Hotel Finance Controller: Budgeting & Forecasting

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

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.