Auditor 1/2/3

State of Louisiana•Baton Rouge, LA

14h•Onsite

About The Position

The Gaming Enforcement Division is committed to the strict regulation and control of statutorily authorized gaming entities in conjunction with the Louisiana Gaming Control Board (LGCB). The regulation of gaming and the enforcement of criminal gambling laws promote the public's health, safety, and welfare by safeguarding the people of this state against corrupt and dishonest practices. The program also provides professional services in an effective, innovative, and fair manner that instills public confidence while fulfilling duties that ensure accurate revenue collection and reporting from licensees, protect the state's assets, and ensure the integrity of all gaming devices and systems by enforcing compliance with all state laws, regulations, and licensees' internal controls related to legally authorized gaming in Louisiana. The Gaming Audit Section oversees and regulates riverboat casinos, the land-based casino in New Orleans, slots at the horse racetracks, sports wagering operators/providers and video poker locations throughout Louisiana. It also enforces laws, rules, and regulations under the Gaming Statutes found in L.R.S. Title 27. The Corporate Securities Section is within the Gaming Audit Section and is responsible for conducting financial suitability investigations on applicants for licensure, as well as monitor the financial stability of licensees and parent companies on an ongoing basis.

Requirements

Three years of experience in accounting or auditing; OR Six years of full-time experience in any field plus twenty-four semester hours in one or a combination of the following: accounting, auditing, business, finance, management, economics, quantitative methods, or information systems; OR A bachelor’s degree with twenty-four semester hours in one or a combination of the following: accounting, auditing, business, finance, management, economics, quantitative methods, or information systems; OR A bachelor’s degree in accounting, auditing, finance, business administration, management, economics, information systems, quantitative methods, or statistics; OR A bachelor’s degree plus a Certified Information Systems Auditor (CISA) or Certified Government Audit Professional (CGAP) designation; OR An advanced degree in accounting, auditing, finance, business administration, management, economics, information systems, quantitative methods, or statistics; OR A Certified Public Accountant (CPA) license, Certified Fraud Examiner (CFE), or Certified Internal Auditor (CIA) designation.
Every 30 semester hours earned from an accredited college or university will be credited as one year of experience towards the six years of full-time work experience in any field. The maximum substitution allowed is 120 semester hours which substitutes for a maximum of four years of experience in any field.

Responsibilities

Coordinates scattered data and interrelated questions of fact and accounting matters such as reorganization, mergers, or other similar business activities typically engaged in by large and publicly traded companies.
Interprets financial statements, along with support schedules, exhibits and other attachments, looking for unusual or questionable statements or representations, and carefully reviews notes to financial statements to become aware of relevant disclosures, contingencies and related party transactions; assesses the reasonableness of pro forma statements and projections based on historical data.
Advises the Louisiana Gaming Control Board of entities’ assessed ability to meet short and long-term debt obligations.
Conducts financial investigations including procedures performed in auditing to detect fraud and determining causal basis for bankruptcies.
Writes clear, comprehensive reports of findings and determinations, which will be the basis for Board approval or denial on issues of considerable importance and/or complexity.
Review reports on personal financial statements, multiple level corporations, public and private corporations, partnerships, limited liability companies, and sole proprietorships.
Testifies in open hearings to present opinions, recommendations and conclusions to the Gaming Control Board, bringing significant issues to the Board’s attention so they may have germane information as a basis for formulating decisions.
Prepares and uses financial forecasts and historical data to monitor financial and operating results of licensees and parent companies.
Aggregates documentation necessary to facilitate the performance of analytical and other procedures on financial information and related matter to assess proposed mergers, transfers of interest, and loans or lines of credit, restructuring of debt, as well as any amendments to prior agreements.
Reads legal documents and financial statements to assess the financial impact of proposed mergers, transfers of interest, restructuring of debt and loans or lines of credit.
Extrapolates this information for presentation to the Louisiana Gaming Control Board.