Madison Resorts
Job Type
Full-time
Description
Madison Resorts is a rising hospitality company that is full of growth and energy! Madison Resorts is known for a portfolio of luxurious beach front resorts at the Jersey shore. Madison Resorts currently consists of two Southern New Jersey properties in Cape May County which are Montreal Beach Resort and Madison Resort Wildwood Crest and the ever so beautiful Whispering Oaks in Norwalk, CT. With more properties on the horizon, we are excited for our growth and to watch our team grow along with us. Come join an amazing team with a fun culture while working in a beautiful environment!
Perks for being a team member:
Benefits for Full-time team members 401k for Full-time team members Paid Time Off for full-time team members Discounted merchandise and dining Fun work culture Summary:
The Controller will manage and oversee the financial operations of multiple resorts. This role is responsible for ensuring accurate financial reporting, strong financial management, and compliance with accounting principles for both Ownership and the Management Company. This is a hands-on role assisting the day-to-day operations.
Responsibilities:
Know, understand, and adhere to company established policies and procedures. Ensures guest interactions are always positive. Smiles with every guest. Handles sensitive information in a confidential manner. Provides ongoing support to the Accounting department. Updates financial reports regularly. Assisting with audits, fact checks and resolving discrepancies. Verify recorded expenses and report irregularities to management. Provide cost data for preparation of operating budgets and profit and loss calculations. Provide other managers with expense information for their respective departments. Provide assistance to functional department managers with inventory control. Assists the VP of Administration and President with special finance related project assignments. Implement and maintain robust financial controls across the properties. Review and approve monthly bank reconciliations and general ledger reconciliations for the properties. Prepare and present monthly financial results to Ownership and Management, adhering to hotel accounting principles. Lead the annual budgeting process, providing procedures and guidelines. Schedule and conduct annual audits, ensuring thoroughness and accuracy. Manage daily, weekly, and monthly financial reporting, ensuring compliance with Ownership and Management requirements. Develop accurate and timely financial forecasts, including labor management and collaboration with other departments. Oversee cost control measures and ensure expenses are within budget. Ensure compliance with local, state, and federal laws. Provide financial training to hotel management teams. Ensure the successful execution of capital expenditure projects within the approved budget. Ensures all expenses are coded accurately and timely, including capital expenditures. Assists the Finance team with day-to-day accounting tasks. Performs other related duties as assigned. Requirements
Minimum of five - seven years' experience as a Controller in a hotel or resort setting, managing multiple revenue streams exceeding $10M. Bachelor's Degree in Accounting or Finance is preferred. Knowledge of the Uniform System of Accounts for the Lodging Industry (11th Edition). Proficiency in Microsoft Excel, Word, and various financial accounting systems. Ability to work under pressure and meet tight deadlines. Ability to multitask and work in a fast-paced environment. Strong written and verbal communication skills. Attention to detail. Technical Skills:
Comprehensive training across all accounting functions, including Accounts Payable/Receivable, General Ledger, Credit, Collections, Auditing, Inventory Control, Budgeting, and Profit & Loss preparation. Collaborate with key hotel departments, such as Front Office, Housekeeping, Sales, Marketing, and Food & Beverage, to optimize expense control while maximizing revenue. Oversee the consolidation of budgets and financial projections. Support departments in budget preparation. Deliver operational reports to management. Prepare and review daily financial reports. Recommend and implement software solutions for financial operations. Review contracts, leases, agreements, subcontracts, and licenses from an accounting perspective. Experience with hotel and accounting software such as M3 and Think Reservations is a plus. This position requires a dynamic and detail-oriented individual with a strong background in hotel finance and accounting.
Disclaimer
"This is not necessarily an exhaustive list of all responsibilities, skills, duties, requirements, efforts or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, changes in personnel, workload, rush jobs or technical developments)."
Madison Resort Shared Services is an Equal Opportunity Employer. In Compliance with the American with Disabilities Act, Madison Resorts may provide reasonable accommodation to qualified individuals and encourage both prospective and current employees to discuss potential accommodation with the employer.
