Insomniac - Manager, Financial Planning & Analysis

Job Summary:

WHO ARE YOU?

Do you enjoy dance music? Are you passionate about the finance and budgeting space? Then you’re in luck! We are looking for a highly motivated self-starter who embodies both a passion for dance culture and a strong analytical background.  Sounds like you?  Then keep reading…

WHO ARE WE?

Insomniac produces some of the most innovative, immersive music festivals and events in the world. Enhanced by state-of-the-art lighting, pyrotechnics and sound design, large-scale art installations, theatrical performers and next generation special effects, our events captivate the senses and inspire a unique level of fan interaction.  The quality of the Headliner experience is our top priority.

Insomniac produces 10,000 concerts, club nights and festivals for seven million attendees annually across the globe.  Since it’s inception, Insomniac events have taken place in 13 countries across five continents.  The company’s premiere event, Electric Daisy Carnival Las Vegas, is the world’s largest dance music festival and attracts more than 525,000 fans over three days.  The company was founded by Pasquale Rotella and has been based in Los Angeles since it was formed in 1993.

THE ROLE

The Manager, FP&A will be responsible for providing dedicated analytical support and will be responsible for providing both high level and detailed analysis of departmental operational and financial performance.  This is not a fully remote position and will require you to travel periodically to be onsite for our events working directly with producers. This is a hybrid position.

REPORTING

• Manage all aspects of project accounting, including budgeting, forecasting, actuals, and variance analysis as it relates to assigned events

• Prepare final settlements of events, including settlement of department costs, venue settlements, event labor and record estimates and actuals

• Collaborate with Finance Director to complete annual budget and monthly and quarterly forecast packages

• Perform ad-hoc analysis to improve broader forecast accuracy

COMPLIANCE

• Audit all co-promoter and venue settlements for inclusion in overall event settlement

• Help drive timely collection of revenue receipts and cost reimbursements

• Ensure adherence to established corporate policies and procedures

• Maintain adequate support for all project transactions and provide audit backup as needed

• Review and approve invoices to ensure accuracy, proper project coding and allocations

• Apply appropriate accounting policies and procedures and facilitate training and communication across internal and external partners

• Ensure accounting system (Oracle) and event-budgeting systems are reconciled and explains variances

PARTNERING/COLLABORATION

• Facilitate regular meetings with management and production/operations staff to review project status

• Partner with production/operations teams on a day-to-day basis to drive accurate, complete and timely cost reporting, protecting and managing show assets and supporting a successful event

• Communicate project overruns with the production/operations teams and management in a timely manner

• Partner with procurement, marketing and production/operations teams to improve contribution margins

• Support in recruiting, onboarding, and training various team members

• Assist with special projects as assigned, including new initiatives implementation

QUALIFICATIONS

• Bachelor’s degree in Finance or Accounting required

• 7+ years of related financial experience.  Entertainment industry preferred

• Strong analytical skills and financial acumen including experience building financial models and reports, working with data, managing forecasting and budgeting processes

• Experience in monthly, quarterly, and annual close processes within a large public company

• Professional demeanor and very strong communication skills

• Advanced technical skills, including Excel and ERP systems such as Oracle, SAP and add on reporting software

• Exhibit exceptional critical-thinking and problem-solving ability

• Possess excellent organizational, communication, and analytical skills with the ability to prioritize and handle multiple tasks simultaneou