What are the responsibilities and job description for the FP&A Manager position at BetMGM?
About Us
We are BetMGM. We are revolutionizing sports betting and online gaming in the United States. We are a partnership between two powerhouse organizations—MGM Resorts International and Entain Group. You know our name through our exciting portfolio of brands including BetMGM Sportsbook, Borgata online, Party Casino and Party Poker. We aim to bring our ideas into action and find ways to deliver the best quality in gaming platforms.
We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our goals as a company. We strive to create a culture of empathy where our employees feel valued, heard, and comfortable bringing their authentic selves to work. We want to build a product and a workplace that reflect the communities we serve so we approach our work fearlessly, take responsibility when we get it wrong, and ante-up again. We play to win, and we are all-in together.
We were recognized as one of Glassdoor’s “Best Places to Work”.
About The Role
The Financial Planning & Analysis (FP&A) function is responsible for owning and managing the company’s financial forecasting planning process as well as partnering with business stakeholders to enable and drive financially informed decision making.
As a motivated and experienced Manager on the team, you should possess strong analytical skills and attention to detail. You will have the exciting opportunity to grow and develop as a finance professional through various responsibilities including forecast modeling, forecasting, and budgeting, financial analysis, management reporting, and understanding the accounting and financial nuances of sports betting and online gambling.
Responsibilities
Financial Modeling
Gaming Compliance & Licensing Requirements
As an online gaming company, BetMGM is required to comply with state gaming regulations which includes licensing obligations. Applicable employees must be licensed by at least one jurisdictional agency, although certain positions require licensing by multiple agencies. Failure to become licensed or maintain licensure with each agency as required for the role may result in termination of employment. Please note that the licensing process includes comprehensive background checks which may include a review of criminal records, financial history, and personal background verification.
In addition, candidates must comply with and support the company's responsible gambling policies, procedures and initiatives.
About Our Culture
Building BetMGM from the ground up takes effort, energy, and teamwork, but that’s what will make leading this industry all the more satisfying. We stay focused on our main goal with the help of these four company pillars:
Believe in Your Game – Take your shot! There’s a freedom to explore ideas usually only start-ups are lucky enough to experience.
Backed by the Best - With our expertise—merged with that of our world-class investors—we have the opportunity to take this business, and ourselves, farther than anyone has ever imagined.
Do What’s Right - We operate with clarity and simplicity, always doing the right thing by our customers and each other, standing shoulder to shoulder every day.
Hustle Hard - Our combined commitment and ambition is what drives us to create some of the most innovative products in the industry.
What We Offer
As a valued employee, we’re committed to giving you the resources and support you need. We offer Medical, Dental, Vision, Life Insurance, Commuter Benefits, Paid Time Off, Holidays, Employee Resource Groups and more!
Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. The position is also eligible for an annual bonus.
BetMGM LLC is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified individuals, regardless of race, religion, gender, gender identity, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. As an organization, we are unwavering in our commitment to maintaining a discrimination-free work environment, and fostering a culture of inclusivity, belonging and equal opportunity for all employees and applicants.
We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our company goals. So, we are committed to an inclusive culture for all and empowering our employees to thrive in meaningful careers. At BetMGM, we play to win, and we are “all in” together. If your experience looks a little different from what we’ve identified and you think you’ve got what it takes, we’d love to learn more about you.
If you need assistance or accommodation with your application due to a disability, you may contact us at recruitment@betmgm.com.
This job description is not an exclusive or exhaustive list of duties a person in this position may be asked to perform from time to time.
We are BetMGM. We are revolutionizing sports betting and online gaming in the United States. We are a partnership between two powerhouse organizations—MGM Resorts International and Entain Group. You know our name through our exciting portfolio of brands including BetMGM Sportsbook, Borgata online, Party Casino and Party Poker. We aim to bring our ideas into action and find ways to deliver the best quality in gaming platforms.
We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our goals as a company. We strive to create a culture of empathy where our employees feel valued, heard, and comfortable bringing their authentic selves to work. We want to build a product and a workplace that reflect the communities we serve so we approach our work fearlessly, take responsibility when we get it wrong, and ante-up again. We play to win, and we are all-in together.
We were recognized as one of Glassdoor’s “Best Places to Work”.
About The Role
The Financial Planning & Analysis (FP&A) function is responsible for owning and managing the company’s financial forecasting planning process as well as partnering with business stakeholders to enable and drive financially informed decision making.
As a motivated and experienced Manager on the team, you should possess strong analytical skills and attention to detail. You will have the exciting opportunity to grow and develop as a finance professional through various responsibilities including forecast modeling, forecasting, and budgeting, financial analysis, management reporting, and understanding the accounting and financial nuances of sports betting and online gambling.
