CONTROLLER

Description

Job Title: Controller

Department: Finance

Reports To: CFO 

Position Summary

The Controller is responsible for overseeing all financial, accounting, and reporting functions for the property, with a strong emphasis on regulatory compliance, gaming operations, and pari-mutuel (racing) activities. This role ensures the integrity of financial data, adherence to internal controls, and compliance with all applicable gaming and racing regulations. The Controller will lead the accounting team and partner with operational leadership to support strategic and financial objectives.

Key Responsibilities

Financial Management & Reporting

Oversee daily accounting operations including general ledger, accounts payable/receivable, payroll, and revenue accounting.

Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.

Ensure timely and accurate financial reporting to corporate leadership and regulatory agencies.

Lead the month-end and year-end close processes.

Monitor cash flow, forecasting, and budgeting processes.

Gaming & Revenue Accounting (No table games)

Oversee accounting for slot operations, including revenue reconciliation, variance analysis, and reporting.

Ensure proper accounting controls are in place for cage and count room operations.

Review and reconcile daily revenue reports and investigate discrepancies.

Ensure compliance with all internal controls related to gaming revenue and cash handling.

Racing & Pari-Mutuel Operations

Oversee accounting and financial reporting for pari-mutuel wagering operations.

Ensure accurate recording and reconciliation of racing revenues, commissions, purses, and taxes.

Monitor compliance with state racing commission rules and reporting requirements.

Coordinate with racing operations to ensure proper financial controls and reporting of race meets, simulcasting, and off-track betting activities.

Review purse distributions and ensure accuracy and timeliness of payments.

Compliance & Internal Controls

Maintain and enforce strong internal control systems in accordance with regulatory requirements.

Ensure compliance with all applicable gaming, racing, and financial regulations.

Serve as primary liaison for internal and external audits, including gaming and racing regulatory audits.

Prepare and submit required reports to state gaming and racing commissions.

Identify and mitigate financial and operational risks.

Leadership & Team Development

Manage, train, and develop accounting and finance team members.

Establish performance expectations and conduct regular evaluations.

Foster a culture of accountability, accuracy, and continuous improvement.

Collaborate cross-functionally with department leaders to support operational efficiency.

Budgeting & Strategic Planning

Lead the annual budgeting process and ongoing financial forecasting.

Provide financial analysis and recommendations to support business decisions.

Monitor departmental performance against budget and identify areas for improvement.

Requirements

Qualifications

Bachelor's degree in Accounting, Finance, or related field required; CPA preferred.

Minimum of 5-7 years of progressive accounting experience, with at least 2-3 years in a leadership role.

Experience in casino, gaming, or racetrack operations strongly preferred.

Strong knowledge of GAAP, internal controls, and regulatory compliance.

Familiarity with gaming systems, pari-mutuel systems, and financial reporting software.

Excellent analytical, organizational, and problem-solving skills.

Strong leadership and communication abilities.

Work Environment & Requirements

Must be able to obtain and maintain all required gaming and/or racing licenses.

Ability to work flexible hours, including weekends and holidays, as needed in a 24/7 operation.

High level of confidentiality and integrity required.

Key Competencies

Financial Acumen

Attention to Detail

Regulatory Compliance

Leadership & Accountability

Strategic Thinking

Integrity & Confidentiality

LAD RESERVES THE RIGHT TO MAKE CHANGES TO THIS JOB DESCRIPTION WHENEVER NECESSARY