Financial Controller - Luxury Hotel

Position: Financial Controller - Luxury Hotel

Location: United States : Tennessee

About Us: Marvin Love and Associates specializes in the recruitment of top-tier talent within the luxury hospitality sector. We are proud to partner with prestigious luxury hotels that redefine excellence in service and guest experiences. We are currently seeking a Financial Controller to join one of our esteemed luxury hotel clients, known for its unique atmosphere and commitment to providing an exceptional guest experience.

Job Summary: As the Financial Controller for our luxury hotel, you will oversee all financial operations, ensuring the integrity of financial reporting and compliance with regulatory standards. You will be a key player in improving financial performance, implementing effective financial controls, and guiding the finance team to achieve operational excellence. This role is ideal for an experienced finance professional who thrives in the dynamic luxury hospitality environment.

Key Responsibilities:

1. Prepare and analyze financial statements, budgets, and forecasts, ensuring compliance with accounting principles and hotel policies.
2. Develop and implement internal controls to safeguard assets and mitigate financial risks.
3. Monitor and manage cash flow, ensuring that the hotel has adequate liquidity for operations and investments.
4. Lead the annual budgeting process in collaboration with department heads, establishing clear financial targets and performance metrics.
5. Conduct detailed financial analyses to identify trends, opportunities for cost savings, and areas for revenue enhancement.
6. Oversee accounts payable and receivable functions, payroll management, and tax compliance.
7. Coordinate with external auditors to facilitate seamless audit processes and financial reporting.
8. Mentor and develop a team of finance professionals, fostering a culture of continuous improvement and professional growth.

Requirements

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA designation preferred.
• Proven experience (5+ years) as a Financial Controller or similar role in the luxury hotel or upscale hospitality industry.
• Strong knowledge of financial accounting principles, budgeting processes, and financial reporting.
• Experience with hotel management software and ERP systems is highly desirable.
• Excellent analytical skills with a strong attention to detail and accuracy in financial data.
• Highly developed leadership and interpersonal skills; able to collaborate effectively across departments.
• Ability to work in a fast-paced environment and manage multiple priorities while maintaining high professional standards.
• Strong communication skills, both written and verbal, with the capability to present financial information to stakeholders effectively.

Benefits

• $75,000 - $85,000 + Discretionary end of year bonus
• Health Insurance
• Paid Time Off
• Performance Bonus
• Relocation

Qualification

Bachelor's Degree