John Wetzel

Record transactional activity timely and accurately in the general ledger. Evaluate and implement internal controls so that processes are operating effectively. Provide necessary reporting on financial data, ensuring all requested reporting (ad-hoc and routine) are completed in a timely manner and contain accurate information. Ensure proper planning and resource availability for assigned projects; develop, design, measure, and ensure analytical and control activities are operating effectively with the department; Supervise projects according to plans. Participate in project implementation for systems and/or processes related to the corporate department initiated by other departments and/or by the department to ensure that requirements are met and/or work efficiently enhanced. Ensure accounting records and practices adhere to GAAP and MGM Resorts International Operations accounting policies and remain standard across all business units. Supervise the allocation of resources, performance and any competing requirements to meet internal customer expectations, Service Level Agreement performance thereby enabling achievement of business case benefits realization. Provide support, training, mentoring, problem resolution, and development to accountants on an ongoing basis to ensure the department performs at a maximum performance level. Plan, schedule, and manage staff to promote efficiency in completing their job responsibilities. Ensure compliance with all federal, state, and international regulatory requirements including SOX, gaming regulations, minimum internal control requirements, IRS, anti-money laundering laws and internal control requirements. Lead, drive, communicate and be accountable for shared service strategies that deliver high quality, cost effective and value support services across MGM Resorts International. Create a work environment that promotes teamwork, performance feedback, recognition, mutual respect and employee satisfaction.

Plan, supervise, and coordinate with all departments engaged with central accounting activities. Assist in training others. Oversee and verify principal financial reports of receipts and disbursements. Identify opportunities for improving systems and procedures. Assist in designing and implementing improvements in daily systems. Monitor and supervise the performance of all accounting and financial reporting transactions to ensure internal control. Perform internal audits and system evaluations as directed. Supervise and participate in the posting and balancing of all City journals and ledgers. Participate in treasury management activities, including those relating to the availability of funds for investment. Reconcile Bank Statements. Perform closing procedures to bring funds of account into final balance. Fund Payroll, Pension, and Retirement plans. Record tax collections and distribute gaming revenues. Administration of city wide Fixed Assets. Prepare work papers, schedules, etc. for external auditors.

Relevant Accounting Responsibilities: Supervise, lead, and motivate a staff of fifteen employees which include: Dining, Pro Shop, Cart attendants, and Maintenance. Responsible for selling, billing, and auditing Club Memberships and customer charge accounts. Purchasing, develop pricing / programs, and forecast of sales across departments. Utility Billing of Course owned Residential Water System. Devise and incorporate new systems enabling financial data to be streamlined in real time. Perform internal audits; analyze accounts to ensure maximum profitability. Track and depreciate companywide fixed assets. Negotiate rates, service fees, and contracts. Settlement of payroll, sales tax, state withholding tax, and federal taxes. Reconcile Bank Statements and Daily Deposits. Land acquisition, development, and sales.

Responsible for preparing tax returns including the preparation of supporting work papers for various entities such as corporations, partnerships, estates, trusts, non-profits, employee benefit plans, etc.