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VP Finance Shared Services

J  o  b    D  e  s  c  r  i  p  t  i  o  n

 

 

 

Job Profile Title:

VP Finance Shared Services

Job Code:

12963

Business_Title

VP Finance Shared Services

Profile Title:

12963 VP Finance Shared Services

Grade / Band:

L5

FLSA Status:

Exempt

The primary purpose of this role is to assist the Senior Vice President in executing the strategy of the Finance Shared Services Center (FSSC) and oversee operating departments within the FSSC to ensure accuracy of financial information; compliance with MGM policies and procedures, compliance with SOX, gaming regulations, and other internal control requirements; and to manage personnel within the FSSC.

 

The Vice President is expected to be a progressive agent for process improvement, looking for opportunities to generate savings for the company through efficiencies and increase the effectiveness of processes, both within FSSC and in the operating areas we interact with. The Vice President will be an advocate for FSSC within MGM and externally in dealing with other shared services, gaming regulators, and others to build a network of contacts to help advance the FSSC's maturity as a shared services center and achieve the objectives of FSSC and the casino-related departments. In particular.

 

The Vice President should deliver exceptional service to our clients. The leader will work to develop employee engagement and career paths/opportunities for existing FSSC employees (particularly leadership development in EDs and Directors for succession planning), as well as design and participate in recruitment and hiring programs for new employees who fit the culture and requirements of FSSC.


Principal Duties & Responsibilities

Ensure accounting transactions within the departments supervised are timely and accurately recorded in the general ledger.

Ensure all general ledger accounts are timely, accurately and consistently reconciled for all business units.

Ensure necessary reporting is provided to all property finance related departments relying on financial data.

Ensure accounting records and practices adhere to MGM accounting policies and remain standard across all business units.

Ensure accounting and internal control processes adhere to relevant gaming regulations.

Maintain successful day-to-day operation of functions for multiple FSSC departments, while adhering to GAAP and MGM Resorts International corporate accounting policies and gaming regulations where relevant.

Oversee and direct accounting and financial reporting processes.

Design and implement programs to meet the strategic objectives of FSSC.

Demonstrate and be a role model for the MGM Resorts and FSSC core values.

Assist the SVP in communicating the strategy, objectives, results and status of FSSC programs/initiatives to senior management, key clients, other key stakeholders, department personnel; and in presentations to outside parties.

Oversee, manage and participate in projects for systems implementations.

Consult with business and other resources to gain an understanding of industry trends and new initiatives. Make recommendations to Senior Management regarding best-practices including adoption of new trends and initiatives.

Maintain an effective relationship between FSSC, business units, corporate departments.

Maintain and enhance client service through the implementation of reporting and processing improvements as well as promotion of service-oriented approach within all functional responsibilities.

Oversee and direct the allocation of resources, performance and any competing requirements to meet internal customer expectations, SLA performance thereby enabling achievement of business case benefits realization.

Assist in the design and implementation of programs to recruit, hire and train personnel and develop leadership skills among the EDs and Directors to ensure proper succession planning.


Required for All Jobs

Performs other job-related duties as requested

Proof of eligibility to work in the United States


Education

Education Level

Education Details

Required/
Preferred

Bachelor's Degree

in accounting, finance, or business management

Required

Master's Degree

 

Preferred


Work Experience

Experience

Experience Details

Required/
Preferred

10+ Years of Prior Relevant Experience

in hospitality accounting or finance experience

Required

12+ Years of Prior Relevant Experience

in a supervisory role

Preferred


Additional Requirements

Details

Required/
Preferred

Experience using financial applications.

Required

Experience with casino management systems.

Required

Experience working with all levels of management, including executives and consulting with key business stakeholders.

Required

Experience working with gaming regulations.

Preferred

Process improvement skills/experience (Lean/Six Sigma certification).

Preferred

Strong project management skills/experience (PMP certified).

Preferred

Experience in a hotel/casino finance area.

Preferred

Knowledge and experience with MGM Resorts International financial systems (Oracle ERP/EPM, Cognos Bi, Power BI, etc.).

Preferred

Previous experience working in a similar resort setting.

Preferred

CPA.

Preferred


Knowledge, Skills and Abilities

KSAs

Demonstrated leadership skills.  Ability and desire to build and lead an effective, high-performance team. Able to design and implement programs to increase employee engagement.

Proven ability to manage personnel including successful conflict resolution, succession planning and retention planning.

Ability to work in a high stress fast paced environment managing multiple tasks, projects and personnel simultaneously.  Must possess ability to prioritize conflicting duties and maintain timeline integrity for projects and tasks.

Strong team player that has a direct approach and is solution oriented.

Ability to innovate a change management initiative while coordinating and guiding leadership resources.

