Bally's Corporation

Manager of Payments and Treasury

Bally's Corporation • $100K — $115K *
Providence, RI 02902In-Person
Finance & Insurance
Less than 5 years of experience
2 months ago
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in treasury operations or cash management roles.
  • Strong proficiency in Excel for maintaining complex financial models.
  • Solid understanding of debt management and cash forecasting techniques.
  • Excellent communication skills for interaction with internal teams and external banking partners.
  • Detail-oriented with a proven track record in process improvements.

Responsibilities

  • Supervise the treasury team to manage daily cash activities and liquidity.
  • Manage short-term cash forecasts for timely payments and operational needs.
  • Prepare and maintain debt schedules and handle interest expense calculations.
  • Ensure compliance with financial policies and prepare cash flow reports for management.
  • Lead the payments team in overseeing global transactions including ACH and wire transfers.

Benefits

  • Opportunity to lead and develop a team in a dynamic environment.
  • Engagement in strategic decision-making related to cash management and funding.
  • Exposure to both compliance and operational roles within treasury functions.
  • Scope for professional growth in financial analysis and treasury responsibilities.
Full Job Description
Responsibilities:
  • Supervise the treasury team that will oversee daily cash management activities, including monitoring cash balances and ensuring adequate liquidity.
  • Manage short-term cash forecasting to ensure timely payments and cover operating expenses.
  • Assist in executing standby letters of credit, performance bonds or similar instruments.
  • Maintain and update debt schedules, including revolvers, term loans, letters of credit, and senior notes.
  • Prepare monthly debt roll forwards and interest expense calculations.
  • Assist with quarterly debt disclosures and financial reporting footnotes.
  • Maintain and update derivatives schedules, including cross-currency swaps.
  • Validate calculations related to derivative activity and settlements.
  • Support execution and tracking of FX trades.
  • Coordinate with internal teams and banking partners on settlements and confirmations.
  • Develop and implement cash management policies and procedures to improve cash flow efficiency.
  • Assist with intercompany funding and liquidity management.
  • Supervise and manage the payments team, which will oversee global payments including ACH, wire transfers, credit card payments, checks, and international transactions.
  • Ensure compliance with internal and external financial policies and regulations.
  • Prepare regular cash flow reports and accounts receivable aging reports for senior management.
  • Provide analysis of cash flow trends and accounts receivable performance.
  • Assist in the preparation of month-end and year-end financial reports, including reconciliations.
  • Provide recommendations for process improvements based on reporting and analysis.
  • Lead, train, and motivate the payments and treasury teams.
  • Ensure compliance with company policies, accounting standards, and relevant regulations.
  • Participate in audits and provide necessary documentation to auditors.
  • Assist in treasury management and funding decisions as required.
  • Other duties as assigned

Competencies:
  • Excellent analytical and problem-solving skills.
  • Advanced Excel skills (ability to maintain and analyze complex models).
  • Strong understanding of interest calculations, amortization schedules, and debt roll forwards.
  • Experience supporting treasury operations and cash management.
  • Strong communication and interpersonal skills.
  • Detail-oriented with a focus on accuracy and process improvement.
  • Ability to manage multiple tasks and prioritize effectively in a fast-paced environment

Compensation:
  • $100,000- $115,000 Annual Salary
  • Bonus Eligible

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

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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