Internal Auditor

Position Overview:

The Internal Auditor for Wyoming Horse Racing (?WHR?) is responsible for evaluating and improving the effectiveness of internal controls, risk management, and governance processes within the Historical Horse Racing Machine (?HHR?) and Off-Track Betting (?OTB?) operations (?Operations?). This role will involve conducting independent audits, reviewing compliance with gaming regulations, and assessing operational efficiencies to ensure that the operations is in full compliance with legal, regulatory, and company policies and procedures. The ideal candidate will have strong analytical skills, a good understanding of casino, HHR or OTB operations, and experience in internal auditing in regulated environments.

Key Responsibilities:

• Internal Audits: Plan, execute, and report on audits of various functional areas within the operations, including HHR and OTB operations, financial systems, marketing programs, and compliance.
• Risk Assessment: Identify and assess risks within business processes and internal controls, recommending improvements to mitigate risk.
• Regulatory Compliance: Ensure that the operations comply with local, state, and federal gaming regulations (anti-money laundry, Title 31), as well as internal policies and procedures. conduct audits of compliance with gaming licenses and permits.
• Financial Auditing: Review financial statements, accounting records, and transaction reports for accuracy, completeness, and compliance with industry standards.
• Operational Reviews: Evaluate the efficiency and effectiveness of operations, identifying areas for process improvements, cost reductions, or operational risks.
• Fraud Prevention: Monitor internal controls to detect potential fraud or irregularities and work closely with security and surveillance teams to investigate any discrepancies.
• Reporting: Prepare and present audit findings to senior management, providing clear, concise, and actionable recommendations for improvements or corrective actions.
• Collaboration: Work closely with other departments, including Finance, Compliance, Security, and IT, to gather information, conduct audits, and ensure the integrity of the audit process.
• Continuous Improvement: Stay current with industry?s best practices, new regulations, and changes in laws that may affect the casino gaming environment. Recommend changes or improvements to internal auditing practices.
• Special Projects: Assist in special audit investigations or projects as needed, including reviews related to mergers, acquisitions, or system implementations.

Qualifications:

• Education:

Bachelor?s degree in accounting, Finance, Business Administration, or a related field. CPA, CIA, or CISA certifications are preferred.

• Experience:
  • Minimum of 3 years of experience in internal auditing, preferably within the gaming, HHR, OTB or hospitality industry.
  • Experience with regulatory compliance, gaming operations, and financial reporting in a casino environment is a plus.
  • Strong understanding of laws, rules, and regulations in the jurisdiction of operation.
• Skills & Abilities:
  • Strong analytical, critical thinking, and problem-solving skills.
  • Excellent written and verbal communication skills, with the ability to present complex audit findings to senior management.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and audit management software.
  • High attention to detail and ability to work independently or as part of a team.
  • Ability to handle sensitive and confidential information with discretion.
• Other Requirements:
  • Knowledge of HHR and OTB software and systems (e.g., HHR, OTB marketing, surveillance systems).
  • Familiarity with risk management techniques and internal control frameworks.
  • Ability to travel to WHR locations in Wyoming for periodic in-site reviews.
  • The position will be based in Cheyenne Wyoming

Work Environment:

The position will be based in an HHR and OTB environment, which may involve working around HHR machines, high-traffic areas, and operational teams. The role requires flexibility in working hours, especially during peak hours, weekends, and holidays, as necessary.

Compensation:

Competitive salary based on experience, plus benefits including health insurance, paid time off, and performance-based incentives.

How to Apply:

Interested candidates are invited to submit their resume and a cover letter detailing their qualifications to tinahodgeman@wyominghorseracing.com.