Finance & Accounting | Controller

Responsibilities

• Maintain a documented system of accounting policies and procedures.
• Manage outsourced functions.
• Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
• Oversee the accounting operations of subsidiary corporations, especially in their control systems, transaction-processing operations, and policies and procedures.
• Ensure that accounts payable are paid in a timely manner.
• Ensure that all reasonable discounts are taken on accounts payable.
• Ensure that accounts receivable is collected promptly.
• Process payroll in a timely manner.
• Ensure that periodic bank reconciliations are completed.
• Ensure that required debt payments are made on a timely basis.
• Maintain chart of accounts, an orderly accounting filing system, and a system of controls over accounting transactions.
• Audit daily F&B revenue across all outlets (restaurants, bars, lounges, banquets, in-room dining, and minibar) and reconcile POS reports to the general ledger.
• Review voids, comps, discounts, complimentary checks, and adjustments for proper authorization and supporting documentation.
• Reconcile cashier reports, over/short logs, and credit card settlements; investigate and resolve discrepancies.
• Analyze variances between theoretical and actual cost of goods sold; investigate root causes and recommend corrective action.
• Monitor inventory and purchasing activity.
• Cook up the corporate annual report.

Requirements

• Knowledge of accounting concepts, practices, and objectives, with specific experience in hotel or restaurant F&B operations.
• Working knowledge of POS systems (e.g., Micros/Simphony, Infogenesis), PMS Systems (e.g., Opera), and inventory/procurement platforms (e.g., Adaco, BirchStreet).
• Understanding of F&B cost controls, recipe costing, menu engineering, and revenue audit practices.
• Current knowledge with regulations at the federal, state, and local levels.
• Ability to read, write, and understand English.
• Excellent planning and communication skills.
• Strong analytical and organizational skills.
• Takes initiative and has high expectations of self and team.
• Ability to utilize spreadsheet and presentation software.
• Knowledge, understanding, and compliance of policies and procedures, job descriptions, daily memorandums, and other instructions.