Controller
Downright Austin, A Renaissance Hotel
Austin, TX

Controller

Downright Austin, A Renaissance Hotel

Description

We are hiring a Property Controller.

SUMMARY: To be responsible for the hotel’s accounting and financial management requirements. Managing the accounting department, procurement function. To provide the general manager with meaningful and timely information on the status of the hotel’s performance. To assist proactively with cost containment, revenue enhancement, profit improvement opportunities and safeguarding of the company’s assets.

RESPONSIBILITIES:

Protects the assets of the hotel.

Provides the General Manager with timely and accurate data on which to make management decisions. Provides accurate and meaningful financial statements to owners and management.

Ensures proper controls are in place and monitors such controls.

Ensures the various areas under the responsibility of the Controller are operating effectively and efficiently.

Ensures the controls are minimizing losses and maximizing profits by retaining revenues, reducing expenses, and safeguarding hotel assets.

Assist with preparation of the monthly forecasts

Maintain/update hotel monthly checkbook

Maintain/update weekly Hotel Effectiveness reports

Post month end journals

Maintain/reconcile monthly balance sheets accounts

Sign for, set up account for, and log advance deposits when Account Manager not available

Answer any guest questions/research when Account Manager is not available.

Post all charges, rebates, etc. when Account Manager not available

Assist credit card inquiries and charge backs. Reconcile credit card accounts.

Prepare and run write-off meetings at end of month when Account Manager not available

Review financial reports in accordance with reporting calendars and create any necessary journal entries

Process vouchers for all F&B Comps

Formulate and execute a strategy to keep the Days Sales Credit Outstanding under 32 days.

Responsible for general office duties.

Assists HR with tip balancing weekly prior to payroll submission

Keeps “open communication” between subordinates, peers, and associates.

If available, trains all associates in the Accounting department how to perform their job duties to the best of their abilities while in accordance with established objectives, policies, and procedures.

Provides disciplinary action when, and if, necessary.

Participates in weekly Leadership Team meetings, property MOD program, weekly staff meetings, monthly department and safety meetings

Administers and maintains accurate records of necessary federal, state, and local reports as required by the applicable laws, franchise SOPs, and Concord/local SOPs.

Deviations of hotel policies, procedures, legal requirements, and contractual obligations, which come to attention, are reported to the General Manager.

Interviews and hires new personnel as needed.

Evaluates staff performance on a forty-five day, ninety-day, 6 month, and annual basis.

Conducts self to reflect the high standards of professionalism within the Concord Hospitality organization.

Learns, understands, and refers to the Standard Operating Procedures.

Assist other Leadership Team members and/or managers when needed.

Benefits:

We offer competitive wages and our full-time associates are eligible to enroll in our comprehensives benefit package, which includes medical/ dental/vision plans, complimentary life insurance with options for enhancements, ST/LT disability offerings, a 401K plan with company match, tuition assistance, plus training & development as well as career advancement opportunities.

Why Concord?

Concord Hospitality invests in its associates by providing training and development at all levels, from interns to executive leaders. Our “Associate First” culture supports and inspires personal development both within the workplace and beyond. Our associates are what our company is built on, and we are proud to recognize them for their hard work, dedication, and commitment to excellence.

We value work life balance, diversity, and our commitment to provide the best customer service and quality accommodations in every market we exist. Concord is built on 5 cornerstones: Quality, Integrity, Community, Profitability and FUN! Our associates say it best with our national company cheer heard throughout North America ---

“We Are Concord! ”We support diversity and inclusion through our mission to be a “Great Place to Work for All."

Pay Range: $77,000 - $96,000 depending upon experience

Downright Austin, A Renaissance Hotel

367 Room Hotel

Stay and play at downtown Austin's newest hotel located near University of Texas at Austin's campus. Downright Austin, a Renaissance Hotel offers 367 rooms and suites that are bold and inviting, featuring views of the Texas State Capitol and downtown. From our style to our hospitality, we're full of unexpected delights. Soak in the sun at our urban oasis: a resort-style outdoor pool surrounded by our lush Lawn. We're a vibrant destination with over 17,000 sq ft of indoor and outdoor event space in Austin, TX; including the Capitol Ballroom for up to 1,200 guests, plus multiple breakout rooms and outdoor venue options. Downright, the most convenient downtown Austin hotel, is within walking distance of 6th street nightlife, UT campus & stadium, the Moody Center, concert venues (Mohawk, Waterloo, Stubbs), and the Capitol. Toss your keys to the valet or ditch your car in our on-site parking garage. Check-in to the new hotel that is absolutely, positively, Downright Austin