Financial Analysis Manager is responsible for financial planning and modeling. Manages the financial analysis projects and statistical studies. Being a Financial Analysis Manager provides key financial analysis and management reporting by managing various monthly reporting processes. Provides guidance on investment and project decisions. Additionally, Financial Analysis Manager requires a bachelor's degree. Typically reports to a director or top management. The Financial Analysis Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Financial Analysis Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
ESSENTIAL FUNCTIONS:
· Prepares annual operating budget for casino operations, hotel operations, and harness operations.
· Analyzes actual results of casino operations, hotel operations, and harness operations.
· Prepares weekly forecast for casino operations, hotel operations, and harness operations.
· Advises senior management of significant variations in operating results.
· Evaluates existing operating procedures and controls in automated and manual revenue accounting systems.
· Researches alternate methods to enhance and streamline operations.
· Coordinates with data processing and various outside vendors in developing desired software systems.
· Responsible for periodic plan reviews.
· Prepares other project’s budgets and analyses for all promotions and special events as requested.
· Prepares analyses of business to assist management in identifying trends and business opportunities.
· Provides Senior Management with appropriate and timely financial reports to assist in the management of the Company.
· Monitors the performance of direct reports to insure that departmental goals and objectives are met.
· Responsible for the supervision and evaluation of department staff, including completion and timely submission of annual employee evaluations.
· Consults with all segments of management responsible for and makes recommendations improving the effectiveness of policies and practices.
· Acts within scope of authority and consistent with company and corporate objective, guideline, policies and practices.
· Ensures optimum performance of the function by recommending and implementing techniques to improve productivity, increase effectiveness and cut costs.
· Keeps abreast of current trends and practices within area of responsibility and communicates pertinent information.
· Interviews, selects, hires and retains superior employees
· Coaches, and counsels subordinate employees
· Oversees and ensures the timely completion of employee evaluations
· Conducts training with subordinates, both formally and informally
· Issues discipline and terminates employees as appropriate
· Rewards and recognizes superior performers
· Oversees and ensures that employees work safely and follow all safety rules
· Exercises considerable judgement in determining priorities, managing projects and assignments, delegating work, and overall accomplishment of goals and tasks.
· Manages departmental budget, maximizing revenue and controlling expenses as appropriate
· Manages payroll and labor costs
· Maintains relevant records and oversees the maintenance of records as appropriate for the department
· Develops and implements strategic goals, objectives and business plans for the department
· Ensures compliance with relevant laws and regulations as well as company policies and procedures
· Maintains up-to-date knowledge of industry and competition
· Ensures effective communication within the department and company
· Establishes and implements customer service standards
· Holds subordinates accountable for established performance expectations
· Motivates and develops staff; provides advice and guidance as appropriate
ADDITIONAL FUNCTIONS:
· Performs other duties as assigned.
REQUIREMENTS/EDUCATION:
· Bachelors Degree in Accounting or Business required or equivalent work experience.
· 3-5 years of accounting experience required.
· Working knowledge of automated accounting systems preferred.
· Must be proficient with Microsoft Office software.
· Excellent communication skills, both oral and written; ability to logically and independently plan, organize and complete work; initiative; well-developed interpersonal skills; ability to set and achieve high standards of performance; ability to make progress on multiple assignments under time constraints; and ability to travel to various locations on business.
· Ability to conduct analyses and generate reports to reflect findings; direct a work force, provide support to staff and delegate job duties.
· Ability to express ideas or make recommendations concerning job related issues; learn specific job duties and complete detailed work assignments; maintain knowledge of basic concepts and techniques.
· Ability to prepare and deliver formal presentations before public and private concerns.
· Ability to perceive quality of work, read material and review documents; receive instructions and hear inquiries from guests, clients or staff.
· Must possess superior customer service and leadership skills
· Must possess superior written and oral communication skills
· Must be able to solve problems and deal with a variety of situations
· Must present an overall professional appearance
· Must be able to work weekends, holidays and nights as scheduled
· Must be able to successfully pass a background check [and receive a license from the DE Lottery]
· Must be able to speak, read and write English