Financial Settlements Specialist - AXS

AEG Worldwide; Los Angeles (CA); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

Paid holidays

Vacation and sick time

401k Plan with employer match

Life insurance

Parental leave

Job summary

AXS is seeking a Financial Settlement Specialist to drive accurate, timely settlement of events through the AXS ticketing platform. You will collaborate with internal teams and venue partners, reconciling data and delivering exceptional client support.

Responsibilities include weekly revenue/liability reports, reconciliation work, and producing journal entries with GL support in partnership with the accounting team.

Qualifications

• AA/AS Degree in Finance, Accounting, or relevant field of study.
• 2+ years experience in Accounting/Finance or Live Event/Ticketing.
• Proficient knowledge of MS Excel with pivot tables and macros.

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.

Skills

Excel proficiency

Financial reconciliation

Project management

Customer service

Communication skills

Audit procedures

Education

AA/AS Degree in Finance or Accounting

BA/BS Degree Preferred

Tools

MS Excel macros

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.

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

Benefits: We offer a comprehensive benefits package that includes: 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.

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