Senior Director, Finance

Select how often (in days) to receive an alert:

ABOUT OWENSBORO & ELLIS PARK RACING & GAMING PROPERTIES

With two unique properties to choose from, Owensboro Racing & Gaming and Ellis Park Racing & Gaming is your heart pounding headquarters for live thoroughbred horse racing, 900 historical racing games, race and sports books, restaurants, bars and more! Ellis Park and Owensboro Racing & Gaming are conveniently located just 40 minutes apart and are your exhilarating destinations for pure racing and gaming entertainment.

The Senior Director of Finance – Owensboro Racing & Gaming and Ellis Park Racing & Gaming leads all financial activity at Owensboro Racing & Gaming and Ellis Park Racing & Gaming, including accounting, financial analysis, cash operations, revenue audit, purchasing, and compliance. This role manages the timely preparation and analysis of the financial results and establishes and maintains the necessary internal controls required to safeguard the property’s assets to ensure integrity and compliance with gaming and other state and federal regulations.

This role ensures that the financial results reflect established accounting and financial standards. This role is responsible for working with the property leaders to manage maintenance and project capital and to obtain approvals, as necessary. This role is responsible for providing financial analysis and decision support to the property leadership team and corporate financial planning and analysis, as needed, and for developing financial forecasts and actions to achieve the forecasts with the property leadership team.

Lead all financial activities for Owensboro Racing & Gaming and Ellis Park Racing & Gaming, including accounting, financial planning and analysis, revenue audit, and customer service operations.

Leadership and Management of Team:

• Supervise and direct the day-to-day operations of assigned managers and supervisors within the finance and operations teams.
• Provide guidance, counseling, and training to ensure team members perform their duties effectively and efficiently and meet compliance and reporting expectations
• Serves as a leader for team members while fostering teamwork, positive morale, motivation, and open communication.
• Maintains interpersonal working relationships among employees and the public
• Foster a collaborative and high-performing team environment by setting clear expectations and providing ongoing support for team members.
• Provide real-time feedback, conduct regular check-ins, and implement plans to continuously enhance team capabilities.

Financial Planning and Analysis:

• Lead the development of operational and financial analytics and models for long-term financial forecasting.
• Lead monthly analysis of actual financial results and the development of monthly forecast updates.
• Develop the annual operating plan.
• Develop capital forecasts and implement plans to achieve efficient and effective capital spending.
• Provide financial modeling and analysis for capital management, pricing, sponsor ships, and vendor-related activities.
• Work with CDI Corporate Finance and property leaders to identify opportunities for cost reductions and process improvements.

Accounting and Financial Controls:

• Oversee accounting, financial reporting, and purchasing processes for Owensboro Racing & Gaming and Ellis Park Racing & Gaming.
• Ensure the team is utilizing current accounting standards, tools, and technologies to improve efficiency and timeliness in financial analysis.
• Develop, implement, and monitor controls over accounting, treasury, and cash-related processes.
• Oversee high-volume cash management logistics and ensure proper controls are in place.
• Manage external and internal audits to ensure financial accuracy and compliance.
• Maintain a thorough understanding of state and local regulatory requirements relevant to areas of responsibility and collaborate with regulatory authorities to address compliance, tax calculations, control measures, and other operational concerns.
• Collaborate with CDI Corporate Purchasing team to optimize procurement efficiencies and leverage volume discounts.

Operational

Activities:

• Ref…