Revenue & Accounting Analyst

TwinSpires is the premier online horse racing wagering platform in the United States. TwinSpires is owned and operated by Churchill Downs, Inc., and is the official online betting partner of the Kentucky Derby, bringing you more than 148 years of wagering experience. Players can wager through the TwinSpires desktop, mobile, and app-based advance-deposit wagering platforms as well as at retail locations and race tracks across the country.

JOB SUMMARY

The Settlements Revenue & Accounting Analyst will apply knowledge of accounting processes to perform pari-mutuel invoicing and receivables activities for Churchill Downs Inc., its subsidiaries, and third-party customers. Primary responsibilities will include communicating directly with third-party customers on an ongoing basis to resolve invoicing inquiries and other related issues. This individual will also be responsible for conducting account research and analysis, performing month-end closing duties, preparing monthly invoices, processing cash payments and receipts, and preparing reconciliations of general ledger balance sheet accounts.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Communicates directly with third-party customers to research and resolve invoicing concerns and other related issues, ensuring timely resolution.
• Execute month-end closing procedures, prepare journal entries and reconciliation of general ledger balance sheet accounts on a timely and accurate basis.
• Process third-party payments and cash receipts through the company’s enterprise billing system.
• Process regulatory payments on a daily, weekly, and monthly basis as contractually and/or legally obligated.
• Assist in the monthly preparation of third-party invoices.
• Prepare the weekly payment forecast to assist in cash management.
• Maintain a monthly outstanding balance report for aging balances and communicate the status to senior management.
• Prepare ad hoc reporting and assist with other duties as required.
• Assist in identifying manual processes for automation to improve efficiency.
• Other duties as assigned by management.

REQUIRED SKILLS AND ABILITIES

• Knowledge of accounting procedures and principles (U.S. GAAP).
• Detail oriented, professional attitude, dependable, strong organization, and time management skills.
• Embraces change and willing to learn new skills, a self-starter.
• Ability to prioritize workload, multi-task and meet deadlines in a demanding environment.
• Strong work ethic and ability to cultivate working relationships throughout the organization.
• Ability to be licensed as an Employee by various racing and gaming jurisdictions in which we operate, as required. Authorized to work in the US on a full-time basis

EDUCATION AND EXPERIENCE

• Bachelor’s degree in accounting or finance required.
• Masters degree, CPA, or active pursuit of CPA preferred.
• 3-5 years’ experience in accounting, or experience in corporate accounting for a publicly traded company preferred.
• Prior experience communicating with third-party customers to research and resolve issues.
• Experience with month-end closing process, including preparation of journal entries and account reconciliations preferred.

PHYSICAL REQUIREMENTS & WORKING CONDITIONS

The following physical and mental demands are representative of those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

• While performing the duties of this job, the employee is frequently required to sit, sometimes for prolonged periods, while working at a desk, on the phone, and the computer; type on a computer keyboard; use hands to finger, handle or feel; talk or hear; reach with hands or arms; walk or stand; and perform some repetitive motion activities.
• Specific vision abilities required by this job include close vision, color vision, color differentiation, peripheral vision, depth perception, and the ability to adjust focus.
• This position requires working effectively as part of a team and concentrating on various details when faced with interruptions and changing work priorities.
• The mental demands are representative of those that must be met by an employee to successfully perform the essential functions, as described above, including but not limited to: demonstrated ability to anticipate and solve practical problems or resolve issues; reason, calculate figures and amounts; collect, interpret, and understand complex data and information, and draw valid conclusions; analyze procedures and policies; and meet schedules in a dynamic and sometimes demanding work environment.
• The noise level in this work environment is usually moderate. The work environment characteristics represent those employees encounter while performing this job's essential functions in a typical office environment.
• An employee must meet the physical demands described here to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.