Bally's Corporation

Director of Consolidations

Bally's Corporation • $150K — $160K *
Providence, RI 02902In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-10 years of experience in corporate accounting or finance roles
  • Strong knowledge of IFRS and U.S. GAAP accounting principles
  • Proficiency in consolidated financial reporting and analysis
  • Experience managing and leading teams in a global consolidation environment
  • Ability to liaise with external auditors and partners effectively
  • Excellent analytical and organizational skills
  • Degree in Accounting, Finance, or related field; CPA or equivalent preferred

Responsibilities

  • Direct global consolidation processes with oversight of senior accountants and analysts
  • Prepare and review consolidated financial statements across all entities
  • Approve and review IFRS-to-U.S. GAAP adjustments and reconciliations
  • Enhance the consolidation adjustment processes, including elimination entries
  • Manage intercompany accounting and ensure proper eliminations
  • Establish and enforce close timelines with regional accounting teams
  • Prepare monthly reporting packages with detailed management commentary

Benefits

  • Opportunity to work in a dynamic global environment
  • Professional development opportunities through continuous improvement initiatives
  • Collaborative environment with cross-functional teams
  • Engagement with external auditors and international finance teams
  • Exposure to complex financial challenges in a growing organization
Full Job Description
Responsibilities:
  • Direct the Company's global consolidation process, including supervision of consolidations senior accountants/analysts responsible for subsidiary and regional reporting packages
  • Own the preparation and review of consolidating balance sheets, income statements, and statements of cash flows across all domestic and international subsidiaries and operating segments
  • Review and approve IFRS-to-U.S. GAAP consolidation adjustments and reconciling entries for foreign subsidiaries, including identification and documentation of key GAAP differences (e.g., revenue recognition, leases, financial instruments, deferred taxes)
  • Maintain and enhance the consolidation adjustment process, including elimination entries, intercompany eliminations, currency translation adjustments, and equity roll-forwards
  • Review and post journal entries and account reconciliations prepared by consolidations staff, ensuring adherence to proper accounting methods and policies across the organization's entities
  • Manage the intercompany accounting process, including intercompany billing, netting/settlement, and elimination of intercompany balances and transactions upon consolidation
  • Ensure timeliness and accuracy of the monthly, quarterly, and annual consolidation close by establishing, communicating, and enforcing close calendars and deliverables with subsidiary and regional accounting teams
  • Prepare monthly consolidated reporting packages and management commentary on financial results, including variance analysis at the consolidated and segment level
  • Oversee preparation of quarterly consolidating financial statement and footnote support packages used in the Company's external SEC filings (Forms 10-Q and 10-K)
  • Serve as a key liaison with external auditors on consolidation, intercompany, and foreign currency translation matters
  • Partner with international finance teams to ensure local-GAAP-to-U.S.-GAAP/IFRS conversion packages are complete, accurate, and submitted timely for consolidation
  • Support the maintenance and continuous improvement of consolidation systems and chart of accounts structure to ensure scalability across a growing global entity structure
  • Partner with other finance/accounting team members to action accounting changes related to consolidation matters, including scope changes, acquisitions, divestitures, and entity restructurings
  • Assist in the the preparation of certain State and other regulatory financial statement requirements
  • Assist in the annual statutory financial audits and, as needed, on periodic regulatory/compliance audits

Compensation:
  • $150,000- $160,000 Annual Salary
  • Bonus Eligible up to 25%


About Bally's Corporation

Bally's Corporation is a holding company that owns and manages 11 casinos across seven states. The company was founded in 1975 and is headquartered in Reno, Nevada. Bally's casinos offer a variety of gaming options, including slot machines, table games, and sports betting. The company also operates a horse racing track in New Jersey. In 2020, Bally's Corporation acquired the sports betting platform Bet.Works and plans to expand its online gaming offerings. The company is publicly traded on the New York Stock Exchange under the ticker symbol BALY.
Learn more about Bally's Corporation
Size
4,800 employees
Market Cap
$877 million
Industry
Consumer Technology
Net Income
-$5.4 million
5 Year Trend
+26.1%
Revenue
$372.7 million
* Ladders Estimates

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