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Grand Sierra Resort And Casino

CFO - Chief Financial Officer

Grand Sierra Resort And Casino, Reno, Nevada, United States, 89506

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Position Summary

Apply now, read the job details by scrolling down Double check you have the necessary skills before sending an application. Position Summary

The Chief Financial Officer has primary responsibility for the Finance and Accounting functions of the organization including hospitality, gaming and others. The focus of this position is to establish and maintain strong accounting and financial reporting, internal processes, internal controls and auditing, asset management, pricing & financial analysis, and planning and budgeting. This includes supporting the General Manager in operating the business and interfacing with other departmental and operations personnel in order to enhance overall company objectives and profits. Performance of all functions must be in accordance with GAAP, gaming regulations, sound internal control standards, the guidelines of GSR's policies and procedures, and applicable laws.

Essential Functions and Responsibilities

Directs and oversees the internal Accounting processes and systems, ensuring that financial reporting is accurate, in accordance with GAAP, and timely. This includes detailed reporting for internal purposes and monthly top-level financial statements to Corporate.

Develops and maintains strong internal controls to safeguard the assets of the organization and to ensure proper segregation of duties and detection of fraud, and compliance with all Title 31 and Gaming Board regulations.

Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, long-range forecasting, and insurance activities for the organization.

Serves as Chairman of the Corporate Compliance Committee and ensures all timely filings with the Nevada Gaming Control Board.

Works with the General Manager on the strategic vision, including fostering stakeholder relationships as well as assisting in the development and negotiation of contracts.

Leads the FP&A team to ensure timely production of useful data to be used by management in running the facility.

Directs accurate recording of capital expenditures and all fixed assets including proper componentization of expenditures.

Directs the controllers in maintaining proper records and maintaining adequate accounting controls and services.

Directs treasury activities to ensure proper processing, utilization and protection of financial assets.

Your Daily responsibilities include

Responsible for the development, maintenance, and documentation of the Accounting System of Internal Control.

Plans, coordinates, and executes an efficient accounting and financial reporting system which provides data, as directed by the Parent Company for purposes of internal and external Financial Reporting as required by, among other Regulatory Bodies, the Nevada Gaming Control Board, and the Internal Revenue Service.

Responsible for all regulatory compliance related to Accounting System of Internal Controls as required by, among other agencies and governing bodies.

Creates and maintains a periodic, quality internal reporting process to be used by Company Management for purposes of analyzing results of operations and making business and operating decisions about the direction of the Company.

Brings plans for operating efficiency to the attention of Management and assists in implementation of developed processes.

Responsible for the annual Company Budget and Capital Plan, inclusive of planning, executing and reporting on the variances from actual operating results.

Responsible for developing and maintaining a qualified staff that has the capabilities of executing the required actions necessary for complying with all Financial Reporting and Accounting Internal Controls.

Continuously maintain knowledge and understanding of rules and regulations as promulgated by, among other governing bodies, Generally Accepted Accounting Principles, the Nevada Gaming Control Board, the Internal Revenue Service, and the Department of Revenue for the state jurisdiction.

Supervise five direct reports while maintaining the system of Accounting and Internal Controls for the purposes of safeguarding the assets of the Company. This position will oversee General Accounting, Casino Accounting, Purchasing, Warehouse, Budget and Analysis.

Experience & Education

At least 10 years of related experience with more than 5 years of progressive, experience as a senior financial leader / executive is required.

A bachelor's degree in Accounting, Finance or related major is required and a M.B.A. in finance and CPA license are preferred.

Competencies

An experienced, confident and tested leader with strong operational skills and a focus on continued growth.

Proven technical skills and well versed in all current accounting practices. SAP experience is a must.

Ability to use Accounting software, Database software, Inventory software, Order Processing systems, Project Management software, spreadsheets and word processing.

Strategically agile, i.e. can anticipate future consequences and trends accurately while staying connected to daily operations.

Interpersonal skills including the ability to motivate, negotiate, and persuade stakeholders into a course of action.

Excellent communication skills (verbal and written) and the ability to effectively relay information and ideas in multiple forums, in front of large and small groups of people.

Personal accountability, respect for others, and a display of honesty and integrity at all times.

Ability to consistently make decisions with an awareness of how those decisions impact the overall organization, from an operational, cultural and standpoint, in both the short and long term.

Capacity to manage multiple projects simultaneously while clearly specifying objectives and realistic time frames.

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