Vice President, Corporate Controller (Hospitality Group) - B. F. Saul Company

Summary of Competitive Benefits & Perks:

• Health/Medical Insurance including Dental and Vision
• 401(k) with company match
• Paid time off
• Bonus/Target Incentive
• Tuition Reimbursement
• Complimentary usage of modern in-house fitness center
• On-premise full-service dining center discounts
• Discounts via the company's EAP
• Monthly Employee Recognition Programs
• Referral bonus
• Pre-tax transportation options
• Plus more!

Key Responsibilities: Through and in conjunction with the Director of Field Accounting and the General Managers of the hotels, manage and supervise the field accounting staff to include, but not limited to:

• Staff direction, recruitment, hiring, training, discipline and goal planning and performance management.
• Monthly reporting of financial results and control over financial transactions.
• Management reporting support and operational integration at the departmental level.
• Response to internal audit findings related to financial matters and oversight of actions to improve field policies and procedures that pertain to financial matters.

Additional Key Responsibilities: Manage and supervise the corporate accounting staff to include, but not limited to:

• Staff direction; recruitment, hiring, training, discipline, goal planning and performance management.
• Monthly reporting of financial results and control over financial transactions.
• Daily, weekly and monthly reporting of hotel operating statistics, metrics and forecasts.
• Ensuring accurate and timely filing and/or payment of personal property taxes, real estate taxes, insurance premiums, mortgage loans secured by hotel properties, paycheck protection program loans, etc.

More Key Responsibilities:

• Full responsibility for the accounting and reporting of the financial position and results of operations of the Hospitality Group; regardless of the group that processes underlying transactions.
• Ownership and responsibility for the management and support of third parties whose systems are used to process underlying transactions, whether or not integrated into the accounting system. Such systems include, but are not limited to, purchasing cards, purchase orders, accounts payable, daily reporting, budgeting, and forecasting.
• Collaborate on the preparation of the annual budget for the Hospitality Group including, but not limited to, fully supporting the revenue, expense and fixed cost budget planning by working closely with the management team and ensuring accuracy and timeliness of the budget process.
• Provide financial reporting support to the executive management team of the Hospitality Group.
• Analyze monthly financial results and proposed transactions and make recommendations to improve profitability through examination of contracts, payment arrangements, and all financial transactions. By way of example, these areas should include, but not be limited to, Pcard usage, analysis of vehicle acquisition arrangements (purchase vs lease), efficient processing and payment of personal property and real property taxes, and consolidation of vendors and services.
• Review financial management operations and make recommendations to improve efficiencies, including, where practicable, automation of manual tasks. Areas include, but are not limited to, month end closing cycle, financial report production cycle, accounts payable management, and accounts receivable management.
• Ensure that all financial transactions are accounted for in accordance with the applicable GAAP, income tax regulations, and internal policies, as appropriate.
• Analyze and make recommendations for areas requiring judgement such as reserves for accounts receivable and medical insurance.
• Ensure that inter- and intra-company transactions are processed in a manner that is efficient, minimizes touch points, and without the incurrence of fees and costs related to processing those transactions (e.g., bank fees for moving cash, incremental income taxes, etc.).
• Ensure that all departmental policies and procedures are documented, consistent with policies and procedures of other property divisions, as applicable, and consistent with corporate policies. Ensure adherence to such policies and procedures within the Hospitality Group.
• Special projects and other duties as assigned.

Position Requirements:

• 7 - 10 years of hotel experience (corporate and/or field) strongly preferred.
• Accounting degree (either bachelor's or masters).
• Certified public accountant
• Supervisory experience.
• Strong organizational skills.
• Ability to communicate clearly, concisely, and effectively with staff, peers and senior management.
• Attention to detail.
• Ability to meet multiple priorities and deadlines.

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