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Technical Accounting Manager - Bally's Corporation

Job ID:

69384

Job Title:

Technical Accounting Manager

Company:

Bally's Corporation

Location:

Providence, Rhode Island 02903
United States

Date Posted:

Jun 27, 2022

Ending Date:

Jul 27, 2022

Type of Position:

Full Time

Category:

Accounting & Finance

Job Description

The Manager of Technical Accounting, Policy and Research will be responsible for maintaining the Company’s accounting website and accounting policy manual along with other related procedural and policy manuals. This role will conduct accounting research and provide technical accounting support to cross-functional team members. This role will review and advise on unique and complex transactions for appropriate GAAP treatment, lead the Company’s efforts on the adoption and implementation of new accounting pronouncements and will partner with the external reporting team to ensure that required disclosures are complete and accurate in the Company’s publicly filed financial statements (Form 10-Qs and Form 10-Ks). This role reports to the Director of Corporate Accounting – Technical Accounting & M&A and will partner extensively with others in multiple areas of the business including external reporting, corporate accounting, finance, and tax.

 

Responsibilities

  • Develop and maintain the Company’s Accounting Website, Accounting Policy Manual and other related policy and procedural manuals.
  • Research unique or complex transactions contemplated and/or entered into by the Company to determine appropriate accounting treatment.
  • Prepare accounting analysis and memorandums to support accounting positions taken by the Company.
  • Lead the Company’s accounting procedures under ASC 805 along with the preparation of opening balance sheet and valuation procedures of acquired companies, working with external valuation experts and other advisors as appropriate.
  • Prepare annual and interim goodwill and long-lived asset impairment assessments.
  • Review and document the Company’s accounting for lease arrangements under ASC 842.
  • Serve as the main technical contact for the annual external audit and quarterly reviews through communication with external auditors and preparation of analysis and documentation.
  • Monitor FASB and SEC developments to identify and document the potential impact of new pronouncements or other authoritative guidance to the company’s global operations
  • Lead Company efforts related to the implementation of new accounting pronouncements and disclosure requirements, as needed.
  • Prepare and/or review Form 10-Q and Form 10-K disclosures on accounting policies and pronouncements, complex transactions or other disclosures as assigned.

Competencies

  • Strong U.S. GAAP and SEC acumen and understanding of accounting and financial reporting matters.
  • Decision making and strong analytical skills.
  • Communication Proficiency.
  • Strong documentation and communication skills and the ability to present findings to management.
  • Highly self-motivated and directed with keen attention to detail.
  • Ability to work independently but also collaboratively with others to achieve the common goal.
  • Effective time management skills, ability to prioritize assignments and consistently meet deadlines.
Requirements

GAMING INDUSTRY EXPERIENCE IS PREFERRED

Qualifications

  • Bachelor’s degree in Accounting or related, accredited field required
  • 4+ years experience in a Big 4 public accounting firm and/or a public company environment.
  • Experience in Technical Accounting and SEC Reporting required
  • CPA certification required
  • Experience in Foreign Currency accounting, business combinations (ASC 805), revenue recognition (ASC 606), lease accounting (ASC 842), and Equity method investments (ASC 323) preferred
Additional Information

Salary:  $125,000 / Year

 

All applicants must be able to demonstrate their US work authorization during the employment verification process.

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Company Information
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Bally’s Corporation
100 Twin River Road
Lincoln, RI 02865
Web:  
https://www.ballys.com

Bally's Corporation is a global casino-entertainment company with a growing omni-channel presence of online sports betting and iGaming offerings. It currently owns and manages 14 casinos across 10 states, a horse racetrack in Colorado and has access to OSB licenses in 16 states. It also owns Gamesys Group plc, a leading, global, online gaming operator, Bally Interactive, a first-in-class B2B2C sports betting platform, Monkey Knife Fight, the fastest growing daily fantasy sports site in North America, SportCaller, a leading, global B2B free-to-play game provider, and Telescope Inc., a leading provider of real-time fan engagement solutions.

With approximately 10,000 employees, the Company’s operations, include approximately 15,800 slot machines, 500 table games and 5,300 hotel rooms. 

Upon closing the previously announced Tropicana Las Vegas (Las Vegas, NV) transaction, as well as completing the construction of a land-based casino near the Nittany Mall in State College, PA, Bally’s will own and manage 16 casinos across 12 states. Bally's also maintains a multi-year market access partnership with Elite Casino Resorts through which it will provide mobile sports betting in Iowa. The Company also maintains a temporary sports wagering permit to conduct online sports betting in the Commonwealth of Virginia. Its shares trade on the New York Stock Exchange under the ticker symbol "BALY".

Properties include Twin River Casino Hotel (Lincoln, RI), Tiverton Casino Hotel (Tiverton, RI), Hard Rock Hotel & Casino (Biloxi, MS), Casino Vicksburg (Vicksburg, MS), Eldorado Resort Casino Shreveport (Shreveport, LA), Dover Downs Hotel & Casino (Dover, DE), Bally's Atlantic City (Atlantic City, NJ), Casino KC (Kansas City, MO), Bally’s Black Hawk North Casino (Black Hawk, CO), Bally’s Black Hawk West Casino (Black Hawk, CO), Bally’s Black Hawk East Casino (Black Hawk, CO), Arapahoe Park Racetrack (Aurora, CO), MontBleu Casino Resort & Spa (Stateline, NV), Tropicana Evansville (Evansville, IN), Jumer's Casino & Hotel (Rock Island, IL), and Tropicana Las Vegas Hotel & Casino (Las Vegas, NV).