Director Of Finance

Salary: $90,691.00 - $125,000.00 Annually
Location : Thurston County - Olympia, WA
Job Type: Exempt
Remote Employment: Flexible/Hybrid
Job Number: 2023-1127
Department: Washington's Lottery
Opening Date: 11/27/2023
Closing Date: 12/17/2023 11:59 PM Pacific
Description
We make Imagination happen. Not often does an opportunity come around where every single day at work you get to inspire dreams, have fun and do good. But that's exactly what we're all about. For more than 40 years, we've been enriching the imaginations of Washingtonians by helping them imagine all the possibilities of what they could do if they won. We've also been giving back to the state in more ways than you may realize. From the student who receives a college grant, to the convenience store owner supporting their family, to the fans who cheer for their favorite team at the state's premier stadium and exhibition center; we've given billions to players and beneficiaries across the state over the years.
When it comes right down to it, we don't just sell amazing games that give people a chance to dream, we also do good. Because doing good is good to do.
Be a part of the fun by joining Washington's Lottery.
Benefits that matter:

• We support a powerful mission - to offer games of chance with integrity and imagination to maximize beneficiary contributions.
• Work in an organization unlike any other in state government where creativity, ideas, fun, and passion are the order of the day.
• Work in an organization that is committed to embedding the values of diversity, equity, and inclusion into all aspects of our work.
• Work-Life Balance - We have flexible hours that let you put in a good day's work, while still giving you time for your life outside of this awesome job.
• Supported growth and development opportunities.
• You will have the opportunity to make important impacts across all parts of the organization.
• A modernized workplace that promotes efficiency, utilizes new technology, and encourages collaboration.
• Always an awesome time - You'll get to help out at selling events like the Seahawks Playoffs and Seattle Kraken celebrations. And, you'll always have fun when you take part in the big jackpot winner celebrations and game launch events that happen throughout the year.

Washington's Lottery also offers:

• 12 paid per calendar year
• 14-25 days of paid vacation per calendar year, depending on the length of employment, and one day of sick leave each month.
• A great total compensation and benefits package
• The opportunity to apply for duties that earn special pay: events ($35 per hour)
• Supported growth and development opportunities
• Some positions may include flexible work schedules, teleworking, and an Infants in the Workplace Program
• Tuition Reimbursement Program

Duties
Calling all finance trailblazers! Are you a finance visionary looking to drive meaningful change? We invite you to lead our finance team in a dynamic and purpose-driven small agency dedicated to serving the public good. This position comes with a rare opportunity for business and financial analysis on our discretionary products, which is uncommon in other state agencies. If you are seeking a new challenge, passionate about financial analysis, or eager to explore innovative opportunities within the realm of financial leadership, this is the perfect job for you.
The position's primary responsibilities include:

• Serving as a member of the Management Team collaborating with other senior managers.
• Serving as the top financial subject matter expert and overseeing the Financial Division.
• Overseeing annuities and ensuring proper funding is secured to pay future annuity payment streams.
• Providing guidance and direction for Lottery activities in the areas of development and administration of the Lottery's biennial and annual budgets.
• Managing and leading the Finance team including directly managing the Finance Manager and Budget Manager.
• Overseeing jackpot activities and collaborating with out-of-state lotteries on multi-state games.

Qualifications
We are looking for someone who has:

• A Bachelor's Degree involving major study in finance, business administration, accounting or closely allied field.
• Seven years of professional experience in one or more of the fields mentioned, including at least three years of experience managing a finance department, demonstrating sound management practices, performance management and knowledge of organizational development.
• Experience with the application of GAAP and GASB pronouncements.

MBA or graduate-level degree in Accounting, Finance, or closely related field, and/or Certified Public Accountant designation is preferred.
The Ideal candidate will have the following competencies:

• Superior knowledge of laws, rules and best practices and principles governing financial management, accounting, internal auditing and financial.
• Strong business sense; understand and drive the financial success of the Lottery, carefully considering the cost/benefit issues before making financial decisions.
• Strategic and visionary planning skills, to include setting organizational direction and establishing clear vision with attainable goals and objectives.
• Ability to interact at the senior executive level.
• A proven track record of demonstrated leadership, integrity, vision and innovation for delivering results, building accountability for staff and creating a positive working environment.
• Superior team building skills; working with diverse concepts, ideas, relationships and cultures. The ability to identify training needs and succession planning a must.
• Strong analytical and problem solving skills involving a high degree of originality and independent judgment, including the ability to identify critical issues and prepare recommendations for changes in policy and procedure in order to increase efficiencies and meet agency goals.
• Excellent written and verbal communications skills, including the ability to present complex or technical information in an easy-to-understand manner.
• Ability to communicate in a leadership style both orally and in writing, analyze financial data, and recommend a solution to a problem or opportunity.
• Ability to handle a heavy workload in a dynamic environment. Identify and handle competing priorities effectively and adapt easily to changing business needs, conditions and work responsibilities.
• Strong ability to act quickly to allow the agency to take advantage of unexpected or short-lived marketing and sales opportunities.

Supplemental Information
How to Apply
If you are viewing this job announcement online, click Apply above.
If you received a printed copy of this job announcement:
1. Go to www.careers.wa.gov
2. Click Look for Jobs
3. Click on Filter, then Department, select Washington's Lottery
4. Click on Director of Finance
5. Click Apply

• Please attach a Cover Letter to your on-line application (through the Add Attachment(s)field). A resume will not substitute for the "work experience" section of the application.
• Applications with comments such as "see attachments" in the supplemental question responses will be considered incomplete.

