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ACCOUNTANT ADVANCED Gaming Accountant

State of Maryland

Full time Posted: 4 hours ago Other

Hiring from: United States

Introduction

The Maryland Lottery and Gaming Control Agency (MLGCA) serves as one of the largest revenue sources for the State of Maryland, supporting important state programs and services including education, public health and safety, human resources and the environment. In addition to generating revenue from the sale of lottery products, the MLGCA is also responsible for the oversight of the state’s casino gaming program, providing direction and guidance to its casino partners on financial, security, regulatory and licensing procedures for the facilities. The Agency also regulates Sports Wagering, Daily Fantasy Sports and Electronic Bingo, as well as Instant Ticket Lottery Machines, which are located at almost 90 Veteran’s posts. Gaming in Maryland is a dynamic and growing business that operates around the clock, 365 days of the year.

GRADE

17

LOCATION OF POSITION

Montgomery Park Business Center

1800 Washington Boulevard, Ste. 330

Baltimore, Maryland 21230

POSITION DUTIES

The main purpose of this position is to assist and support the VLT Accountant Supervisor with the day-to day operations of the Video Lottery Terminal (VLT) activity that occurs in the VLT facilities. This includes the daily calculation and reconciliation of the gross terminal revenue and table game revenue. Review and release licensing batches for the cost of licensing background investigations and prepare reports for submission to various entities. This function helps to ensure the VLT revenues/income transferred to the State of Maryland and other entities as prescribed by law is accurate and that all costs that are reimbursable to the Lottery are billed and collected, thereby positively impacting the Maryland economy. This position is responsible for assisting with the collection, deposit, and reconciliation of Video Lottery Terminals (VLT) facility payments in accordance with applicable law and recognition of VLT activity in the agency’s general ledger.

  • Performs the daily calculation of the proceeds and fees due from each Video Lottery Terminal facility.
  • Verifies that all funds due are remitted in a timely manner. Contacts the Video Lottery Terminal facilities on a daily basis to advise them of the amounts due to the State.
  • Prepares daily reconciliations between the VLT facilities in house systems and the Lottery’s Central Computer System and investigates and resolves any discrepancies. These reconciliations include reviewing VLT meter information, processing adjustments and maintaining subsidiary schedules as needed.
  • Calculates the distribution of proceeds to the various funds as Defined by the law and prepares the required paperwork to make the distributions.
  • Provides monthly press release and dashboard information for each facility and provides that information to Communications for dissemination to the public.
  • Maintains a daily spreadsheet of all gross terminal revenue and table game revenue for submission weekly to various entities.
  • Reconciles with the Licensing Division the cash received for license fees to ensure all applicants have paid the proper fees prior to the start of the investigation.
  • Reconciles the Casino and CRC Working Fund.

Minimum Qualifications

Applicants must meet all minimum (and selective) qualifications to be considered, and to appear on the list of people eligible for hire. Please read all requirements before applying.

Education: A Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing.

Experience: Three years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles.

Notes

  • Candidates may substitute a Bachelor’s degree from an accredited college or university with thirty credit hours in Accounting and related courses, including or supplemented by three credit hours in auditing for the required education.
  • Applicants who have met the requirements for admission to the CPA examination prior to July 1, 1974 will be considered to have met the educational requirement referenced above.
  • Possession of a certificate as a Certified Public Accountant or a master's degree in accounting from an accredited college or university may be substituted for one year of the required experience.
  • Applicants may substitute one year of professional auditing experience for one year of the required experience. 5. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in the Accounting Officer classification or Financial Management specialty codes in the Accounting field of work on a year-for-year basis for the required experience and education.

Desired Or Preferred Qualifications

Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications.

  • Experience in Casino Financial Operations.
  • Experience processing financial account reconciliations.
  • Proficient in Microsoft Office Excel.

LICENSES, REGISTRATIONS AND CERTIFICATIONS

Not Applicable.

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.

EXAMINATION PROCESS

The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position.

Benefits

STATE OF MARYLAND BENEFITS

FURTHER INSTRUCTIONS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications of this recruitment.

Resumes will not be accepted in lieu of completing an application. All information concerning your qualifications must be submitted by the closing date.

We will not consider information submitted after this date. Applicants will be rated based on their description of job duties and responsibilities. Applicants should be thorough in completing this requirement.

The Online Application Process Is Strongly Advised. If The Online Process Is Not Available To You, You May Complete And Submit a Paper Application Or Direct Any Questions To

Jada Newman, HR Officer II

1800 Washington Blvd. Ste. 330

Baltimore, MD 21230

[email protected]

TTY Users: call via Maryland Relay As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State's diversity. People with disabilities and bilingual candidates are encouraged to apply.

We Thank our Veterans for their service to our country.

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