What are the responsibilities and job description for the Vice President, Finance- TwinSpires Segment position at Churchill Downs Technology Initiatives C?
Job Description
Job Description
Job Summary :
The Vice President- Finance is a business partner to the President and management of the TwinSpires segment, providing overall day-to-day financial leadership and coordination of the financial aspects for the Twinspires segment of Churchill Downs Incorporated. This includes providing financial support for the TwinSpires Horse Racing, United Tote, Exacta Systems and Sports Wagering businesses. The VP – TwinSpires Finance works with the TwinSpires management and departmental leaders in the development and implementation of strategic and operating plans to drive profitable growth. This finance leader also oversees financial planning and analysis (FP&A) support within the TwinSpires segment and provides analysis on actual results, develop forecasts, and develop actions to achieve the forecasts. This finance leader is responsible for analysis and decision support related to capital management, business development opportunities, and supplier related activities and provides financial analysis and decision support to executive management for the TwinSpires segment as needed.
Key Responsibilities :
Manages the development of operational and financial models used to forecast financial results over the long term
Leads and oversees the operating segment through operating cycles, including
Monthly analysis of actual results
Development of monthly forecast updates
Development of annual operating plan
Works with President – TwinSpires and segment leadership to
Refine financial and operating statistics to drive consistent performance and accountability
Develop capital forecasts and to implement plans to achieve spend capital efficiently and effectively
Responsible for financial modeling and analysis support of capital management, business development opportunities, and vendor related activities for the TwinSpires segment
Responsible for working with VP – Corporate FP&A and Treasury and VP – Investor Relations to develop messaging for investor meetings (e.g. investor presentation, Q&A) and to write financial press releases related to the TwinSpires segment
Responsible for supporting key supplier relationships and vendor negotiations for the TwinSpires segment, as needed
Provides strategic financial input and leadership on decision-making issues affecting the TwinSpires segment
Ensures the team is utilizing state of the art techniques, tools, and technology to perform the analysis and plans in the most efficient, timely and effective manner as possible
Coaches and develops the TwinSpires segment finance team
Other duties as assigned by management
Qualifications / Requirements :
Bachelor’s degree in accounting or finance
Masters, CPA, and / or CFA preferred
A minimum of 10-15 years’ experience in financial planning and analysis or financial leadership positions
Excellent analytical, financial modeling, problem solving, and strategic thinking skills.
Strong demonstrated management and leadership skills including ability to operationalize strategic plans
Ability to analyze, interpret, and summarize data
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 business segment leader and leadership team quickly to support ongoing development, growth, and profitability of the businesses in the segment
Experience in horse racing or gaming is desired
Must be able to maintain required licenses in all jurisdictions applicable to the business.
Authorized to work in the US on a full-time basis.
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