The Tour Accountant will work closely with the President Touring and VP Touring to assist with the budgeting, advancing and settlement process of our Club, Theatre, Arena and Stadium tours across Asia.
As part of the Asia Touring team, you will work closely with the Tour Directors, Promoters and local finance teams, ensuring all financial aspects relating to a tour are accurately provided and settled with Artist Management and Tour Accountants.
From budget planning, to preparation, execution and follow up, you will liaise with the artist management, agents and internal departments to oversee the successful delivery of the tour finances.
· Support the Asia Touring Team and local markets through building, reviewing, and updating tour budgets, reports and Settlements.
· Liaise with LN Production Rep and local finance to ensure production cost budgets are up to date and accurate, plus all quotes and final invoices are provided in a timely manner for settlement.
· Work closely with relevant Production and Tour Managers, Agents, Venues, Vendors where appropriate to ensure costs are being managed across a tour.
· Highlight and explain variances and reduce the financial uncertainty around each tour.
· Liaise with local finance teams to obtain settlements, review, and negotiate any points of issue, agree funds transfers.
· Facilitate artist deposit payments, interim payments, as required.
· Arrange cash float in advance for tours, through the local finance departments.
· Key contact on the ground during the tour, available to provide support and approval for request from the Tour/Agent.
· Prepare artists show settlements and fee reconciliations for settlement with Promoter, Agent or Artist tour accountant as required.
· Work closely with Promoter, Agent (or artist management) and tax agent to ensure Withholding Tax being calculated correctly.
· Provide artist or artist tax accountant with Tax Certificates as required.
· Ensure VIP has provided you with the settlement and fee reconciliations within the required deadlines.
· Ensure Marketing has provided you with the final spend and settlement pack within the required deadlines.
· Ensure the finance department has Tour settlements in a timely manner for month end reporting.
· Complete and manage the Tour Report and Final Tour Cross Settlement and Payment Summaries.
· Ensure all event related reports/summaries/invoices saved in tour folders.
· Save payment remittances & supporting documents in tour folder.
· Actively review settlement process to identify efficiencies / improvements.