Finance Director - Diamond Game Enterprises - Los Angeles

Job description
The Director of Finance provides leadership and guidance to the finance department together with strategic and operational support to the Company. The Director of Finance reports to the President and directly assists the Executive Staff on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs, debt financing and securing of new funding. This position ensures that the Company accounting procedures and reporting conform to the Companies’ Parent Corporation requirements and Generally Accepted Accounting Principles.


ESSENTIAL DUTIES AND RESPONSIBILITIES
Enhance, develop and implement comprehensive financial strategies, policies and procedures, which improve the overall performance of the Company.
Provide leadership and guidance to the Finance Department, which lead to the development of robust financial systems and processes.
Ensure the effectiveness and efficiency of the day-to-day financial planning, reporting, analysis and cash management.
Set and achieve financial goals, budgets and cost effectiveness, interpret financial reports and recommend appropriate actions.
Ensure subsidiary compliance with all corporate financial policies and procedures.
Responsible for annual planning process to ensure assumptions and projections reflect business environment and financial indicators.
Provide Executives with an operating budget. Work with the Executives to ensure planning success through cost analysis support and compliance with all contractual and corporate programmatic requirements.
Participate in developing new business, specifically: assist the President in identifying new funding opportunities, the drafting of prospective budgets and determining cost effectiveness of prospective business opportunities.
Assess the benefits of all prospective contracts and advise the Executive Team on program design and implementation matters.
Oversee the management and coordination of all fiscal reporting activities for the Company including: organizational revenue/expense and balance sheet reports, reports to Corporate, development and monitoring of organizational and contract budgets.
Evaluate controls and determine those that are key to the internal/external financial reporting process.
Provide Financial Statements analysis, interpret data, develop management reports and routinely conduct ad-hoc analysis and reports.
Manage and oversee the relationships with Corporate and independent auditors (CPA’s, Workers Compensation and Taxing Agencies).
Develop and evaluate key cost reduction and performance enhancement strategies.
Ensure functional strategies are aligned with Corporate and Company goals and objectives.
Provide proactive analysis and interpretation of financial and non-financial information.
Identify opportunities to improve performance and financial results.
Monitor banking activities of the Company.
Ensure adequate cash flow to meet the Company’s needs.
Serve as one of the trustees and oversee administration and financial reporting of the Company’s 401(k) Savings and Retirement Plan.
Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.
Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place in collaboration with Corporate.
Oversee the maintenance of the inventory of all fixed assets assuring all are in accordance with Corporate and U.S. federal regulations.
In line with corporate policy and procedure, lead monthly closing process; re-evaluate closing calendar and tighten time of close as required by the Parent Corporation.

Desired Skills and Experience
REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES
Strategic visionary who understands the big picture and is well versed in business operations.
Foster and cultivate business opportunities and partnerships.
Decisive, forward-thinking individual with high ethical standards.
Thorough Knowledge of finance, accounting, budgeting and cost control principles including Generally Accepted Accounting Principles.
Knowledge of automated financial and accounting reporting systems.
Knowledge of federal and state financial regulations.
Ability to analyze financial data and prepare financial reports, statements and projections.
Working knowledge of short and long term budgeting and forecasting, rolling budgets, and product-line, geographical profitability analysis.
Recognize and be responsive to the needs of all clients of the organization, including funding organizations, Corporate and Gaming Control Boards.
Self-directed, team player with the ability to relate to people at all levels of an organization.
Ability to thrive in a fast-paced, collaborative and team-oriented environment.
Supervise staff, including regular progress reviews and plans for improvement.
Hands-on, manager of people, systems and processes; attention to detail.
Proven track record of meeting deadlines / objectives.
Communicate effectively in both written and verbal form.
EDUCATION AND EXPERIENCE
Education:
Master’s Degree in Finance, Accounting or Business with strong Accounting experience.
Certified Public Accountant (CPA) preferred.
Experience:
Five (5) to Ten (10) years’ experience in a mid to senior level finance or accounting management position. (i.e. Controller and/or Vice President of Finance)
Computer proficient in Microsoft Applications: Excel required.
Operational knowledge within the Gaming Industry a plus.

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