Director of Treasury

Las Vegas, NV - USA

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Department:

Finance

Job Summary

This position is a part of the Accounting and Finance Management team which reports directly to the Corporate Controller. The Treasury Director will be responsible for managing Affinitys treasury operations cash management forecasting investments and banking relationships across corporate and casino locations. The Treasury Director will play a crucial role in optimizing capital structure ensuring liquidity and implementing risk management strategies that support continued growth in the gaming and hospitality space.

Essential Duties and Responsibilities

Develop processes and reports to determine daily cash position across the organization and casino properties; track and manage intra-company funding anticipate borrowing needs and available funds for investment.

Manage all Treasury functions including incoming/outgoing banking transactions bank account setup structure and of cash and debt across all ownership entities.

Develop and maintain cash flow forecasts to monitor cash positions across properties and ensure optimized cash management. Understand and prepare monthly operating needs to ensure adequate liquidity for operating cash needs and proper cash holdings in interest bearing and non-interest bearing accounts.

Lead weekly cash management and forecasting discussions providing overview of historical cash activity and upcoming cash activity for properties. Lead communication of matters relating to cash flow to key stakeholders and sponsors.

Calculate and process monthly cash funding for individuals trusts and entities.

Track ongoing related party notes and payables between individuals trusts and entities.

Lead development of Treasury policy guidelines and internal controls and ensure activities adhere to established compliance standards.

Ensure full compliance with gaming regulations anti-money laundering laws and financial policies.

Collaborate with Controller to oversee monitor and work to improve accounting procedures and internal all treasury related controls for appropriate fraud prevention measures

Oversee/supervise Treasury Manager delegate tasks provide guidance and review deliverables prepared by Treasury Manager

Collaborate with Shared Services Director to prioritize payments and schedule disbursements in coordination with cash flows forecasting and vendor terms. Supervise accounts payable disbursement process.

Assist with yearly audit by preparing schedules/documentation.

Engage with Finance leadership and Casino teams on special projects or initiatives as requested.

Continual oversight on best practices of bank accounts and operating portfolios

Support of all existing bank accounts and establishment of new bank accounts as necessary.

Lead debt issuance and refinancing activities; manage covenant compliance and reporting.

Education and Experience

Bachelors or Masters degree in Accounting or Finance

Minimum 7 years of progressive experience within corporate finance/treasury

Strong understanding of cash management debt financing and capital markets

Familiarity with regulatory compliance in gaming environments preferred

CPS CTP preferred

Skills

High level of knowledge with regards to treasury and accounting principles and practices.

Possesses strong leadership supervisory and management abilities.

Excellent problem-solving skills along with the ability to think analytically and critically.

Excellent organizational and time management skills hands-on and self-directed.

Team player comfortable working with employees at all levels of the organization.

Experience with web-based banking platforms.

Attention to detail accuracy process-oriented and organized.

High proficiency in Microsoft Office (i.e. Excel Word).

Strong written and verbal communication skills.

Required Experience:

Director