Director - Finance
Director - Finance
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$ 150000 - 170000
1 Vacancy
Job Description
Why Ballys:
Ballys Corporation is a global casino-entertainment company with a growing omni-channel presence currently owning and managing 15 casinos across 10 states a golf course in New York a horse racetrack in Colorado and having access to OSB licenses in 18 states. The recent acquisition of Aspers Casino in Newcastle UK further expands its international footprint and enhances its diverse entertainment offerings. It also owns Ballys Interactive International formerly Gamesys Group a leading global interactive gaming operator Bally Bet a first-in-class sports betting platform and Bally Casino a growing iCasino platform.
With 10600 employees the Companys casino operations include approximately 15300 slot machines 580 table games and 3800 hotel rooms. Ballys also has rights to developable land in Las Vegas post the closure of the Tropicana.
Upon completion of the announced merger with The Queen Casino & Entertainment Inc. (Queen) the above portfolio is expected to be supplemented with four additional casinos across three states one of which will be an additional state that expands Ballys jurisdiction of operations to include the state of Iowa. Queen will also add over 900 employees and operations that currently include approximately 2400 slot machines 50 table games and 150 hotel rooms to the Ballys portfolio. Ballys will also become the successor of Queens significant economic stake in a global lottery management and services business through its investment in Intralot S.A. (ATSE: INLOT).
The Role:
The Director of Finance will be a key strategic leader responsible for the financial management planning and performance of the organization. This position will oversee all accounting functions financial planning and analysis (FP&A) budgeting financial reporting and compliance. The Director of Finance will ensure the integrity of internal controls and regulatory adherence while driving operational efficiency and financial performance. This role requires a proactive leader who can translate financial data into actionable insights and effectively communicate with executive leadership.
Responsibilities:
Operational Excellence
Create and manage efficient staffing schedules aligned with budgeted labor costs.
Monitor and evaluate key performance indicators (KPIs) and operational metrics to assess progress toward organizational goals.
Lead initiatives to improve financial systems processes and tools for enhanced data accuracy and decision-making.
Identify and understand business challenges along with key assumptions and trends that may impact future performance to recommend strategies for increasing financial performance.
Develop maintain and distribute key performance indicators and key operating metrics to evaluate the attainment of the companys operation service and financial objectives.
Perform other duties as assigned
Financial Planning & Analysis (FP&A)
Provide strategic FP&A support to accounting and business teams including productivity analysis demand planning and reporting.
Analyze and interpret financial performance metrics identifying variances trends and opportunities to improve financial outcomes.
Develop and maintain financial models dashboards and real-time performance tracking tools to support informed decision-making.
Leads the Companys real-time financial performance monitoring by creating insightful analysis reports and financial models identifying required action items.
Strategic Leadership & Compliance
Formulate implement and enforce financial policies and procedures in alignment with regulatory requirements internal controls and company objectives.
Ensure ongoing compliance with local state federal and industry-specific regulations including oversight of programs such as the Illinois Gaming Board Statewide Voluntary Self-Exclusion Program.
Identify risks and develop mitigation strategies to safeguard company assets and ensure long-term financial health.
Ensures compliance with all regulatory and company requirements.
Financial Management & Reporting
Direct the preparation and presentation of accurate financial statements reports and forecasts including income statements balance sheets and cash flow reports.
Oversee the maintenance of financial records including general and subsidiary ledgers accounts receivable revenue distribution cost depreciation property and operating expenses.
Coordinate internal and external audit processes and ensure timely and accurate reporting in compliance with regulatory requirements.
Lead the development and presentation of operating and capital budgets as well as variance analysis and recommendations for corrective actions.
Team Development & Collaboration
Select train mentor and develop finance team members fostering a culture of accountability growth and continuous improvement.
Provide coaching and corrective action where necessary to support high performance.
Collaborate cross-functionally with other departments to align financial planning with operational goals.
Qualifications:
Must be 21 years of age or older
Must be able to obtain and maintain a gaming license issued by the Illinois Gaming Board
Must have a bachelors degree in the field of finance or accounting
Must have more than three years of experience in finance accounting or related roles within the casino industry
General knowledge of accounting financial and operating principles is required
Experience developing financial reports metrics and models is required
Advanced Excel Word and PowerPoint skills are required
Must have extensive knowledge of systems used to process present and analyze data
Must have superior attention to detail and the ability to successfully manage multiple competing priorities while maintaining a view of the big picture
Whats in it for you:
Competitive Salary with annual performance reviews
Comprehensive health coverage plan that includes medical dental and vision
401(K)/ Company Match
Access Perks and Childcare discounts
Target Salary Range: $150000.00 - $170000.00 / Annually
Bonus eligible
Physical Demands:
Regularly required to see talk hear walk and stand
Frequently required to use hands to handle feel and reach
Occasionally required to sit or stoop
Must occasionally lift and or move up to 30 pounds
The work environment contains bright lights loud noise and stressful situations.
Work Environment:
The work environment contains bright lights loud noise and stressful situations.
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
