DIRECTOR OF FINANCE

Job Description

Job Description

Description :

Director of Finance is responsible for developing an organization's overall financial policies. Provides strategic direction of all financial functions including accounting, budget, credit, insurance, tax, and treasury. Ensure that proper financial controls are in place and that financial transactions support the overall business strategy while conforming with applicable laws and regulations.

DUTIES AND RESPONSIBILITIES

• Provide direction in the overall operation of assigned departments to ensure the most efficient and profitable operation and the maintenance of high standards of quality and service.
• Establish and administer procedures pertaining to the proper coordination of all financial activity with special emphasis on guest relations, internal controls and security of company funds.
• Supervise and direct the day-to-day operations of areas of responsibility through assigned department directors, managers and supervisors; counseling, guiding, and instructing them in the proper performance of their duties.
• Assist the General Manager, or in his / her absence, Assistant General Manager in directing the timely preparation and interpretation of financial information for the property including budgets, forecasts, daily financial information, and other financial data after obtaining input from operations management as required.
• Responsibility for fulfilling all financial reporting and analysis requirements at the assigned property.
• Ensure compliance with existing and established company policies and procedures pertaining to financial and control areas.
• Establish and maintain the necessary business controls required to safeguard the property assets and to safeguard its integrity utilizing company guidelines.
• Review reports and statements prepared for the property and ensure that all deadlines are met
• Plan, develop, and implement revised procedures to improve the efficiency and profitability of assigned areas
• Ensure the merit program is properly administered in the departments supervised, and that periodic performance reviews are prepared for all assigned employees
• Coordinate, improve, and recommend training programs, assure effective implementations of training programs.
• Be aware of competitive operations (internal practices, gaming procedures, promotions) and recommend appropriate action.
• Responsible for employee satisfaction in all assigned departments, working closely with Human Resources and taking corrective action as needed to maintain good morale.
• Monitor financial performance of assigned departments against planned performance, taking action to improve performance where necessary.
• Coordinate with operations management at all levels to respond to needs for systems, reports, and related items, to assure efficient utilization of manpower and facilities.
• Maintain an updated knowledge of Gaming Laws / Regulations applicable to areas of responsibility.
• Establish and maintain effective channels of communications upward, downward, and laterally.
• Act as liaison between property and Internal Audit, External Audit, and Regulatory agencies.
• Ensure that all assigned departments are staffed with competent personnel who (a) are delegated authority, (b) are compensated commensurate with ability and responsibility, (c) are provided with well-defined and understood lines of authority and (d) are continually being developed for advancement.
• Perform related duties as assigned.
• Conduct self always in a manner that reflects credit on property and encourage others to do the same.
• May act as Managerial Representative on Premises.

Requirements :