Concord Hospitality - Raleigh, NC

posted 2 days ago

Full-time - Mid Level
Raleigh, NC
Accommodation

About the position

Concord Hospitality is seeking a detailed oriented Lead Property Controller that will administer, direct, and control the accounting operations for a select group of hotels. This role also provides leadership and training internally and externally, assuring Accounting processes and procedures are adhered to.

Responsibilities

  • Administers, directs, and controls the operations of the Accounting for a select group of hotels.
  • Provides leadership and training internally and externally, assuring Accounting processes and procedures are adhered to.
  • Ensure Centralized Controllers, Sr, Financial Accountants, Financial Accountants, and Accounting Assistants generate end-of-month reports as stated in the HMA.
  • Review monthly/quarterly balance sheets, ensuring reconciliations are completed and outstanding items cleared promptly.
  • Review and approve cash flows for accuracy.
  • Ensure compliance with Standard Operating Procedures (SOPs), Accounting COPs, and Concord Hospitality Associate Handbook to sustain proper controls to minimize losses, retain revenue, reduce expenses, and safeguard assets as well as certifying all deadlines are met.
  • Address Property Management System (PMS) issues, General Ledger (G/L) issues, cash flows, and balance sheet reconciliations.
  • Lead, train, and develop the accounting team by setting clear expectations, providing feedback, and fostering a culture of accountability, collaboration, and continuous improvement to ensure high performance and accuracy.
  • Responsible for directly supervising Centralized Controllers as well as managing oversight of Senior Financial Accountants, Financial Accountants, and Accounting Assistants.
  • Organize and lead weekly departmental meetings.
  • Interview new associates as needed.
  • Provide disciplinary action in collaboration with Human Resources when necessary.
  • Review and approve bi-weekly hourly timecards.
  • Assist due diligence activities for potential purchases, sales, or refinancing deals.
  • Monitor and approve banking exceptions during PTO.
  • Act as a backup to the Accounting Support Manager for all weekly CHECO intercompany invoices and send out to the Accounting Assistants.
  • Assist with the budget review process and provide guidance to Centralized Controllers, Sr. Financial Accountants, Financial Accountants and Jr. Staff Accountants as needed.
  • Monitor Brand, Concord preferred vendors and CHECO aging's ensuring accounting team is processing payments in a timely manner.
  • Act as interim Centralized Controller when needed.
  • Respond to inquiries from accounting peers, properties, ownership, or management within one business day.
  • Serve as a financial leader and business partner within the organization, consistently conducting yourself with professionalism and integrity in all interactions.
  • Keeps 'open communication' between subordinates, peers, and associates.

Requirements

  • Hotel accounting experience required.

Benefits

  • Competitive wages
  • Extensive benefit package including dental/vision plans
  • Life insurance
  • Short-term/Long-term disability options
  • Corporate discretionary bonus
  • 401K options
  • Tuition assistance
  • Training & development
  • Career advancement opportunities
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