Summary
Overview
Work History
Education
Skills
Timeline
Generic

Tony Haynes

Sykesville,MD

Summary

Accomplished finance executive with a proven track record at Caesars Entertainment, adept in financial strategy development and business process improvement. Leveraged financial modeling and forecasting to drive growth, mentoring teams towards peak performance. Expertise in cash flow management and strategic financial planning, achieving significant operational efficiencies and financial accuracy. Dedicated Finance Executive with 30 years of experience in all areas of finance. Hands-on leader with strong business acumen and analytical mindset to identify and correct underachieving trends.

Overview

23
23
years of professional experience

Work History

VP of Finance

Caesars Entertainment
05.2024 - Current
  • Ensured timely and accurate financial reporting, maintaining full compliance with regulatory requirements.
  • Managed multimillion-dollar budgets for optimal resource allocation and financial success.
  • Mentored finance staff members in their professional development, fostering a culture of continuous learning within the department.
  • Developed comprehensive financial forecasts, driving accurate decision-making and budgetary planning.
  • Collaborated with executive leadership team to develop and implement innovative financial strategies for growth.
  • Identified key performance indicators and established benchmarks to measure progress toward company objectives.
  • Streamlined month-end closing process through automation, resulting in reduced processing time and increased accuracy of reports.
  • Promoted transparency by establishing clear communication channels between finance department and other areas within the organization.
  • Coordinated and studied financial audits to provide recommendations for procedural improvements.

Chief Financial Officer

Gibson Island Country Club
01.2024 - 05.2024
  • Developed strategic financial plans to support company growth and achieve long-term objectives.
  • Analyzed operational issues and implemented corrective action to maximize profits.
  • Collaborated with executive leadership to establish budgetary guidelines and allocate resources efficiently across the organization.
  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.
  • Oversaw the successful completion of external audits, addressing any recommendations promptly to ensure smooth operations.
  • Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
  • Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
  • Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
  • Streamlined financial processes by implementing new accounting software and automation techniques.

Director of Finance & Administration

The Center Club
06.2022 - 01.2024
  • Championed process improvement initiatives, leading to increased operational efficiency within the finance department.
  • Optimized cash flow management by implementing effective accounts receivable collection procedures and monitoring working capital levels closely.
  • Spearheaded the successful completion of annual budget planning cycles, aligning departmental goals with overall organizational objectives.
  • Enhanced financial reporting accuracy by implementing advanced forecasting and budgeting tools.
  • Streamlined financial processes for improved efficiency and reduced errors.
  • Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
  • Designed and maintained financial models to identify and measure risks.

Financial Controller

Caesars Entertainment
09.2020 - 03.2023
  • Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for executive review.
  • Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
  • Improved financial reporting accuracy by streamlining processes and implementing efficient financial controls.
  • Conducted regular variance analyses between actual results and budget projections to identify trends or issues requiring further investigation or action by management staff.
  • Collaborated closely with department heads to establish accurate budgets and monitor performance against targets.
  • Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
  • Prepared balance sheets, cash flow reports and income statements.

Corporate Controller

Med-IQ
08.2019 - 09.2020
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Prepared balance sheets, cash flow reports and income statements.
  • Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
  • Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
  • Created and distributed reports on internal and external finances, audits, and budgets.
  • Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
  • Updated and reviewed financial reporting packages and managed financial reporting processes.

Corporate Controller

Cattail Creek Country Club
04.2017 - 08.2019
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Prepared balance sheets, cash flow reports and income statements.
  • Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
  • Followed up with delinquent accounts to obtain funds and reduce aging balances.
  • Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
  • Reduced operational costs through the identification of inefficiencies and implementation of cost-saving measures.
  • Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
  • Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
  • Increased flow of financial information throughout company by improving communication strategies.
  • Worked with both internal and external users to create detailed financial reports.
  • Managed external audits effectively, resulting in clean audit opinions year after year.
  • Mentored and developed staff, fostering a high-performing team culture focused on continuous improvement.

