Financial Controller

Hyatt Regency Newport Beach West; Newport Beach (CA); On-site; USD 110,000 - 140,000; Full time

Job summary

Hyatt Regency Newport Beach West is hiring a Financial Controller to lead the hotel’s accounting function and drive financial accuracy. You will direct the preparation of monthly and annual reports, forecast revenues and expenses, and ensure strong internal controls while safeguarding owner assets.

The role requires supervisory accounting experience, familiarity with PMS/POS systems, and the ability to coordinate audits and regulatory reporting with the General Manager and asset manager.

Qualifications

• 4-year degree in Accounting/Finance and at least 2 years in accounting with supervisory experience.
• Hotel accounting background preferred with knowledge of PMS and POS systems and reports.

Responsibilities

• Plan, direct, and manage the provision of accurate, timely and objective financial data for informed management decisions.
• Prepare monthly and annual reports; summarize and forecast revenues, expenses and earnings based on operations.
• Apply statistical techniques (frequency distribution, ANOVA, correlation) where appropriate.
• Negotiate and monitor contracts with hotel vendors.
• Maintain proficiency in Word, Excel, ADP, MAS-500 and other systems; perform budget analyses.
• Ensure collection and payment of taxes (local, state, federal).
• Advise management on operational adjustments due to tax code revisions.
• Arrange audits of hotel accounts by local regulators and compliance audits.
• Prepare reports required by regulatory agencies.
• Collaborate with General Manager, Asset Manager, and owner accounting representative across operations.

Skills

Financial reporting

Internal controls

Analytical skills

Budgeting

Supervisory experience

Vendor management

Education

4-year degree in Accounting/Finance

Tools

Microsoft Word

Excel

ADP

MAS-500

Job description

Financial Controller | Hyatt Regency Newport Beach West

Job Description

• Plan, direct, and manage the provision of accurate, timely and objective financial data from which informed management decisions can be made. Recommend remedial action when and when necessary. Safeguard owner assets by creating and maintaining sound internal control systems. Participate in the total hotel management as a member of the hotel Executive Committee.
• Support General Manager and Hotel Financial goals by direct preparation of monthly and annual reports; summarize and forecast hotel revenues, expenses and earnings based on the past, present and expected operations.
• Must be able to apply mathematical operations to such tasks as frequency distribution, analysis of variance, correlation techniques, sampling theory, and factor analysis.
• Negotiate and monitor contracts with hotel vendors!
• Must be proficient in Microsoft Word, Excel, ADP, MAS-500 and other applicable computer systems. Budgetary analysis capabilities required.
• Ensure the collection and payment of applicable local, state, and federal taxes.
• Advise management of desirable operational adjustments due to tax code revisions.
• Arrange for audits of hotel’s accounts from local regulatory agencies and compliance audits from local union house. Must have a strong working knowledge of internal control procedures and implementation.
• Prepare reports required by regulatory agency.
• Work closely with General Manager, Asset Manager, and owner accounting representative at all levels of hotel operations concerning accounting functions and compliance with franchise and operating agreements.

JOB REQUIREMENTS

• Must possess a 4-year degree in Accounting/Finance and at least 2 years in accounting job with supervisory experience.
• Preferably with hotel accounting background with knowledge of PMS and POS systems and reports.

Equal Opportunity Employer

Hyatt Regency Newport Beach West is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.

Source: Hospitality Online