Chief Financial Officer (Non-Merit)

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4/19/2025 (8:00 PM EDT)

25-02188

Chief Financial Officer (Non-Merit)

Pay Grade98

Salary

$150,000.00 - $200000.00 Annually

Employment Type

EXECUTIVE BRANCH | FULL TIME | INELIGIBLE FOR OVERTIME PAY | NON-CHAPTER | 37.5 HR/WK

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Hiring Agency

Public Protection Cabinet | Kentucky Horse Racing & Gaming Corp

Location

4047 Iron Works Parkway
Lexington, KY 40511 USA

Description

The CFO will have primary day-to-day responsibility for planning, implementing, managing and controlling allfinancial-related activities of the corporation. Lead and manage the Accounting, Financial, Purchasing, HumanResources, and Asset Management functions of the KHRGC. Develop and maintain systems of internal controls tosafeguard financial assets of the company and ensure compliance with all applicable laws, regulations, andpolicies. Develop and promote a framework to drive financial acumen and accountability across theorganization. Assume a strategic role in the overall management and growth of the corporation. Assist informulating the company's future direction and supporting tactical initiatives. Develop performance measuresthat support the KHRGC's strategic direction.

DUTIES AND RESPONSIBILITIES

• Serve as advisor to the President & CEO, Chief Operating Officer, Board of Directors, Finance Committeeand other members of Senior Management on operational, policy and financial matters.
• Staff, advise, andcoordinate the Finance Committee.
• Develop and implement financial strategies, plans, and budgets to achieve the KHRGC's financial goals.
• Manage day-to-day operations of all finance-related matters, including accounting, finance, purchasing,and human resources.
• Establish and implement short- and long-range goals, objectives, policies and operating procedureswhich are in line with the needs and mission of the organization and as required by law.
• Actively coach andguide direct reports.
• Oversee financial planning, analysis, and reporting, ensuring accuracy and compliance with regulatoryrequirements.
• Long-term and tactical planning, and organizational performance measures.
• Prepare, present and monitor annual corporation operating and capital budgets.
• Develop and monitor all financial policies and procedures for the Corporation.
• Serve as member of KHRGC executive team.
• Serve as a liaison with applicable state agencies, including the Auditor of Public Accounts, theController, the State Budget Office, and the Finance and Administration Cabinet.
• Develop and maintain aneffective relationship with policy makers and related staff. Monitor legislative activities.

KNOWLEDGE AND EXPERIENCE

• Possess comprehensive knowledge of the principles and practices of corporate finance.
• Experience in governmental or quasi-governmental organizations preferred.
• Proficient in automated financial and accounting reporting systems.
• Excellent verbal and written communication skills.
• Excellent leadership, interpersonal and team building skills.

SUPERVISORY RESPONSIBILITIES AND COMPENSATION

• Manage outsourced finance and accounting services partner.
• In collaboration with the COO, manage outsourced human resource partner.
• Manage direct reports.
• Participation in the Kentucky Employees Retirement System.
• Eligible to participate in Kentucky statehealth benefits, life insurance and deferred compensation programs.

Minimum Requirements

EDUCATION:Bachelor's degree in business, accounting, finance, or other related field.

EXPERIENCE, TRAINING, OR SKILLS:Minimum ten years experience in accounting or finance. Minimum of five years of experience in a seniormanagement level position with leadership skills.

Substitute EDUCATION for EXPERIENCE:NONE

Substitute EXPERIENCE for EDUCATION:NONE

SPECIAL REQUIREMENTS (AGE, LICENSURE, REGULATION, ETC.):NONE

If you have questions about this advertisement, please contact Cheri Donovan at Cheri.Donovan@ky.gov

An Equal Opportunity Employer M/F/D