Hospitality Ventures Management Group
100 Kimball Place
Suite 400
Alpharetta, GA 30009
401K with Guaranteed Match, Full Benefits (Health, Dental, Vision, & Supplemental Insurances Options available), PTO + 9 Company Holidays
Current Job Openings
Join Our Team as Sr. Regional Controller - Make an Impact and Grow with Us!
Why You Want to Work for Us
Our Regional Controller team is growing! The Sr. Regional Controller makes an impact on the over-all success of the company. Do you want to achieve your professional goals and have fun while doing it? Excellent opportunities for growth and development for an outstanding candidate!
What You Will Be Doing:
The Sr. Regional Controller is responsible for auditing, preparation, review, and distribution of all financial reports in accordance with Generally Accepted Accounting Principles as well as Hospitality Ventures Accounting standard accounting and operating procedures. The Sr. Regional Controller is responsible for understanding the working capital requirements of the hotels they support and ensuring there are appropriate levels of liquidity. This includes, preparing and presenting monthly and/or weekly cash flows to ownership. Supporting the Senior VP of Finance & Accounting, this individual’s responsibilities include the training, coaching, organizing, and coordination of the activities of assigned hotels’ accounting offices, to ensure efficient operations. This role has an added responsibility for a portfolio of hotels, working closely with ownership, identifying, resourcing, leading and solving opportunities within the team and across the key systems to make accounting functions and processes more efficient for the company. The Sr. Regional Controller is responsible for auditing bank and balance sheet accounts each month ensuring timely resolution of any outstanding items.
Additional Responsibilities
- Serve as a financial advisor and resource to hotels’ financial and management teams.
- Resolve accounting issues and communicate proper procedures to hotels and to the centralized accounting staff.
- Reviews, analyzes, modifies, and implements efficient and effective general accounting processes. In accordance with GAAP, USALI and the HVMG SOP’s.
- Ensure all monthly Hotel Financial Statements are prepared in accordance with standards, reviewed for accuracy, and distributed in a timely manner.
- Review Profit & Loss Statements for accuracy. Review and research any entries or results that appear inaccurate, unexplainable, or that creates significant variance with planned or historical results.
- Audit and/or Produce monthly financial reports as required or requested.
- Provide information to third party owners as required or requested.
- Track key metrics for all hotels and work with General Managers to assess and improve performance. Recommend areas of possible savings opportunities and efficiencies.
- Work with takeover teams for the smooth transition of new properties into the system. Assist in training of property Controllers
- Audit all monthly Balance Sheet and related reconciliations to ensure accurately completed, fully supported, and post adjusting entries in a timely manner.
- Produce weekly and monthly cash forecasts, work with ownership as it relates to funding requests and/or disbursements
- Assist properties with annual budget process as needed, verify Fixed expense budget for accuracy
- Review payroll upload files at hotel level for accuracy before posting. Work with properties and HR to resolve discrepancies
- Understanding of mapping hotel PMS and POS systems as it related to income Journals
- Review hotel action plans created as a result of internal audit. Monitor compliance
- Prepare fixed asset additions for proper coding and update depreciation schedules.
- Prepare, file and pay all operational tax returns for the hospitality operations within their portfolio; Sales, Use, Transient Occupancy, Telecommunications, etc. Adhering to all local deadlines to avoid penalties and late fee’s
- Address tax collection variances with properties and assist in resolving, monitor progress
- Quarterly Audit of Critical Date List database of all licenses, business permits, contracts, leases, and other legal obligations to ensure all are current and maintained in accordance to the appropriate documents.
- Manage all retail entities to ensure proper recording of financial data. Reconcile CAM fees on an annual basis and communicate to tenants, ownership and third party managers any required changes.
- Review credit card fees and bank fees for reasonableness. Investigate anomolies
- Ensure Daily bank recons are being completed and accurate, follow up and resolve open items before month end closing
- Review property accounts receivable and communicate any risk to SVP of Finance, ensure bad debt reserve is updated in accordance with SOP’s.
- Identify, resource, lead and solve opportunities within the team and across the key systems to make accounting functions and processes more efficient for the company. These opportunities will (a) be within the SageIntacct, ProfitSword, and other related platforms, (b) involve cost-effective outsourcing, process mapping and reengineering, and training delivery of identified accounting processes and tasks, (c) require becoming the company’s subject matter expert on one or more accounting topics, and (c) benefit corporate or property-level accounting tasks.
- Approach all encounters with clients and team members in a friendly, service-oriented manner.
- Work closely with ownership groups, maintaining a positive and professional relationship
- Maintain regular attendance in compliance with HV standards, as required by scheduling, which may vary according to the needs of the Accounting Department.
- Maintain high standards of personal appearance and grooming.
- Comply at all times with HV standards and regulations to encourage safe and efficient operations.
- Maintain a friendly and warm demeanor at all times.
- Lead an accounting team which includes hiring, training, auditing and accountability
Job Knowledge, Skills, and Abilities:
- Experience with SageIntacct, ProfitSword Suite, Ottimate, Expensify and Hotel Effectiveness, or similar systems for each functional area.
- Extensive knowledge of financial statement preparation, accounts payable, payroll, and income audit back of house hospitality systems.
- Strong oral and written communication skills.
- Proficient in Microsoft Office Applications.
- Preparation and comprehension of cash flow statements
- Preparation, resolution and audit of bank account reconciliations
- Preparation, resolution and audit of all balance sheet accounts
- Oversight of multiple entities
- Proven track record of meeting deadlines
- Producing accurate financial statements
- Strong knowledge of Generally Accepted Accounting Principles
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
- Ability to write reports, business correspondence, and procedure manuals.
- Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Education & Experience
- Bachelor’s Degree from a four-year college or university with a degree in business required, preferably in finance or accounting or an equivalent combination of education and experience.
- 5 to 7 years hospitality industry experience either corporate/regional or on property related experience and/or training in the hospitality industry; Experience in closing multiple hotels in a centralized or hybrid accounting structure environment using SageIntacct,or equivalent systems.
Awesome Benefits...
- Medical / Dental / Vision
- Short Term Disability / Long Term Disability / Life Insurance
- 401k - 4% Match
- Paid Vacation Days / Paid Holiday / Paid Sick Days
- Company Travel Discounts
An Equal Opportunity Employer
We provide equal opportunity without regard to race, color, national origin, religion, sex, age, marital status, or disability.
Hospitality Ventures Management Group
Management Company
Our Aspiration
To be the most sought-after employer, operator and partner in hospitality.
Our Purpose
Be Excellent in all we DO so our Associates, Guests and Partners LOVE us!
What We Value
Talent, Relationships and Performance.
Our Commitment to Talent
“We are in the talent and relationship business, we just happen to run hotels.”
-Robert Cole, HVMG President & CEO
At HVMG, our focus is on having and creating an excellent experience as an associate and sharing that with our guests. Our hotels have unique personalities and associates, and we strive to recognize and embrace their uniqueness. The GM is the CEO of his or her hotel.
To ensure that we always deliver excellence, HVMG constantly seeks feedback from key stakeholders to improve our management service offerings and results. Those stakeholders include our General Managers. Here are the results from our recent General Manager Opinion Survey:
- 95.2% satisfaction working as a General Manager with HVMG
- 95.9% would recommend others to work for the company
Additionally, there are countless comments stating their LOVE of our culture, citing HVMG’s “entrepreneurial environment”, ”freedom to make decisions”, and “…being the CEO is not lip service”, among many others.