JOB TITLE: Chief Financial Officer
DEPARTMENT: Executive
REPORTS TO: President & CEO
To Apply send resume with contact information directly to:
Cheri L Donovan (KHRGC), Cheri.Donovan@ky.gov
The CFO will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the corporation. Lead and manage the Accounting, Financial, Purchasing, Human Resources, and Asset Management functions of the KHRGC. Develop and maintain systems of internal controls to safeguard financial assets of the company and ensure compliance with all applicable laws, regulations, and policies. Develop and promote a framework to drive financial acumen and accountability across the organization. Assume a strategic role in the overall management and growth of the corporation. Assist in formulating the company’s future direction and supporting tactical initiatives. Develop performance measures that support the KHRGC’s strategic direction.
The Kentucky Horse Racing and Gaming Corporation (KHRGC) is an independent corporation and public agency of the Commonwealth, charged with regulating horse racing, pari-mutuel wagering, and sports wagering in the Commonwealth
DUTIES AND RESPONSIBILITIES
• Serve as advisor to the President & CEO, Chief Operating Officer, Board of Directors, Finance Committee and other members of Senior Management on operational, policy and financial matters. Staff, advise, and coordinate the Finance Committee.
• Develop and implement financial strategies, plans, and budgets to achieve the KHRGC’s financial goals.
• Manage day-to-day operations of all finance-related matters, including accounting, finance, purchasing, and human resources.
• Establish and implement short- and long-range goals, objectives, policies and operating procedures which are in line with the needs and mission of the organization and as required by law. Actively coach and guide direct reports.
• Oversee financial planning, analysis, and reporting, ensuring accuracy and compliance with regulatory requirements.
• Long-term and tactical planning, and organizational performance measures.
• Prepare, present and monitor annual corporation operating and capital budgets.
• Develop and monitor all financial policies and procedures for the Corporation.
• Serve as member of KHRGC executive team.
• Serve as a liaison with applicable state agencies, including the Auditor of Public Accounts, the Controller, the State Budget Office, and the Finance and Administration Cabinet. Develop and maintain an effective relationship with policy makers and related staff. Monitor legislative activities.
KNOWLEDGE AND EXPERIENCE
• Bachelor’s degree in business, accounting, finance, or other related field.
• Minimum ten year's experience in accounting or finance. Minimum of five years of experience in a senior management level position with leadership skills.
• Possess comprehensive knowledge of the principles and practices of corporate finance.
• Experience in governmental or quasi-governmental organizations preferred.
• Proficient in automated financial and accounting reporting systems.
• Excellent verbal and written communication skills.
• Excellent leadership, interpersonal and teambuilding skills.
SUPERVISORY RESPONSIBILITIES AND COMPENSATION
• Manage outsourced finance and accounting services partner.
• In collaboration with the COO, manage outsourced human resource partner.
• Manage direct reports.
• Compensation range: $150,000 - $200,000
• Participation in the Kentucky Employees Retirement System.
Eligible to participate in Kentucky state health benefits, life insurance and deferred compensation programs.
