Settlement Accountant

Overview

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Join our team to help create and develop the future of live entertainment and sports in Orange County!

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Mission: To enrich the lives in our community through shared experiences, welcoming spaces, and responsible actions.

Vision: We will be the social and entertainment center of Orange County – a place where the cultural kaleidoscope of the region converges and connects. Our vibrant, rich collection of experiences will celebrate the diversity of our community.

Values: Be Safe | Do the Right Thing | Be Generous | Include Everyone | Make it Easy | Be Bold

Settlement Accountant

Pay Details:

The annual base salary range for this position in California is $70,000 to $90,000 per year. The starting pay for the successful candidate depends on various job-related factors, including but not limited to the candidate’s geographic location, job-related knowledge, skills, experience, education/training, internal value, peer equity, external market demands, and organizational considerations.

The Settlement Accountant is responsible for managing the financial aspects of ticketed events and non-ticketed events, including Ducks games, concerts and special events, from pre-event budgeting through post-event settlement, analysis and general ledger reconciliation. This role works cross-functionally with operations, talent buyers, production teams, and finance to ensure accurate and timely settlement of events. This role will play a key role in maximizing event profitability and supporting financial planning with clean, real-time data.

• Event Settlement & Flash Reporting
  • Prepare pre-settlement estimates prior to each event (including programming and special events)
  • Manage event settlements the night of each event or within timelines, gathering revenue and expense details in real time
  • Ensure settlements are completed accurately and efficiently before the end of each event night and coordinate with promoter
  • Initiate and prepare wire transfers to artists, promoters, or other settlement parties in accordance with contract terms
  • Prepare post-event flash reports within 24 hours (or within timeline specified for event), summarizing performance against expectations
  • Record and reconcile revenue streams including ticketing, rent, F&B, merchandise, sponsorship, and other ancillary income
  • Capture and track discrepancies or deviations from budget, and flag issues for follow-up

• Pre-Event Budgeting & Forecasting
  • Collaborate with operations and booking teams to build detailed pre-event budgets
  • Maintain budget templates for various event types and ensure alignment with assumptions used in the annual budget process
  • Support the rolling forecast process with updated event P&Ls

• Variance Analysis & Profitability Review
  • Compare post-show/event actuals to pre-show/event budgets and annual budgets
  • Provide event contribution margin analysis and identify cost-saving or revenue-generating opportunities
  • Analyze historical data to inform pricing, budgeting, and vendor negotiations

• Month-End Close Support
  • Reconcile event-related accounts to the general ledger
  • Ensure all journal entries related to event settlements, accruals, and reclasses are accurately prepared and posted
  • Track and reconcile prepaid and deferred revenue accounts related to events and sponsor ships
  • 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 by venue or category including flash reports and actual to budget reports
  • Present clear financial summaries to operations and executive leadership as needed
  • Support ad hoc reporting and analysis requests related to events, bookings, and profitability

• 2-3 years in a general accounting function
• Proficient in financial systems (D365 FO preferred)
• Proficient in Excel
• Sports and…