Hotel Controller

Seeking a Controller at our beautiful Kinzie Hotel in downtown Chicago. We offer a competitive starting salary and a full benefits package that includes affordable health, vision, dental, STD; company-paid life insurance etc. Our retirement savings 401k plan comes with a company match. You will be responsible for the financial operations of the hotel in a decentralized accounting environment. Position Information Position Title: Hotel Controller Department: Accounting & Finance Property: Kinzie Hotel – Chicago, Illinois Reports To: General Manager Functional Reporting: Corporate Finance Director FLSA Classification: Exempt Employment Status: Full-Time Position Summary The Hotel Controller is responsible for directing and performing all accounting and financial activities for the Kinzie Hotel. This position oversees the complete accounting cycle, ensuring the accuracy and integrity of the property's financial records while maintaining compliance with Generally Accepted Accounting Principles (GAAP), the Uniform System of Accounts for the Lodging Industry (USALI), company policies, and all applicable federal, state, and local laws. The Hotel Controller serves as the hotel's financial leader and business partner to the General Manager while maintaining functional accountability to the Corporate Finance Director. The position requires the ability to independently manage a broad range of accounting responsibilities and provide timely financial reporting, analysis, budgeting, forecasting, and internal controls that support the operational and financial objectives of the property. This position is based on-site at the Kinzie Hotel and is not designated for remote or hybrid work. Essential Functions The essential functions listed below are representative of the duties performed by this position and are not intended to be all-inclusive. Financial Accounting

