Settlement Accountant

Position: Settlement Accountant   Department: Finance   FLSA Grade: Full Time, Non-Exempt  Location: Hollywood Bowl  Salary: $28-31 per hour    Position Summary:  The Settlement Accountant is responsible for managing third party lease events and other venue operations, from pre-event budgeting through post-event settlement, analysis and general ledger reconciliation. This role works cross-functionally with operations and production teams to ensure accurate and timely settlement of events.   This position requires consistent evening and weekend availability, as lease events require settlement on-site following the show. Based on event volume, the role will support activity occurring several nights per week. This position requires being onsite.    Position Elements:  Pre-Event Budgeting & Forecasting Collaborate with operations and productions teams to build detailed pre-event budgets  Maintain budget templates for various event types  Gather necessary information to compile the total event budget, which includes staffing, equipment rentals, and transportation  Event Settlement & Flash Reporting  Responsible for preparing pre-settlement estimates   Responsible for event settlements the night of each event or within timelines, working with operations and production to gather all revenue and expense details in real time during all events  Ensure that settlements are completed accurately and efficiently before the end of each event night and executing with promoter  Prepare post-event flash reports within 24 hours (or within timeline specified for event), summarizing performance against expectations  Record and reconcile revenue streams including rent, F&B, merchandise, sponsorship, transportation and other ancillary income  Capture and track any discrepancies or deviations from budget, and flag issues for follow-up  Month-End Close Support  Reconcile event-related accounts to the general ledger  Ensure all journal entries related to performances, event settlements, additional revenue streams, accruals, and reclasses are accurately prepared and posted  Track and reconcile prepaid and deferred revenue accounts related to events and sponsorships  Assist with reconciling ticketing reports to system entries and bank deposits  Prepare supporting schedules and documentation for monthly close review and audit support  Reporting & Stakeholder Communication  Build and maintain dashboards or trackers for event financial performance including flash reports and actual budget reports  Present clear financial summaries to operations and executive leadership as needed  Support ad hoc reporting and analysis requests related to area of expertise   Compare post-show/event actuals to pre-show/event budgets and annual budgets  Analyze historical data to inform pricing, budgeting, and vendor negotiations  Relationships:  Reports To: Venue Accounting Supervisor  Interacts With: Accounting Department, Finance Teams, Hollywood Bowl Operations, Production  Position Requirements: 2-3 years in an accounting function, Bachelor degree required  Proficient in financial systems  Proficient in Excel  Venue and entertainment experience preferred  Meticulous and detailed-oriented  Excellent communication and written skills  Ability to work under tight deadlines and communicate clearly and concisely with the different stakeholders