Lead Property Controller - Corporate Office
Concord Hospitality Enterprises
Raleigh, NC

Concord Hospitality Enterprises

11410 Common Oaks Drive

Raleigh, NC 27614

Telephone (919) 455-2900

Website www.concordhotels.com

Management Company
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Lead Property Controller - Corporate Office

Concord Hospitality Enterprises

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Description

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.

Financial Management and Compliance:

  • 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.

    Leadership and Accountability:

  • 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.

    Departmental Support:

  • 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.

    Customer Service, Communication and Professional Conduct:

  • Respond to inquiries from accounting peers, properties, ownership, or management within one business day. If an immediate answer or resolution is not available, acknowledge receipt of the inquiry and communicate that it is being reviewed. Conduct thorough research to deliver reliable, data-backed responses.
  • 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.

    Qualifications:

    Hotel accounting experience required.

    Why Concord?

    At Concord Hospitality, our Corporate Team Members earn competitive wages, receive our extensive benefit package including dental/vision plans, life insurance, ST/LT disability options corporate discretionary bonus, 401K options, tuition assistance plus training & development and career advancement opportunities.

    Concord Hospitality earned the recognition of GREAT PLACES TO WORK as well as our recent acknowledgement of Great Places to Work for Millennials and Great Places to Work for Women!

    Pay range: $70,084 - $87,605

    • Qualifications

    3+ years Hotel Property Accounting

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    Concord Hospitality Enterprises

    Management Company

    Careers and Hospitality Job Opportunities with Concord

    Concord Hospitality Enterprises Company is an award-winning hotel management and development company. Through the combined efforts of over 4,200 hard working and focused associates, Concord offers a unique blend of entrepreneurship, seasoned experience, innovation and technical excellence. These elements create a company equipped to produce above-standard returns, market sustainability and a partnership well worth investing in.

    Since Concord's inception in 1985, our success has been guided by our cornerstones: Quality, Integrity, Community, Profitability and Fun. These cornerstones are the indispensible and fundamental basis of our daily actions. Our commitment to these cornerstones has led us to be recognized as the respected hospitality company that we are.

    Concord is one of North America's largest hotel management and hotel development companies. Concord's passion for success has resulted in over twenty years of proven results as a hotel owner, manager, and developer of mid market and first class hotel properties. Concord's goal is to create value for its partners and associates by leveraging its operations, development, sales & marketing, technology, accounting, and management skills over its growing portfolio of first-class business hotels.

    Concord has experienced sustained growth of a remarkable 35% annually for three years in a row and with over half a billion in new hotel projects in the pipeline, that number is projected to increase noticeably. Additionally, Concord is expanding its portfolio through third party management contracts with leading brand partners such as Marriott, Hilton, Starwood, Choice and Intercontinental Hotels. These growth opportunities have presented themselves to Concord based on our strong relationships with investment partners.