What are the responsibilities and job description for the Financial Controller position at Hyatt?
Financial Controller | Hyatt Regency Newport Beach West
Job Description:
Hyatt Regency Newport Beach West is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.
This position is at a location where Hyatt is not the employer. The employer of individuals working at this hotel may be a third-party management company that is responsible for all employment benefits and obligations at this location.
Job Description:
- Plan, direct, and manage the provision of accurate, timely and objective financial data from which informed management decisions can be made. Recommend remedial action when and when necessary. Safeguard owner assets by creating and maintaining sound internal control systems. Participate in the total hotel management as a member of the hotel Executive Committee.
- Support General Manager and Hotel Financial goals by direct preparation of monthly and annual reports; summarize and forecast hotel revenues, expenses and earnings based on the past, present and expected operations.
- Must be able to apply mathematical operations to such tasks as frequency distribution, analysis of variance, correlation techniques, sampling theory, and factor analysis.
- Negotiate and monitor contracts with hotel vendors!
- Must be proficient in Microsoft Word, Excel, ADP, MAS-500 and other applicable computer systems. Budgetary analysis capabilities required.
- Ensure the collection and payment of applicable local, state, and federal taxes.
- Advise management of desirable operational adjustments due to tax code revisions.
- Arrange for audits of hotel’s accounts from local regulatory agencies and compliance audits from local union house. Must have a strong working knowledge of internal control procedures and implementation.
- Prepare reports required by regulatory agency.
- Work closely with General Manager, Asset Manager, and owner accounting representative at all levels of hotel operations concerning accounting functions and compliance with franchise and operating agreements.
- Must possess a 4-year degree in Accounting/Finance and at least 2 years in accounting job with supervisory experience.
- Preferably with hotel accounting background with knowledge of PMS and POS systems and reports.
Hyatt Regency Newport Beach West is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.
This position is at a location where Hyatt is not the employer. The employer of individuals working at this hotel may be a third-party management company that is responsible for all employment benefits and obligations at this location.