JNR Management
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JNR is a rapidly expanding investment firm specializing in the comprehensive financial management and strategic growth of hotel assets. Our diverse operations encompass Construction, hands-on Hotel Operations, and robust Asset Management, with a primary focus on properties located across New England.
The JNR Organization: With over 30 years of combined experience in lucrative hotel acquisitions and development, JNR Management continues to provide richly integrated hospitality services to maximize investors' ROI, improve the quality of customer relations, and advance hotel management and operations. The Principals of JNR Management leverage deep industry insights to think strategically, optimize resources, and execute thoroughly, without compromising their core values and unwavering commitment to excellence in hospitality.
Our dedicated team operates from our newly renovated headquarters in Waltham, which provides a modern and collaborative work environment. We're committed to excellence across all our ventures and are seeking a pivotal professional to contribute to our continued growth. Learn more about us at jnrhotels.com.
The Opportunity
We are seeking a highly analytical and seasoned Corporate
Controller
with
indispensable hotel industry experience
to join our dedicated Accounting and Finance department. This critical, full-time
onsite
position, based in our Waltham office, is instrumental in safeguarding the financial integrity, accuracy, and timeliness of our hotel properties' daily accounting operations and comprehensive financial reporting. The ideal candidate will possess a robust hotel accounting background, a profound understanding of industry-specific financial controls, and the agility to thrive within the unique demands of a dynamic, high-growth hospitality environment. Key Responsibilities The Controller will be central to our financial operations, with responsibilities including: Transaction Management:
Accurately inputting and managing daily hotel accounting transactions into Inn-Flow Hotel Accounting software, ensuring precise data flow from property operations. Cash Reconciliations:
Executing comprehensive daily cash reconciliations for multiple hotel operating and pooled accounts, demonstrating expertise in ACH and wire transfer processes crucial for hospitality finance. Night Audit Integration & Review:
Meticulously reconciling daily night audit reports from various hotel properties with general ledger entries and official financial records. This includes reviewing tax-exempt reports with supporting backups, tracking local bank deposits, and following up with General Managers on any posting discrepancies. Cash Management:
Overseeing strategic hotel cash management activities, including the efficient administration of sweep accounts and other hospitality-specific banking structures. Revenue Verification:
Meticulously reviewing and verifying Property Management System (PMS) revenue reports against accounting records to ensure the integrity of all hotel revenue streams. Payroll Oversight:
Managing and reviewing hotel payroll processes, including downloading comprehensive payroll reports from Paychex and accurately importing the data into Inn-Flow for seamless financial integration. Accounts Payable Management:
Directing and overseeing the end-to-end accounts payable cycle for all hotel properties, including rigorous review of AP vendors and adherence to hospitality purchasing standards. Billing & Collections:
Accurately billing all management fees and other receivables due to JNR from owned and managed properties. Tax Compliance:
Ensuring timely and accurate filing and payment of all relevant hotel-specific and corporate tax obligations. Loan Management:
Comprehending and meticulously tracking complex loan payment schedules and terms pertinent to hotel property financing. Third-Party Collaboration:
Effectively working with tax authorities, labor departments, third-party vendors, auditors, insurers, and financial partners to ensure smooth financial operations and compliance. Financial Statement Analysis:
Conducting thorough and insightful reviews of hotel-specific Profit & Loss statements, Balance Sheets, and Trial Balances, identifying trends and anomalies. Intercompany Transactions:
Expertly managing and reconciling complex intercompany and due-to/due-from affiliate processes standard within multi-property hotel portfolios. Internal Controls:
Establishing and maintaining robust internal control procedures specific to hotel operations, ensuring all accounting entries are processed promptly and accurately. Qualifications Experience: A minimum of ten (10) years of progressive experience in a senior accounting or finance role, with demonstrated and in-depth expertise specifically within the hotel industry. Accounting Acumen:
A strong foundation in generally accepted accounting principles (GAAP) as applied within the hospitality sector, and comprehensive financial management expertise. USALI Knowledge:
Demonstrated understanding and practical application of the Uniform System of Accounts for the Lodging Industry (USALI) 12 th Edition. Software Proficiency:
Proficiency with accounting software is required. Experience with Inn-Flow, our central accounting software that aggregates financial data from all hotels, is highly preferred. Exposure to Point of Sale (POS) systems such as Toast, Micros, Agilysys, etc, is also beneficial. Advanced Excel Skills:
Advanced proficiency in Microsoft Excel is key, including a strong working knowledge of formulas such as VLOOKUP, IF/IFS, SUMIF/SUMIFS, and pivot tables for data analysis and reporting. Analytical Skills:
Exceptional analytical, problem-solving, and critical thinking abilities, coupled with meticulous attention to detail. Communication & Emotional Intelligence:
Excellent verbal and written communication skills are essential, as is a high degree of emotional intelligence for effective collaboration with General Managers, front desk teams, and other hotel operational staff. Organizational Skills:
Superior organizational skills and the capacity to effectively manage multiple priorities in a fast-paced setting. Book-keeping Skills:
Must be experienced in book-keeping for Hotel entities as well as holding companies. Preferred Qualifications Operational Background:
Prior experience as an onsite or above-property Controller within a hotel environment. Brand Experience:
Familiarity with Marriott brand standards and financial reporting requirements is required. Familiarity with Hilton products is also a plus. PMS Knowledge:
Hands-on experience with prominent Property Management Systems (PMS) such as Lightspeed, OnQ, PEP or FOSSE. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Accounting/Auditing and Finance Industries Hospitality Referrals increase your chances of interviewing at JNR Management by 2x Sign in to set job alerts for “Corporate Controller” roles.
