Hotel Financial Controller - Baltimore, MD 51969 https://inntrack.snaphire.com/job?jobmc=51969GOOGLE https://inntrack.snaphire.com/job?jobmc=51969GOOGLE
Careers at The Ivy Hotel Baltimore The Ivy Hotel Baltimore
Salary:

Location: Baltimore, MD 21202 USA

Type of employment : FULL_TIME

Industry: Hospitality
Department: Accounting & Finance
Career Level: Management
Work Hours: Full-time

Date Posted: 06 Feb 2020

Valid Through: 07 Mar 2020 11:47

The Ivy Hotel is a small 18 room world-class boutique hotel, offering superb service, ambiance and cuisine in a historic facility in the Mt. Vernon area of Baltimore. The only member of Relais & Chateaux in the state, it is renowned for its uniqueness, warmth, quality, beauty, and service. It has an extraordinary staff and management team. There is an overall staff of about 65, evenly divided between hotel and restaurant, all of whom work together to continue and improve The Ivy. It is currently rated the #1 hotel in Baltimore and Maryland and the #6 Small Luxury Hotel in the US.

The Hotel Financial Controller is responsible for managing the day to day operations of the accounting department, such as preparation and management of the hotel and restaurant financial budgets, payroll, implementing and overseeing all activities relating to the financial aspects of the hotel/restaurant in compliance with local, state and federal tax laws and the hotel's SOPs.

Additionally, responsible for the financial analysis, reporting, budgeting, forecasting, audit and control, asset and liability reconciliation, working capital and cash control, as well as ensuring the safekeeping and updating of all legal documentation relating to the financial status of the hotel.

This is a hands-on financial position requiring flexibility and an ability to handle multiple tasks simultaneously.

Financial Controller Duties and Responsibilities:

  • Responsible for the property's overall accounting and financial management.
  • Responsible to represent the finance department during daily morning meetings.
  • Responsible for the local tax authority compliance for the hotel.
  • Responsible to support and liaise with the General Manager, Managing Director, and Owners in meeting the strategic goals of the organization.
  • Responsible for preparing and reviewing annual budgets, monthly P&Ls, balance ledgers.
  • Responsible for verifying all financial reports and ensuring that all transactions are accurate and in compliance with local government regulations.
  • Able to prepare and submits management reports in a timely manner and also ensuring delivery deadlines.
  • Able to effectively implement all accounting policies and procedures.
  • Able to ensure a strong accounting and operational control environment to safeguard hotel assets.
  • Able to proactively assist with cost control requirements and revenue enhancement possibilities.
  • Able to develop specific goals and plans to prioritize, organize and accomplish the work.
  • Work closely with all departments in assisting with financial aspects, assisting with the hotel when needed.
  • Monitors all local tax compliance that applies, and ensuring that taxes are charged correctly and collected, file the local tax with the concerned authority on a monthly/regular basis.
  • Oversees internal, external and regulatory audit processes.
  • Establishes and maintains open, collaborative relationships with employees.
  • Any other tasks as and when required by the management.

Prerequisites:

  • Should have a high command of Excel, etc.
  • Knowledge of accounting systems like ADP, Sun, SAP, Sage, Freshbooks etc.
  • Knowledge of Hotel Software or Property Management Systems like OPERA, Protel Etc.
  • Excellent communication and negotiation skills.
  • Must be personable and well able to deal with guests and staff.
  • Must possess excellent financial knowledge, analytical skills and be very well organized.
  • Willing to contribute effort to all aspects of hotel/restaurant operation when needed, even if not financial department oriented
  • Willingness to work as an overall team member to help ensure continued growth and success of this top. hotel and restaurant

Education:

Qualified Charted Accountant (CA) or Similar or 4-year bachelor's degree in Finance and Accounting or similar major.

Experience:

At least 5 to 10 years of financial and management experience with the day-to-day financial operations in a luxury (4/5 Star) hospitality environment.

Hotel Financial Controller - Baltimore, MD

The Ivy Hotel is a small 18 room world-class boutique hotel, offering superb service, ambiance and cuisine in a historic facility in the Mt. Vernon area of Baltimore. The only member of Relais & Chateaux in the state, it is renowned for its uniqueness, warmth, quality, beauty, and service. It has an extraordinary staff and management team. There is an overall staff of about 65, evenly divided between hotel and restaurant, all of whom work together to continue and improve The Ivy. It is currently rated the #1 hotel in Baltimore and Maryland and the #6 Small Luxury Hotel in the US.

The Hotel Financial Controller is responsible for managing the day to day operations of the accounting department, such as preparation and management of the hotel and restaurant financial budgets, payroll, implementing and overseeing all activities relating to the financial aspects of the hotel/restaurant in compliance with local, state and federal tax laws and the hotel's SOPs.

Additionally, responsible for the financial analysis, reporting, budgeting, forecasting, audit and control, asset and liability reconciliation, working capital and cash control, as well as ensuring the safekeeping and updating of all legal documentation relating to the financial status of the hotel.

This is a hands-on financial position requiring flexibility and an ability to handle multiple tasks simultaneously.

Financial Controller Duties and Responsibilities:

  • Responsible for the property's overall accounting and financial management.
  • Responsible to represent the finance department during daily morning meetings.
  • Responsible for the local tax authority compliance for the hotel.
  • Responsible to support and liaise with the General Manager, Managing Director, and Owners in meeting the strategic goals of the organization.
  • Responsible for preparing and reviewing annual budgets, monthly P&Ls, balance ledgers.
  • Responsible for verifying all financial reports and ensuring that all transactions are accurate and in compliance with local government regulations.
  • Able to prepare and submits management reports in a timely manner and also ensuring delivery deadlines.
  • Able to effectively implement all accounting policies and procedures.
  • Able to ensure a strong accounting and operational control environment to safeguard hotel assets.
  • Able to proactively assist with cost control requirements and revenue enhancement possibilities.
  • Able to develop specific goals and plans to prioritize, organize and accomplish the work.
  • Work closely with all departments in assisting with financial aspects, assisting with the hotel when needed.
  • Monitors all local tax compliance that applies, and ensuring that taxes are charged correctly and collected, file the local tax with the concerned authority on a monthly/regular basis.
  • Oversees internal, external and regulatory audit processes.
  • Establishes and maintains open, collaborative relationships with employees.
  • Any other tasks as and when required by the management.

Prerequisites:

  • Should have a high command of Excel, etc.
  • Knowledge of accounting systems like ADP, Sun, SAP, Sage, Freshbooks etc.
  • Knowledge of Hotel Software or Property Management Systems like OPERA, Protel Etc.
  • Excellent communication and negotiation skills.
  • Must be personable and well able to deal with guests and staff.
  • Must possess excellent financial knowledge, analytical skills and be very well organized.
  • Willing to contribute effort to all aspects of hotel/restaurant operation when needed, even if not financial department oriented
  • Willingness to work as an overall team member to help ensure continued growth and success of this top. hotel and restaurant

Education:

Qualified Charted Accountant (CA) or Similar or 4-year bachelor's degree in Finance and Accounting or similar major.

Experience:

At least 5 to 10 years of financial and management experience with the day-to-day financial operations in a luxury (4/5 Star) hospitality environment.

Job Details

Reference # 51969
Posted on 06 Feb 2020
Closes on 07 Mar 2020 11:47
Property name The Ivy Hotel Baltimore
Location(s) Baltimore, MD
City Name
Department Accounting & Finance
Career level Management
Hours/Status Full-time
Pay range ($low) 75000.0
Pay range ($high) 85000.0
Bonuses Yes
Benefits Full benefits provided
More details (document)
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