William A. Shaw
Louisville
Summary
Dynamic finance leader with extensive experience at Derby City Gaming and Derby City Gaming Downtown, excelling in financial reporting and budget management. Proven track record in enhancing internal controls and driving operational efficiency. Adept at coaching teams and managing capital projects, delivering impactful results through strategic analysis and effective communication.
Overview
18
18
years of professional experience
Work History
Director of Finance
Derby City Gaming Downtown
07.2023 - Current
- Reports directly to General Manager and acts as delegate when required (Cage/Count, Purchasing/Receiving)
- Direct oversight of the Daily Audits (Gaming and Operations), General Ledger Accounting and Reconciliations
- Coordinates all standard and ad hoc financial reporting on a Monthly, Quarterly and Annual basis
- Collaborates with corporate Finance/Accounting (Shared Services) on accounting treatment and standardization efforts
- Serves as property liaison for all internal and external audits and manages all audit-required communication
- Responsible for building annual budget and budget presentation as well as monthly EBITDA forecasts
- Analyzes and communicates variances to budget and forecast with follow-up to department leaders
- Serves as the property’s Custodian of Records and enhances the property’s internal controls are adequate
- Oversees the Capital Project process from developing business cases to managing expenses and completion of project
- Recommends and leads new efforts to minimize risks, drive profitability and operational efficiency
- Provides financial and operational analysis in support of various projects and decisions
Accounting Manager
Derby City Gaming
08.2018 - 07.2023
- Manage and lead the revenue audit team
- Complete Month End Duties not limited to preparing and reviewing journal entries and reconciliations
- Review department comps, accruals and prepaid
- Prepare and distribute daily and weekly flash reports to internal leadership as well as corporate leaders
- Work on special tasks/projects assigned by senior director of finance
- Establish protocols and procedures that make the operations in the business more efficient
- Reviewing exceptions issued by the audit team for accuracy
- Coaching the team members and allowing them to grow with the company and reach their future goals
- Traveling to new properties and teaching them the Gaming Audit (Oak Grove, Turfway, Fairgrounds)
Salaried Professional
Robert Half
Louisville
04.2018 - 07.2018
- Voestalpine Roll Forming Corporation, Louisville, KY
- Accounts Receivable- Applied Cash to GL accounts every day in Global and Visual Software systems and tracked any discrepancies from the ACH Detail and the GL balance
- Accounts Payable- Vouchered payments daily through the DocuWare software and routed any pricing issues back to the purchasing department
- Sales Tax- Researched all payments the company made to see if we owed tax on the invoice and any tax exceptions were noted
- Completed 2018 and 1st QTR of 2019 Vendor Audits using documentation through DocuWare and Visual software
- Kept track of business concur expenses of all employees and matched receipts with the amount expensed
- Updated Utilities spreadsheet for all Roll Forming properties when the bill was received
- Organized all month end journal entries into electronic folders by batch number
- Completed several accounting projects for the Controller Laura Whelan- Popp
Assistant Store Manager
Vitamin Shoppe
Louisville
01.2012 - 01.2018
- Communicated product information and available resources to educate customers and assist them in making smart product selections
- Manage the implementation of merchandising and operational procedures
- Manage inventory via products against invoice, pricing
- Execute visual displays and promotions
- Identify and document the return of damaged, discontinued, or expired product
- Manage and lead team to support and achieve store goals
Staff Accountant
Ernst and Young
Louisville
01.2008 - 10.2008
- Served as a Staff II auditor, traveling frequently to client offices to audit various business units and companies: medical, sales, and manufacturing
- Supervised Staff I auditors and interns at client site
- Managed inventory counts
- Mentored new hires
Junior Accountant
Extell Financial Services
Louisville
06.2007 - 12.2007
- Prepared monthly financial statements and supported schedules
- Completed financial journal entries, deposits, account payable vouchers, and withdrawals
- Corresponded with property managers and utilities companies daily to ensure payments
Education
M.S. - Sports Administration
University of Louisville
Louisville, KY12.2011
B.A. - Accounting
Bellarmine University
Louisville, KY05.2006
Skills
- Financial reporting
- Budget management
- Variance analysis
- Internal controls
- Capital project management
- Risk management
- Team leadership
- Coaching and mentoring
- Operational efficiency
- Data analysis
- Audit coordination
- General ledger entry
- Reporting
Awards
- Presidential Award, given by General Manager at Derby City Gaming Yearly Banquet.
- Business First Feature
Timeline
Director of Finance
Derby City Gaming Downtown
07.2023 - Current
Accounting Manager
Derby City Gaming
08.2018 - 07.2023
Salaried Professional
Robert Half
04.2018 - 07.2018
Assistant Store Manager
Vitamin Shoppe
01.2012 - 01.2018
Staff Accountant
Ernst and Young
01.2008 - 10.2008
Junior Accountant
Extell Financial Services
06.2007 - 12.2007
M.S. - Sports Administration
University of Louisville
B.A. - Accounting
Bellarmine University
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