Regional Controller

Lodging Dynamics•Provo, UT

About The Position

The Regional Controller oversees the financial operations of a group of hotels in an assigned region. The role ensures accurate financial reporting, budgeting, forecasting, and compliance with accounting standards, and works closely with hotel General Managers, corporate Finance teams, and external auditors to optimize financial performance and maintain fiscal integrity. The work consists primarily of office or non-manual duties related to management or general business operations and involves discretion and independent judgment on significant matters. The position leads and supervises regional hotel financial operations, oversees closing processes, prepares consolidated financial statements, and develops and manages annual budgets. It monitors results against budgets and forecasts, provides recommendations to improve financial outcomes, and supports hotel teams in finding cost savings and revenue opportunities. The Regional Controller ensures adherence to financial policies, controls, and tax regulations, oversees audits, and conducts financial analyses to support business decisions and strategic initiatives. The role manages and mentors property-level Accounting teams, ensures they are trained on financial tools and systems, and promotes collaboration and continuous improvement. It serves as a financial business partner to hotel operations and the point of contact between regional hotels and corporate Finance. Attendance, professional appearance, effective communication, participation in meetings, compliance with safety procedures and Company policies, and completion of assigned training are also part of the position. Other related duties may be assigned. Travel of 10% is required.

Requirements

Bachelor's degree in Accounting or Finance from an accredited university, or at least five years of progressive Accounting or Finance experience in the hospitality industry.
At least five years of experience in a related field.
Strong knowledge of Generally Accepted Accounting Principles (GAAP) and financial reporting standards.
Excellent analytical, problem-solving, organizational, and time-management skills, with strong attention to detail and accuracy.
Ability to work independently, manage multiple priorities in a fast-paced environment, and perform effectively amid interruptions or distractions.
Effective oral and written communication in English and the ability to interact successfully with internal and external customers and stakeholders.
Ability to adapt to changing work environments and customer requirements and maintain a positive, professional working environment.
Ability to work effectively in a culturally diverse environment and support diversity and inclusion.
Emotional intelligence and interpersonal skills to build strong working relationships at all levels.
Ability to build and motivate a team, foster collaboration, and encourage high performance.
Ability to develop and implement business strategies and interpret and create policies, procedures, and manuals.
Business acumen in financial management, budgeting, cost control, and revenue optimization.
Ability to listen, understand, and resolve challenges and concerns from management, team members, and customers.
Ability to engage diplomatically with third-party operators and owners, respond appropriately to partner feedback, and help resolve issues.
Proficiency in negotiation and public speaking.
Advanced math skills.
Proficiency with accounting software such as QuickBooks, SAP, or Oracle; M3; and ProfitSword.
Proficiency with Google Docs or Microsoft Word, advanced proficiency with Google Sheets or Microsoft Excel, basic knowledge of Google Slides or Microsoft PowerPoint, and proficiency with Gmail or Microsoft Outlook.
Ability to recognize an emergency situation and take appropriate action.
Ability to travel 10%.

Responsibilities

Lead and supervise financial operations for all hotels in the assigned region, ensuring timely and accurate reporting.
Oversee monthly, quarterly, and annual closing processes.
Prepare consolidated regional financial statements, including P&L statements, balance sheets, and cash flow analyses.
Develop and manage the annual budget process for all properties in the region.
Monitor performance against budgets and forecasts and provide analysis and recommendations to optimize financial outcomes.
Support hotel management teams in identifying cost savings and revenue generation opportunities.
Ensure compliance with internal financial policies, procedures, controls, and applicable tax regulations.
Oversee internal and external audits and implement corrective measures as needed.
Conduct financial analysis to support decision-making, including ROI analyses, cost-benefit evaluations, and pricing strategies.
Work with hotel management teams to develop strategic initiatives and improve financial performance.
Manage and mentor property-level Accounting teams, providing guidance on accounting practices and financial reporting.
Ensure property-level teams are trained on current financial tools and systems.
Foster collaboration and continuous improvement.
Collaborate with hotel General Managers and corporate Finance teams to provide insights into financial performance.
Serve as the financial contact between regional hotels and corporate Finance, aligning financial goals.
Advise hotel operations on financial issues, trends, and improvements as a financial business partner.
Maintain professional appearance and effective communication; attend and participate in team meetings.
Follow established safety and emergency procedures, Company policies, and applicable regulations, and complete required Company training.
Perform other related duties and responsibilities as assigned.