Corporate Overview
Pyramid Hotel Group is committed to being the best and most desirable employer in the industry.
To achieve this goal, we recognize the importance of providing respect, support and rewards to all of our people. We seek motivated and enthusiastic team players to join Pyramid Hotel Group who believe in these same values.
Pyramid is comprised of a diverse group of individuals. Some of our people have worked together for many years; others have recently joined our team, bringing new insights and perspectives. Together we strive for excellence in every endeavor.
What makes working at Pyramid Hotel Group different?
- We pride ourselves on being agile, flexible and responsive. We provide all the internal resources of a large hotel chain without the burdens of bureaucracy.
- We provide outstanding leadership. Our principals, officers and managers are experienced team players. They are always accessible to our associates and provide exceptional support and development.
- We focus on Respect, Recognition and Rewards. We hold our associates accountable for their goals. In return we treat our people with respect, recognize excellence in job performance and reward achievement in meaningful ways.
Job Description
Pyramid Hotel Group is a privately held full-service hotel company based in Boston. Pyramid provides Hotel management, Project management, Asset management and Acquisition Services. Pyramid's principals have over 20 years of experience in successfully acquiring, repositioning and managing hotel real estate assets. Pyramid Hotel Group employs approximately 7,200 employees and has over $7.0 billion of hotel real estate currently under management. As hotel owners, Pyramid is aligned with the owners' interests. Pyramid sources, advises and jointly invests in both stand alone and portfolio acquisitions with its partners. Clients and partners include large institutional investors, corporations, universities and individual owners. With five former hospitality CEOs or Presidents on the Pyramid team, clients and employees have access to an unparalleled depth and diversity of senior executive skill, judgment and strategic thinking.
We are seeking a Centralized Controller to be based out of our corporate offices in Boston, MA. The Centralized Controller directs the financial affairs of the assigned Limited Service Hotels and prepares financial analysis of operations, including interim and final financial statements with supporting schedules, for the guidance of management. The Centralized Controller is responsible for the supervision over general accounting, property accounting, internal auditing, cost accounting, and budgetary controls.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Included, but not limited to, are the following; other duties may be assigned.
- Confirm Profits and Losses are documented correctly ensuring P&L accuracy by reviewing and posting the Daily Revenue journal entry.
- Review A/P Packets received from hotels for accuracy. Confirm invoices have been coded correctly and have all necessary signatures. Post approved invoices for payment. Contact Hotel on unapproved invoices for resolution
- Prepare month end journal entries. Ensuring all costs associated with the month are recorded accurately.
- Review Monthly P&L with appropriate Hotel Personal. Assist in analyzing differences between actual and forecasted sales, wages and expenses.
- Reconcile balance sheet accounts ensuring all account balances are supported by appropriate documentation. Research and resolve any outstanding issues on a timely basis.
- Monitor Hotel bank account balances confirming funding availability for open liabilities including outstanding A/P checks, monthly ACH withdrawals and upcoming Pay Periods.
- Monitoring of all taxes, ensuring that they are current, collected and/or accrued. Process payment confirming that backup is complete and that all tax exempt transactions meet governing State guidelines.
- Submission of reports to Corporate Office in a timely manner, ensuring delivery deadlines.
- Prepare monthly Cash Flow worksheet and assist in identifying owner opportunities.
- Review and confirm compliancy with Hotel’s Franchise and Management Contracts.
- Ensure compliance with Standard and Local Operating Procedures.
- Prepare and submit reports as required by Lenders/Owners.
- Prepare yearly 1099's.
- Assist Regional Accounting Office in projects/tasks as needed.
Job Requirements
Knowledge of finance, accounting, budgeting and cost control principles including Generally Accepted Accounting Principles. Knowledge of automated financial and accounting reporting systems. Ability to analyze financial data and prepare financial reports, statements and projections. Knowledge of the Uniform System of Accounts (most recent edition).
EDUCATION and/or EXPERIENCE:
A/BS Degree in Accounting, Finance or related major. 2+ years of experience in HOTEL financial management.
PLEASE APPLY ONLINE AT http://PyramidOASYS.com