Controller - Hotel

Holiday Inn Capitol National Mall is always looking for qualified and experienced professionals in the industry. We invite you to view our current career opportunities and apply. Our 536 room hotel is centrally located in the heart of downtown Washington DC and just steps away from the most popular attractions on the National Mall and the DC Wharf.

CONTROLLER

$100,000K  Annual Salary

Responsible for:

Essential Functions:

• HR – Development of Accounting Manager and support of accounting staff at hotels within the portfolio.
• General Ledger – Maintain prepaid expense schedule, balance sheet reconciliation and bank reconciliation.
• General Ledger – Prepare and balance the daily income journal, cash deposit and sales tax tracking. Review house accounts, post checks and reconcile IHG rewards.
• General Ledger – Review and respond to chargebacks, maintain A/R accounts and send invoices.
• Payroll – Prepare and send labor reports for department review. Ensure any variances to budget are explained and action plans are in place.  Post weekly payroll imports and monthly accruals.
• Month End – update and post recurring journal entries, inventory spot check, cash bank audit, close/open house accounts, prepare draft P&L for GM and department manager review, work with GM to complete P&L and Manager’s Report.
• Accounts Payable – code, review use tax and submit invoices to M3, utilize IBuyEfficient, maintain checkbooks, review vendor statements, negotiate vendor pricing and maintenance contracts to reduce costs.
• Sales and Use Tax preparation and submission
• Prepare and submit ABRA quarterly report 
• Maintain Permits & Licenses with copies of documentation sent to Home office
• Run Reports at month end and send to Corporate Office (Guest ledger, City Ledger, Advance Deposit, Tax exempt, etc.)
• Lead the forecast and budget processes in Profitsword
• Protect the assets of the Company and ensure standard operating procedures are followed
• Review Food and Beverage inventory for cost/budget discussion with  Department Heads
• Market Inventory spot check and cost review to maximize profit
• Review Linen inventory every quarter
• Research and resolve vendor invoice and payment discrepancies and issues
• Request and maintain vendor W-9’s and other required paperwork
• Accurately calculate use tax for vendor invoices without sales tax
• Monitor vendor accounts to ensure that payments are made and recorded on time
• Work with the team to manage other expenses and look for opportunities for saving costs from vendors
• Review and approve credit applications with General Manager and Corporate Office
• Process Rooms Commission accrual and payment
• Review employee expense reports for the correct GL Coding, validate and process
• Process special check request and payments
• Process IHG payment on the 15th of the month
• Manage IHG Reward payment posting on A/R
• Attend weekly credit meetings and establish method of payment for house/group accounts
• Check out house/group accounts timely and keep aging under 90 days
• Process payments using company credit card
• Other projects as requested by General Manager and Donohoe Hospitality Services, Vice President of Finance
• 5 days in office is required

Education and Experience

• Bachelor’s Degree in Accounting, Finance or related field from an accredited college or university is required.
• 2 years of hotel accounting experience. Prior Director or Manager in Hotel Accounting is highly preferred.
• Knowledge of hotel night audit is ideal.
• Holiday Inn Brand experience is a plus!

Required Skills and Abilities

• Proven track record of leading a team and driving business results
• Must show ability to develop non-finance leaders while also completing key deliverables
• Strong finance acumen and analytical skills
• Experience with budgeting, forecasting, AP, AR, Advance deposit, city ledger, credit, bank reconciliation, collections, audit, inventory, cash bank audit, open/close house accounts, payroll, budget, G/L, costing P&L (preparation/analysis), Labor reporting, process controls
• Knowledge of IBuyEfficient, profitsword forecast, budget modules, IHG is ideal
• Time management and dedication are keys to success