POSITION OPEN UNTIL FILLED
HIRING SALARY RANGE:
$70,000.00 - $80,000.00
(BASED ON QUALIFICATIONS AND EXPERIENCE)
The expectation of this position is to perform professional level work in the areas of budget development; capital asset management; debt service & bond fund administration and compliance; financial analysis and reporting; foreign currency; interpretation of financial data and trends, investments and cash management, revenue collection, etc. The successful Financial Analyst ensures the integrity of data provided and provides direct support to Finance Management in achieving the mission and goals of the LVCVA.
Examples of Duties
ESSENTIAL DUTIES AND RESPONSIBILITIES
Ambassador will be assigned any combination of the following duties with primary or supporting responsibility as determined based on operational demands:
- Capital Asset Management – Assists with the oversight of the asset management function of capital assets. Ensures asset valuation, capitalization, and preparation of depreciation and amortization schedules. Monitors capital leases. Ensures adherence to federal and state laws as well as internal policies and procedures. Coordinates activities involved with maintaining a fixed asset inventory and manages tracking, controlling, and disposing of fixed assets in a manner that safeguards and allows for sound management of the LVCVA's investments.
- Financial Analysis and Reporting – Prepares various difficult and complex financial reports, ad-hoc reports, and supporting schedules for the comprehensive annual financial report (CAFR) in accordance with Nevada Revised Statutes (NRS), Generally Accepted Accounting Principles (GAAP), and Governmental Accounting Standards Board (GASB) standards. Supports annual independent audit and compilation of CAFR.
- Debt Service Administration and Compliance - Monitors outstanding bonded debt obligations. Ensures availability of funds to meet debt payment schedule. Monitors investment and use of bond proceeds and consults with management to ensure compliance with use per covenants and GAAP. Tracks bond activity, including payments, receipts, and arbitrage.
Ensure proper internal controls, safeguard assets and reduce liability for the LVCVA through accurate and timely tracking of bond activity.
- Budget – Leads the budget development process and training for all departments. Prepares and compiles the annual budget book. Prepares and files tentative and final budget reports as prescribed by NRS and the Department of Taxation for public posting.
- Investments and Cash Management – Ensures safety and liquidity of Authority funds, while maximizing interest earnings through appropriate investments, in accordance with federal and state laws and internal policies. Works directly with brokers and money market managers to coordinate investment activities. Manages flow of funds to and from state investment pool in alignment with liquidity needs. Reviews daily cash balances and prepares cash flow analysis and forecasts for all funds. Works directly with bank officials, performs bank transfers, and reconciles monthly bank account statements.
- Prepare payment advices and checks – Works with Accounting and Payroll to print and/or process all bank notes, including all ACH notifications, checks, wires, positive pay files, stop payments, etc.
- Revenue Collection – Tracks monthly room tax collections, prepares reports, and communicates with other local government entities. Calculates collection allocation distribution and prepares quarterly payments. Communicates with vendors, business partners, and clients regarding payment and collection activity.
- Prepare scheduled and ad hoc reports and reconciliations monthly, quarterly and annually. Prepares ad hoc general ledger and budget reports at the request of internal customers and management as necessary to support the business. Prepares monthly, quarterly, annual and ad hoc journal entries.
- Challenges existing processes to become better by exploring opportunities for system and process improvements, maintain awareness of industry best practices, methodically exploring innovation, and manage processes through change. Identify and attend advanced training on financial reporting, budgeting, capital and complementary areas. Use knowledge as the subject matter expert for the LVCVA to ensure legal compliance and internal controls within assigned duties.
- Handle sensitive and confidential information in a discrete and professional manner while performing required duties.
- Special Projects and Other Duties – Prepares statistical analysis of data, agenda items, and budgetary recommendations, risk analysis, and proposed policy and procedure updates. Attends and participates in professional group meetings, and represents the department on committees. Performs other duties/responsibilities as assigned. Assist others as required.
Specific Job Knowledge
JOB SPECIFIC COMPETENCIES
EDUCATION AND SKILLS
Bachelor's degree in Accounting, Finance or Business Administration or related field with a concentration in Accounting from an accredited four-year college or university. Certification or other accreditation may be considered as a substitute if degree is in a different concentration.
Two years related experience performing related job duties.
Proficient in Microsoft Suite (e.g., Excel, PowerPoint, Outlook, etc.)
Proficient on office equipment
Strong written and oral communication skills providing ability to communicate in a variety of modes effectively with vendors, management, and other ambassadors
Ability to analyze and evaluate issues, resolve problems, and maintain effective working relationships with co-workers, vendors, customers, and the public
Must have a valid Nevada driver's license at time of appointment and must keep during the course of employment
CUSTOMER SERVICE EXPECTATIONS
This position is expected to provide quality financial work product in the time requested to internal/external customers, including management, through a positive, courteous, enthusiastic, and professional attitude.
At the LVCVA, safety is everyone's job. All ambassadors are expected to demonstrate a comprehensive knowledge of safe work practices and to comply with established rules, policies, procedures, and regulations. In addition, all ambassadors are responsible for eliminating and reporting hazards and incidents. We manage an environment that is safe for all and where tools, guidance and personal involvement are key to our success.
Inclusion and the embodiment of not only tolerance but a genuine appreciation for a diverse workplace is an essential element of the LVCVA's culture. Supporting and respecting the various cultural and ethnic values, behaviors, beliefs and attitudes leads to successful ambassador relations and business results. All levels of supervision are expected to ensure diversity is practiced and is a managing strength in their operation. All levels of ambassadors are expected to respect and support diversity in the workplace.
The physical demands described here are representative of those that must be met by an ambassador to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The individual in this position must be able to work in a typical office setting, use standard office equipment, including a computer; ability to read printed materials and a computer monitor; and ability to communicate in person or over the telephone. Must occasionally lift and/or move up to 25 pounds.