Staff Accountant

ESSENTIAL DUTIES AND RESPONSIBILITIES of the STAFF ACCOUNTANT

REPORTS TO: Financial Controller

FLSA STATUS: Exempt

JOB SUMMARY: The Staff Accountant will prepare financial reports to track the organization's assets, liabilities, profit and loss, tax liabilities, and other related financial activities using advanced spreadsheets, creating journal entries and reconciliation with accurate input of data into various accounting and computer operating systems.

• Maintains confidentiality of all privileged information in accordance with established procedures with company policy and state regulations.
• Analyzes and evaluates accounting and operational information and ensures that items are properly summarized and posted in a timely and accurate manner; summarizes, reconciles, adjusts, and/or reclassifies information as needed.
• Assists with daily, monthly, quarterly, and yearly reporting to ensure compliance with regulatory requirements pertaining to company policies and GAAP.
• Monitors and reviews accounting and related system reports for accuracy and completeness, maintaining general ledger through information gathering.
• Reconciles primary and subsidiary banking accounts.
• Develops original estimates and valuations of accounting information when not provided.
• Reviews or prepares journal entries for input to the General Ledger and to accounting sub-systems.
• Oversees the preparation of financial statements and management of operating reports.
• Notifies Financial Controller of any potential discrepancies or delays as well as researching and resolving problems.
• Provides outside auditors with assistance by gathering necessary account information and documents to perform audits and reconciliations.
• Files required tax forms with federal, state, and local government agencies, preparing and processing related reports.
• Performs other duties as assigned.

REQUIRED SKILLS AND ABILITIES

• Ability to read, write, and comprehend simple instructions, short correspondence, and memos. 
• Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Extensive knowledge of general financial accounting and cost accounting, including theory and implementation of US GAAP.
• Understanding of and ability to adhere to generally accepted accounting principles.
• Excellent organizational skills as well as written and verbal communication skills.
• Highly knowledgeable of Microsoft applications as well as accounting software.

EDUCATION AND EXPERIENCE

• High school diploma or equivalent required.
• Bachelor's Degree in Accounting, Finance or related field.
• Advanced general math skills required.
• Intermediate MS office skills are required.
• One to three years of experience in Accounting or Finance preferred.
• Advanced Excel skills preferred.
• A combination of education and experience may be considered.
• Must obtain valid Virginia Racing Commission License.
• Valid Driver’s License.

PHYSICAL REQUIREMENTS & WORKING CONDITIONS

• The Team Member will be required to sit for extended periods of time.
• While performing the duties of this job, the Team Member may also be required to 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 be asked to occasionally lift up to 30 lbs.
• The Team Member may be required to work nights, weekends, or holidays.
• The noise level in the work environment is moderate.
• 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.

ABOUT COLONIAL DOWNS GROUP

Colonial Downs Group (CDG) is owned and operated by Churchill Downs Incorporated and consists of several different brands across Virginia: Colonial Downs Racetrack, Rosie’s Gaming Emporium, Rosie’s Game Room, and Virginia Horseplay. CDG is an inclusive and fun place to work. We celebrate unique approaches and points of view. We believe diversity is a mindset that drives excellence. We’re always learning, evolving, and growing. We innovate through mutual respect of ideas and collaboration. This allows us to build a common language that inspires our team members and propels us toward the achievement of our vision.

Colonial Downs Group is an equal opportunity employer committed to diversity and inclusion. We encourage qualified individuals from all backgrounds to apply. If you are passionate about marketing and thrive in a fast-paced environment, we want to hear from you!