Finance Director/Controller - Merriweather Lakehouse
Columbia, MD
About the Job
Merriweather Lakehouse, an upscale boutique hotel in Columbia is looking for a detail oriented individual to join our team.
Job Description: Supervises and directs the financial activities of the hotel and safeguards the hotel assets. Will be responsible for managing the day to day operations of the accounting department. Overseeing all activities relating to the financial aspects of our hotel in compliance with the Corporate Office policies and procedures and the local and state tax laws. Additionally, responsible for the financial analysis, reporting, budgeting, forecasting, audit and controls.
Typical Work Conditions: Office Equipment Used: Computer, printer, fax, telephone, scanner, copier, calculator
Knowledge/Training:
- Bachelor's degree in Accounting or Hotel Management
- Experience in hotel property preferred
- Expert in Microsoft Office
- Knowledge of Hotel Software or Property Management Systems like Delphi, OnQ, MICROS
- Excellent communication and negotiations skills
- Fluent in English, both oral and written
- Excellent financial/business decision making
- Should possess strong Financial knowledge
- Analytical and organization skills
Essential Tasks:
- Responsible for the properties overall accounting and financial management requirements
- Actively participate in Executive Committee and staff meetings
- Effective use of the Controller's Checklist
- Aggressively fulfill the accounts receivable management responsibilities to maximize receivable realizations
- Coordinate the property's labor management system
- Prepare for approval year end write offs
- Review all major banquet functions and group accounts for proper payments prior to arrival
- Approve all major accounts for credit as defined by the corporate office SOP
- Maintain appropriate standards for 60-90 accounts. Conform to standards regarding the average collection period
- Understanding of all pertinent leases, contracts, agreements, covenants, and restrictions
- To keep management and the corporate office informed of sales and profit attainment throughout the period
- Support and comply with Corporate SOPs and Financial and Accounting Practices, Procedures and Policies
- Assist other managers in analyzing statements, distributions, and other financial data
- Skill in correcting deficiencies identified on Internal Audit report
- Work with the General Manager and hotel team on the preparation and presentation of the annual operating budget
- Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor
- Responsible for preparing and reviewing annual budgets, monthly forecasts, and operating results
- Prepare and submit management reports in a timely manner and also ensuring delivery deadlines
- Effectively adhere to all corporate accounting policies and procedures
- Able to assist proactively with cost control requirements
- Inform the General Manager and Corporate office of current and potential financial problems
- Complete entries required by the Corporate office for preparation of the statements
- Able to assist with revenue enhancement possibilities
- Review statements for inaccurate date and send corrections to the corporate office
- Able to assist with profit improvement opportunities for our hotel's operation
- Able to develop specific goals and plans to prioritize, organize and accomplish the work
- Assist in the building of an efficient and professional team of employees within the Finance department
- Establishes and maintains open, collaborative relationships with employees
- Provides excellent leadership by differentiating top performers and fostering teamwork
- Participates in the employee performance appraisal process, providing feedback as needed
- Responsible to support and liaise with the General Manager in meeting the strategic goals of the organization.
Full benefit package offered to include; medical, dental, life insurance, long term disability, 401(k) with match and other voluntary benefits.
Background screen required.
Background screening is required for this position. You will receive a message requesting authorization.