Manager, Financial Planning & Analysis

This is a Full Time Job

Insomniac - Manager, Financial Planning & Analysis

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...

THE ROLE
The Manager, FP&A will be responsible for providing dedicated analytical support and 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 at our events and be present in-office at our Calabasas, CA location 2 days per week at minimum. This role reports to the Director, Festival Financial Planning & Analysis. This is not a fully remote position.

RESPONSIBILITIES
REPORTING
• Manage all aspects of project accounting, including budgeting, forecasting, actuals, and variance analysis as it relates to assigned events
• Review final settlement of events, including settlement of department costs, venue settlements, event labor, and other related parties and record estimates and actuals
• Collaborate with Manager, Revenue & Ancillaries, Production/Operations Departments, and other key stakeholders to complete annual budget and monthly and quarterly forecast packages
• Ensure timely and accurate plans, budgets, forecasts and settlements per the event schedule and corporate reporting needs
• Develop/utilize model that is less manual and more strategic through the adoption of various tools, including the EPM Jedox

PARTNERING/COLLABORATION
• Develop and maintain excellent working relationships with all festival production and finance teams through
• understanding of their purpose and objectives
• Produce event budgets and forecasts for festival production expenses, cash flow and variance analysis
• Facilitate/attend regular meetings with production and finance teams to review the status of budgets, forecasts, projects status, and settlements
• Make recommendations for improvement including revenue opportunities and any cost savings/ cost avoidance initiatives
• Partner with production teams to evaluate festival event requirements for planning, budgeting, and forecasting production revenue and expenses. Communicate significant financial impacts with the production/operations teams and management in a timely manner
• Partner with procurement to ensure vendor bids reflect the best pricing/service and spending is aligned with project budgets/forecasts'
• Provide guidance about the budget process, cycles, and procedures to ensure needs are met in a timely and customer-focused manner
• Partner with production teams to communicate any changes in scope and/or cost overruns
• Develop budget and forecast standards and best practice across all teams
• Responsible for on-going enhancements and training on the budgeting process and workshops
• Travel to events and perform on-site finance and accounting operations (as needed)
• Assist with special projects as assigned, including new initiatives implementation
• Recruit, train and onboard members on the team both directly and partnering teams
• Other special projects and tasks as assigned as needed
• Periodic frequent travel may be required (economy)

COMPLIANCE
• Audit all co-promoter settlements for events where Insomniac is the secondary co-promotion
• partner
• Ensure adherence to established corporate policies and procedure
• Review and apply appropriate accounting rules and procedures to recognize event costs
• 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
• Facilitate training and communication across internal and external partners

QUALIFICATIONS
• Bachelor's degree in Finance or Accounting required
• 4+ years of extensive relative financial experience: Live Events/Experiential finance experience strongly preferred, Entertainment Industry experience a plus
• Strong analytical skills and financial acumen including experience building financial models and reports working with data, managing forecasting, budgeting processes from start to finish
• 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 simultaneously in a fast-paced environment
• Periodic travel is required

WORK ENVIRONMENT
• Must be able to tolerate loud noise levels & busy environments
• May work in drastic temperature climates working on site at our events
• Must be willing to travel to work during evening, holiday and weekend hours, as required, to meet deadlines

Applicants for employment in the U.S. must possess work authorization, which does not require sponsorship by Insomniac for a visa.

EQUAL EMPLOYMENT OPPORTUNITY

Insomniac strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

HIRING PRACTICES

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Insomniac recruitment policies are designed to place the most highly qualified persons available in a timely and efficient manner. Insomniac may pursue all avenues available, including promotion from within, employee referrals, outside advertising, employment agencies, Internet recruiting, job fairs, college recruiting and search firms.

Hiring Salary Range: $90,000.00 - $110,000.00 USD

Please note that the compensation information provided is a good faith estimate for this position only and is provided pursuant to the California Salary Transparency in Job Advertisements Law. It is estimated based on what a successful California applicant might be paid. It assumes that the successful candidate will be in California or perform the position from California. Similar positions located outside of California will not necessarily receive the same compensation. Insomniac takes into consideration a candidate's education, training, and experience, as well as the position's work location, expected quality and quantity of work, required travel (if any), external market and internal value, including seniority and merit systems, and internal pay alignment when determining the salary level for potential new employees. In compliance with the California Law, a potential new employee's salary history will not be used in compensation decisions.

#LI-SN1

#LI-Onsite