Deputy Director of Finance

New Mexico Lottery Authority; Albuquerque (NM); On-site; USD 70,000 - 92,000; Full time

Job summary

The New Mexico Lottery Authority is seeking a Deputy Director of Finance to oversee daily accounting operations and manage audit preparations. The ideal candidate will have a strong financial background with a bachelor’s degree in Accounting and experience in financial management. This role ensures compliance with accounting principles while supporting New Mexico's educational funding through effective financial reporting.

Benefits

Health insurance

Dental & Vision coverage

Life & Disability Insurance

Retirement Plan with employer contribution

Generous Paid Time Off

Qualifications

• Five to ten years’ prior working experience in finance.
• Experience in preparing financial statements and budgets.
• Specialized knowledge in financial accounting and principles.

Responsibilities

• Assist with day-to-day accounting functions and ensure compliance.
• Prepare financial statements and assist with audits.
• Manage and supervise Finance Division staff.

Skills

Analytical skills

Communication

Problem solving

Leadership

Education

Bachelor’s degree in Accounting or related field

Certified Public Accountant (CPA)

Tools

Great Plains accounting system

Job description

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New Mexico Lottery Authority provided pay range

This range is provided by New Mexico Lottery Authority. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$70,000.00/yr - $92,000.00/yr

Direct message the job poster from New Mexico Lottery Authority

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About Us:

TheNew Mexico Lottery Authority (NMLA)is a state-operated organization that delivers fun and engaging gaming experiences, while generating significant revenue to support New Mexico’s education system. Since 1995, the NMLA has proudly contributed over$1 billionto theLottery Tuition Fund, helping over149,000 New Mexico studentsaccess higher education. Through games like Powerball, Mega Millions, and Roadrunner Cash, we aim to continue our mission of maximizing revenue for the benefit of New Mexico's future!

At the NMLA, we foster a dynamic workplace rooted inintegrity, teamwork, and innovation. Our employees are critical to our mission, and we strive to offer a supportive, collaborative environment that encourages professional growth. Our competitive benefits and forward-thinking culture make NMLA an ideal place for career-minded professionals.

Why Join Us?

At NMLA, we’re committed to your well-being and future success. Here's what we offer:

• Unmatched Health Coverage:As part of the State of New Mexico's most extensive employer network,enjoy highly comprehensive healthcare plansw
• Dental & Vision:Affordable care and coverage through the State of NM
• Life & Disability Insurance:Fullyemployer-paidcoverage for your peace of mind
• Retirement Plan:IMMEDIATEvestingwith a generous13.25% employer contributionfor permanent, full-time employees—no employee contribution required!
• Optional 457(b) plan
• Generous Paid Time Off: 11paid holidays + 1 personal holiday annually
• Accrue up to7.7 hours of annual leave bi-weeklyfor those with 15+ years of government experience
• Separatesick leaveto support your well-being.
• Government Service Recognition:Previous government experience counts toward your leave accrual rate, giving you a head start on your vacation time!

DEPUTY DIRECTOR OF FINANCE

SUMMARY:Reporting to the Director of Finance, the Deputy will have both internal and external-facing responsibilities. Ranging from assisting with the planning, developing, organizing, implementing, and directing of all activities associated with the Finance Division of the Lottery.

RESPONSIBILITIES:

Job duties include, but are not limited to:

General Finance Division - 80% Daily

1. Assists with the day-to-day accounting and financial functions, including accounts payable, integration of accounts receivable, cash and game transactions intoGreat Plains accounting system, month-end and year-end closing, and tax reporting.

2. Assists with the payroll preparation to ensure that employees are properly paid each pay period, applicable taxes are properly computed, remitted, and reported to state and federal bodies, and that applicable benefit deductions are taken, and payments made to benefit providers.

3. Assists with ensuring compliance with internal accounting and financial policies, generally accepted accounting principles and laws and regulations, e.g., Financial Accounting Standards Board (FASB), Governmental Accounting Standards Board (GASB) rules, standards, etc.

