Exec Dir Accounting

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

Job Profile Title:

Exec Dir Accounting

Job Code:

19319

Profile Title:

19319 Exec Dir Accounting

Grade / Band:

L4

FLSA Status:

Exempt

The Executive Director of Accounting Services is responsible in the development, implementation and control of the department's strategic goals and objectives while developing a leading, scalable shared service model. Has oversight of a comprehensive accounting service provider with responsibility for accounting and financial reporting strategy, processes, procedures and practices.  Oversees the departmental and functional procedures, internal controls, and reporting conform to company procedures, corporate policies, and state and federal regulations and statutes while directing specific areas within the overall Accounting Services department.

Maintains an understanding of Finance concepts, methods, standards, principles, and technology, and makes sound decisions and recommendations based on that understanding

Possesses and applies a comprehensive knowledge of current and evolving best practices and industry trends

Serves as a Finance thought leader and technical resource for the department, division, and/or enterprise

Supports and applies strategic plan for the Accounting Services Department consistent with the strategic vision of MGM Resorts International (Financial Shared Services) FSSC

Has a comprehensive understanding of Finance role, contributes to meeting business objectives, and partners with leaders  to set strategic direction of MGM Resorts

Guides and influences people, processes, and resources to support the best interests of the business. Builds trusting  relationships with business leaders and partners

Communicates Finance-related concepts efficiently and effectively

Thinks analytically, focuses on the big picture, and is able to drill into the detail and understand the impact

Understands how the business works and the upstream and downstream activities that impact and are impacted by  Finance

Adapts to shifting priorities while maintaining focus on the broader business

Executes strategic plan for the Accounting Services Department consistent with the strategic vision of the MGM Resorts  FSSC

Directs the development and monitoring of department fiscal budgets as well as Accounting Services operations, processes,  and strategies for multiple business units/properties

Oversees and participates in the research, development, evaluation, and implementation of new products, services, technology, and processes to ensure MGM Resorts competitive position and in anticipation of changing customer needs within the dynamic hospitality/gaming environment

Directs Human Resources responsibilities for the Accounting Services Department to include: creating a work environment  that promotes teamwork, performance feedback, recognition, mutual respect and employee satisfaction; quality hiring,  training, and succession planning processes that encompass the company’s diversity commitment; adherence to the  company’s status quo third party representation philosophy; compliance with company policies, legal requirements, and  collective bargaining agreements

Leads and executes the implementation and measurement of guest service standards within the Accounting Services Department consistent with the company’s core service standards and brand attributes

Supervises and provide support, training, mentoring, and development to reporting staff on an ongoing basis to ensure the  department performs at a maximum performance level. Plans, schedules, and directs the staff to promote efficiency in  completing their job responsibilities

Oversees work of the department to ensure the timely reporting of accurate financial information for business  units/multiple properties and FSSC to protect the MGM Resorts assets and safeguard from possible regulatory violations,  fraud, or misappropriation

Reports all irregularities immediately to senior management as appropriate

Oversees activities and production of documents for business units/multiple properties and FSSC in response to requests from internal auditors, independent auditors, and local, state, and federal agencies

Development and review of departmental budget, and tracking actual vs. budgeted costs

Consults 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

Lead, drive, communicate and be accountable for shared service strategies that deliver high quality, cost effective and value  support services across the Corporation

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

Oversees all functions of the Accounting Services Department in accordance with MGM Resorts policies and procedures,  city, state, and federal laws.

Advanced knowledge of generally accepted accounting principles (GAAP), accounting practices and theories; working  knowledge of FASB pronouncements and IFRS

Advance knowledge of preparation and review of general ledger account reconciliations

Familiar with monthly, quarterly financial reports including P&L review

Leads and executes change management and continuous process improvement initiatives

Performs other job-related duties as requested

Proof of eligibility to work in the United States

Bachelor's Degree

Required

4+ Years of Prior Relevant Experience

Operations experience or an equivalent combination of education, training, and experience,

Required

Advanced Degree

Preferred

Knowledge and experience with MGM Resorts International financial systems (Infinium, Kronos, AS400, Showcase Strategy, Cognos Finance, Cognos BI,ACL , Reporting Manager)

Preferred

Previous experience working in a similar resort settings

Preferred

Sets direction and makes informed decisions that enhance financial and operational performance. Demonstrates highly effective critical thinking skills. Seeks out and leverages information and data to inform business strategies

Creates a culture of high- performance and employee engagement. Assesses skills of team members and provides developmental opportunities to enhance current and future performance. Holds self and others accountable and enforces high standards. Coaches and mentors others and provides candid and constructive feedback. Leverages employee differences and diversity of thought

Creates an environment in which creativity and innovation are the norm and change is not only accepted but encouraged. Takes appropriate risks and encourages others to do so. Demonstrates an ability to facilitate and lead through change

Proactively seeks input from others, leveraging diversity and individual expertise.  Communicates effectively, providing the right message to the right audience at the right time. Develops, maintains, and leverages a network built on trust within and outside of the company in support of initiatives. Demonstrates tact and diplomacy, and honors commitments to others

Sets a forward-thinking vision and drives the organization to meet that vision. Makes difficult or unpopular decisions for the good of the business. Displays personal resilience and is not discouraged by resistance or obstacles. Demonstrates ethical behavior and integrity regardless of the situation. Exhibits professionalism, flexibility, confidence, and composure

Intellectually curious and continually seeks self-improvement. Actively asks for and acts upon feedback from others. Consistently works to enhance leadership skills, technical skills, and community involvement

Understands, communicates, and acts in accordance with the company’s core values (teamwork, integrity, and excellence) and demonstrates their connection to the success of the business. Incorporates Corporate Social Responsibility pillars (volunteerism and philanthropy, engagement, purpose, respect, and sustainability) into the business culture

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

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

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