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#J-18808-Ljbffr
Controller
with
indispensable hotel industry experience
to join our dedicated Accounting and Finance department. This critical, full-time
onsite
position, based in our Waltham office, is instrumental in safeguarding the financial integrity, accuracy, and timeliness of our hotel properties' daily accounting operations and comprehensive financial reporting. The ideal candidate will possess a robust hotel accounting background, a profound understanding of industry-specific financial controls, and the agility to thrive within the unique demands of a dynamic, high-growth hospitality environment. Key Responsibilities The Controller will be central to our financial operations, with responsibilities including: Transaction Management:
Accurately inputting and managing daily hotel accounting transactions into Inn-Flow Hotel Accounting software, ensuring precise data flow from property operations. Cash Reconciliations:
Executing comprehensive daily cash reconciliations for multiple hotel operating and pooled accounts, demonstrating expertise in ACH and wire transfer processes crucial for hospitality finance. Night Audit Integration & Review:
Meticulously reconciling daily night audit reports from various hotel properties with general ledger entries and official financial records. This includes reviewing tax-exempt reports with supporting backups, tracking local bank deposits, and following up with General Managers on any posting discrepancies. Cash Management:
Overseeing strategic hotel cash management activities, including the efficient administration of sweep accounts and other hospitality-specific banking structures. Revenue Verification:
Meticulously reviewing and verifying Property Management System (PMS) revenue reports against accounting records to ensure the integrity of all hotel revenue streams. Payroll Oversight:
Managing and reviewing hotel payroll processes, including downloading comprehensive payroll reports from Paychex and accurately importing the data into Inn-Flow for seamless financial integration. Accounts Payable Management:
Directing and overseeing the end-to-end accounts payable cycle for all hotel properties, including rigorous review of AP vendors and adherence to hospitality purchasing standards. Billing & Collections:
Accurately billing all management fees and other receivables due to JNR from owned and managed properties. Tax Compliance:
Ensuring timely and accurate filing and payment of all relevant hotel-specific and corporate tax obligations. Loan Management:
Comprehending and meticulously tracking complex loan payment schedules and terms pertinent to hotel property financing. Third-Party Collaboration:
Effectively working with tax authorities, labor departments, third-party vendors, auditors, insurers, and financial partners to ensure smooth financial operations and compliance. Financial Statement Analysis:
Conducting thorough and insightful reviews of hotel-specific Profit & Loss statements, Balance Sheets, and Trial Balances, identifying trends and anomalies. Intercompany Transactions:
Expertly managing and reconciling complex intercompany and due-to/due-from affiliate processes standard within multi-property hotel portfolios. Internal Controls:
Establishing and maintaining robust internal control procedures specific to hotel operations, ensuring all accounting entries are processed promptly and accurately. Qualifications Experience: A minimum of ten (10) years of progressive experience in a senior accounting or finance role, with demonstrated and in-depth expertise specifically within the hotel industry. Accounting Acumen:
A strong foundation in generally accepted accounting principles (GAAP) as applied within the hospitality sector, and comprehensive financial management expertise. USALI Knowledge:
Demonstrated understanding and practical application of the Uniform System of Accounts for the Lodging Industry (USALI) 12 th Edition. Software Proficiency:
Proficiency with accounting software is required. Experience with Inn-Flow, our central accounting software that aggregates financial data from all hotels, is highly preferred. Exposure to Point of Sale (POS) systems such as Toast, Micros, Agilysys, etc, is also beneficial. Advanced Excel Skills:
Advanced proficiency in Microsoft Excel is key, including a strong working knowledge of formulas such as VLOOKUP, IF/IFS, SUMIF/SUMIFS, and pivot tables for data analysis and reporting. Analytical Skills:
Exceptional analytical, problem-solving, and critical thinking abilities, coupled with meticulous attention to detail. Communication & Emotional Intelligence:
Excellent verbal and written communication skills are essential, as is a high degree of emotional intelligence for effective collaboration with General Managers, front desk teams, and other hotel operational staff. Organizational Skills:
Superior organizational skills and the capacity to effectively manage multiple priorities in a fast-paced setting. Book-keeping Skills:
Must be experienced in book-keeping for Hotel entities as well as holding companies. Preferred Qualifications Operational Background:
Prior experience as an onsite or above-property Controller within a hotel environment. Brand Experience:
Familiarity with Marriott brand standards and financial reporting requirements is required. Familiarity with Hilton products is also a plus. PMS Knowledge:
Hands-on experience with prominent Property Management Systems (PMS) such as Lightspeed, OnQ, PEP or FOSSE. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Accounting/Auditing and Finance Industries Hospitality Referrals increase your chances of interviewing at JNR Management by 2x Sign in to set job alerts for “Corporate Controller” roles.
Devens, MA $200,000.00-$300,000.00 20 hours ago Senior Director of Accounting, Corporate Controller
Boston, MA $149,500.00-$244,900.00 19 hours ago Senior Director/Executive Director, FP&A
Accounting Manager/ Senior Accounting Manager
Director of Accounting and Finance - 27228
Head of Finance Operations & Corporate Controller
Waltham, MA $120,000.00-$130,000.00 3 weeks ago Wilmington, MA $120,000.00-$160,000.00 9 hours ago Director, Corporate Finance, Planning & Reporting Systems
Cambridge, MA $161,800.00-$221,800.00 2 weeks ago Newton Centre, MA $125,000.00-$130,000.00 10 hours ago Concord, MA $120,000.00-$140,000.00 1 week ago Boston, MA $110,000.00-$130,000.00 6 days ago Cambridge, MA $106,000.00-$142,000.00 1 week ago Boston, MA $125,000.00-$150,000.00 2 weeks ago Framingham, MA $127,200.00-$165,400.00 4 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr