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State of Massachusetts Financial Monitoring Analyst in 101 Federal Street, Massachusetts

The Massachusetts Gaming Commission seeks to hire a Financial Monitoring Analyst. This position is responsible for working alongside various department staff to conduct financial monitoring and analysis of gaming and sports wagering operations on a monthly, quarterly, and annual basis. Analytic work includes, but is not limited to, review, validation, and analysis of financial information to determine the Gaming and Sports Wagering Operators’ continuing duties to meet suitability standards of financial stability, integrity and background; and economic viability of business practices. The Financial Monitoring Analyst works in a team environment under the guidance of the Financial Investigations Division Chief within the Investigations and Enforcement Bureau’s (IEB) Financial Investigations division who evaluates the analyst’s work through review of work papers and reports. As needed, the Financial Monitoring Analyst evaluates and monitors certain business transactions planned or conducted by operators for financial stability and integrity. _Duties and Responsibilities include, but are not limited to_: * Examine, analyze, reconcile, and evaluate financial documents (e.g. financial statements, audit reports, SEC filings, financial contracts, budgets, etc.) from casino and sports wagering operators on a monthly, quarterly, and annual basis. * Prepare clear and comprehensive financial reports, standard and non-standard correspondence, document all work performed, and maintain files containing work papers and supporting documentation. * Perform modeling and analytics to synthesize large sets of data and produce concise outputs to deliver business insights, recommendations, and conclusions. * Work with the Division Chief in the development, maintenance, and enhancement of the departmental reporting packages for various levels of agency leadership. * Aid in defining key metrics and performance indicators to evaluate each Gaming and Sports Wagering operator’s overall business performance. * Build, maintain and operate project-level financial models. * Produce analyses from those financial models that inform acquisition strategies, project development decision making, M&A transaction activity, and investment thesis construction. * Synthesize and apply research in concert with third party data providers and internal sources. * Collaborate with team members comprised of agency staff from various departments including the Financial Investigations unit, Sports Wagering Division, Office of the Chief Enforcement Counsel, Gaming Agents, Division of Community Affairs, Finance, and others as needed to carry out the analyst’s duties and responsibilities. * Support and assist the Financial Investigations team as directed. * Assist the Financial Investigations Division Chief in special projects, as directed. * Knowledge of business accounting concepts and methods (PCAOB or AICPA Standards, Generally Accepted Accounting Principles) * Ability to analyze and interpret business accounting data and financial reports, and develop a comprehensive understanding of the laws and regulations relating to the Massachusetts Gaming Commission to apply that knowledge to financial analysis. * Proven organizational skills, with strong accountability. * Strong analytical and strategic skills combined with solid business and financial acumen. * Financial analysis and modeling skills, and experience in forecasting, budgeting, reporting, and variance analysis. * Exceptional judgment and discretion in interacting with management on sensitive fiscal and confidential issues. * Demonstrated capability to articulate/understand complex financial problems and tenaciously pursue solutions * Ability to perform research on specific issues that may arise * Ability to collaborate and communicate with functional teams across the agency as well as external stakeholders * Take-charge ability and excellent judgment in determining and leveraging resources * Strong Excel (i.e. VLOOKUP, data tables, pivot tables, macros, etc.) skills * Proficient in Microsoft Office applications, including SharePoint, Outlook, Word, and PowerPoint * * _Minimum Experience, Education, and Training_: * Bachelor’s degree in finance, accounting, business, management, or economics * 3-5 years relevant finance experience with a basic understanding of GAAP and grasp of financial statements. * Background and experience in BSA/AML preferred. · Previous working experience in a regulatory agency or the casino gaming/sports wagering industry preferred. _Our Benefits_: Hybrid work environment; MA State Retirement Plan (Pension); a 9000 sq. foot on-site Fitness Center; Tuition Remission for yourself and your spouse to MA Community Colleges and State Universities; Medical, Dental, Vision, Life, and Disability insurance; 12 paid Holidays; Deferred Compensation 457(b) Plan; Flex Spending for Healthcare, Daycare, and Transportation; Three weeks’ Vacation to start , three Personal Days and 15 Sick Days per year; Health Insurance Buy-out option. MGC offers a hybrid work environment and requires staff to work for at least two days in the Boston Office. Based on business needs, additional in-office days may be required. Salary is commensurate with experience. The successful candidate will be required to pass an extensive background check that includes, but is not limited to, a full credit check, CORI, drug screen, fingerprinting, reference check, and a review of the candidate’s standing with the IRS and the Department of Revenue. The MGC is responsible for the implementation of the expanded gaming law (M.G.L. c. 23K) and the sports wagering law (M.G.L. c. 23N). Under those laws, the MGC is tasked with establishing a regulatory framework for the solicitation, licensing, taxation, and oversight of a maximum of three casino licenses and one slots parlor license in Massachusetts, as well as in-person and online sports wagering operator licenses. It is the policy of the Massachusetts Gaming Commission and the Commonwealth of Massachusetts to afford equal employment opportunities to all qualified individuals, without regard to their race, color, ancestry, religion, sex, sexual orientation, national origin, age, physical or mental disability, citizenship status, veteran status, gender identity or expression, or any other characteristic or status that is protected by federal, state, or local law. *Job: Administrative Services *Organization: Massachusetts Gaming Commission *Title: *Financial Monitoring Analyst Location: Massachusetts-101 Federal Street - Boston Requisition ID: 240004Q5