The Staff Accountant, reporting to the Accounting Manager is responsible for analyzing and reporting on critical accounting areas that are key to the Organization. The positions require working autonomously, collaboratively, and cross functionally. Key areas of responsibilities include donor contributions, event revenues and related expenses.
Complete monthly, quarterly and year- end financial activities including journal entries, accruals, balance sheet reconciliations and analysis with a high degree of integrity, ensuring timeliness, accuracy, and compliance with GAAP.
Preparing monthly contribution journal entries related to pledges reported from the Tessitura system.
Recording non-ticketing revenue for all LA Phil events for various vendues (Walt Disney Concert Hall, Ford, and the Hollywood Bowl) to include cushion rentals, program sales, and parking.
Recording food commission from venue concessionaires.
Updating prepaid expenses monthly and amortizing amounts based on event date.
Preparing journal entries related to long-term debt.
Coordinate with other departments for creating invoices, recording payments, and maintaining the AR ledger.
Recording of gains and losses on the sales of securities, as well as dividend and interest income.
Recording recurring revenue and expense journals.
Accounting for merchandise royalties.
Coordinate with the Retail department to record revenues from sales, and COGS for online and stores fronts.
Cash analysis and recording the related journal entries.
Provided analysis and related schedules for month and quarter end reporting.
Coordinate with the Philanthropy department to resolve questions and discrepancies.
Monitor daily incoming cash and securities accounts.
Coordinate sales and use tax, parking, and environmental tax with the State of California.
Review and manage intercompany transactions, including transfers to settle.
Coordinate legal and loan revolver payments.
Manage instrument loan balances.
Assist with the annual audit, including preparation of supporting schedules.
Assist with special projects and ad hoc analysis to meet the needs of LA Phil management, donors, and Board of Directors.
Analyze existing processes and identify opportunities for improvement.
Bachelor’s degree in Accounting, Finance, or similar.
0-5 years’ experience in accounting or finance function.
Experience in not-for-profit industry a plus.
Computer proficiency required (Microsoft Excel, Word, Outlook).
Experience using Great Plains a plus.
Must be extremely detail oriented with high accuracy and productivity.
Must be highly responsive with strong verbal and written communication skills.
Ability to manage competing and sometimes shifting priorities in a deadline-oriented environment.
Ability to work independently as well as in a team environment.
Positive, energetic attitude toward work and the organization, as well as a spirit of cooperation and respect for co-workers. Dedication and commitment to engage in and promote diversity, equity, and inclusion within the staff, vendors, and within interactions with the surrounding community is a must.
Dedication and commitment to engage in and promote diversity, equity, and inclusion within the staff, vendors, and within interactions with the surrounding community is a must
Secondary language fluency is a plus
COVID Workplace Safety Requirements
This position will require you to interact with employees, patrons, vendors and others who may or may not be vaccinated or recently tested. You will be required to wear personal protection equipment (PPE) required by the LA County Department of Public Health protocols and the LA Phil. You agree to comply at all times with the LA Phil’s COVID-19 Prevention Plan, including testing and vaccination requirements.
Founded in 1919, the Los Angeles Philharmonic Association presents, and promotes the performing arts in its varied forms at the highest level of excellence to a diverse and large audience, at Walt Disney Concert Hall, the Hollywood Bowl, and The Ford.