Support and engage in continuous communications of varied types with Executives, stakeholders, operating business units and members of department staff.

Must possess excellent communication skills and demonstrate ability to resolve all situations in a professional manner.

Must have well developed written, verbal and public presentation communication skills. Must be able to produce reports, memos, executive summaries, and project plans.  Possess demonstrated ability to tailor communications for various audiences.

Strive for continuous improvement. Proven ability to develop and execute innovative ideas, projects and business solutions.

Strategic planning and forward/visionary thinking, as well as budget preparation and analysis.

Help set (with IT resources) the technology roadmap for casino systems that impact casino finance and accounting, as well as be proficient in assembling business case for technology investments, dealing with relevant vendors, and over-seeing technology implementations.

Proven change management abilities; demonstrated change management experience.  This should include development of solutions which require comprehensive shifts in operational practices.

Flexibility and ability to work within a fast growth environment with changing priorities.

Ability to prepare and fully analyze financial data, and make recommendations and decisions based on financial data.

Broad accounting and/or finance knowledge.

Knowledge of Excel to solve finance and business problems.

Ability to guide design and strategy for use of electronic system tools to improve process, mine data, extract and report data.

Excellent customer service skills.

Interpersonal skills to effectively communicate with all business contacts.

Ability to effectively communicate in English, in both oral and written forms.


Physical Requirements

A thorough completion of this section is needed for compliance with legal standards such as the Americans with Disabilities Act. The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Physical Requirement

N/A

Rarely

Occasionally

Frequently

Constantly

Weight/
w.p.m.

Balancing

 

 

X

 

 

 

Bending

 

 

X

 

 

 

Carrying 10 pounds

 

 

X

 

 

 

Clear speech - simple

 

 

 

X

 

 

Clear speech - complex

 

 

 

X

 

 

Climbing

X

 

 

 

 

 

Distant vision

 

 

 

X

 

 

Driving

X

 

 

 

 

 

Flexibility - upper body

 

 

X

 

 

 

Flexibility - lower body

 

 

X

 

 

 

Hearing/Listening

 

 

 

X

 

 

Kneeling

 

 

X

 

 

 

Lifting 10 pounds

 

 

X

 

 

 

Near vision

 

 

 

X

 

 

Normal vision

 

 

 

X

 

 

Pushing/Pulling

 

 

X

 

 

 

Reaching

 

 

X

 

 

 

Sitting

 

 

 

X

 

 

Standing

 

 

X

 

 

 

Typing

 

 

 

X

 

 

Walking

 

 

 

X

 

 


Work Environment

While performing the duties of this job, the associate is required to work within the selected work environments.

Work Environment

N/A

Rarely

Occasionally

Frequently

Constantly

Communication - verbal

 

 

 

X

 

Communication - written

 

 

 

X

 

Confined area

 

 

 

X

 

Contacts - works alone

 

 

 

X

 

Contacts - works around others

 

 

 

X

 

Contacts - works with others

 

 

 

X

 

Exposure to dust / dirt

 

 

X

 

 

Exposure to fumes / odors

 

 

X

 

 

Extreme cold

 

X

 

 

 

Extreme heat

 

X

 

 

 

Fast pace

 

 

 

X

 

Hazardous conditions - chemicals

X

 

 

 

 

Hazardous conditions - high structures

X

 

 

 

 

Hazardous conditions - high voltage

X

 

 

 

 

Indoors

 

 

 

X

 

Noise levels - low to moderate

 

 

 

X

 

Noise levels - high

 

 

X

 

 

Office conditions

 

 

 

X

 

Outdoors

 

 

X

 

 

Restricted area

 

X

 

 

 

Shifts

X

 

 

 

 

Smoke

 

 

X

 

 

Travel

 

X

 

 

 

Wet/Humid

 

X

 

 

 


Mental Requirements

While performing the duties of this job, the associate is required to work within the selected mental requirements.

Mental Requirement

N/A

Rarely

Occasionally

Frequently

Constantly

Analytical

 

 

 

X

 

Clerical

 

 

 

X

 

Comprehension

 

 

 

X

 

Crisis incidents

 

X

 

 

 

Customer service

 

 

 

X

 

Decision making

 

 

 

X

 

High pressure

 

 

 

X

 

Judgment

 

 

 

X

 

Long hours

 

 

X

 

 

Math skills - advance

 

 

X

 

 

Math skills - basic

 

 

 

X

 

Organization

 

 

 

X

 

Reading - simple

 

 

 

X

 

Reading - complex

 

 

 

X

 

Repetition

 

 

 

X

 

Tight deadlines

 

 

 

X

 

Writing - simple

 

 

 

X

 

Writing - complex

 

 

 

X