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  • Financial Controller

    The Colonnade Hotel (Boston, MA)



    Apply Now

    The Colonnade Hotel is an independent, luxury-focused hotel, centrally located in Boston's historic Back Bay and features 285 stylishly appointed guest rooms and luxury suites. The Colonnade Hotel is known for its attentive service and unique guest offerings, including Boston's only Roof Top swimming pool. If you are a self-driven and efficient Hotel Financial Controller, this could be a terrific position for you. What we’re looking for: The Controller will be responsible for managing the day to day operations of the accounting department, including preparation and management of the hotel’s financial statements and implementing and overseeing all activities relating to the financial aspects of the hotel in compliance with tax laws. Additionally, the Controller will be responsible for financial analysis, reporting, budgeting, forecasting, audit control, asset and liability reconciliation, working capital and cash control.  This position involves working closely with other departments as well as interacting directly with clients. Strong accounting proficiency and effective collaboration with clear communication skills are crucial for success in this role.   What this job involves: * Responsible for the hotel’s overall accounting and financial management requirements. *  Responsible for the local tax authority compliance of the hotel. *  Responsible to support and liaise with the Managing Director in meeting the strategic goals of the organization. *  Responsible for preparing/reviewing annual budgets, monthly forecasts, and operating results. *  Responsible for verifying all financial reports and ensuring that all transactions are accurate and in compliance with local government regulations. * Responsible to liaise with the Controller at The Druker Company/Owner. * Able to prepare/submit management reports in a timely manner and ensure delivery deadlines. * Able to ensure a strong accounting/operational control environment to safeguard hotel assets. * Able to proactively assist with cost control requirements. * Able to assist with revenue enhancement initiatives. * Able to assist with verifying and recording monthly inventories. * Able to assist with profit improvement opportunities for hotel operations. * Able to develop specific goals and plans to prioritize, organize and accomplish requirements of the job. * Responsible for building an efficient and professional team of employees within Finance and Accounting Department. * File taxes with concerned authorities on a monthly/regular basis. * Monitor and improve hotels operation costs, profitability and manage business risks. * Ensures profits and losses are documented accurately. * Ensures property policies are administered fairly and consistently. * Achieves and exceeds goals including performance goals, budget goals, team goals, etc. * Oversees internal, external and regulatory audit processes.  * Assist internal auditors with annual financial audit. * Provides excellent leadership by differentiating top performers, fosters teamwork and also able to encourage work/life balance. * Ensures employees establish and maintain open, collaborative relationships within their team. * Participates in the employee performance appraisal process, providing feedback as needed. * Responsible to ensure disciplinary procedures and documentation are completed according to hotels standard. * Any other tasks or duties as may be required by management from time to time.     Skills, Abilities and Experience needed to be successful * Previous experience, at least 5+ years at a luxury hotel Accounting office is necessary * Excellent understanding of Finance and Inventory Management. * Understanding knowledge of Cost Control, Budget Allocation and Payroll Management. * Knowledge and mastery of the hotel accounting system Opera/Oracle. * Must be a reliable, detail-oriented, and organized systematic thinker. * Must be able to prioritize job functions in order to meet deadlines. * A college degree or the equivalent coursework in a related specialized field and related experience and/or minimum of 5 years experience. * Skilled in computer equipment and Microsoft Office programs, especially Word and Excel, other database/applications a plus * Strong verbal and written communication skills needed. * Problem solving skills, Time Management, Documentation Skills. * Must possess the ability to work well under pressure and adjust effectively to change.    Physical Requirements: Ability to stand or sit for long periods of time and move frequently from area to area. Ability to bend, stoop, crouch, reach with hands and arms. Regularly lift and/or move up to 25 pounds and occasionally lift and/or move up to 40 pounds. Must be able to stand for an extended period and for an entire work shift.   The Colonnade values diversity, prohibits discrimination and is an Equal Opportunity Employer.

     


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