and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment
WORK ENVIRONMENT
- Must be able to tolerate loud noise levels & busy environments
- Must be willing to work during evening and weekend hours as required to meet deadlines
Applicants for employment in the U.S. must possess work authorization which does not require sponsorship by Insomniac for a visa.
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.
Insomniac 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 Insomniac 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 Insomniac 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. Insomniac will also provide reasonable religious accommodations on a case-by-case basis.
Salary Pay Range: $90000.00 - $110000.00 USD
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.
Required Experience:
Manager
Employment Type
Full-Time
