What are the responsibilities and job description for the Manager of Accounting position at Churchill Downs Incorporated - Louisville, KY?
Manager of Accounting
Job Summary: The Manager of Accounting is responsible for overseeing the day-to-day accounting operations of the company, ensuring the accurate and timely processing of financial transactions. This role will help manage the accounting team’s day-to-day activities while providing support to the Senior Director of Accounting in the development and implementation of accounting policies and internal controls. The Manager of Accounting will play a key role in managing month-end close processes, financial reporting, and identifying opportunities for process improvements and automation.
Qualifications/Requirements:
- Bachelor’s degree in accounting, Master’s degree preferred.
- CPA required.
- A minimum of 5-7 years’ accounting experience, including experience in a leadership role within accounting or finance.
- Solid understanding of U.S. GAAP and accounting processes.
- Understanding of SEC reporting requirements, including the preparation and review of Forms
10-K, 10-Q, and 8-K.
- Experience with accounting software, preferably JD Edwards, SAP, or similar ERP systems.
- Knowledge of Sarbanes-Oxley compliance and internal controls.
- Strong organizational, leadership, and management skills, with experience guiding teams in achieving accounting goals.
- Excellent analytical skills and the ability to interpret complex financial data.
- Strong communication skills, both verbal and written, with the ability to present financial information to senior leadership.
- Ability to prioritize workload, multi-task and meet deadlines in a fast-paced environment.
- A proactive and hands-on approach to identifying challenges and implementing solutions.
- Proficient in Microsoft Excel and other financial software tools.
Essential Duties and Responsibilities:
- Assist the Senior Director of Accounting in leading the accounting team to ensure the accurate and timely completion of all accounting functions, including journal entries, general ledger reconciliations, and financial reporting.
- Supervise the month-end closing process, ensuring all financial transactions are recorded accurately and in a timely manner.
- Assist in the review of journal entries and general ledger reconciliations.
- Assist in the preparation of monthly, quarterly, and annual financial statements.
- Support the development and implementation of internal controls and accounting policies to ensure compliance with U.S. GAAP and Sarbanes-Oxley requirements.
- Identify and implement process improvements, focusing on automation and efficiency.
- Provide leadership and mentorship to the accounting team, ensuring that team members are properly trained and have the resources they need to succeed.
- Work closely with other departments, including finance, tax, and internal audit, to ensure financial data is accurate and that internal controls are being followed.
- Support internal and external audits by providing necessary documentation and explanations of accounting processes.
- Ensure timely resolution of audit issues and implement corrective actions as needed.
- Assist in the execution of special accounting projects and initiatives as required, including supporting the Senior Director of Accounting with strategic planning, analysis, and reporting.
About Churchill Downs Incorporated:
Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for over 150 years, beginning with the Company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the acquisition, development, and operation of live and historical racing entertainment venues, the growth of the online wagering businesses and the acquisition, development, and operation of regional casino gaming properties. www.churchilldownsincorporated.com
