What are the responsibilities and job description for the Staff Accountant position at Formula 1 Las Vegas Grand Prix?
The FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX has rapidly become a world-class event in its first two years. This three-day spectacle attracts a global audience to witness the world's greatest drivers and cars navigate the iconic Las Vegas Strip at breathtaking speeds approaching 200 mph.
SUMMARY OF JOB:
As part of the Accounting and Finance group, this position will assist with the monthly and quarterly close processes, including preparing journal entries, reconciling general ledger accounts, and supports various departments in expense analysis.
ESSENTIAL FUNCTIONS (INCLUDE WITHOUT LIMITATION):
- Assist in the preparation and reconciliation of monthly journals and work papers for specific areas of the income statement and balance sheet.
- Organization wide accounting: assist with G/L account reconciliation and month-end closing, and other ad hoc projects.
- Develops and implements procedures by analyzing current procedures, recommending changes.
- Prepare journals for fixed assets, cash/AR, prepaids, revenue, and deferred revenue accounts
- Prepare reconciliations for fixed assets, cash/AR, prepaids, revenue, and deferred revenue accounts.
- Prepare monthly accruals as required.
- Research discrepancies and prepare necessary correcting journals.
- Prepare monthly financial statement fluctuation analyses.
- Ensure activities are properly and accurately recorded and maintained in the sub ledger and general ledger for closing process.
- Apply accounting principles, regulations, and policies to all work duties.
- Responsible for daily preparation and management of certain accounting processes and records assigned.
- Ensures all records are stored in accordance with company and department policy and procedures.
- Produce statements and reports that require utilization of a wide range of sources.
- Determine proper expense classifications of invoices to appropriate general ledger accounts.
- Assist with identifying areas of process improvements and help implement solutions.
- Special Projects as considered necessary.
REQUIRED QUALIFICATIONS:
- BS/BA in accounting or related field.
- Ability to gather and analyze information quickly and accurately.
- Ability to communicate effectively, both orally and in writing.
- Ability to work cross functionality within the team and with other departments.
- Work under pressure, both independently and in collaboration with others, in order to meet deadlines.
- Ability to maintain confidentiality and strong ethical standards.
- Ability to make well-informed decisions and exercise good judgment and discretion in a fast-paced environment and in a variety of situations, including in the absence of express direction.
- Excellent computer skills, including proficiency in Microsoft Dynamics 365, Word, Excel, and Outlook, preferred.
- Ability to work in an organized fashion, manage time effectively, take initiative, meet deadlines and multitask.
- Ability to interact positively with co-workers, supervisors, Company personnel, outside vendors and third parties.
- Zeal towards operational excellence/process improvement & simplifications.
- Ability to use a computer for extended periods of time and telephone frequently.
- Ability to quickly understand and comply with Company policies, procedures and practices.
Las Vegas Grand Prix, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type. All employment decisions are based on business needs, job requirements, and individual qualifications without regard to race, color, religion, age, sex (including pregnancy), parental status, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
