Financial Settlements Specialist - AXS

aegworldwide; Los Angeles (CA); On-site; USD 71,635,000 - 85,017,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

401k Plan with employer match

Job summary

AXS in Downtown Los Angeles is seeking a Financial Settlement Specialist to ensure accurate and timely settlement of events through the AXS ticketing platform. You will collaborate with internal teams, reconcile financial data, and provide exceptional support to clients and venue partners.

The role involves running weekly revenue and liability reports, assisting with reconciliation, and calculating settlement amounts. Strong Excel skills and 2+ years in finance or live events are required.

Qualifications

• AA/AS Degree in Finance, Accounting, or relevant field.
• 2+ years of experience in Accounting or Finance or Live Event or Ticketing.
• Proficient knowledge of MS Excel including pivot tables and some macros.
• Creative problem solving and ability to manage deadlines.

Responsibilities

• Run weekly reports from the AXS ticketing system to track revenues and liabilities.
• Assist with reconciliation and financial analysis projects.
• Collaborate with clients’ finance teams to ensure timely and accurate settlement of events using the AXS platform.
• Calculate settlement amounts and fees for events to support client payments.
• Provide reporting to clients to support settlement payments and invoices.
• Assist venue partners with reporting and financial issues related to AXS ticketing.
• Respond to client inquiries about settlement and finance issues with prompt communication.
• Audit our fee structures based on client contracts.
• Work with accounting to produce journal entries for general ledger support.

Skills

Excel pivot tables

Excel macros

Financial reconciliation

Auditing procedures

Customer service

Project management

Communication skills

Education

AA/AS Degree in Finance or Accounting

Tools

MS Excel

Job description

AXS connects fans with the artists and teams they love. Each year we sell millions of tickets to thousands of incredible events - from concerts and festivals to sports and theater - at some of the most iconic venues in the world. Since our founding in 2011, we’ve consistently pushed the industry forward and improved experiences for fans, making it easier than ever to discover events, find the perfect seats, and enjoy unforgettable live entertainment, and we continue to lead the evolution of our industry today.

We’re passionate about improving the fan experience and providing game-changing solutions for our clients, and we’re always looking for smart, motivated people to help make it happen. Bring your enthusiasm, your big ideas, and your desire to team up with some of the best and brightest in technology and entertainment.

The Role

The Financial Settlement Specialist will play a role in the financial operations, ensuring accurate and timely settlement of events through the AXS ticketing platform. The role involves collaborating with internal teams, reconciling financial data, and providing exceptional support to both clients and venue partners.

What you will do

• Run weekly reports from our AXS ticketing system to track revenues and liabilities.
• Assist with reconciliation and financial analysis projects.
• Work with our clients’ finance teams to ensure the timely and accurate financial settlement of events using the AXS ticketing platform.
• Calculate settlement amounts and fees for events sold in the AXS system to support payments to clients.
• Provide reporting to our clients to support settlement payments and invoices.
• Assist our venue partners with reporting and financial issues related to AXS ticketing.
• Respond to client inquiries about settlement and finance issues with prompt and clear communication.
• Accurately audit our fee structures based on client contracts.
• Work with our accounting team to produce journal entries that provide general ledger support.

Qualifications (ALL)

• AA/AS Degree (2-year) (BA/BS Degree Preferred) Finance, Accounting, or relevant field of study
• 2+ years years of experience in Accounting or Finance OR Live Event or Ticketing
• Proficient knowledge of MS Excel required, including pivot tables and some macros.
• Creative problem solving.
• Ability to manage projects and deadlines simultaneously.
• Effective customer service and communication skills.
• Knowledge of financial reconciliation processes.
• Familiarity with auditing procedures.

Pay scale $25.00 - $29.67

Bonus: This position is not eligible for a bonus under the current bonus plan requirements.

Benefits

• medical, dental and vision insurance, paid holidays, vacation and sick time, company paid basic life insurance, voluntary life insurance, parental leave, 401k Plan (with a current employer match of 3%), flexible spending and health savings account options, and wellness offerings.

*Employer does not offer work visa sponsorship for this position.

What’s in it for You?

• The opportunity to support great colleagues, clients and live events
• Extraordinary People - we’re not kidding!
• Meaningful Mission - Helping revolutionize an industry and deliver better experiences for fans and clients around the world.
• Opportunities for learning and leveling up through training and education reimbursement.

Curious about the typical interview process for this position? Here’s what to expect:

• Stage 1: 20-min virtual Recruiter interview
• Stage 2: 30-min Virtual Hiring Manager interview
• Stage 3: 30-min Virtual Team Lead interview
• Stage 3: 60-min Onsite interview

More about AXS

AXS , a subsidiary of AEG , sells millions of tickets every year for 500+ partners across North America, Europe, and Asia, from venues like the O2 in London and the Red Rocks Amphitheatre in Denver to teams like the Los Angeles Clippers, Minnesota Timberwolves, and Houston Rockets. Headquartered in Downtown Los Angeles, California, AXS employs more than 500 professionals in multiple locations worldwide, including Charlotte, Cleveland, Dallas, Denver, Las Vegas, London, Tempe, Stockholm, and Tokyo. At each location you’ll find a team of dedicated, diverse employees (we’ve dubbed ourselves "Fanatix") who create groundbreaking products and services in a fun, fast-paced environment.

To learn more about our culture and values, visit: https://solutions.axs.com/careers/

More about AXS

AXS , a subsidiary of AEG , sells millions of tickets each year for 1600+ premier venues, sports teams, and event organizers across North America, Europe, Asia, Australia and New Zealand. Headquartered in Downtown Los Angeles, California, AXS employs more than 900 professionals in multiple locations worldwide. In each location you’ll find a team of dedicated, diverse employees (we’ve dubbed ourselves "Fanatix") who create groundbreaking products and services in a fun, fast-paced environment.

To learn more about our culture a