Manager, Finance and Purchasing jobs in United States
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Churchill Downs Racetrack · 16 hours ago

Manager, Finance and Purchasing

Churchill Downs Racetrack, the world’s most legendary racetrack, is seeking a Purchasing and Finance Manager. This role is responsible for overseeing the procurement process, managing vendor relationships, and ensuring efficient purchasing and management of goods and services to support the property’s operational needs.

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Growth Opportunities

Responsibilities

Manage the procurement process for Churchill Downs Racetrack, including sourcing, negotiating, and purchasing goods and services such as equipment, supplies, and maintenance services
Develop and maintain strong relationships with vendors to ensure competitive pricing, high-quality products, and timely deliveries
Conduct regular vendor evaluations to assess performance and adjust contracts or relationships as necessary to meet organizational needs
Ensure all purchases are compliant with company purchasing policies and procedures
Facilitate the reconciliation of vendor invoices
Work closely with the Finance team to ensure that discrepancies are resolved in a timely manner and that invoices are paid on time
Identify cost-saving opportunities through efficient purchasing practices
Monitor purchasing expenditures to ensure that they remain within the allocated budgets
Proactively analyze trends in spending and recommend strategies to reduce costs or improve efficiency
Oversee RFPs and be the first reviewer of all proposals received
Ensure compliance with local regulations, industry standards, and internal policies related to purchasing and financial transactions
Prepare and present reports on purchasing activity, cost savings, and invoice reconciliation progress to management
Support the Finance team with capital expenditure budgeting as well as managing progress/spend
Support the Finance team with monthly close activities, including preparing journal entries as necessary for purchasing related accruals
Stay up-to-date with industry trends and best practices in procurement and property management
Work with various departments, including operations, maintenance, and accounting, to understand their needs and ensure that purchasing activities support the overall goals of the property
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and financial software (e.g., SAP Ariba, Concur, S/4 HANA)
Other duties as assigned

Qualification

Procurement managementVendor relationship managementFinancial analysisMicrosoft Office SuiteFinancial software proficiencyAnalytical skillsLeadership skillsProblem solvingProject managementCommunication skills

Required

A minimum of 5-7 years' experience in purchasing, finance, or related experience required
Ability to obtain a valid Kentucky Racing License
Excellent analytical, financial, problem solving, and strategic thinking skills
Strong demonstrated leadership skills including ability to work with a diverse team
Ability to analyze, interpret, and summarize data
Detail oriented, professional demeanor, strong organization and project management skills
Excellent financial acumen
Strong interpersonal skills, including the ability to interact effectively with senior / executive management
Excellent verbal and written communication / presentation skills
Strong work ethic and ability to cultivate working relationships throughout the organization
Strong ethics and compliance mindset
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and financial software (e.g., SAP Ariba, Concur, S/4 HANA)

Preferred

Bachelor's degree in finance or accounting preferred

Company

Churchill Downs Racetrack

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Horse racing in Kentucky dates back to 1789, when the first race course was constructed in Lexington.

Funding

Current Stage
Growth Stage

Leadership Team

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Casey (Cook) Ramage
VP of Marketing and Partnerships
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Chad Waits
Senior Director of Partnership Development
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Company data provided by crunchbase