VP of Finance

Description

Texas Card House is seeking a highly experienced and strategic Vice President of Finance to lead our financial operations and support our continued growth. Reporting directly to the CEO, the VP of Finance will be a key member of the senior leadership team, responsible for all aspects of financial planning, analysis, accounting, and reporting. The ideal candidate will have a proven track record of financial leadership in a multi-unit retail, hospitality, or entertainment environment, with a strong understanding of the unique financial considerations of the gaming industry.

Key Responsibilities:

• Financial Strategy & Planning:
  • Develop and implement financial strategies that align with the company's overall business objectives and growth plans.
  • Lead the annual budgeting and forecasting processes, working collaboratively with department heads to establish financial targets.
  • Conduct in-depth financial analysis to identify trends, opportunities, and risks, providing actionable insights to senior leadership.
  • Develop and maintain robust financial models for strategic initiatives, including new club openings, capital expenditures, and potential acquisitions.
• Financial Reporting & Analysis:
  • Oversee the preparation of accurate and timely financial statements (P&L, Balance Sheet, Cash Flow) in accordance with GAAP.
  • Develop and present comprehensive financial reports to the CEO, Board of Directors, and other stakeholders.
  • Monitor key performance indicators (KPIs) and provide regular performance analysis, highlighting variances and recommending corrective actions.
  • Manage cash flow, ensuring optimal liquidity and efficient use of capital.
• Accounting & Operations:
  • Direct all accounting operations, including accounts payable, accounts receivable, payroll, and general ledger.
  • Ensure compliance with all relevant accounting standards, tax regulations, and regulatory requirements specific to the gaming industry.
  • Oversee internal controls and implement best practices to safeguard company assets and ensure data integrity.
  • Streamline financial processes and leverage technology to improve efficiency and accuracy.
• Team Leadership & Development:
  • Lead, mentor, and develop a high-performing finance team.
  • Foster a culture of accountability, continuous improvement, and professional growth within the finance department.
• Banking & Investor Relations:
  • Manage banking relationships and optimize credit facilities.
  • Assist in due diligence and financial modeling for potential investors or financing rounds.
• Risk Management:
  • Identify and mitigate financial risks, including operational, market, and credit risks.
  • Ensure proper insurance coverage and compliance.

Requirements

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA strongly preferred.
• 10+ years of progressive financial leadership experience, with at least 5 years in a senior management role (e.g., VP of Finance, Director of Finance, Controller).
• Demonstrated experience in a multi-unit retail, hospitality, or entertainment business with significant transaction volume.
• Strong understanding of accounting principles (GAAP) and financial reporting.
• Proven ability to develop and execute financial strategies that support business growth.
• Excellent analytical, problem-solving, and decision-making skills.
• Advanced proficiency in financial modeling and data analysis tools (e.g., Excel, financial planning software).
• Experience with ERP systems and accounting software (specific experience with systems relevant to multi-location businesses is a plus).
• Exceptional communication and interpersonal skills, with the ability to present complex financial information clearly and concisely to diverse audiences.
• High level of integrity and ethical conduct.
• Ability to travel periodically to Texas Card House locations across Texas.

Preferred Qualifications:

• Experience in the entertainment, gaming or card room industry, even if it's not direct casino experience, understanding the unique cash handling, compliance, and regulatory aspects is a significant plus.