Chief Financial Officer

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Overview

The Chief Financial Officer is responsible for the strategic and financial planning and analysis of all activities and departments for Rio Las Vegas Hotel & Casino. This includes overseeing the development and implementation of strategies to increase revenue and profitability, managing budgets and expenses, financial reporting, forecasting, and cost analysis. The CFO establishes accounting policies, procedures, controls and reporting systems in accordance with generally accepted accounting principles, and ensures compliance with all required regulations, laws, and company policies.

Responsibilities

• Manage all financial departments and functions of the property, including Accounting, Auditing, Count Room, Purchasing and the Warehouse.
• Demonstrate strong knowledge and understanding of operating and capital budgets and forecasts.
• Prepare budget and financial forecasts, maintain and plan control procedures, including the cost accounting system, and analyze and report variances.
• Drive the strategy and performance of the Executive Committee of monthly financial statements, guest service initiatives and company positioning.
• Responsible for the reconciliation and processing of the accounting records and general ledger.
• Has management responsibility for GL, A / P, A / R, Payroll / Benefits in accordance with generally accepted accounting principles.
• Responsible for the coordination and implementation of accounting systems and accounting control procedures.
• Provide financial planning and guidance on labor and staffing initiatives. Work with all staff to ensure maximized profits through the proper utilization of games, employee scheduling and staffing levels, and control of departmental expenses.
• Guide decisions in succession planning, culture and diversity and inclusion initiatives. Mentor and provide career pathing to team members.
• Review and approve capital improvement projects to maintain or upgrade property standards and brand image.
• Help develop and ensure that the company’s System of Internal Controls (SICS) meet or exceed the Nevada Minimum Internal Control System (MICS) with thorough knowledge of Title 31 regulations.
• Assist management in maintaining all licenses, permits, insurance and contracts.
• Identify and adapt to changes in the economic climate and / or company profits and pivot accordingly.
• Ensure compliance with Gaming Lease Agreement.
• Interact daily with all levels of staff to maintain open communication and collect feedback for analysis (F&B, revenue management, casino operations, hotel operations, security, etc.).
• Develop annual business plans and budgets and effectively perform against plan.
• Understand and comply with all gaming regulations including Title 31, SICS, and MICS regulations.
• Perform other reasonable duties and responsibilities as assigned.

Qualifications

Preferred

Certifications, Licenses, Registrations

Physical Requirements

Working Conditions

Equal Opportunity Statement

Rio Las Vegas is an equal opportunity employer that is committed to diversity and inclusion. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy or any other protected characteristic as outlined by federal, state or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training and apprenticeship. Rio Las Vegas makes hiring decisions based solely on qualifications, merit and business needs at the time.

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