JOB SUMMARYThe Regional Controller is responsible for overseeing the financial operations of a group of hotels within a designated region. This role ensures accurate financial reporting, budgeting, forecasting, and compliance with accounting standards. The Regional Controller works closely with hotel General Managers, corporate Finance teams, and external auditors to optimize financial performance and maintain fiscal integrity.
Primary duties consist of performing office or non-manual work directly related to management or general business operations. Work includes the exercise of discretion and independent judgment with respect to matters of significance.
ESSENTIAL JOB FUNCTIONS- Leads and supervises financial operations for all hotels within the assigned region, ensuring timely and accurate financial reporting.
- Oversees monthly, quarterly, and annual closing processes.
- Prepares consolidated financial statements for the assigned region, including profit and loss (P&L) statements, balance sheets, and cash flow analyses.
- Develops and manages the annual budget process for all properties in the assigned region.
- Monitors performance against budgets and forecasts, providing analysis and recommendations to optimize financial outcomes.
- Supports hotel management teams in identifying areas for cost savings and revenue generation.
- Ensures compliance with internal financial policies, procedures, and controls.
- Oversees audits (internal and external) and implements corrective measures as needed.
- Ensures compliance with local, state, and federal tax regulations.
- Conducts financial analysis to support decision making, including return on investment (ROI) analysis for new projects, cost-benefit evaluations, and pricing strategies.
- Works with hotel management teams to develop strategic initiatives and improve financial performance.
- Manages and mentors property-level Accounting teams, providing guidance on accounting practices and financial reporting.
- Ensures property-level teams are trained on the latest financial tools and systems.
- Fosters a culture of collaboration and continuous improvement.
- Collaborates with hotel General Managers and corporate Finance teams to provide insights into financial performance.
- Serves as the point of contact between regional hotels and corporate Finance regarding financial matters, ensuring alignment of financial goals.
- Acts as a financial business partner, advising hotel operations on financial issues, trends, and improvements.
- Attendance is a key component of this position.
- Maintains a professional appearance in accordance with Company standards; wears the appropriate uniform or attire.
- Maintains open and effective communication with team members and management.
- Attends and participates in team meetings.
- Adheres to established safety and emergency procedures and protocols, this includes Company, federal, and state specific regulations and guidelines.
- Completes all required Company training/compliance courses as assigned.
- Adheres to Company standards and maintains compliance with all policies and procedures.
- Performs other related duties and responsibilities as assigned.
EDUCATION- Bachelor's degree in Accounting or Finance from an accredited university or a minimum of 5 years of progressive experience in Accounting or Finance roles in the hospitality industry.
EXPERIENCE- A minimum five (5) years of experience in related field required.
SKILLS & ABILITIESThis position requires the capability to understand and follow both oral and written directions, as well as the ability to communicate effectively with others in English and interact successfully with internal and external customers.
- Ability to adjust effectively to evolving work environments and shifting customer (internal/external) requirements.
- Able to maintain a positive and professional working environment.
- Fosters a culture of excellence.
- Able to work effectively in a culturally diverse environment and support diversity and inclusion within the organization.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP) and financial reporting standards.
- Excellent analytical, problem-solving, and organizational skills.
- Strong attention to detail and accuracy.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Excellent communication and interpersonal skills.
- Proficient in time management; the ability to effectively organize and manage multiple priorities.
- Recognizes an emergency situation and takes appropriate action.
- Emotional intelligence and interpersonal skills, with the ability to build strong working relationships with team members at all levels.
- Skilled in building and motivating a team, fostering a collaborative environment and inspiring high performance.
- Analytical and problem-solving skills.
- Strong focus on accuracy and precision.
- Performs well with frequent interruptions and/or distractions.
- Understands how to develop and implement business strategies.
- Ability to interpret and create policies, procedures, and manuals.
- Able to communicate appropriately and effectively with all levels of management and external stakeholders.
- Business acumen, including but not limited to financial management, budgeting, cost control, and revenue optimization.
- Ability to effectively listen, understand, and resolve challenges and concerns from management, team members, and/or customers (internal/external).
- Able to engage diplomatically and effectively with third party operators and owners, empathizing, and reacting appropriately to partner feedback and helping resolve issues where necessary.
- Proficient in negotiations.
- Proficient in public speaking.
- Advanced math skills.
- Proficient in accounting software (e.g., QuickBooks, SAP, Oracle).
- Proficient in Google Docs/Microsoft Word.
- Advance proficiency in Google Sheets/Microsoft Excel.
- Basic knowledge of Google Slides/Microsoft PowerPoint.
- Proficient in Gmail/Microsoft Outlook.
- Proficient in M3.
- Proficient in ProfitSword.
TRAVEL REQUIREMENTSDISCLAIMERThis job description provides a general overview of the work performed, including the typical responsibilities and level of duties associated with this position. It should not be construed as an exhaustive list of tasks or obligations for any individual team member. This description does not alter the employment relationship between the Company and its team members.
The Essential Job Functions, Physical Requirements, and Work Environment characteristics outlined are intended to reflect the requirements needed to perform the essential functions of this role effectively. Management retains the authority to modify, adjust, or revoke job duties and responsibilities as needed, and to make reasonable accommodations to enable qualified team members to fulfill the essential functions of their roles.
