Revenue Audit Lead

ABOUT COLONIAL DOWNS GROUP

Colonial Downs Group (CDG) is owned and operated by Churchill Downs Incorporated and consists of several different brands across Virginia: Colonial Downs Racetrack, Rosie’s Gaming Emporium, Rosie’s Game Room, and Virginia Horseplay. CDG is an inclusive and fun place to work. We celebrate unique approaches and points of view. We believe diversity is a mindset that drives excellence. We’re always learning, evolving, and growing. We innovate through mutual respect of ideas and collaboration. This allows us to build a common language that inspires our team members and propels us toward the achievement of our vision.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Assists in the oversight of the daily audit of revenue that consists of but not limited to gaming operations, mutuels, player services, complimentary services/items, and food & beverage.
• Performs audits of all gaming and non-gaming areas of operations according to established procedures as well as related reports.
• Issues exception reports for violations of company policies and procedures, Virginia Racing Commission regulations and Federal and State laws.
• Assists with the planning and implementing of an audit schedule to provide sufficient coverage of all operations.
• Measures, analyzes, evaluates and reports on the adequacy of compliance with internal controls.
• Communicates with company personnel and other departments to ensure documentation is correct and complete.
• Works with Finance Department to identify potential discrepancies and determine operational and control weaknesses to recommend solutions.
• Collects, verifies and reconciles revenue figures using paperwork and reports with accuracy and attention to detail.
• Reviews all audit checklists and exception reports for compliance and timely response.
• Follow procedures and directions, including job safety rules and regulations as well as compliance with state gaming regulations and company policies.
• Communicates with team members, department supervisors, and management to address issues.
• Performs other duties as assigned.

REQUIRED SKILLS AND ABILITIES

• Basic leadership skills.
• Ability to read, write, and comprehend simple instructions, short correspondence, and memos.
• Ability to analyze financial data and prepare financial reports, statements, and projections.
• Knowledge of short- and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
• Knowledge of finance, accounting, general ledger, payroll, fixed assets, and financial analysis functions as well as gaming regulations.
• Knowledge of Microsoft applications and various accounting software programs.

EDUCATION AND EXPERIENCE

• Associate’s degree in accounting, Finance, or related field preferred.
• 2 years of experience in accounting or revenue auditing.
• 3 years of related finance experience in the gaming and hospitality industry preferred.
• A combination of education and experience may be considered.
• Must obtain and maintain valid Virginia Racing Commission License.
• Valid Driver’s License.

PHYSICAL REQUIREMENTS & WORKING CONDITIONS

• The Team Member will be required to sit for extended periods of time.
• While performing the duties of this job, the Team Member may also be required to stand; walk; use hands to finger reach, handle, or feel objects, tools, or controls; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; and talk or hear.
• The Team Member may be asked to occasionally lift up to 50 lbs.
• The Team Member may be required to work nights, weekends, and holidays.
• The noise level in the work environment is moderate.
• The Team Member may be exposed to smoke when on the floor of the gaming room.

The physical demands described here are representative of those that must be met by an Team Member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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