• Maintain the property's general ledger.
• Prepare and record journal entries.
• Perform month-end, quarter-end, and year-end closing activities.
• Prepare complete monthly financial statements.
• Prepare balance sheet reconciliations.
• Maintain supporting accounting schedules.
• Ensure accuracy and completeness of financial records.
• Analyze operating results and investigate variances.
• Maintain compliance with GAAP and USALI. Accounts Payable
• Process vendor invoices.
• Verify invoice approvals and coding.
• Prepare weekly payment processing.
• Maintain vendor files.
• Reconcile vendor statements.
• Resolve invoice discrepancies.
• Monitor outstanding liabilities. Accounts Receivable
• Maintain guest ledger and city ledger accounts.
• Process direct bill invoices.
• Monitor aging reports.
• Collect outstanding receivables.
• Reconcile customer accounts.
• Prepare bad debt recommendations when appropriate. Payroll Administration
• Review payroll for accuracy.
• Verify earnings, deductions, and adjustments.
• Process payroll journal entries.
• Reconcile payroll accounts.
• Maintain payroll records.
• Ensure compliance with wage and hour laws. Revenue Control
• Audit daily revenues.
• Verify room and departmental revenue postings.
• Reconcile point-of-sale transactions.
• Reconcile credit card settlements.
• Monitor cash controls.
• Investigate revenue discrepancies.
• Recommend corrective action when needed. Budgeting and Forecasting
• Assist in preparing annual operating budgets.
• Prepare monthly forecasts.
• Monitor departmental expenses.
• Analyze budget variances.
• Recommend cost control measures. Cash Management
• Reconcile all bank accounts.
• Monitor cash flow.
• Maintain banking relationships.
• Prepare cash forecasts.
• Ensure proper internal cash controls. Fixed Assets and Inventory
• Maintain fixed asset records.
• Track capital expenditures.
• Maintain depreciation schedules.
• Assist with physical inventories.
• Monitor inventory controls. Financial Reporting
• Prepare financial reports for hotel management.
• Submit required reports to Corporate Finance.
• Meet all reporting deadlines.
• Prepare reports requested by ownership or auditors.
• Assist with annual audits and tax reporting. Internal Controls and Compliance
• Maintain internal accounting controls.
• Ensure compliance with company financial policies.
• Maintain confidentiality of financial information.
• Recommend improvements to financial processes.
• Ensure compliance with regulatory reporting requirements. Operational Support
• Serve as the financial advisor to the General Manager.
• Participate in management meetings.
• Assist department managers with financial analysis.
• Support operational decision-making through financial reporting.
• Complete additional duties as assigned by the General Manager or Corporate Finance Director. Supervisory Responsibilities This position does not have direct supervisory responsibility. The Hotel Controller is responsible for independently performing the accounting and financial functions of the property and may provide financial guidance to department managers as necessary. Decision-Making Authority The Hotel Controller exercises independent judgment regarding accounting practices, financial reporting, reconciliations, internal controls, and financial analyses within established company policies. Expenditures, contractual obligations, and financial commitments outside delegated authority require appropriate management approval. Qualifications Required
• Bachelor's degree in Accounting, Finance, Business Administration, or related discipline preferred.
• Minimum five (5) years of progressive hotel accounting experience.
• Previous experience as a Hotel Controller or Assistant Controller required.
• Thorough knowledge of hotel accounting principles.
• Working knowledge of USALI.
• Strong understanding of GAAP.
• Advanced proficiency with Microsoft Excel.
• Excellent analytical and organizational skills.
• Ability to prioritize multiple assignments while meeting deadlines.
• Ability to maintain strict confidentiality. Strongly Preferred
• Experience using M3 Accounting Software.
• Experience with hotel property management systems (PMS).
• Experience preparing annual operating budgets and forecasts. Knowledge, Skills and Abilities
• Financial statement preparation
• General ledger accounting
• Accounts payable
• Accounts receivable
• Payroll accounting
• Bank reconciliations
• Budgeting and forecasting
• Financial analysis
• Internal controls
• Cash management
• Audit preparation
• Microsoft Office Suite
• Business communication
• Time management
• Problem solving
• Sound judgment and discretion Equipment Used
• Computer and related office equipment
• Microsoft Office Suite
• M3 Accounting Software (preferred)
• Hotel Property Management System (PMS)
• Multi-line telephone
• Calculator
• Printer, copier, and scanner Work Environment The work is performed primarily in a professional office environment within the hotel. Frequent interaction with department managers, corporate personnel, vendors, auditors, and ownership representatives is required. Extended hours, including evenings and weekends, may occasionally be necessary during month-end close, year-end close, budget preparation, audits, or other business demands. Physical Demands (ADA) Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of this position. While performing the duties of this position, the employee is regularly required to:
• Sit for extended periods while working at a computer.
• Use hands and fingers to operate computers and office equipment.
• Communicate effectively verbally and in writing.
• Read detailed financial reports and electronic documents.
• Occasionally stand, walk, bend, reach, or climb stairs throughout the hotel.
• Occasionally lift and carry up to 20 pounds.
• Travel throughout the property to conduct inventories, audits, and operational reviews.
• Possess visual acuity sufficient to review financial documents, spreadsheets, and electronic records. Pre-Employment Requirements Employment in this position is contingent upon the successful completion of all applicable pre-employment requirements, including:
• Criminal background investigation.
• Verification of previous employment.
• Professional reference verification.
• Verification of education and professional credentials, when applicable.
• Credit history review, where permitted by federal, state, and local law and consistent with the fiduciary responsibilities of the position.
• Pre-employment drug screening.
• Verification of identity and authorization to work in the United States in accordance with federal law. Benefits
• Medical Plans
• Dental Plans
• Vision Insurance
• Paid Time Off (PTO), Vacation/Sick, & Holiday

Accrue time off based on years of service

• 401K: Plan for your future with employer contributions
• Short-Term Disability (STD): Coverage during temporary disability
• Long-Term Disability (LTD)
• Mental Health Resources: Free counseling through our Employee Assistance Program
• Employee Referral Bonus: Up to $500 per referral
• Employee Discount on Hotels Disclaimer This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, qualifications, or working conditions. Management reserves the right to modify, assign, or reassign duties and responsibilities as business needs require. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the position. Job Type: Full-time

$95,000.00 - $105,000.00 per year

• 401(k)
• 401(k) Matching
• Dental Insurance
• Disability Insurance
• Employee Discount
• Health Insurance
• Life Insurance
• Paid Time Off
• Vision Insurance Application Question(s):
• What are your salary expectations? (Refrain from negotiable)

• Hotel Controller: 1 year (Required) Work Location: In person Full posting: https://www.indeed.com/viewjob?jk=520a4ea7b3217835