Financial Controller For Boutique Hotel In Sc | 90K - 108K | Hotel Background

Financial Controller for Boutique Hotel in SC

Position: Financial Controller Location: South Carolina (SC), United States Salary: $90,000 per year Bonus: 20% of base salary Relocation Package: $7,000 Temporary Housing: 30 days

About the Company: We are a boutique hotel located in beautiful South Carolina, known for our exceptional service and unique guest experiences. Our establishment caters to travelers seeking an intimate and luxurious atmosphere, providing them with personalized services and a memorable stay. We are committed to creating a warm and welcoming environment for our guests, and we are now seeking a talented Financial Controller to join our team.

Job Summary: As the Financial Controller, you will be responsible for overseeing the financial operations of our boutique hotel. You will play a crucial role in ensuring accurate financial reporting, maintaining internal controls, and driving financial performance. This is an excellent opportunity for a detail-oriented and experienced financial professional with a strong background in the hospitality industry.

Key Responsibilities:

• Cash Flow Management: Oversee cash flow planning and ensure sufficient funds are available for daily operations. Manage banking relationships, monitor cash balances, and implement effective treasury management practices.
• Team Management: Supervise and mentor a small team of finance professionals, providing guidance, training, and support to foster professional development and achieve departmental goals.
• Financial Reporting: Prepare and analyze accurate financial reports, including monthly statements, budgets, and forecasts. Provide timely and insightful financial analysis to senior management and department heads to support decision-making processes.
• Budgeting and Forecasting: Develop annual budgets and financial forecasts in collaboration with department heads. Monitor performance against budget, investigate variances, and provide recommendations for improvement.
• Cost Control: Implement cost control measures to optimize operational efficiency and maximize profitability. Review and analyze expenses, identify cost-saving opportunities, and collaborate with department heads to implement strategies.
• Financial Analysis: Conduct in-depth analysis of financial data, including revenue and cost analysis, profitability assessments, and performance metrics. Identify trends, risks, and opportunities and provide actionable recommendations to optimize financial performance.
• Internal Controls: Establish and maintain effective internal control procedures to safeguard hotel assets and ensure compliance with regulatory requirements. Monitor and audit financial transactions to identify and mitigate risks.
• Audit and Compliance: Coordinate annual external audits and provide required financial documentation to auditors. Ensure compliance with local, state, and federal regulations, including tax filings, licensing, and reporting obligations.

Requirements

Qualifications:

• Minimum of 5 years of experience in a financial management role within the hospitality industry, preferably in a boutique hotel or upscale resort.
• Proficient in using financial software and systems (e.g., QuickBooks, Excel, ERP systems).
• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.
• Attention to detail and a high level of accuracy in financial reporting.
• Bachelor's degree in Finance, Accounting, or a related field. CPA or CMA designation is highly preferred.
• Demonstrated leadership abilities and experience managing a team.
• Strong understanding of financial accounting principles, internal controls, and financial analysis techniques.
• Ability to prioritize tasks, meet deadlines, and work efficiently in a fast-paced environment.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and senior management.

Benefits

Benefits:

• Performance-based bonus of 20% of base salary.
• Temporary housing for 30 days to facilitate a smooth transition.
• Opportunity to work in a unique and upscale boutique hotel environment.
• Competitive salary of $90,000 per year.
• Professional growth and development opportunities within the organization.
• Relocation package of $7,000 to assist with moving expenses.