Financial Analyst - Co-Op

Our rich history is a big part of who we are. With historic roots dating back over 135 years, Woodbine is steeped in tradition. We have been the engine that drives the Ontario horse racing industry, creating winning experiences for all our guests. We are also currently on an amazing 20-year journey to ‘build a city within a city’ and transform the largest privately held land in Toronto into one of Canada’s premiere entertainment destinations. This journey will unlock the value of approximately 700 acres of land, leading to job creation and the revitalization of our communities, while enhancing our ability to share the thrill of horse-racing and cementing our place as an entertainment powerhouse. We also take care of our PEOPLE. Here are some of the things we offer: Full Group Benefits Plan Pension Paid Vacation Discounts on Food Ontario Attractions Discount Free Parking Opportunities for Advancement Social Responsibility Initiatives We need dedicated people to join our cause. Be part of Woodbine Entertainment and get inspired to make work awesome!Our Values & Beliefs| WOW EVERY GUEST | OWN IT! | LISTEN & CONNECT – PEOPLE MATTER | FUEL THE FUN & PASS IT ON | TRUST IN OUR TEAM | #WE CARE | PURSUE YOUR POTENTIAL |BE BOLD| BE ALL IN | POSITION OVERVIEW This position is an integral part of the finance team, reporting directly to the Finance Manager of Hospitality Operations. The individual would be responsible for the audit of hospitality sales, preparation and distribution of the monthly departmental financial statements, the period end inventory process, the monthly merchandise cost calculation and reporting, month end journal entries, balance sheet account reconciliations, and Gaming Partner invoicing. The individual would also be involved in corporate initiatives to improve reporting and analytics, system integrations, streamlining of processes and improve customer service requirements. KEY RESPONSIBILITIES Perform daily audits for all hospitality locations and reconcile each server’s daily package to ensure accurate reporting of sales and payments.Prepare monthly inventory and contribution margin analysis. Calculate the monthly merchandise cost using Yellow Dog Inventory system.Prepare and distribute the preliminary and final merchandise cost reports and outlet reports for all hospitality locations.Prepare month end journal entries related to Hospitality, Retail and Sponsorship business.Prepare and distribute the Gaming Partner monthly invoices for Woodbine and Mohawk with sufficient documentation and supporting calculations.Perform month end variance analysis on departmental P&L. Participate in the annual Hospitality, Gift Shop and Sponsorship budget process.Prepare balance sheet account reconciliations.Other duties as required. QUALIFICATIONS Advanced MS Excel skills.Strong working knowledge of accounting software, preferably Microsoft Dynamics 365.Sound knowledge of accounting, inventory, and costing principles.Ability to work on multiple deliverables and to effectively prioritize tasks to meet deadlines with limited supervision.Excellent communication skills and ability to maintain and influence internal and external relationships.Strong initiative, investigative, and analytical skills. EDUCATION AND EXPERIENCE Post Secondary education in Accounting or Business.Experience in the hospitality industry would be an asset. WORKING CONDITIONS This position currently has the option of working hybrid between the Woodbine Racetrack office and home. Normal office environment where there is little physical discomfort due to temperature, dust, noise and the like. This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be asked to perform other duties as required.