As one of NYRA’s most senior accountants, the Accounting Manager- Racing/Simulcasting plays a critical role in preparing and analyzing financial statements in a timely fashion; reports to the Assistant Controller and works closely with the Corporate Controller, CFO, and other members of NYRA’s finance team. The position manages a revenue analyst and NYRA’s component units, offering guidance about policies and procedures and Generally Accepted Accounting Principles (GAAP). Responsibilities:
Participate in financial reporting, including preparation of financial statements in accordance with GASB standards; draft monthly MD&A, and draft quarterly reporting for distribution both internally and externally;
Take the lead on technical accounting issues, including timely research and provide accurate documentation to senior management;
Responsible for key initiatives and projects, driven by both accounting department internal needs and significant corporate directives, including creation of reporting models and metrics that will be used to evaluate key business areas;
Participate in the month end financial close process, with an emphasis in meeting all deadlines, including review of staff work papers, accuracy and completeness of accounting entries, and extensive variance analysis (year over year, and budget)
Develop and evaluate performance and workload of direct report, determine work priority, and implement changes to improve productivity and increase efficiency;
Responsible for financial reporting, including recording of monthly journal entries and transactions for component units of NYRA;
Take the lead in drafting financial statements for five defined pension plans and 401K plan, and be the key contact person for the external auditors, financial institutions and actuaries.
The Accounting Manager is expected to oversee a revenue analyst and work closely with the ADW department to properly account for NYRA’s component units, but will also work extensively with the entire accounting team, as well as other internal departments, financial planning and analysis, and external auditors.
Education: A Bachelor’s Degree in accounting or equivalent
Experience: CPA or MBA is required; Minimum of two years of experience at a strong (ideally a “Big 4” accounting firm) and three years of experience in corporate accounting.
Other Requirements: Knowledge of Generally Accepted Accounting practices and principles; Knowledge of internal controls over financial reporting; Knowledge of applicable laws, codes and regulations; Knowledge and experience of related computer applications