Skip to Main Content

Chief Financial Officer - Full Time

Turtle Creek Casino & Hotel / Leelanau Sands Casinos
Suttons Bay, MI
  • Posted: over a month ago
  • Full-Time
Job Description
EDUCATION / EXPERIENCE

The successful candidate must have a BA or BS (MBA preferred) and a minimum of 7 to 10 years of successful experience as the Chief Financial Officer or Controller for a significant business organization with annual revenues greater than $100 million. Casino experience is required. Certified Public Accountant (CPA) and Certified Management Accountant (CMA) are preferred.

SUMMARY

The Chief Financial Officer (CFO) provides both financial and operational support to the Grand Traverse Band Economic Development Corporation. The position provides direct supervision of the finance and accounting departments and is the financial spokesperson for the company. The CFO reports directly to the CEO and directly assists the general managers and other departmental managers on strategic and tactical matters as they relate to finance, accounting, budget and forecast management, acquisition of assets and securing funding.

ESSENTIAL JOB FUNCTIONS
  • Assist and work with the CEO on strategic planning including business plan writing.
  • Participate in identifying and developing new business opportunities.
  • Explore new investment opportunities and provide recommendations on potential returns and risks.
  • Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
  • Oversee the capital structure of the company, determining the best mix of debt, equity, and internal financing.
  • Represents Company to banks, financial partners, institutions, investors, public auditors and officials.
  • Insure the processing and recording of the financial transactions, which reflect all of the EDC's business, i.e. revenue generation, accounts payable, payroll, expenses paid, & so on. Monitor the overall financial health of the EDC using established metrics. Enforce financial discipline/guidelines and controls to key players at the EDC.
  • Generate timely and credible comparative reports, which provide insight into the success of operations relative to (a) the goals set by the CEO, (b) the results achieved in prior periods, and (c) the results achieved by similar organizations within the casino industry, and/or within the casino's geographic area of operation.
  • Provide timely accurate analysis of budgets, financial reports and financial trends to the CEO and the EDC's Board of Directors.
  • Develop and maintain system of internal controls to safeguard financial assets.
  • Oversee the coordination and activities of independent auditors ensuring all audit and compliance issues are resolved, including the preparation of annual financial statements in accordance with GAAP and other federal, state requirements.
  • Oversee the management and coordination of all fiscal reporting activities for the organization including but not limited to organizational consolidated income statements, balance sheet reports, statements of cash flow.
  • Prepare and submit regulatory reports on a timely basis including those required by the NIGC, IGRA, FinCEN, the Bank Secrecy Act, and other relevant laws, regulations, and agencies,
  • Provide analytical support to other members of the executive team including but not limited to new games analysis, financial analysis of proposed expenditures, lease-buy decisions, and so on.
  • Recommend and oversee cash management, investment, and liquidity programs.
  • Negotiate and approve large contracts, strategic alliances and preferred vendor arrangements. Represent EDC in presentations/ discussions with potential customers, vendors, and other external concerns.
  • Provide strategic input and leadership on issues affecting the company, e.g., project profitability, business partnering opportunities, acquisitions or merger opportunities.
  • Develop, execute, and communicate the EDC's overall financial strategy to all stakeholders. Design and execute a strategy to communicate certain key elements of the EDC's financial strategy to tribal members and employees.
  • Other duties as assigned by supervisor, within scope of position.
OTHER NECESSARY SKILLS AND ABILITIES

Demonstrated track record in business planning as well as overseeing and managing substantial budgets; thorough expertise in finance, and experience in all operational functions. Must have a full understanding of mergers and acquisition processes and have the ability to recognize and comment on the intricacies pertaining to fiscal health, solvency, debt and liabilities. Must have well-developed writing skills, excellent interpersonal and communication skills, demonstrated business judgment and financial responsibility. Must be an effective team leader and player. Strong leadership and organizational skills, aggressive style and high-energy personality. Knowledge of start-up operations required. Ability to forecast revenue and expenses and provide accurate projections for cash flow as required by an increasing need for working capital in a high growth environment. Demonstrated ability to lead / orchestrate negotiations in major transactions.

SUPERVISORY RESPONSIBILITIES

Oversee controller and accounting staff operations such as daily billing/collection activities; A/R and A/P daily activities; financial statement preparations and issuance; budget preparation; financial analysis and controls; review and oversight of audits and tax preparation; provides leadership and direction to the accounting department staff by:

  • Task delegation to achieve maximum results.
  • Reinforcement of policies and procedures.
  • Directing department expenditures.
  • Maintaining in-depth knowledge of all departmental operations.
  • Performing employee disciplinary actions and corrections including hiring and terminating employees.
  • Planning and organizing all departmental functions.
  • Maintaining open lines of communication with other departments and within the department itself.
  • Creating and administering a mentoring program within the department to ensure that other staff members are trained and ready to move to the next level.
  • Overseeing departmental training procedures and evaluating effectiveness of the training program.
TYPICAL PHYSICAL DEMANDS

Must be physically able to operate a variety of job-related machines and/or office equipment. Must be able to move or carry job-related objects or materials. Physical demand requirements are at levels of those for sedentary or office environment work.

TYPICAL MENTAL DEMANDS

Requires the ability to interact with people (i.e. staff, supervisor, general public and elected officials) beyond giving and receiving instructions in a focused and professional manner. Must be able to effectively handle stressful and compromising situations when confronted with an emergency. Must be able to work productively under strict time restraints with variable deadlines. Must be able to make quick, informed decisions that may have a major bearing on the financial well being of the EDC. Must be able to make qualified decisions with no direction or managerial input for the good of the company. Must also be prepared to be responsible and accountable for any decisions or actions made during the course of work.

WORKING CONDITIONS

Work is normally performed in a typical interior/office work environment. Travel is a normal and necessary function of this position.

COMMENTS

Native American and Tribal Preference will apply. Must be able to pass a background investigation and a drug and alcohol urinalysis as a condition of employment. Must be able to work flexible hours and to take on additional responsibilities when asked. Must adhere to company policies regarding strict confidentiality.

The above statements are intended to describe the general nature and level of work performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Management retains the right to add or to change the duties of the position at any time. Any qualifications to be considered as equivalents in lieu of stated minimums require prior approval of the Director of Human Resources.

Turtle Creek Casino & Hotel / Leelanau Sands Casinos

Address

Suttons Bay, MI
49682 USA

Industry

Finance and Insurance

View all jobs at Turtle Creek Casino & Hotel / Leelanau Sands Casinos

What email should the hiring manager reach you at?

By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts.