Full-Time

Senior Accountant

Posted on 8/13/2024

Vivid Seats

Vivid Seats

501-1,000 employees

Online marketplace for live event tickets

No salary listed

Senior

Chicago, IL, USA

Hybrid working model allows for both in-person and remote collaboration.

Category
Financial Accounting
Management Accounting
Accounting
Required Skills
Data Analysis
Requirements
  • 3+ years of accounting experience, including month-end close participation and/or audit work
  • Comprehensive understanding of accounting principles; CPA or Masters in Accounting preferred
  • Excellent Microsoft Excel skills and experience with large amounts of data and advanced functions
  • Intrinsic desire to complete challenging tasks and take on new responsibilities
  • Ability to manage multiple responsibilities simultaneously
Responsibilities
  • Complete and review critical and complex reconciliations for monthly financial reporting.
  • Works directly with department leaders within Vivid Seats and leaders from external parties (auditors, vendors, etc.).
  • Oversees projects that require high degrees of planning and coordination with stakeholders across the company.
  • Mentors others and drives improvements throughout the department.

Vivid Seats is an online marketplace that connects buyers and sellers of tickets for live events, including sports, concerts, and theater. It operates in the secondary ticket market, allowing sellers to list tickets that have already been purchased, while buyers can browse and purchase these tickets through the website and mobile app. The company charges a service fee on each transaction and enhances user experience with features like electronic ticket transfers and customer support. Vivid Seats aims to provide a reliable platform for fans to access live events with guarantees for valid ticket delivery.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

2001

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased consumer interest in experiences boosts demand for live event tickets.
  • Partnerships with MGM Resorts and Circa offer exclusive travel-and-ticket packages.
  • Generational trends show younger consumers prioritizing spending on experiences.

What critics are saying

  • Increased competition from new entrants like TickPick threatens market share.
  • Economic pressures may reduce consumer discretionary spending on tickets.
  • Potential sale of Vivid Seats could lead to strategic instability.

What makes Vivid Seats unique

  • Vivid Seats partners with ESPN and The Rolling Stones for exclusive ticket offerings.
  • The company offers electronic ticket transfers, enhancing convenience and security for users.
  • Vivid Seats provides guarantees for valid tickets, ensuring trust and reliability in transactions.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Mental Health Support

Company Equity

Performance Bonus

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Business Wire
Feb 27th, 2025
MGM Resorts International Joins the College Basketball Crown as Official Partner

As part of the agreement, MGM Resorts will collaborate with Vivid Seats, the tournament's Official Ticketing Provider and JSX, its Official Air Carrier, to offer fans exclusive travel-and-ticket packages combining, stays at MGM Resorts destinations with premium seating and VIP experiences.

HR Tech Wire
Feb 26th, 2025
Circa Resort & Casino Joins the College Basketball Crown as a Founding Partner and Official Host Hotel of the College Basketball Crown Referees

Circa will also collaborate with Vivid Seats, the Official Ticketing Provider of the College Basketball Crown, to offer exclusive travel packages combining flights, accommodations, and VIP game and event tickets for fans seeking seamless and luxurious experiences.

Arkansas Online
Dec 31st, 2024
Petter reappointed to US soybean board

Vivid Seats Inc., the online ticketing marketplace that went public in 2021, is exploring a sale after receiving takeover interest, according to people with knowledge of the matter.

PYMNTS
Dec 30th, 2024
Vivid Seats Reportedly Eyeing Sale Of Online Ticketing Platform

Online ticketing marketplace Vivid Seats is reportedly exploring a sale after getting some takeover interest.The company, which competes with the likes of SeatGeek and StubHub, is working with an advisor to determine the interest of potential buyers, including private equity firms, Bloomberg News reported Monday (Dec. 30), citing sources familiar with the matter.PYMNTS has contacted Vivid Seats for comment but has not yet gotten a reply. A company spokesperson told Bloomberg that Vivid does not comment on speculation or rumors.Vivid went public in 2021 in a special purpose acquisition company (SPAC) merger that valued the firm at $1.95 billion.The company’s stock was up by as much as 20% Monday, the report added, after falling 40% over the last year.In May, the company reported a 20% increase in marketplace gross order value (GOV) with revenue increasing by 18%. However, investors expressed concerns about how consumers’ constrained discretionary spending would affect their ticket purchasing.“There’s going to be some skew towards affordability, but beyond that, … nothing we’ve seen suggesting at the broad level any weakening in consumer interests and attending these types of events,” CFO Lawrence Fey said at the time.Beyond that, the company said it was seeing generational trends toward spending more on experiences as younger consumers start making more purchases.“Frankly, as the demographics move into some of the newer generations who are coming into purchasing power, I think it’s clear that this is a category that they will remain prioritized on their spend,” Vivid Seats CEO Stan Chia said.PYMNTS Intelligence research has shown that the younger a consumer is, the more of their paycheck they’ll devote to recreation, leisure and entertainment activities.The April installment of the “New Reality Check: The Paycheck-to-Paycheck Report” series, “Why 60% of Gen Z’s Live Paycheck to Paycheck,” found that consumers in that age group expected to spend 10% of their personal income on these expenses in the month ahead, while millennials expected to spend 8%, Generation X 7%, and baby boomers and seniors 6%.The study also found that millennials and bridge millennials were the most likely of all age groups to mention paying for an upcoming event or show as a top financial priority

The Online Culture Channel
Sep 4th, 2024
Vivid Seats Announces Exclusive Multiyear Media Partnership with I Am Athlete

Vivid Seats and I Am Athlete to create custom content, and launch new live event focused show

INACTIVE