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Hotel Financial Controller

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Job Description - 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.
  • Knowledge of Hotel Software or Property Management Systems like OPERA.  
  • 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. 

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