Controller
Company: Four Points by Sheraton Financial District
Location: New York
Posted on: September 21, 2023
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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
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