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Hospitality Regional Controller

Month2Month
Irvine, CA Full Time
POSTED ON 11/15/2024 CLOSED ON 1/13/2025

What are the responsibilities and job description for the Hospitality Regional Controller position at Month2Month?

About Us

Month2Month is a premier hospitality company committed to providing exceptional service and creating memorable experiences for our guests. We pride ourselves on our dedication to customer satisfaction and aim to create a welcoming, comfortable environment for all our guests. We are currently seeking a highly motivated and knowledgeable Regional Controller (Hospitality) to join, develop and grow our company based on proper accounting principals.

 

Job Overview

As a Regional Controller, you will oversee the entire accounting and financial processes in the U.S, while collaborating with our finance team in China.This highly strategic role values your contributions from day one.

 

Key Responsibilities:

  • Financial Oversight: Supervise and direct all financial activities of the corporation, safeguarding assets and ensuring compliance with generally accepted accounting principles.
  • Special Financial Analysis: Perform financial analysis as needed or requested by the CEO and Corporate Office, providing practical solutions from a cost vs. benefits perspective.
  • Policy Guidance: Provide accurate interpretations of financial policies and actively participate in Executive Committee and staff meetings.
  • Data Support: Assist other managers in analyzing financial statements, distributions, and other data, while supporting property standards and corporate SOPs.
  • Audit Compliance: Correct deficiencies identified in internal audits and effectively utilize the Controller's Checklist to enhance financial practices.
  • Budget Coordination: Coordinate the preparation and presentation of the annual operating budget and capital expenditures budget according to SOP.
  • Capital Expenditure Management: Control the capital expenditure program, conduct ROI analyses, and ensure accuracy in financial statement entries.
  • Accounts Receivable/Payable Management: Maintain standards for 60-90 day accounts, document local credit policies, and aggressively manage accounts receivable. Pay invoices on a timely basis based on corporate approvals.
  • Balance Management: Reconcile account balances regularly and ensure compliance with deferring payment procedures.
  • Department Management: Maintain and update job descriptions and standards, establish cross-training programs, and adhere to corporate wage policies.
  • Month-End Activities: Oversee month-end processes, including journal entries, GL & account reconciliation, fixed assets, and accruals.
    • Financial Reporting: Assist in the preparation of financial statements, corporate consolidation, and ensure accuracy in financial reporting.
  • SEC Filings: Understanding and have ability to perform all tasks related to Trade filing and preparation for IPO. 

Job Requirements:

  • Education: Minimum Bachelor’s degree (Masters preferred) in accounting, finance, or a related field from a recognized institution.
  • Experience: 3-5 years of experience with an established accounting firm or relevant experience in the hospitality industry..
  • Self-Starter: Strong self-motivation and proactive mindset with fast learning ability.
  • Analytical Skills: Demonstrated analytical skills and insights into problem-solving and data analysis.
  • Communication: Excellent verbal and written communication skills.
  • Technical Skills: Proficiency in accounting softwares including Quickbooks, Xero etc.

Language Skills: Fluency in English.

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