Staff Accountant (L.A. LIVE)

AEG has played a pivotal role in transforming sports and live entertainment for over 20 years, hosting more than 160 million guests annually and presenting over 22,000 events worldwide. L.A. LIVE, located in downtown Los Angeles, is a global destination for sports, music, dining, and live entertainment, owned and operated by AEG. This role supports the dynamic environment of L.A. LIVE and other AEG-owned entities, contributing to seamless experiences for guests and the community.

About the role

The Staff Accountant will perform professional-level accounting work for the LA LIVE Entertainment District, the JW Marriott/Ritz Carlton at LA LIVE, Global Partnerships, and other AEG-owned real estate entities. This position requires a solid understanding of basic accounting principles to manage accounts payable, month-end closing procedures, general ledger maintenance, financial analysis, and reconciliations. The role involves applying accounting knowledge to ensure proper coding, recording cost allocations, intercompany transactions, and other journal entries, as well as performing ad-hoc analyses and creating reports for management.

Responsibilities

• Manage the end-to-end invoice-to-payment workflow in Perceptive, including General Ledger coding, routing invoices for business unit approval, and proactively following up with department leaders to ensure timely and accurate processing.
• Prepare and execute weekly payment runs (ACH & checks) by generating system batches, securing appropriate approvals, and ensuring payments are accurate, timely, and compliant with internal controls.
• Prepare and record various journal entries, including accruals, prepaids, and adjusting entries in accordance with Generally Accepted Accounting Principles (GAAP). Update month-end supporting schedules related to these accounts.
• Perform and complete the clearing of intercompany suspense accounts and month-end close accounting tasks for assigned entities in accordance with corporate deadlines.
• Leverage advanced Microsoft Excel functions and formulas, including PivotTables, to summarize, analyze, and format large data sets for accurate reporting and reconciliation purposes.
• Complete and finalize reclassification and coding of journal entries and expenses, verifying proper allocation across various departments and business units.
• Perform monthly balance sheet, AP Aging reports, Marketing Fund Trackers, and other account reconciliations, identifying and resolving discrepancies in a timely manner.
• Prepare and reconcile quarterly intercompany paydown settlements, validating accuracy of balances and associated charges.
• Review flash reports and analyze variances to ensure all accruals are accurately captured and recorded.
• Review and process employee expense reports submitted through Concur, ensuring accurate GL coding, compliance with company expense policies, and appropriate supporting documentation prior to reimbursement or payment.
• Serve as primary contact for external and internal inquiries, including new vendor setup, confirmation of vendor records, payment status updates, resolution of discrepancies, and other cash expenditure-related matters.
• Prepare and compile audit support, including AP Aging, GL Detail, and supporting schedules, to ensure timely completion of annual financial audits.
• Analyze and recommend process improvement initiatives within assigned areas of responsibility to streamline accounts payable and accounting processes.
• Provide support with special projects as assigned by management.

Requirements

• BA/BS Degree (4-year) in Finance, Accounting, or Business Administration.
• 1-2 years of related work experience.
• Experience working in a high-paced, results-oriented team environment.
• Proficient with Microsoft Office Suite (Excel, Outlook, Word); ability to learn required business systems.
• Strong communication skills, both verbal and written, with the ability to respond promptly to inquiries from internal/external stakeholders and vendors.
• Ability to access and accurately input information using moderately complex computer systems (e.g., Perceptive & JD Edwards, Oracle).
• Knowledge of basic accounting principles (e.g., debits, credits, chart of accounts, and GL coding).
• Familiarity with the budgeting process and expense coding.
• Ability to multitask and execute multiple projects and assignments with high attention to detail.

Pay

$71,020 - $82,000

Benefits

• Medical, dental, and vision insurance.
• Paid holidays, vacation, and sick time.
• Company-paid basic life insurance and voluntary life insurance options.
• Parental leave.
• 401k Plan with a current employer match of 3%.
• Flexible spending and health savings account options.
• Wellness offerings.

This position is eligible for a bonus under the current bonus plan requirements.