Comptroller

Position Title: Comptroller
Department: Administrative & General/Operations
Reports To: General Manager
Location: Embassy Suites by Hilton Tulsa I-44, 3332 S. 79th E. Ave, Tulsa, OK (USA)
Position Type: Full-Time, Exempt

Overview
Shreem Capital, a trailblazer in the hotel industry, is actively seeking a dynamic and experienced Comptroller to shape and optimize our hotel’s financial landscape. Grounded in radical honesty and transparency principles, our company culture encourages the open sharing of information, fostering an environment where every stakeholder's input is valued.

Position Overview

The full-service hotel Comptroller is responsible for managing all financial operations of the hotel, ensuring accuracy in accounting, maintaining financial control, and maximizing profitability. This individual will work closely with senior management to provide financial guidance, manage budgeting, forecasting, and reporting, and ensure compliance with all financial and regulatory requirements. The individual in this role will have a direct impact on both the short-term and long-term financial outcomes of the hotel, requiring a combination of technical expertise, leadership, and strategic thinking.

Key Responsibilities:

Financial Reporting & Analysis:

• Prepare and present daily, monthly, quarterly, and annual financial reports, including income statements, balance sheets, cash flow reports, and departmental performance reports.
• Analyze financial data to assess the hotel’s financial health, profitability, and efficiency.
• Provide insight into financial performance and recommend actions for improvement.

Budgeting & Forecasting:

• Develop and oversee the hotel’s annual budget, working with department heads to align financial goals with operational needs.
• Provide forecasts on revenue and expenses and ensure the hotel meets its financial objectives.
• Monitor and adjust budgets as necessary based on actual performance.

Internal Controls & Compliance:

• Establish, implement, and enforce internal control policies and procedures to safeguard hotel assets.
• Ensure compliance with all financial regulations, tax laws, and accounting standards.
• Coordinate with external auditors during audits and manage tax filings.

Cost Control & Efficiency:

• Monitor hotel spending and implement cost-saving initiatives to improve operational efficiency.
• Work with the procurement team to control inventory and negotiate vendor contracts to reduce expenses.
• Review and analyze department-level expenses and recommend corrective actions where necessary.

Cash Flow & Treasury Management:

• Oversee cash flow management to ensure adequate liquidity for daily operations, payroll, and vendor payments.
• Maintain appropriate cash reserves and manage banking relationships.

Revenue Management Support:

• Collaborate with the sales and marketing teams to provide financial insights into pricing and revenue strategies.
• Assist in the development of pricing strategies to optimize occupancy and maximize revenue.

Team Leadership:

• Manage and mentor the accounting team, providing guidance on financial operations, accounting procedures, and software.
• Oversee training and development to ensure staff remains current on industry best practices and financial systems.

Tax Management:

• Prepare and review hotel tax filings, ensuring compliance with federal, state, and local tax regulations.
• Identify potential tax-saving opportunities and assist with tax planning.

Financial Systems & Software:

• Manage hotel financial software systems and ensure proper integration with other property management systems.
• Ensure the accurate processing of financial transactions, payroll, and other accounting functions.

Qualifications & Skills:

• Education: Bachelor's degree in Accounting, Finance, or related field (CPA or CMA preferred).
• Experience:
• Minimum 5-7 years of accounting/financial management experience in a hotel or hospitality environment.
• Proven experience in budget management, financial reporting, and cost control.
• Strong understanding of accounting principles and financial regulations specific to the hospitality industry.
• Technical Skills:
• Proficient in accounting software (e.g., Opera, QuickBooks, Sage, etc.) and Microsoft Office Suite (Excel, Word, PowerPoint).
• Strong knowledge of property management systems (PMS).
• Leadership: Strong leadership and team management skills with the ability to mentor and motivate staff.
• Communication Skills: Excellent written and verbal communication skills, with the ability to present complex financial data to non-financial stakeholders.
• Attention to Detail: High level of accuracy and attention to detail.
• Analytical Thinking: Strong problem-solving skills with the ability to identify financial trends and make data-driven decisions.

Working Conditions:

• Full-time position; may require flexible hours, including evenings and weekends during peak operational times.
• Office-based with occasional site visits to the hotel’s operational areas.

Shreem Capital is an Equal Opportunity Employer.

Job Type: Full-time

Pay: From $65,000.00 per year

Benefits:

• Employee discount
• Paid time off
• Referral program

Schedule:

• 10 hour shift
• 12 hour shift
• 8 hour shift

Supplemental Pay:

• Bonus opportunities

Work Location: In person

Salary : $65,000