Hotel Controller

The Controller will manage and oversee the financial operations of an upscale two boutique hotels. This role is responsible for ensuring accurate financial reporting, strong financial management, and compliance with accounting principles for both Ownership and the Management Company. Key responsibilities include but are not limited to:

Responsibilities:

• Implement and maintain robust financial controls across the property.
• Review and approve monthly bank reconciliations and general ledger reconciliations for the hotel.
• Prepare and present monthly financial results to Ownership and Management, adhering to hotel accounting principles.
• Lead the annual budgeting process, providing procedures and guidelines.
• Schedule and conduct annual audits, ensuring thoroughness and accuracy.
• Manage daily, weekly, and monthly financial reporting, ensuring compliance with Ownership and Management requirements.
• Develop accurate and timely financial forecasts, including labor management and collaboration with other departments.
• Oversee cost control measures and ensure expenses are within budget.
• Ensure compliance with local, state, and federal laws.
• Manage risk, including oversight of all insurance programs.
• Oversee payroll management, ensuring accuracy and timeliness.
• Provide financial training to hotel management teams.
• Ensure the successful execution of capital expenditure projects within the approved budget.

Job Requirements:

• Minimum of five - seven years' experience as a Controller in a hotel or resort setting, managing multiple revenue streams exceeding $15M.
• Bachelor's Degree in Accounting required; a degree in Finance is a plus.
• Knowledge of the Uniform System of Accounts for the Lodging Industry (11th Edition).
• Proficiency in Microsoft Excel, Word, and various financial accounting systems.
• Ability to work under pressure and meet tight deadlines.
• Availability to work a flexible schedule, including evenings, nights, and weekends.

Technical Skills:

• Comprehensive training across all accounting functions, including Accounts Payable/Receivable, General Ledger, Credit, Collections, Auditing, Inventory Control, Payroll, Budgeting, and Profit & Loss preparation.
• Collaborate with key hotel departments, such as Front Office, Reservations, Housekeeping, Sales, and Food & Beverage, to optimize expense control while maximizing revenue.
• Oversee the consolidation of budgets and financial projections.
• Support departments in budget preparation.
• Deliver operational reports to management.
• Prepare and review daily financial reports.
• Recommend and implement software solutions for financial operations.
• Review contracts, leases, agreements, subcontracts, and licenses from an accounting perspective.
• Experience with hotel and accounting software such as M3, QuickBooks, and Opera is essential.
• This position requires a dynamic and detail-oriented individual with a strong background in hotel finance and accounting.