VP Finance

Resorts World Las VegasNew York, NY
$206,000 - $228,000

About The Position

The Vice President Finance is responsible for all financial and fiscal management aspects of gaming operations; and day-to-day responsibility for planning, implementing, managing and controlling all financial related activities of the property. This will include direct responsibility for financial accounting, casino accounting, revenue audit, procurement, and warehouse management. The Vice President Finance ensures all activities performed within the reporting departments are in accordance with the company’s strategic business objectives, budget guidelines, mission statement, and service standards. All duties are to be performed in accordance with federal, state, and local laws, regulations and ordinances, as well as departmental and property policies, practices, and procedures. License Level: This is a key level position and requires a key license. This position has the ability to make discretionary decisions that impact gaming operations.

Requirements

  • Must be at least 18 years old and have the ability to obtain the appropriate license pursuant to the applicable statute, rules and regulations.
  • Bachelor’s Degree in related field AND three (3) years’ experience in a Director level position.
  • OR Seven (7) years’ experience in a Director level position.
  • OR Five (5) years’ experience in a Management position within any Resorts World Property.
  • Ten (10) years’ related finance operations work experience required.
  • Five (5) years’ gaming experience required.
  • Active licensure as a CPA preferred with knowledge of generally accepted Accounting principles and gaming regulatory standards and requirements.
  • Proficient in Microsoft applications (Excel, Word, PowerPoint).
  • Ability to read, analyze, and interpret business periodicals, technical procedures, governmental regulations, financial reports and legal documents.
  • Excellent verbal and written communication skills, with the ability to write reports, business correspondence and procedure manuals with the ability to make effective and persuasive speeches and presentations on controversial or complex topics to internal and external audiences.
  • Demonstrated ability to see the big picture and relate business strategies and resources to the Resorts World’s mission and strategic plan.
  • Utilizing best practices and continuous improvement processes, including a demonstrated understanding of the needs of the property.
  • Ability to read, analyze, and interpret documents, such as policy and procedure manuals, maintenance instructions, and other related documents.
  • Ability to respond to common inquiries from other employees or guests.
  • Fluency in English required, second language a plus.
  • Ability to write detailed instructions and correspondence.
  • Ability to effectively present information in one-on-one and group situations.
  • Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimal, and work with mathematical such as probability and inference.
  • Ability to create, read and analyze spread sheets of statistical data.
  • Ability to decipher various reports and maintains reports upon request.
  • Essential responsibilities include moderate physical ability such as lift or maneuver at least twenty-five (25) pounds, and varied instances of standing/walking.

Nice To Haves

  • Active licensure as a CPA preferred with knowledge of generally accepted Accounting principles and gaming regulatory standards and requirements.
  • Fluency in English required, second language a plus.

Responsibilities

  • Direct all financial and fiscal management activities.
  • This includes providing leadership and coordination in administrative, business planning, accounting and budgeting efforts.
  • Establishes, or recommends to management, major corporate economic strategies, objectives, and policies.
  • Prepares reports which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
  • Direct preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justification.
  • Advise management about insurance coverage for protection against property losses and potential liabilities.
  • Provide management with timely reviews of organization’s financial status and progress in its various programs and activities and recommends modifications as required.
  • Oversee Procurement department, implement all procurement policies and procedures for the property.
  • Design, establish, and maintain an organizational structure to effectively accomplish the departments goals and objectives.
  • Perform account analysis on general ledger accounts to ensure accuracy and integrity of financial statements.
  • Develop performance measures that support the company's strategic direction.
  • Monitor and analyze monthly operating results against budget.
  • Maintain property internal controls.
  • Maintain compliance with all applicable statutes and regulations.
  • Responsible for compliance with the Bank Secrecy Act and US Patriot Act and oversight of property AML Policy.
  • Oversee all day to day warehouse operations and properties inventories.
  • Work with internal and external auditors on audit requests as needed.
  • Assist with compliance with all required federal, state, local, payroll, property and other applicable taxes.
  • Participate in contract negotiations and considers and advises on financing options, favorable terms and contractual risks.
  • Develop and support marketing strategies and provides directions on terms and pricing strategies to support the business unit’s objectives.
  • Promote positive public and team member relations.
  • Perform other duties as assigned.

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What This Job Offers

Job Type

Full-time

Career Level

Executive

Number of Employees

1,001-5,000 employees

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