DIRECTOR OF FINANCE

Description

Director of Finance

Louisiana Downs Casino & Racetrack
Location: Bossier City, Louisiana
Department: Finance
Reports To: Executive Leadership

Position Summary

This position is responsible for financial planning, budgeting, forecasting, financial reporting, internal controls, regulatory compliance, and the overall financial health of the property.

The ideal candidate will possess strong leadership and analytical skills, experience in gaming or hospitality finance, and a working knowledge of racing accounting, including the financial operations associated with live racing, purses, horsemen’s accounts, racing commissions, and meet-related expenses.

Essential Duties and Responsibilities

• Oversee all financial operations, including accounting, financial reporting, budgeting, forecasting, accounts payable, accounts receivable, payroll accounting, and general ledger management.
• Prepare and analyze monthly financial statements, management reports, variance analyses, and financial performance indicators.
• Develop annual operating budgets, capital expenditure plans, cash flow projections, and financial forecasts in collaboration with department leaders.
• Oversee casino accounting processes, revenue reconciliation, gaming-related financial controls, and compliance with applicable regulatory requirements.
• Manage racing accounting functions, including purse accounting, horsemen’s accounts, racing commissions, live racing revenue, meet expenses, and related financial reporting.
• Monitor operating expenses, identify cost-saving opportunities, and recommend strategies to improve profitability and operational efficiency.
• Maintain effective internal controls, financial policies, and procedures to protect company assets and ensure accurate financial records.
• Coordinate audits, tax reporting, regulatory submissions, and requests from external auditors, ownership, and regulatory agencies.
• Ensure compliance with applicable federal and state requirements, gaming regulations, accounting standards, and company policies.
• Partner with executive leadership and department heads to evaluate financial performance, support business decisions, and align financial objectives with operational goals.
• Lead, develop, and mentor the Finance Department team, promoting accountability, accuracy, collaboration, and continuous improvement.
• Oversee cash management, banking relationships, financial risk assessments, and the timely completion of financial close processes.
• Evaluate financial systems, reporting tools, and accounting procedures to improve efficiency, transparency, and accuracy.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field required.
• Minimum of 5–7 years of progressive accounting or finance experience, with leadership or management experience preferred.
• Experience in casino gaming, racetrack operations, hospitality, or a similarly regulated industry strongly preferred.
• Knowledge of racing accounting and the financial processes associated with live horse racing is strongly preferred.
• Demonstrated knowledge of generally accepted accounting principles (GAAP), budgeting, forecasting, financial analysis, and internal controls.
• Experience with financial reporting systems, accounting software, and Microsoft Excel.
• Strong understanding of audit preparation, regulatory compliance, cash management, and financial risk controls.
• CPA, CMA, or other relevant professional certification preferred.

Skills and Competencies

• Strong financial analysis, problem-solving, and decision-making abilities.
• Excellent leadership, communication, and interpersonal skills.
• High level of integrity, confidentiality, accuracy, and attention to detail.
• Ability to manage multiple priorities and meet strict reporting deadlines.
• Ability to communicate complex financial information clearly to executive leadership and operational teams.
• Strong organizational skills and the ability to work effectively in a fast-paced casino and racetrack environment.
• Ability to identify financial trends, assess risks, and develop practical recommendations that support business performance.

Work Environment

This position operates within a fast-paced casino and racetrack environment and requires collaboration across multiple departments. Flexibility may be necessary to support month-end closing, audits, live racing operations, special events, and other business demands.

Equal Employment Opportunity

Louisiana Downs Casino & Racetrack is an equal opportunity employer. Employment decisions are made in accordance with applicable federal and state laws and company policies.