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Olshan Properties

Controller

Reposted 4 Days Ago
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In-Office
Boston, MA, USA
140K-150K Annually
Senior level
In-Office
Boston, MA, USA
140K-150K Annually
Senior level
Manages hotel accounting operations, including financial reporting, general ledger reconciliations, payroll verification, budgeting, forecasting, tax reporting, audits, and sales tax review. Supervises, trains, and evaluates accounting staff; maintains accounting systems, records, backups, and standard operating procedures. Ensures compliance with accounting principles, company policies, and reporting deadlines while supporting hotel leadership and executive meetings.
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 POSITION PURPOSE:

Maintain control over revenues, expenses, assets and liabilities of the Canopy Boston Downtown while providing direct supervision and training to accounting team members. Preparing property budget, as well as ensuring that all financial record keeping and reporting functions are accomplished in accordance with company policy, procedure and requirements.


ESSENTIAL FUNCTIONS:

Hire, train, evaluate and direct the performance of the accounting team. Assist in training night audit team members on accounting job duties.

Prepare and/or review daily, weekly and monthly financial reports in accordance with reporting calendars and ensuring the accuracy and timely submission of these reports.

Responsible for computer systems, file data backup and organization of the Accounting department files.

Verify payroll input including gratuities, commissions, time off and time clock punches.

Maintain control over the record keeping function to include:

          A. Reconciliation of general ledger account balances and cash account statements.

          B. Preparation and review of information to be posted to subsidiary and general ledger.

          C. Coordinating monthly general ledger closing, journal entry preparation and distribution of statements.

          D. Ensuring that all financial transactions are recorded in accordance with accepted accounting principles and internal policies and procedures.

Prepare fiscal budgets and financial forecasts as determined by management.

Prepare all required tax reports including city, county, state and federal for review by Olshan Properties Finance.

Participate in Executive Committee meetings and weekly staff meetings. Conduct a monthly departmental meeting.

Ensure company SOP's are in place and followed

Assist with internal and external audits.

Review sales tax daily

Account reconciliations (assets and liabilities)

Income journal entries


SUPPORTIVE FUNCTIONS:

In addition to performance of the essential functions, this position may be required to perform a combination of supportive functions, with the percentage of time performing each function to be solely determined by the General Manager based upon the particular requirements of the hotel.


OTHER :

 Due to the cyclical nature of the hospitality industry, employees may be required to work varying schedules to reflect the business needs if the hotel including holidays and weekends.

SPECIFIC JOB KNOWLEDGE, SKILLS AND ABILITIES:

The individual must possess the following knowledge, skills, and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job, with or without reasonable accommodation, using some other combination of skills and abilities.

Knowledge of hotel operations, including marketing plans, security, and safety programs, personnel and labor relations, preparation of business plans, repairs, maintenance, rehabilitation plans, budget forecasting, quality assurance programs, hotel law and the development of long-range planning.

Leadership skills to motivate and develop staff and to ensure the accomplishment of goals. Able to set priorities, plan, organize, delegate, and control.

Ability to read, write, speak listen effectively and understand the English language to communicate with management and staff – being persuasive, clear and to the point. Written communication skills to be concise, well organized, complete, clear and understandable in order to formulate complex reports and communicate with the public, staff, corporate offices, and owners.

Ability to move throughout premises and visually inspect conditions including bending, stooping and reaching arms overhead.

Ability to work effectively under time constraints and deadlines.

Ability to travel to various sites on and off hotel property and continuously perform essential job functions.

Ability to remain stationary and concentrate on tasks for long periods of time.

Knowledge of AP systems and work order systems.

Protect employer’s privacy and data; keep passwords safe.


QUALIFICATION STANDARDS:

Bachelor’s Degree or equivalent combination of education/experience

A minimum of five years as a hotel controller

Hilton experience preferred

Experience in the Boston hospitality market preferred

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