Application review will begin immediately. We reserve the right and may exercise the option to make a hiring decision at any time. It will be to the applicant's advantage to submit materials as soon as possible.
If you have any questions or need further information, please call (360) 890-2880.

• Prior to a new hire, a background check including criminal record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining the applicant's suitability and competence to perform in the position.
• Employees of the Lottery and their family members who reside in the same household are precluded by law from participating in the Lottery games. In addition, family members who live in the employee's household may not be employed by a Lottery vendor.
• Washington's Lottery Headquarters building is a chemical-free/scent-free environment. Employees are expected to refrain from the use of scented products when at Headquarters.

We value diversity and inclusion and are committed to providing equal employment opportunities. We do not discriminate on the basis of race, creed, color, national origin, sex, sexual orientation/gender identity, age, disability, use of a guide dog or trained service animal due to a disability, familial status, marital status, honorably discharged veteran and military status, military spouse or status as a breastfeeding mother. Persons needing accommodation in the application/testing process or this announcement in an alternative format may call Human Resources at (360) 890-2880. Applicants who are deaf or hard of hearing may call (360) 810-2849.
Badges and pins listed above are awarded to us for:
Zo8 - Sustaining an effective wellness program
Performance Management - Maintaining a robust program to engage and develop our employees
YesVets - Our commitment to hiring veterans
RAIN nomination- Providing a safe, welcoming, and inclusive environment for LGBTQ+ employees.
More than Just a Paycheck!
Employee benefits are not just about the kind of services you get, they are also about how much you may have to pay out of pocket. Washington State offers one of the most competitive benefits packages in the nation.
We understand that your life revolves around more than just your career. Like everyone, your first priority is ensuring that you and your family will maintain health and financial security. That's why choice is a key component of our benefits package. We have a selection of health and retirement plans, paid leave, staff training and other compensation benefits that you can mix and match to meet your current and future needs.
Read about our benefits:
The following information describes typical benefits available for full-time employees who are expected to work more than six months. Actual benefits may vary by appointment type or be prorated for other than full-time work (e.g. part-time); view the job posting for benefits details for job types other than full-time.
Note: If the position offers benefits which differ from the following, the job posting should include the specific benefits.
Insurance Benefits
Employees and their families are covered by medical (including vision), dental and basic life insurance. There are multiple medical plans with affordable monthly premiums that offer coverage throughout the state.
Staff are eligible to enroll each year in a medical flexible spending account which enables them to use tax-deferred dollars toward their health care expenses. Employees are also covered by basic life and long-term disability insurance, with the option to purchase additional coverage amounts.
To view premium rates, coverage choice in your area and how to enroll, please visit the Public Employees Benefits Board (PEBB) website. The Washington Wellness program from the Health Care Authority works with PEBB to support our workplace wellness programs.
Dependent care assistance allows the employee to save pre-tax dollars for a child or elder care expenses.
Other insurance coverage for auto, boat, home, and renter insurance is available through payroll deduction.
The Washington State Employee Assistance Program promotes the health and well-being of employees.
Retirement and Deferred Compensation
State Employees are members of the Washington Public Employees' Retirement System (PERS). New employees have the option of two employer contributed retirement programs. For additional information, check out the Department of Retirement Systems' web site.
Employees also have the ability to participate in the Deferred Compensation Program (DCP). This is a supplemental retirement savings program (similar to an IRA) that allows you control over the amount of pre-tax salary dollars you defer as well as the flexibility to choose between multiple investment options.
Social Security
All state employees are covered by the federal Social Security and Medicare systems. The state and the employee pay an equal amount into the system.
Public Service Loan Forgiveness
If you are employed by a government or not-for-profit organization, and meet the qualifying criteria, you may be eligible to receive student loan forgiveness under the Public Service Loan Forgiveness Program.
Holidays
Full-time and part-time employees are entitled to paid holidays and one paid personal holiday per calendar year.
Note: Employees who are members of certain Unions may be entitled to additional personal leave day(s), please refer to position specific Collective Bargaining Agreements for more information.
Full-time employees who work full monthly schedules qualify for holiday compensation if they are employed before the holiday and are in pay status for at least 80 nonovertime hours during the month of the holiday; or for the entire work shift preceding the holiday.
Part-time employees who are in pay status during the month of the holiday qualify for the holiday on a pro-rata basis. Compensation for holidays (including personal holiday) will be proportionate to the number of hours in pay status in the month to that required for full-time employment, excluding all holiday hours. Pay status includes hours worked and time on paid leave.
Sick Leave
Full-time employees earn eight hours of sick leave per month. Overtime eligible employees who are in pay status for less than 80 hours per month, earn a monthly proportionate to the number of hours in pay status, in the month to that required for full-time employment. Overtime exempt employees who are in pay status for less than 80 hours per month do not earn a monthly accrual of sick leave.
Sick leave accruals for part-time employees will be proportionate to the number of hours in pay status, in the month to that required for full-time employment. Pay status includes hours worked, time on paid leave and paid holiday.
Vacation (Annual Leave)
Full-time employees accrue vacation leave at the rates s...