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Director of Consolidations

Bally's Corporation

Providence, RIFull-time$150–160K/yrPosted 1w agoVerified open 4 days ago
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At a glance

Compensation
$150–160K/yr
Location
Providence, RI
Schedule
Full-time
Work Authorization
Not specified

Job overview

Bally's Corporation is hiring a Director of Consolidations. The Director of Consolidations leads Bally's global consolidation efforts, overseeing senior accountants and analysts to produce accurate subsidiary and segment reporting. They ensure timely preparation of balance sheets, income statements, cash flow statements, and SEC filings, while managing intercompany processes, GAAP conversions, and system improvements.

Key focus areas include Direct the Company’s global consolidation process, supervising 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, and Review and approve IFRS-to-U.S. GAAP consolidation adjustments and reconciling entries for foreign subsidiaries, documenting key GAAP differences.

Important skills include Global Consolidation Process, Consolidating Balance Sheets, Income Statements, Statements Of Cash Flows, IFRS, and U.S. GAAP.

Skills & qualifications

RequiredNice to have

Skills

Global Consolidation ProcessConsolidating Balance SheetsIncome StatementsStatements of Cash FlowsIFRSU.S. GAAPGAAP DifferencesRevenue RecognitionLeasesFinancial InstrumentsDeferred TaxesConsolidation Adjustment ProcessElimination EntriesIntercompany EliminationsCurrency Translation AdjustmentsEquity Roll-ForwardsJournal EntriesAccount ReconciliationsIntercompany Accounting ProcessIntercompany BillingNetting/SettlementElimination of Intercompany Balances and TransactionsMonthly, Quarterly, and Annual Consolidation CloseConsolidated Reporting PackagesManagement Commentary on Financial ResultsVariance AnalysisSEC FilingsForms 10-QForms 10-KExternal Audit LiaisonForeign Currency TranslationConsolidation SystemsChart of Accounts StructureAccounting Changes Related to Consolidation MattersState and Other Regulatory Financial Statement RequirementsAnnual Statutory Financial AuditsRegulatory/Compliance Audits

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%

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