4. Assists with the annual financial audit. Assists with the preparation of the financial statements, notes to the financial statements, and the Management Discussion and Analysis for the independent audit report.

5. Assists in the review of the pension plan contribution files prepared by the vendor payroll company to ensure that appropriate contributions are being made for plan participants each payroll and reconciles the contribution files to the general ledger and the payroll registers.

6. Manages employees directly reporting to the Deputy Director, including staff activities and coordination of schedules and timetables with regard to completing tasks, reports and financial statement closing.

Other General Management Duties - 15% Daily

1. As directed by the supervisor, prepares and submits both oral and written reports to executive staff, Board of Directors, and applicable state government bodies.

2. As directed by supervisor, prepares, oversees and/or analyzes RFP’s and existing contracts to ensure compliance with terms.

3. As directed by supervisor, reviews instant game working papers and new on-line game parameters and/or changes thereto.

4. As directed by supervisor, prepares financial and accounting policies and/or procedures for the Lottery.

5. Assists in the day-to-day management and supervision of all Finance Division staff and assumes responsibility for the operation of the division when the Director of Finance is not present.

QUALIFICATIONS:

Education:

Bachelor’s degree in Accounting or related field is required.Certified Public Accountant licensure is preferred;incumbent must possess at least five to ten years’ prior working experience wherein ability to perform the position’s functions has been adequately demonstrated.

Knowledge:

Specialized, advanced professional knowledge of financial accounting, systems, processes, practices, internal controls, financial management and administration of budgetary and fiscal affairs, procedures and policies and generally accepted accounting principles, including GASB and FASB.At least five (5) years’ experienceinthe direct preparation of financial statements,notes to the financial statements and the Management Discussion and Analysis for a financial audit report and in the direct preparation of company annual budgets is preferred. Five to ten years’ experience in financial accounting and direct supervision of employees is preferred.

Skills/Abilities:

1. Highly developed numerical, analytical, problem-solving, interactive management, written and oral communication, meditative, planning, and organization skills are essential.

2. Skill in proficient use of IT and computer systems and processes is required.

3. Adaptability to a continually evolving environment; demonstrating both the autonomy and collaboration skills needed to advance the organization’s purpose and inspire confidence of all internal and external stakeholders.

4. Ability to exercise tact and diplomacy in organizational settings.

5. Success in executing multiple tasks while responding to multiple priorities.

6. Self-starter and self-disciplined.

Job Relationships:

Supervised by: Director of Finance

Positions Supervised: Four (4) Finance Positions

REQUIREMENTS NECESSARY TO PERFORM ESSENTIAL FUNCTIONS: Normal visual, hearing and speech acuity is required, as is manual ability to operate keyboard. The requirements in this section are not intended to conflict with applicable federal and state laws or regulations including the Americans with Disabilities Act and the New Mexico Human Rights Act, including providing reasonable accommodations as may be necessary under these laws. The NMLA encourages application for this position, and for all work positions from any applicant who believes they can perform the essential functions of the job applied for with or without accommodations.

WORK ENVIRONMENT:Work is largely sedentary, performed in an office setting; no unusual conditions exist. This position isbased onsite at our Albuquerque headquarters.Due to the collaborative & supervisory nature of the role and its close working relationship with the Finance Division,in-person attendance is required on a regular basis. Some travel may be occasionally required.

The foregoing job description is not all-inclusive of the duties, functions and accountabilities to which an employee may be assigned. In order to ensure maximum staff flexibility and efficiency, to promote and foster cross training among positions, and to meet changing operational needs, employees will be assigned to such additional related duties and projects as are deemed necessary or desirable by management.

This job description is a contract of employment, nor is it meant to be part of any contract of employment either expressed or implied. All employment and positions with the NMLA are “at will.” Equal Opportunity Employer.

Job Type: Full-time

Pay: $70,000.00 - $92,000.00 per year

• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Entertainment Providers

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