Director of Consolidations

Bally's Chicago•Providence, RI

6h•$150,000 - $160,000

About The Position

This role directs the Company’s global consolidation process, overseeing senior accountants and analysts responsible for subsidiary and regional reporting. The position owns the preparation and review of consolidating financial statements, including balance sheets, income statements, and cash flows across all domestic and international subsidiaries and operating segments. Key responsibilities include reviewing and approving IFRS-to-U.S. GAAP adjustments, managing the consolidation adjustment process (eliminations, currency translation, equity roll-forwards), and ensuring journal entries and reconciliations adhere to accounting policies. The role also manages the intercompany accounting process and ensures the timeliness and accuracy of the monthly, quarterly, and annual consolidation close. Additionally, the Director prepares consolidated reporting packages with management commentary and variance analysis, oversees the preparation of financial statement support for SEC filings, and serves as a liaison with external auditors. The position partners with international finance teams for GAAP conversion packages, supports consolidation systems improvements, and collaborates with other finance/accounting teams on accounting changes related to consolidations. The role also assists with state and regulatory financial statements and statutory/compliance audits.

Requirements

Experience in global consolidation process
Experience with IFRS-to-U.S. GAAP consolidation adjustments
Experience with intercompany accounting
Experience with monthly, quarterly, and annual consolidation close
Experience preparing consolidated reporting packages
Experience with SEC filings (Forms 10-Q and 10-K)
Experience liaising with external auditors
Experience with consolidation systems

Nice To Haves

Experience with foreign currency translation matters
Experience with accounting changes related to acquisitions, divestitures, and entity restructurings
Experience with State and other regulatory financial statement requirements
Experience with annual statutory financial audits
Experience with periodic regulatory/compliance audits

Responsibilities

Direct the Company’s global consolidation process, including supervision of consolidations senior accountants/analysts responsible for subsidiary and regional reporting packages
Own the preparation and review of consolidating balance sheets, income statements, and statements of cash flows across all domestic and international subsidiaries and operating segments
Review and approve IFRS-to-U.S. GAAP consolidation adjustments and reconciling entries for foreign subsidiaries, including identification and documentation of key GAAP differences (e.g., revenue recognition, leases, financial instruments, deferred taxes)
Maintain and enhance the consolidation adjustment process, including elimination entries, intercompany eliminations, currency translation adjustments, and equity roll-forwards
Review and post journal entries and account reconciliations prepared by consolidations staff, ensuring adherence to proper accounting methods and policies across the organization’s entities
Manage the intercompany accounting process, including intercompany billing, netting/settlement, and elimination of intercompany balances and transactions upon consolidation
Ensure timeliness and accuracy of the monthly, quarterly, and annual consolidation close by establishing, communicating, and enforcing close calendars and deliverables with subsidiary and regional accounting teams
Prepare monthly consolidated reporting packages and management commentary on financial results, including variance analysis at the consolidated and segment level
Oversee preparation of quarterly consolidating financial statement and footnote support packages used in the Company’s external SEC filings (Forms 10-Q and 10-K)
Serve as a key liaison with external auditors on consolidation, intercompany, and foreign currency translation matters
Partner with international finance teams to ensure local-GAAP-to-U.S.-GAAP/IFRS conversion packages are complete, accurate, and submitted timely for consolidation
Support the maintenance and continuous improvement of consolidation systems and chart of accounts structure to ensure scalability across a growing global entity structure
Partner with other finance/accounting team members to action accounting changes related to consolidation matters, including scope changes, acquisitions, divestitures, and entity restructurings
Assist in the the preparation of certain State and other regulatory financial statement requirements
Assist in the annual statutory financial audits and, as needed, on periodic regulatory/compliance audits