What are the responsibilities and job description for the VP Finance position at Churchill Downs Incorporated - Louisville, KY?
SUMMARY:
The VP Finance - Gaming works closely with the finance leaders at CDI’s gaming and historical racing machine (“HRM”) properties, provides overall day to day financial leadership and coordination for the gaming and HRM properties, and is a business partner to the SVP – Gaming, the VP of Gaming Ops, and the leaders of the gaming and HRM properties. This position works with gaming and HRM leadership and their finance leaders to develop and implement strategic plans and operating plans to drive profitable growth. This position and his/her team is responsible for the analysis and decision support related to capital management, business development opportunities, and vendor related activities for the gaming and HRM properties.
REQUIREMENTS:
- Bachelor’s degree in accounting or finance
- Master’s degree and / or CPA preferred
- A minimum of 10-15 years’ experience in financial planning and analysis or financial leadership positions, preferably in a gaming environment
- Excellent analytical, financial modeling, problem solving, and strategic thinking skills.
- Strong demonstrated management and leadership skills including ability to operationalize strategic plans
- Excellent financial acumen and thorough knowledge of U.S. GAAP
- Willingness and ability to pass suitability requirements of a gaming licensing body, including submission of detailed background and financial data
- Detail oriented, professional demeanor, strong organization and project management skills
- Strong interpersonal skills and courage / ability to challenge and handle challenging situations as business expands
- Excellent verbal and written communication / presentation skills
- Strong work ethic and ability to cultivate working relationships throughout the organization
- Ability to gain respect of and influence gaming leaders and team members to support ongoing development, growth, and profitability of the gaming and HRM properties
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Responsible for the financial management of gaming and HRM properties, including:
- Support the development and implementation of strategic plans
- Provide leadership in the development and monitoring of budgets and operational strategies to produce both short-term and long-term profitability
- Drive key operational and strategic initiatives
- Work closely with leadership to ensure capital projects deliver expected results, remain within budget, and meet deadlines
- Review and approve cost proposals and estimates for equipment, systems, and procedural changes, as needed
- Provide leadership in financial analysis and projections, capital and operating budget planning, productivity, cash flow management, cost identification and allocation, revenue/expense trends analysis, financial record keeping and reporting
- Provide oversight and direction for gaming and HRM finance leaders
- Support gaming regulation compliance function, as needed
- Maintain effective communication with peers
ABOUT CHURCHILL DOWNS INCORPORATED:
Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.