Full-time
Description
Madison Resorts is a rising hospitality company that is full of growth and energy! Madison Resorts is known for a portfolio of luxurious beach front resorts at the Jersey shore. Madison Resorts currently consists of two Southern New Jersey properties in Cape May County which are Montreal Beach Resort and Madison Resort Wildwood Crest and the ever so beautiful Whispering Oaks in Norwalk, CT. With more properties on the horizon, we are excited for our growth and to watch our team grow along with us. Come join an amazing team with a fun culture while working in a beautiful environment!
Perks for being a team member:
Benefits for Full-time team members 401k for Full-time team members Paid Time Off for full-time team members Discounted merchandise and dining Fun work culture Summary:
The Controller will manage and oversee the financial operations of multiple resorts. This role is responsible for ensuring accurate financial reporting, strong financial management, and compliance with accounting principles for both Ownership and the Management Company. This is a hands-on role assisting the day-to-day operations.
Responsibilities:
Know, understand, and adhere to company established policies and procedures. Ensures guest interactions are always positive. Smiles with every guest. Handles sensitive information in a confidential manner. Provides ongoing support to the Accounting department. Updates financial reports regularly. Assisting with audits, fact checks and resolving discrepancies. Verify recorded expenses and report irregularities to management. Provide cost data for preparation of operating budgets and profit and loss calculations. Provide other managers with expense information for their respective departments. Provide assistance to functional department managers with inventory control. Assists the VP of Administration and President with special finance related project assignments. Implement and maintain robust financial controls across the properties. Review and approve monthly bank reconciliations and general ledger reconciliations for the properties. Prepare and present monthly financial results to Ownership and Management, adhering to hotel accounting principles. Lead the annual budgeting process, providing procedures and guidelines. Schedule and conduct annual audits, ensuring thoroughness and accuracy. Manage daily, weekly, and monthly financial reporting, ensuring compliance with Ownership and Management requirements. Develop accurate and timely financial forecasts, including labor management and collaboration with other departments. Oversee cost control measures and ensure expenses are within budget. Ensure compliance with local, state, and federal laws. Provide financial training to hotel management teams. Ensure the successful execution of capital expenditure projects within the approved budget. Ensures all expenses are coded accurately and timely, including capital expenditures. Assists the Finance team with day-to-day accounting tasks. Performs other related duties as assigned. Requirements
Minimum of five - seven years' experience as a Controller in a hotel or resort setting, managing multiple revenue streams exceeding $10M. Bachelor's Degree in Accounting or Finance is preferred. Knowledge of the Uniform System of Accounts for the Lodging Industry (11th Edition). Proficiency in Microsoft Excel, Word, and various financial accounting systems. Ability to work under pressure and meet tight deadlines. Ability to multitask and work in a fast-paced environment. Strong written and verbal communication skills. Attention to detail. Technical Skills:
Comprehensive training across all accounting functions, including Accounts Payable/Receivable, General Ledger, Credit, Collections, Auditing, Inventory Control, Budgeting, and Profit & Loss preparation. Collaborate with key hotel departments, such as Front Office, Housekeeping, Sales, Marketing, and Food & Beverage, to optimize expense control while maximizing revenue. Oversee the consolidation of budgets and financial projections. Support departments in budget preparation. Deliver operational reports to management. Prepare and review daily financial reports. Recommend and implement software solutions for financial operations. Review contracts, leases, agreements, subcontracts, and licenses from an accounting perspective. Experience with hotel and accounting software such as M3 and Think Reservations is a plus. This position requires a dynamic and detail-oriented individual with a strong background in hotel finance and accounting.
Disclaimer
"This is not necessarily an exhaustive list of all responsibilities, skills, duties, requirements, efforts or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, changes in personnel, workload, rush jobs or technical developments)."
Madison Resort Shared Services is an Equal Opportunity Employer. In Compliance with the American with Disabilities Act, Madison Resorts may provide reasonable accommodation to qualified individuals and encourage both prospective and current employees to discuss potential accommodation with the employer.