Controller

Company: Four Points by Sheraton Financial District
Location: New York
Posted on: May 28, 2023

Job Description:

REPORTS TO: General Manager as well as Regional /Corporate Controller

SUPERVISES DIRECTLY: All Accounting, Finance, Night Audit and Cashiering Staff

Benefits/Perks of Working With Us:

Upon joining Real Hospitality Group, associates are offered competitive compensation, career growth opportunities, flexible access to wages, holiday, sick and vacation pay, health, dental and vision insurance, employer paid life, accidental death, and dismemberment insurance, an employee assistance program, a 401k, and many associate discount options.

Purpose for the Position: The Controller will provide the owners, General Manager, and other management with accurate, timely, and relevant financial data with which to manage the property.

The Controller Essential Responsibilities:

-Supervises the financial department, including accounts receivable, accounts payable, auditing, payroll, general accounting, and cashiers, as well as input and reconcile such departments.
-Plans and implements procedures and systems.
-Approves all purchases made on behalf of the Hotel within budgetary guidelines.
-Prepares financial analysis of operations.
-Manages all aspects of the labor and expense forecasting and reporting from/to all department heads as approved by the General Manager.
-Oversees all hotel cash handling operations and procedures.
-Prepares reports outlining Hotel's financial position in areas of income, expense, and earnings based on past, present, and future operations.
-Monitors and contains all property inventories to ensure proper levels without causing burden's on property cash flows, (tying up money on the shelf).
-Trains all management and supervisory associates to read and understand all fiscal documents and management tools in order to better manage their departments, (staffing guides, budgets, P&L's etc.)
-Oversees the HR process for the hotel. Ensures all new hire paperwork, benefits, performance appraisals, disciplinary action form and other pertinent personnel documents are filed appropriately and maintained in accordance will the company HR practices.
-Participates in the disciplinary action of any supervisor or manager who expends funds beyond available limits.
-Produces and presents all fiscal management tools and reports at regularly and ad hoc scheduled meetings.
-Reconciles all operating bank accounts with each statement.
-Directs preparation of budgets and financial forecasts, variance reports and P&L.
-Determines depreciation dates.
-Prepares governmental reports and handles all inquiries from government agencies, including Internal Revenue Service.
-Advises management on desirable operational adjustments due to business levels and tax revisions.
-Arranges for audits of the Hotel's accounts.
-Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
-Advises management concerning insurance coverage for protection against property losses and potential liabilities.
-Hires, fires, trains, and develops assigned associates.
-Reconcile all F&B dailies, deposits, cash and credit cards end, and end-of-month inventories.
-Participate in MOD Program.

Keywords: Four Points by Sheraton Financial District, New York , Controller, Accounting, Auditing , New York, New York