Senior Manager, Lease Accounting Transaction

Job Summary:

WHO ARE WE?

Live Nation Entertainment is the world’s leading live entertainment company, comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. Ticketmaster is the global leader in event ticketing with over 620 million tickets sold annually and approximately 10,000 clients worldwide.  Live Nation Concerts is the largest provider of live entertainment in the world promoting more than 50,000 events annually for nearly 7,000 artists in 40+ countries. These businesses allow Live Nation Media & Sponsorship to create strategic music marketing programs that connect more than 1,200 sponsors with the 145 million fans that attend Live Nation Entertainment events each year. For additional information, visit www.livenationentertainment.com.

WHO ARE YOU?

Passionate and motivated. Driven, with an entrepreneurial spirit. Resourceful, innovative, forward thinking and committed. At Live Nation Entertainment, our people embrace these qualities, so if this sounds like you then please read on! 

THE ROLE

We are seeking a highly skilled and experienced Senior Manager, Lease Accounting Transaction to oversee the accounting assessment and compliance for leases, particularly focus on those involving construction.

The ideal candidate will have a deep understanding of lease accounting standards of US GAAP ASC 842, exceptional analytical skills, and the ability to manage complex lease agreements with construction components. This role will play a critical part in ensuring accurate financial reporting, compliance, and process optimization within the organization. The successful candidate will collaborate cross-functionally to enhance lease accounting practices and support strategic decision-making

WHAT THIS ROLE WILL DO

• Partner with project managers, legal teams, acquisition team, and external stakeholders to assess the financial impact of complex lease agreements, including construction-related leases.
• Collaborate with legal, operations, local accounting teams, and the lease accounting team to ensure alignment on lease-related matters.
• Monitor and report on lease-related construction projects, ensuring proper capitalization and financial reporting.
• Oversee the accounting treatment for leases involving construction, including build-to-suit arrangements, sale-leasebacks, and leasehold improvements.
• Coordinate with both the local accounting teams and the corporate lease accounting team to provide guidance, ensuring the accurate recording of lease liabilities, right-of-use (ROU) assets, and related expenses for complex lease agreements.
• Interpret and apply complex accounting guidance to unique lease scenarios, ensuring compliance with ASC 842 and other relevant standards.
• Develop and maintain comprehensive documentation of lease accounting assessments, producing detailed reports and memos for senior leadership and auditors.
• Provide strategic guidance to senior leadership on the financial implications of lease agreements and construction projects.
• Stay current on U.S. GAAP updates and other relevant accounting standards related to leases and other transactions as requested by management.
• Support internal and external audits by providing lease accounting documentation and detailed explanations.
• Execute effective internal control procedures and maintain compliance with SOX (Sarbanes-Oxley) requirements.

WHAT THIS PERSON WILL BRING

• Bachelor’s Degree in Accounting required.
• CPA certification required.
• Minimum of 7 years of progressive experience in accounting, with at least 3+ years focused on lease accounting under US GAAP (ASC 842). 
• Proven experience managing lease accounting for construction-related projects, including build-to-suit arrangements. 
• Strong knowledge of financial reporting and internal controls.  Oracle, BPC and Equity Edge experience a plus.
• Ability to research accounting literature and reach conclusions.
• Strong written and verbal communication skills.
• Strong analytical skills.
• Detail and multi-task oriented.
• Strong organization skills.
• Team oriented.
• Self-motivated, shows initiative

BENEFITS & PERKS

Our motto is ‘Taking Care of Our Own’ through 6 pillars of benefits:

• HEALTH: Medical, vision, dental and mental health benefits for you and your family, with access to a health care concierge, and Flexible or Health Savings Accounts (FSA or HSA)
• YOURSELF: Free concert tickets, generous paid time off including paid holidays, sick time, an