Director of Finance

Maryland Live! Casino & Hotel
12.2015 - 04.2017
  • Managed a high-performing finance team, providing guidance and mentorship to foster professional growth and development.
  • Collaborated with executive leadership team in developing long-term financial goals, ensuring alignment with overall business objectives.
  • Developed accurate monthly forecasts using historical data trends combined with current market conditions for enhanced decision-making capabilities.
  • Instituted best practices in financial management processes by conducting regular reviews of procedures, policies, and systems for continuous improvement opportunities.
  • Fostered a culture of accountability within the finance department, emphasizing the importance of meeting deadlines and delivering accurate financial data to stakeholders.
  • Successfully managed multiple, concurrent projects by prioritizing tasks and allocating resources efficiently.
  • Improved internal controls and risk management strategies to safeguard company assets and minimize potential losses.
  • Prepared internal and regulatory financial reports, balance sheets and income statements.

Director of Finance

Hollywood Casino Columbus
05.2014 - 12.2015
  • Managed a high-performing finance team, providing guidance and mentorship to foster professional growth and development.
  • Streamlined financial reporting processes by implementing more efficient software systems and optimizing data management.
  • Developed accurate monthly forecasts using historical data trends combined with current market conditions for enhanced decision-making capabilities.
  • Successfully managed multiple, concurrent projects by prioritizing tasks and allocating resources efficiently.
  • Improved internal controls and risk management strategies to safeguard company assets and minimize potential losses.
  • Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
  • Analyzed financial statements against forecasts to prepare high-level variance analysis.
  • Prepared internal and regulatory financial reports, balance sheets and income statements.

Business Manager

Dispatch Broadcasting Group
05.2004 - 05.2014
  • Improved operational workflows by identifying areas of inefficiency and implementing appropriate solutions.
  • Increased overall team productivity by fostering a positive work environment and providing effective leadership.
  • Communicated with customers and vendors positively with particular attention to problem resolution.
  • Negotiated contracts with suppliers and vendors, securing favorable terms for the company while maintaining strong relationships.
  • Anticipated financial impact from operational issues and worked with leadership to develop solutions.
  • Improved business profits through innovative cost containment and revenue generation techniques.
  • Oversaw financial operations, maintaining accurate records and ensuring compliance with industry regulations.
  • Successfully managed organizational change initiatives, minimizing disruptions to daily operations while achieving desired outcomes.

Senior Accountant

OhioHealth Corporation
04.2001 - 05.2004
  • Prepared monthly journal entries and reconciliations.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
  • Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.

Education

MBA - Business Administration

Ohio Christian University
Circleville, OH
02.2015

Bachelor of Science - Accounting

Ohio State University
Columbus, OH
06.1994

Skills

  • Financial analysis and reporting
  • Business process improvement
  • Financial Strategy Development
  • Financial Modeling and Forecasting
  • Strategic financial planning
  • Cash Flow Management

Timeline

VP of Finance

Caesars Entertainment
05.2024 - Current

Chief Financial Officer

Gibson Island Country Club
01.2024 - 05.2024

Director of Finance & Administration

The Center Club
06.2022 - 01.2024

Financial Controller

Caesars Entertainment
09.2020 - 03.2023

Corporate Controller

Med-IQ
08.2019 - 09.2020

Corporate Controller

Cattail Creek Country Club
04.2017 - 08.2019

Director of Finance

Maryland Live! Casino & Hotel
12.2015 - 04.2017

Director of Finance

Hollywood Casino Columbus
05.2014 - 12.2015

Business Manager

Dispatch Broadcasting Group
05.2004 - 05.2014

Senior Accountant

OhioHealth Corporation
04.2001 - 05.2004

MBA - Business Administration

Ohio Christian University

Bachelor of Science - Accounting

Ohio State University

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Tony Haynes