Financial Analyst - Massachusetts Gaming Commission

Job Description - To apply online CLICK HERE

Financial Analyst, MGC - (18000288)

Description
 

The Massachusetts Gaming Commission is seeking to hire a Financial Analyst for our Racing Division. Under the direction of the Director of Racing, this position is responsible for providing a systematic review, analysis, interpretation, and evaluation of fiscal matters; records management; and related duties as assigned.

Duties and responsibilities include, but are not limited to, the following:

• Formulate, track, and maintain relevant program budgets, revenues, and expenditures
• Monitor and report on compliance of the Racing Division and its licensees with MA General Laws, Chapters 128A and 128C
• Oversee management and disbursement of statutorily-derived trust funds, purse accounts, and other accounts payables
• Oversee management of accounts receivable
• Maintain financial records and prepare related reports and correspondence
• Prepare key components of monthly, quarterly and annual reports
• Review pari-mutuel activity billing for all tracks and meet with track personnel to resolve discrepancies and approve final billing
• Submit all billing to the race tracks
• Work with outside contractor to ensure accurate tote information for billing purposes
• Review purse with tracks to ensure compliance with statutory requirements
• Calculate annual assessments at all tracks
• Review unclaimed tickets and audit reports
• Calculate quarterly local aid reports
• Oversee management and distribution of trust funds
• Work with the MGC’s Legal Department as necessary
• Review and approve pari-mutuel simulcast contracts with all export tracks
• Work directly with tote providers and track pari-mutuel managers to ensure regulations are met
• Provide and determine accurate list of all track signals and pool reports
• Present findings to the Commissioners at public meetings
• Perform other duties as assigned

Agency Overview: 

The Massachusetts Gaming Commission is responsible for the implementation of the expanded gaming law (Chapter 194 of the Acts of 2011). Under the law, the Commission is tasked with establishing a regulatory framework for the solicitation, licensing, taxation, and oversight of a maximum of three casino licenses and one slots parlor license in Massachusetts.

Qualifications
 

Skills and Qualifications

• Able to work effectively in a team environment, while maintaining a strong leadership role
• Able to read, research, and implement pertinent legislation
• Excellent mathematical and analytical skills
• Able to multi-task and prioritize
• Excellent attention to detail and organizational skills
• Willing to travel to multiple locations in MA
• Able to effectively communicate verbally and in writing
• Able to prepare and review work assignments and resolve work-related problems as they arise
• Able to maintain confidentiality of sensitive material

Experience, Education, and Training:

• A college or university bachelor’s degree in the field of finance or business administration/management preferred
• At least 5-8 years of finance and/or Pari-mutuel experience preferred
• Experience with relevant financial and office software applications, particularly Microsoft Excel and Access required
• Previous similar experience in local, state, or federal government agency setting preferred
• Previous experience in the racetrack industry preferred

Salary is commensurate with experience. 

The successful candidate will be required to pass an extensive background check that includes a full credit check, CORI, drug screen, and finger printing.

The Massachusetts Gaming Commission is responsible for the implementation of the expanded gaming law (Chapter 194 of the Acts of 2011). Under the law, the Commission is tasked with establishing a regulatory framework for the solicitation, licensing, taxation, and oversight of a maximum of three casino licenses and one slots parlor license in Massachusetts.

It is the policy of the Massachusetts Gaming Commission and the Commonwealth of Massachusetts to afford equal employment opportunities to all qualified individuals, without regard to their race, color, ancestry, religion, sex, sexual orientation, national origin, age, physical or mental disability, citizenship status, veteran status, gender identity or expression, or any other characteristic or status that is protected by federal, state, or local law.

Official Title: Sr. Financial Analyst, MGC

Primary Location
: United States-Massachusetts-101 Federal Street - Boston

Job
: Accounting and Finance

Agency
: Massachusetts Gaming Commission

Schedule
: Full-time

Shift
: Day

Job Posting
: Apr 3, 2018, 2:13:41 PM

Number of Openings
: 1

Salary
: 70,000.00 - 90,000.00 Yearly

If you have Diversity, Affirmative Action or Equal Employment Opportunity questions or need a Reasonable Accommodation, please contact Diversity Officer / ADA Coordinator: Trupti Banda - 617-979-8400

Bargaining Unit: 000-Unclassified