Director - Technical Accounting
Director - Technical Accounting
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$ 150000 - 170000
1 Vacancy
Job Description
About Ballys Corporation
Ballys Corporation (NYSE: BALY) is a global casino-entertainment company with a growing omni-channel presence. Ballys owns and operates 19 casinos across 11 states along with a golf course in New York and a horse racetrack in Colorado and holds OSB licenses in 13 jurisdictions in North America. The acquisition of Aspers Casino in Newcastle UK expands its international reach. It also owns Bally Bet a first-in-class sports betting platform Bally Casino a growing iCasino platform Ballys Interactive International division (formerly Gamesys Group) a leading global interactive gaming operator and a significant economic stake in Intralot S.A. (ATSE: INLOT) a global lottery management and services business.
With 11500 employees its casino operations include approximately 17700 slot machines 630 table games and 3950 hotel rooms. Ballys also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas.
The Role:
The Director of Technical Accounting will be responsible for conducting accounting research and providing technical accounting support to cross-functional team members in a timely manner and will play a key role in shaping the companys accounting policies and ensuring financial integrity in support of strategic growth initiatives. This role reports to the VP of Technical Accounting & SOX Compliance and works closely with the Chief Accounting Officer and other key Corporate and Segment finance leaders providing high-impact insights on complex accounting matters.
Responsibilities:
- Research unique or complex transactions contemplated and/or entered into by the Company to determine appropriate accounting treatment.
- Develop & present accounting analysis and memorandums to support accounting positions taken by the Company.
- Lead the Companys accounting procedures under ASC 805 along with the preparation of opening balance sheet and valuation procedures of acquired companies working with external valuation experts and other advisors as appropriate.
- Lead annual and interim goodwill and long-lived asset impairment assessment processes.
- Review and document the Companys accounting for lease arrangements under ASC 842.
- Act as the primary technical liaison for the annual external audit and quarterly reviews through communication with external auditors and preparation of analysis and documentation.
- Monitor FASB and SEC developments to identify and document the potential impact of new pronouncements or other authoritative guidance to the companys global operations
Competencies:
- Strong U.S. GAAP and SEC reporting acumen and understanding of accounting and financial reporting matters.
- Strong documentation skills and the ability to present complex analysis to management.
- Decision-making and strong analytical skills.
- Communication proficiency including the ability to explain complex accounting issues clearly.
- Committed to team success and willing to work collaboratively with others to achieve common goals.
- Demonstrated cross-functional collaboration and teamwork across the organization.
Qualifications:
- Bachelors degree in accounting or related accredited field required
- 8 years experience in a public accounting firm and/or a public company environment.
- CPA certification preferred
- M&A experience preferred
Whats in it for you:
- Competitive salary with annual performance reviews
- Bonus eligibility
- Comprehensive health coverage plan that includes medical dental and vision
- 401(K)/ Company Match
- Access Perks and Childcare discounts
Target Compensation:
- $150000- $170000 Annual Salary
Please note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the employee for this job. Duties responsibilities and activities may change at any time with or without notice.
Required Experience:
Director
Employment Type
Full-Time
