Controller

Terranea Resort

$75K — $95K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree in Accounting; CPA or MBA preferred.
  • Owner Accounting or HOA Experience Required.
  • Hospitality background with complex properties experience, particularly in food & beverage finance.
  • Solution-oriented leader with supervisory experience.
  • Experience presenting financial information to ownership.

Responsibilities

  • Manage all resort accounting functions, ensuring accurate financial records and timely financial reports.
  • Foster strong relations with resort owners through coordinated reporting and responsive communication.
  • Oversee the year-end audit process and manage auditor engagements.
  • Analyze cash flows and communicate necessary actions for management.
  • Prepare and review financial statements while engaging department managers in variance analyses.
  • Interpret financial results and recommend actions for cost savings and profit improvements.
  • Lead the annual budgeting process, ensuring accuracy and timely completion of budget plans.

Benefits

  • Group medical, dental, vision, life, and disability benefits.
  • Flexible spending accounts for healthcare and dependent care.
  • Employee assistance program.
  • Paid time off.
  • 401(k) plan with company match.
Full Job Description
Overview

Position Summary

As the Controller, you'll provide daily management of all accounting functions, which includes payroll, income audit, accounts payable, and general ledger. You'll be responsible for reconciling and maintaining the integrity of the general ledger. In addition, you will assist with preparing accurate and timely financial reporting, including cash flow, and routinely provide financial support and analysis to leadership across the resort.

Responsibilities
  • Direct and assume responsibility for proper execution of the Resort’s accounting practices, maintenance of accurate financial records, and the timely preparation of financial reports. Utilize standard reporting, as well as insightful comprehensive metrics, to drive continuous improvement for the Resort. This responsibility also includes Resort financial planning, budgeting, accounting and cash management.
  • Assist in nurturing the important relationship with the Resort owners. Be responsible for supervising and coordinating reporting as required. Provide timely, concise monthly reporting for the Resort, custom reports as requested, respond quickly to questions or requests and participate in Partner and other appropriate meetings.
  • Complete the year-end audit process. Review and approve all reconciliations and audit work papers. Coordinate external auditor’s visits, respond to auditor requests, approve any and all adjustments, reconcile the audit numbers to the property numbers and approve the final audit.
  • Review historical and projected cash flows. Take required actions to ensure cash flow is appropriately managed. Communicate to the responsible Property Operations executive, Regional VP of Finance and others, including owners, as necessary.
  • Supervise and participate in the preparation and review of all monthly and annual financial statements. Investigate, review, and analyze the variance explanations, and involve the department managers in this process. Ensure all narratives are well written and explain why the variance occurred.
  • Interpret operating results as they affect the financial aspects of the Resort, making specific recommendations that will result in cost reductions, profit improvement, and benefit to the Resort overall.
  • Organize and drive the annual budgeting process for the Resort. Monitor and assist in preparing the property budgets, capital budgets, development budgets and business plans. Ensure accuracy and completion of the budgets on or before the due date. Aid in the preparation and final review of the annual business plan.
  • Check appropriation requests against approved budgets prior to committing funds; exercise accounting control to ensure that budgeted expenditures do not exceed authorized levels.
  • Coordinate the integration of the development financial activity into the operating activity resulting in concise, timely reporting for the overall Resort.
Qualifications
  • Bachelor’s Degree in Accounting, CPA or MBA preferred.
  • Owner Accounting or HOA Experience Required
  • Hospitality background, experience with complex properties including food & beverage finance a plus.
  • Solution-oriented leader with previous supervisory experience required.
  • Experience and confidence presenting to ownership.

Benefits

As a valued member of the CoralTree team, you'll receive a comprehensive benefits package that includes:

  • Group medical, dental, vision, life, and disability benefits.
  • Flexible spending accounts for healthcare and dependent care.
  • Employee assistance program.
  • Paid time off.
  • 401(k) plan with company match.

Join us in creating transformative experiences for our guests, homeowners, and team members while building a high-performing asset that delivers long-term value and enduring brand distinction.

 

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