Director of Treasury jobs in United States
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Affinity Gaming · 1 day ago

Director of Treasury

Affinity Gaming is a company focused on gaming and hospitality. The Treasury Director will be responsible for managing treasury operations, cash management, and banking relationships, while optimizing capital structure and ensuring compliance with financial regulations.

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Responsibilities

Develop processes and reports to determine daily cash position across the organization and casino properties; track and manage intra-company funding, anticipate borrowing needs and available funds for investment
Manage all Treasury functions including incoming/outgoing banking transactions, bank account setup, structure, and review. Management of cash and debt across all ownership entities
Develop and maintain cash flow forecasts to monitor cash positions across properties and ensure optimized cash management. Understand and prepare monthly operating needs to ensure adequate liquidity for operating cash needs and proper cash holdings in interest bearing and non-interest bearing accounts
Lead weekly cash management and forecasting discussions, providing overview of historical cash activity and upcoming cash activity for properties. Lead communication of matters relating to cash flow to key stakeholders and sponsors
Calculate and process monthly cash funding for individuals, trusts and entities
Track ongoing related party notes and payables between individuals, trusts and entities
Lead development of Treasury policy, guidelines, and internal controls and ensure activities adhere to established compliance standards
Ensure full compliance with gaming regulations, anti-money laundering laws, and financial policies
Collaborate with Controller to oversee, monitor, and work to improve accounting procedures and internal controls. Manage all treasury related controls for appropriate fraud prevention measures
Oversee/supervise Treasury Manager, delegate tasks, provide guidance and review deliverables prepared by Treasury Manager
Collaborate with Shared Services Director to prioritize payments and schedule disbursements in coordination with cash flows, forecasting and vendor terms. Supervise accounts payable disbursement process
Assist with yearly audit by preparing schedules/documentation
Engage with Finance leadership and Casino teams on special projects or initiatives as requested
Continual oversight on best practices of bank accounts and operating portfolios
Support of all existing bank accounts and establishment of new bank accounts as necessary
Lead debt issuance and refinancing activities; manage covenant compliance and reporting

Qualification

Cash managementDebt financingCapital marketsRegulatory complianceTreasury principlesWeb-based banking platformsMicrosoft OfficeLeadership abilitiesProblem-solving skillsOrganizational skillsCommunication skills

Required

Bachelor's or Master's degree in Accounting or Finance
Minimum 7 Years Of Progressive Experience Within Corporate Finance/treasury
Strong understanding of cash management, debt financing, and capital markets
High level of knowledge with regards to treasury and accounting principles and practices
Possesses strong leadership, supervisory, and management abilities
Excellent problem-solving skills, along with the ability to think analytically and critically
Excellent organizational and time management skills, hands-on and self-directed
Team player comfortable working with employees at all levels of the organization
Experience with web-based banking platforms
Attention to detail, accuracy, process-oriented, and organized
High proficiency in Microsoft Office (i.e. Excel, Word)
Strong written and verbal communication skills

Preferred

Familiarity with regulatory compliance in gaming environments
CPS, CTP

Company

Affinity Gaming

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Affinity Gaming, formerly known as Herbst Gaming, is a casino operator based in Paradise, Nevada.

Funding

Current Stage
Late Stage
Total Funding
$375M
2021-06-14Acquired
2016-07-01Debt Financing· $375M

Leadership Team

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Eric Fiocco
SVP, Chief Operating Officer, Chief Marketing Officer
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Vincent Lentini
SVP Marketing / CMO
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Company data provided by crunchbase