What are the responsibilities and job description for the Controller position at Colonial Downs Group LLC?

Job Description

The Financial Controller is responsible for directing all aspects of financial reporting, accounts payable, purchasing, payroll, and general ledger. Responsible for the overall care, custody, and management of the organization’s funds, securities, and records

The Rose Gaming Resort is a $480 million gaming and entertainment complex destination, located alongside I-95 in Dumfries, Virginia. Along with exciting gaming action, The Rose Gaming Resort provides a luxury hotel, eight bars and restaurants, a space for meetings and events, 50,000 square foot gaming space and over 1,650 Historical Horse Racing machines, and over 80 acres of green space. The Rose Gaming Resort generates an estimated $35.5 million in annual tax revenues and employs more than 500 team members.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Assists with the hiring, training, development and supervision of Finance teams.
Establishes department standards, guidelines and objectives, and maintains other administrative processes such as budget and staffing to ensure proper planning and efficient operation of assigned areas.
Participates in the design, development, and implementation of short- and long-term financial plans in relation to general ledger, accounts receivable, accounts payable, fixed assets, purchasing, payroll, and financial analysis.
Creates and coordinates company budgets and inventory, ensuring efficient and effective use of funds, personnel, materials, facilities, and time.
Coordinates preparation of external audit materials and external financial reporting.
Prepares statements and reports of estimated future costs and revenues.
Produces annual budgets, monthly, quarterly, and annual financial statement and other reports as requested.
Reviews and manages the preparation of financial reports, studies, and information requests from other departments within the company.
Directs daily, monthly, quarterly, and yearly reporting to ensure compliance with regulatory requirements.
Reviews strengths and weaknesses of finance operations as well as administrative functions to implement changes, improve operations, and allocate resources.
Performs other duties as assigned.

REQUIRED SKILLS AND ABILITIES

Leadership and management skills, as well as excellent verbal and written communication 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

Bachelor’s degree in Accounting, Finance, or related field; CPA or MBA preferred.

Two (2) years’ experience as a Controller preferred.

Three (3) years of experience in accounting, financial planning and analysis, supervision or related role.

Knowledge of gaming finance preferred.

A combination of education and experience may be considered.

Must obtain and maintain a valid Virginia Racing Commission License.

PHYSICAL REQUIREMENTS & WORKING CONDITIONS

While performing the duties of this job, the Team Member is frequently required to sit or 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 also be required to lift, push, and pull up to 20lbs.

The Team Member may be required to work long hours, including nights, weekends, and holidays.

The noise level in the work environment is moderate.

The work environment requires safety precautions typical of places such as offices, libraries, meeting rooms, etc.

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 a 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.

Salary : $36

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