Controller

TPG Hotels & Resorts; Providence (RI); On-site; USD 110,000 - 150,000; Full time

Job summary

TPG Hotels & Resorts seeks an experienced Controller to oversee all hotel finance operations in Providence. You will manage budgeting, month-end closes, P&L analysis, and forecasting, ensuring accurate reporting to management and corporate offices.

The role requires CPA/CMA certification or equivalent experience, with a track record in hospitality finance, strong analytical skills, and leadership ability to guide a team of accountants and clerical staff.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field (Master's degree preferred).
• CPA (Certified Public Accountant) or CMA (Certified Management Accountant) certification is often preferred.
• Several years of experience in financial management, ideally within the hospitality industry.
• Strong knowledge of financial and accounting software.
• Excellent analytical and problem-solving skills.
• Knowledge of local and federal financial regulations.
• Strong interpersonal and leadership skills.

Responsibilities

• Prepare and analyze financial statements, Month End closing, and P&L report.
• Provide financial reports to the hotel's management and corporate office.
• Develop and maintain the hotel's annual budget.
• Monitor and compare actual financial results to budgeted figures.
• Create financial forecasts and participate in strategic planning.
• Conduct in-depth financial analysis to identify cost-saving opportunities and revenue-enhancing strategies.
• Manage and oversee the hotel's cash flow, ensuring funds are available for operational needs.
• Monitor daily cash receipts and disbursements.
• Utilize financial software and systems to record and track financial transactions.
• Supervise accounts payable and receivable processes.
• Ensure timely payment to vendors and collection from customers.
• Collaborate with internal and external auditors to ensure compliance with financial regulations and hotel policies.
• Implement and maintain internal controls to safeguard assetsPayroll and Tax Management: Oversee payroll processing and tax-related matters.
• Ensure compliance with local, state, and federal tax regulations
• Lead and manage the finance team, including accountants and clerical staff.
• Provide guidance and training to staff members.

Skills

Financial analysis

Budgeting

Leadership

Payroll processing

Regulatory compliance

Accounting software

Education

Bachelor's degree in Finance/Accounting

CPA or CMA certification

Tools

Financial software

Payroll systems

ERP systems

Job description

The Controller is responsible for overseeing and managing the financial and accounting operations of the hotel. Their primary role is to ensure the efficient and accurate management of the hotel's financial resources. This includes budgeting, financial reporting, cash management, and ensuring compliance with accounting standards and hotel policies.

What You'll be Doing

• Prepare and analyze financial statements, Month End closing, and P&L report.
• Provide financial reports to the hotel's management and corporate office
• Develop and maintain the hotel's annual budget.
• Monitor and compare actual financial results to budgeted figures.
• Create financial forecasts and participate in strategic planning.
• Conduct in-depth financial analysis to identify cost-saving opportunities and revenue-enhancing strategies.
• Manage and oversee the hotel's cash flow, ensuring funds are available for operational needs.
• Monitor daily cash receipts and disbursements.
• Utilize financial software and systems to record and track financial transactions.
• Supervise accounts payable and receivable processes.
• Ensure timely payment to vendors and collection from customers.
• Collaborate with internal and external auditors to ensure compliance with financial regulations and hotel policies.
• Implement and maintain internal controls to safeguard assetsPayroll and Tax Management:
  • Oversee payroll processing and tax-related matters.
  • Ensure compliance with local, state, and federal tax regulations
• Lead and manage the finance team, including accountants and clerical staff.
• Provide guidance and training to staff members.

What You Bring

• Bachelor's degree in Finance, Accounting, or a related field (Master's degree preferred).
• CPA (Certified Public Accountant) or CMA (Certified Management Accountant) certification is often preferred.
• Several years of experience in financial management, ideally within the hospitality industry.
• Strong knowledge of financial and accounting software.
• Excellent analytical and problem-solving skills.
• Knowledge of local and federal financial regulations.
• Strong interpersonal and leadership skills.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.