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VP Finance

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

 

 

 

Job Profile Title:

VP Finance

Job Code:

19330-2

Profile Title:

19330-2 VP Finance (Property)

Grade / Band:

L5

FLSA Status:

Exempt

The VP Finance reports to and partners with the Property President to set the financial policy and direction for the property. Position is an active participant in, and driver of, the organization's overall strategy. Ensures all activities performed within the department are in accordance with MGM's business objectives, budget guidelines, established safety standards, and company policies, practices and procedures.


Principal Duties & Responsibilities

Responsible for the financial management of the property, including financial analysis and projections, capital and operating  budgetary planning, productivity, revenue/expense trends analysis, financial record keeping and reporting

Accountable for the operational and gaming regulation compliance function in accordance with applicable jurisdiction gaming agencies/commissions and other governing agencies

Oversees the risk management liability exposure for the property and monitors/governs financial expenditures

Develops and implements a strategic plan and vision for the property consistent with the Company’s and property’s vision/mission and serves as a key member of the property’s Executive Committee

Serves as both a financial and operational resource to the President and operational division heads relative to the financial success and viability of the property

Provides executive oversight and direction for the Finance Division, to include: Financial Reporting, Financial Planning &  Analysis, Cage, Purchasing, Warehouse/Receiving, Risk Management, and Internal Controls & Fraud Detection

Participates in the identification and development of business partnerships and relationships which may be beneficial to the  long-term growth and success of the property

Instrumental in fostering a work environment that promotes collaboration, performance, feedback, and overall sense of  employee community

Provides leadership in the development and monitoring of fiscal budgets and operational strategies to produce both short term and long-term profitability

Works closely with department management to establish sound operational business practices and methods to ensure all  projects and assignments produce quality results, remain within budget, and meet targeted deadlines

Directs the research, development, evaluation and implementation of new products, services, technology and processes to  ensure competitive position in an ever-changing hospitality/gaming environment

Maintains effective communication with peers and subordinates

Establishes parameters that empower managers/supervisors with the authority to effectively accomplish the duties of their  assigned positions

Ensures compliance with all legal and company regulations and policies


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 or equivalent experience

Finance, Accounting, Business or related field, or equivalent experience

Required

Master's Degree or equivalent experience

Related field

Preferred


Work Experience

Experience

Experience Details

Required/
Preferred

6+ Years of Prior Relevant Experience

Finance leadership capacity

Required

6+ Years of Prior Relevant Experience

Previous operational experience in a high-volume, fast-paced environment

Preferred


Additional Requirements

Details

Required/
Preferred

Previous experience in a casino environment with high limit gaming, significant marker operations and luxury amenities

Preferred

Previous experience working in a similar resort setting.

Preferred


Knowledge, Skills and Abilities

KSAs

Demonstrated business acumen in managing finance, accounting, budgeting, controls and reporting

Strong experience setting financial policy and direction for the business

In-depth understanding of compliance processes, regulations, and guidelines

Strong ability to weigh cost factors versus operational requirements

Strong ability to analyze, decipher, and utilize statistical data

Strong written & verbal communication skills

Able to nurture and maintain strong business relationships

Able to professionally represent Empire in both the company and community

Skill set to effectively and professionally react to unplanned developments/situations

Maintain an organized and successful operation by proactively identifying the need for change

Poised, professional appearance and demeanor

Effectively communicate in English, 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

 

 

 

 

 

 

Bending

 

 

 

 

 

 

Carrying __pounds

 

 

 

 

 

 

Clear speech - simple

 

 

 

 

 

 

Clear speech - complex

 

 

 

 

 

 

Climbing

 

 

 

 

 

 

Crawling

 

 

 

 

 

 

Crouching

 

 

 

 

 

 

Distant vision

 

 

 

 

 

 

Driving - auto/van

 

 

 

 

 

 

Driving - limousine

 

 

 

 

 

 

Flexibility - upper body

 

 

 

 

 

 

Flexibility - lower body

 

 

 

 

 

 

Hearing/Listening

 

 

 

 

 

 

Kneeling

 

 

 

 

 

 

Lifting __pounds

 

 

 

 

 

 

Near vision

 

 

 

 

 

 

Normal vision

 

 

 

 

 

 

Pushing/Pulling

 

 

 

 

 

 

Reaching

 

 

 

 

 

 

Sitting

 

 

 

 

 

 

Standing - 5 hours minimum

 

 

 

 

 

 

Stooping

 

 

 

 

 

 

Typing __w.p.m.

 

 

 

 

 

 

Walking

 

 

 

 

 

 


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

 

 

 

 

 

Communication - written

 

 

 

 

 

Confined area

 

 

 

 

 

Contacts - works alone

 

 

 

 

 

Contacts - works around others

 

 

 

 

 

Contacts - works with others

 

 

 

 

 

Exposure to dust / dirt

 

 

 

 

 

Exposure to fumes / odors

 

 

 

 

 

Extreme cold

 

 

 

 

 

Extreme heat

 

 

 

 

 

Fast pace

 

 

 

 

 

Hazardous conditions - Chemicals

 

 

 

 

 

Hazardous conditions - high structures

 

 

 

 

 

Hazardous conditions - high voltage

 

 

 

 

 

Indoors

 

 

 

 

 

Noise levels - low to moderate

 

 

 

 

 

Noise levels - low to high

 

 

 

 

 

Office conditions

 

 

 

 

 

Outdoors

 

 

 

 

 

Restricted area

 

 

 

 

 

Shifts

 

 

 

 

 

Smoke

 

 

 

 

 

__% Travel

 

 

 

 

 

Vibration

 

 

 

 

 

Wet/Humid

 

 

 

 

 

Live Stream/ Video Recording

 

 

 

 

 


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

 

 

 

 

 

Clerical

 

 

 

 

 

Comprehension

 

 

 

 

 

Crisis incidents

 

 

 

 

 

Customer service

 

 

 

 

 

Decision making

 

 

 

 

 

Fatigue

 

 

 

 

 

High pressure

 

 

 

 

 

Judgment

 

 

 

 

 

Long hours

 

 

 

 

 

Math skills - advance

 

 

 

 

 

Math skills - basic

 

 

 

 

 

Memorization

 

 

 

 

 

Organization

 

 

 

 

 

Perception

 

 

 

 

 

Reading - simple

 

 

 

 

 

Reading - complex

 

 

 

 

 

Repetition

 

 

 

 

 

Safety hazards

 

 

 

 

 

Tight deadlines

 

 

 

 

 

Working conditions

 

 

 

 

 

Writing - simple

 

 

 

 

 

Writing - complex