Job details

Hotel Financial Controller

Company Description

The Ivy Hotel, recently distinguished as Maryland's only Michelin Two Key property, is an extraordinary boutique hotel in Baltimore’s historic Mount Vernon neighborhood, with 17 guest rooms and suites, a small luxury spa, and Magdalena, one of Baltimore’s top restaurants. Consistently rated in the “best of” categories, The Ivy’s highly inclusive room rate includes everything from made-to-order breakfast and evening cocktails to private car service and valet parking.

Job Description

At The Ivy, Financial Controller is a key, hands-on role overseeing all day-to-day accounting operations, including budgeting, payroll, financial analysis, reporting, forecasting, audits, and cash control. You will ensure compliance with industry standards, manage asset and liability reconciliation, maintain legal financial documentation, and collaborate with department heads to optimize financial performance.

This onsite position requires flexibility, strong leadership, and the ability to handle multiple tasks simultaneously. *Experience in hospitality accounting is required.*

Qualifications

EXPERIENCE

At least five years of hotel accounting experience
Command of Excel, etc.
Knowledge of accounting systems like ADP, Sun, SAP, Sage, Freshbooks etc.
Knowledge of Hotel Software or Property Management Systems like OPERA, Protel
Excellent communication and negotiation skills
Personable, organized and able to interact at the highest level with guests and staff
Excellent financial knowledge and analytical skills

RESPONSIBILITIES

Accounting and financial management for The Ivy Hotel and Restaurant Magdalena
Representation of the finance department during daily morning meetings
Tax authority compliance
Support the General Manager, Managing Director, and Owners in meeting strategic goals
Prepare and review annual budgets, monthly P&Ls, daily pace reports, and balance ledgers
Verify all financial reports and ensure that all transactions are accurate and in compliance with local government regulations
Prepare and submit management reports in a timely manner
Implement all accounting policies and procedures
Safeguard hotel assets through strong operational control
Assist with cost control requirements and revenue enhancement possibilities
Work closely with all departments and assist when needed
Monitor tax compliance, and file local taxes regularly
Oversee internal, external and regulatory audit processes
Establish and maintain open, collaborative relationships with staff
Any other tasks required by management

Additional Information

We offer:

Competitive pay
Great health and dental insurance
Disability and life insurance options
Retail and hospitality perks
Free, high-quality meal when working
Subsidized learning opportunities
Paid vacations and holidays
Retirement savings plan
Supportive staff culture
Extensive career advancement opportunities

The Ivy Hotel is an Equal Opportunity Employer. All employment offers are contingent upon successful completion of a background check, and pre-employment drug test conducted in accordance with applicable federal, state and local laws. The Ivy Hotel is a COVID-19 Vaccinated workforce and employment is contingent upon proof of full vaccination within 30 days of start date.

Average salary estimate

$90000 / YEARLY (est.)

min

max

$80000K

$100000K

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What You Should Know About Hotel Financial Controller, Relais & Châteaux

If you're a numbers whiz with a passion for hospitality, join The Ivy Hotel as a Hotel Financial Controller! Nestled in Baltimore's charming Mount Vernon neighborhood, The Ivy is Maryland's only Michelin Two Key property and boasts an incredible atmosphere, complete with luxurious accommodations, a top-notch restaurant, and a small spa. In this pivotal role, you’ll be the maestro of all things finance within the hotel. Your day-to-day will include essential accounting operations like budgeting, payroll, and financial reporting, ensuring everything runs like a well-oiled machine. You'll liaise with other department heads, ensuring that The Ivy's financial performance is always optimized. Your expertise in hospitality accounting will shine as you manage audits, compliance, and cash control. If you're flexible and thrive under pressure, this position is perfect for you! Plus, you get fantastic perks like competitive pay, health benefits, and ample opportunities for career advancement. Join us and take part in crafting unforgettable experiences for our guests while ensuring the financial health of The Ivy Hotel!

Frequently Asked Questions (FAQs) for Hotel Financial Controller Role at Relais & Châteaux

What are the main responsibilities of a Hotel Financial Controller at The Ivy Hotel?

As a Hotel Financial Controller at The Ivy Hotel, your primary responsibilities include overseeing all accounting operations, budgeting, payroll management, financial reporting, and compliance with industry standards. You will also manage audits and tax compliance while collaborating with department heads to enhance financial performance. Additionally, you’ll prepare annual budgets, verify financial reports, and ensure accurate transactions, contributing significantly to the financial success of our esteemed hotel.