Responsibilities
Financial Modeling
- Design, build, and maintain clear and dynamic 3-statement financial operating models to support the forecasting of the business and other reporting needs
- Ad hoc financial modeling to help to understand long and short-term financial impacts of strategic business decisions
- Support monthly financials/dashboard review on budget vs actual and MoM variance reports; explain key financial variances to functional leaders and offer actionable insights and perspectives
- Monitor specific P&L and balance sheet line items, research and provide insights to variances
- Develop and track key business metrics; provide insightful recommendations to key constituents on necessary actions to achieve budgeted targets and strategic goals.
- Create presentations and dashboards to provide senior finance leadership and executive teams with actionable insights
- Prepare, review, analyze and interpret all financial reports for review with management.
- Provide internal and external reporting needs on an ongoing and ad hoc basis
- Incorporate FP&A best practices to continuously improve processes
- Improve forecasting and budgeting processes and harness reporting systems to craft insightful financial reports directed at a senior audience
- Optimize existing projects to improve efficiency and improvements to ways of working and embrace a mindset of continuous improvement
- Bachelor’s Degree in Accounting, Finance or Quantitative focus required
- 2 years of experience in an analyst role, preferably in professional services (investment banking, private equity) or startup (FP&A)
- Strong analytic skills with ability to summarize results or findings
- Demonstrated proficiency with financial modeling and Excel skillset, with the ability to build 3-statement financial models with detailed revenue and cost buildups
- Ability to work through ambiguity and complex datasets
- Experience with understanding complex process flows and driving process improvements
- Exposure to one or more major SaaS EPM applications preferred (e.g., Vena, Oracle Hyperion, Adaptive Insights)
- Time management and the ability to switch between projects quickly and meet deadlines.
- Excellent verbal and written communication skills
- Ability to re-prioritize and be flexible in a high-paced fluid environment with competing priorities
- Understanding of basic accounting principles
- Must have a collaborative management style with the ability to build partnerships cross functionally, effectively influence and develop and implement business process improvements in the planning, reporting and performance management area
- Strong intellectual curiosity: understanding that the role is about connecting what you do with the rest of the team. Versatile collaborator who is eager to learn, ask questions, and agile in aligning across different points of view and perspectives
Gaming Compliance & Licensing Requirements
As an online gaming company, BetMGM is required to comply with state gaming regulations which includes licensing obligations. Applicable employees must be licensed by at least one jurisdictional agency, although certain positions require licensing by multiple agencies. Failure to become licensed or maintain licensure with each agency as required for the role may result in termination of employment. Please note that the licensing process includes comprehensive background checks which may include a review of criminal records, financial history, and personal background verification.
In addition, candidates must comply with and support the company's responsible gambling policies, procedures and initiatives.
About Our Culture
Building BetMGM from the ground up takes effort, energy, and teamwork, but that’s what will make leading this industry all the more satisfying. We stay focused on our main goal with the help of these four company pillars:
Believe in Your Game – Take your shot! There’s a freedom to explore ideas usually only start-ups are lucky enough to experience.
Backed by the Best - With our expertise—merged with that of our world-class investors—we have the opportunity to take this business, and ourselves, farther than anyone has ever imagined.
Do What’s Right - We operate with clarity and simplicity, always doing the right thing by our customers and each other, standing shoulder to shoulder every day.
Hustle Hard - Our combined commitment and ambition is what drives us to create some of the most innovative products in the industry.
What We Offer
As a valued employee, we’re committed to giving you the resources and support you need. We offer Medical, Dental, Vision, Life Insurance, Commuter Benefits, Paid Time Off, Holidays, Employee Resource Groups and more!
Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. The position is also eligible for an annual bonus.
BetMGM LLC is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified individuals, regardless of race, religion, gender, gender identity, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. As an organization, we are unwavering in our commitment to maintaining a discrimination-free work environment, and fostering a culture of inclusivity, belonging and equal opportunity for all employees and applicants.
We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our company goals. So, we are committed to an inclusive culture for all and empowering our employees to thrive in meaningful careers. At BetMGM, we play to win, and we are “all in” together. If your experience looks a little different from what we’ve identified and you think you’ve got what it takes, we’d love to learn more about you.
If you need assistance or accommodation with your application due to a disability, you may contact us at recruitment@betmgm.com.
This job description is not an exclusive or exhaustive list of duties a person in this position may be asked to perform from time to time.
Salary : $100,400 - $131,775
