Senior Finance Manager

Gaming:

Welcome to the world of land-based gaming. At Light & Wonder, it’s all about the games, and our Gaming team builds cutting-edge technology, products, and content for the most iconic casinos and operators across the globe.

Position Summary

Key business partner for the Operations business responsible for the oversight of Cost of Goods Sold-related Operations spend.  Perform analyses to enable the business to make informed business decisions and identify and drive efficiencies.

Forecast labor and overhead absorption vs. actual labor and overhead for manufacturing, based upon production history and forecast. Includes new and refurb EGM’s, new and refurb Tables and Utilities and Systems.

• Partner across the Supply Chain business, providing financial guidance to optimize business profitability. In this capacity, also help to educate the business on financial matters to ensure they understand their contributions to drive business results.

• Forecasting for cost/inventory, standard cost-related items

• Analyze refurbished game costs to determine financial return on investment

• Leverage data analyses to help the business prioritize their portfolio to deliver their financial commitments

• Obsolescence/Scrap/Physical + Cycle Count Variance

• Partner with Sourcing to provide Purchase Price Variance (PPV) forecasts and analyze actuals

• Write down/up of inventory based on standard cost changes

• Work in process/manufacturing variances

• Expedited Freight

• Cross-functional business partner on rework charges for Raw Materials, WIP, etc.  Support the business in identifying risk and opportunities.                  

• Vetting of Procurement’s cost per platform forecast versus production actuals. Explaining cost variances.  Adjust cost per platform forecast when average BOM varies to actual production or when favorable vendor pricing is not achieved.

• Oracle improvement IT/Cost Accounting projects Production Review. 

• Ensure management oversight of production review and reporting that ensures costs per platform are accurate

• • Labor + Overhead burden is calculating properly per serial relative to standard build times
  • Direct materials cost is within expectation of forecasted costs per unit based upon expected standard cost changes
  • Annual Standard Cost Changes on Raw Materials
  • Ensure alignment with Procurement’s expected cost per unit   

Lead project to change standard cost changes from monthly back to quarterly to minimize the effort involved with monthly standard cost changes

Raw Materials Obsolescence Review:

• Monthly review with Inventory Planning
• Quarterly review with Shared Services Accounting – Global Close & Controls team
• Obsolescence Reviews for Used Inventory 

Qualifications

Education

• Bachelor degree in related field.

Years of Related Experience

• 5 to 8 years of relevant experience required
• Supply Chain finance experience is preferred

Preferred Traits, Knowledge, Skills, and Abilities:

• Ability to collaborate with cross-functional business partners including manufacturing, demand/supply planning, sourcing, commercial finance, purchasing, etc.
• Knowledge of ERP and financial reporting systems (e.g. Hyperion)
• Strong Excel and PowerPoint skills as well as the ability to manage large data sets.
• Experience in SQL and AI is highly preferred as these tools are most beneficial to manage and analyze our information into more manageable key takeaways
• Ability to maintain a strategic view while operating at a level of fine detail; correlate portfolio priorities and strategy to daily operations and decision making within the supply chain environment.
• Operate with a high degree of connectedness, transparency, and clarity to ensure common understanding of requirements, issues, and actions; listen to stakeholders and distill information into pertinent and actionable content.
• Ability to adapt to the pace and dynamic nature of the business; process data, information and feedback with speed and communicate outcomes, alternatives and actions plans with appropriate urgency.
• Must have a strong analytical background.

Physical Requirements:

This position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Work Conditions

Light & Wonder, Inc. and its affiliates (collectively, “L&W”) are engaged in the highly regulated gaming business. As a result, L&W employees may, among other things, be required to obtain a gaming or other license(s), undergo background investigations or security checks, and/or meet certain standards dictated by law, regulation or contracts. To ensure L&W complies with its regulatory and contractual commitments, as a condition to hiring and continuing to employ its employees, L&W requires all of its employees to meet those requirements necessary to fulfill their individual roles.  As a prerequisite to employment with L&W (to the extent permitted by law), you shall be asked to consent to L&W conducting due diligence and a background investigation on you.

This job description should not be interpreted as all-inclusive; it is intended to identify major responsibilities and requirements of the job. The employee in this position may be requested to perform other job-related tasks and responsibilities than those stated above. 
 

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Light & Wonder is an Equal Opportunity Employer and does not discriminate against applicants due to race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. If you’d like more information about your equal employment opportunity rights as an applicant under the law, please click here for EEOC Poster.