Racetrack Settlements Accounting Manager

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REQUIREMENTS:

• Bachelor's degree in accounting or finance.
• Master's and / or CPA preferred.
• A minimum of 5-7 years' experience in accounting and / or financial reporting and analysis.
• Prior supervisory experience preferred.
• Excellent financial acumen and thorough knowledge of U.S. GAAP.
• Proficient with Microsoft suite products (Excel, PowerPoint, Access, etc.).
• Prior experience with JD Edwards general ledger system (or like system) and related business intelligence (BI) reporting tools preferred.
• Excellent analytical, problem solving, and strategic thinking skills.
• Detail oriented, professional demeanor, strong organization and project management skills.
• Strong interpersonal skills, including the ability to interact effectively with senior / executive management.
• Excellent verbal and written communication / presentation skills.
• Strong work ethic and ability to cultivate working relationships throughout the organization.
• Ability to understand the financial impact of decisions made and balance these decisions with customer satisfaction.
• Ability to prioritize workload, multi-task and meet deadlines in a fast-paced environment.

Essential Duties and Responsibilities

• Manage two direct reports responsible for settling the pari-mutuel settlement activities for Churchill Downs Inc., its subsidiaries and third party racetrack customers in a timely and accurate manner.
• Develop more efficient procedures / use of resources while maintaining a high level of accuracy.
• Communicate on an ongoing basis with third party racetracks, customers, and internal management and investigate and resolve discrepancies between balances due / owed to ensure timely resolution of issues.
• Manage customer accounts and follow up on sensitive issues in a timely manner.
• Demonstrate a clear understanding of contractual rules and a comprehensive working knowledge of billing requirements and transactional processes.
• Manage the process of regulatory payments and reporting on a weekly basis as contractually and/or legally obligated.
• Thorough documentation including, but not limited to, communication with vendors, internal communications, daily working lists, process improvements.
• Execute month end close procedures, accounting journal entries and reconciliation of general ledger accounts.
• Periodically provide reports to executive leadership on the current settlement balances and associated aging / status.
• Identify process improvement opportunities, including those related to automation through the use of available technologies.
• Work with each direct report to establish goals and objectives and monitor and advise to enhance professional development.

Experience

Required

• 5 - 7 years: Accounting or financial reporting

Preferred

• Supervisory experience preferred

Education

Required

• Bachelors or better in Accounting or related field

Preferred

• Masters or better in Accounting or related field

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.