Vice President, Corporate Controller (Hospitality Group)

Founded in 1892, B. F. Saul Company has been one of the most successful privately-owned real estate companies in the United States. Our growth has been the results of a commitment to exacting standards and the belief that knowledge of the marketplace, when paired with the ability to commit to substantial resources, will bring exceptional rewards. B. F. Saul Company has a variety of skilled professionals within the following operating divisions, Property Management, Leasing, Hospitality Group, Residential, Insurance, Construction & Development. The B. F. Saul Company concentrates on ownership, development, and construction of commercial real estate.
CORPORATE STRUCTURE:B. F. Saul Company, through its subsidiaries, serves as property manager and asset manager of the portfolio of hotels owned by B. F. Saul Real Estate Investment Trust. It also serves as the property manager of a hotel owned by a third party and the operator of an amenity adjacent to that hotel.  The Vice President, Corporate Controller (Hospitality Group) is responsible for all aspects of property accounting (operating the hotels and the amenity) and the majority of the aspects of asset accounting (owning the hotels). POSITION SUMMARY:Job Purpose: Manage the Accounting Department of the Hospitality Group including but not limited to field-based hotel accounting teams, corporate accounting team, and all aspects of accounting in respect of the hotels including, but not limited to, daily, monthly, quarterly and annual financial reporting and analysis and collaboration in the preparation of the annual budget of the hotel properties. The position requires close coordination and collaboration with the Hotel Group executive team and operational management in the field.
REPORTING RELATIONSHIP:The Vice President, Corporate Controller (Hospitality Group) reports directly to the Chief Accounting Officer and has “dotted line” responsibilities to the President of the Hospitality Group.  A teamwork approach is required while clearly maintaining appropriate objectivity and separation of duties.

Summary of Competitive Benefits & Perks:

• Health/Medical Insurance including Dental and Vision
• 401(k) with company match
• Paid time off
• Bonus/Target Incentive
• Tuition Reimbursement
• Complimentary usage of modern in-house fitness center
• On-premise full-service dining center discounts
• Discounts via the company’s EAP
• Monthly Employee Recognition Programs
• Referral bonus
• Pre-tax transportation options
• Plus more!

Key Responsibilities: Through and in conjunction with the Director of Field Accounting and the General Managers of the hotels, manage and supervise the field accounting staff to include, but not limited to:

• Staff direction, recruitment, hiring, training, discipline and goal planning and performance management.
• Monthly reporting of financial results and control over financial transactions.
• Management reporting support and operational integration at the departmental level.
• Response to internal audit findings related to financial matters and oversight of actions to improve field policies and procedures that pertain to financial matters.

Additional Key Responsibilities: Manage and supervise the corporate accounting staff to include, but not limited to:

• Staff direction; recruitment, hiring, training, discipline, goal planning and performance management.
• Monthly reporting of financial results and control over financial transactions.
• Daily, weekly and monthly reporting of hotel operating statistics, metrics and forecasts.
• Ensuring accurate and timely filing and/or payment of personal property taxes, real estate taxes, insurance premiums, mortgage loans secured by hotel properties, paycheck protection program loans, etc.

More Key Responsibilities:

• Full responsibility for the accounting and reporting of the financial position and results of operations of the Hospitality Group; regardless of the group that processes underlying transactions.
• Ownership and responsibility for the management and support of third parties whose systems are used to process underlying transactions, whether or not integrated into the accounting system.  Such systems include, but are not limited to, purchasing cards, purchase orders, accounts payable, daily reporting, budgeting, and forecasting.
• Collaborate on the preparation of the annual budget for the Hospitality Group including, but not limited to, fully supporting the revenue, expense and fixed cost budget planning by working closely with the management team and ensuring accuracy and timeliness of the budget process.
•  Provide financial reporting support to the executive management team of the Hospitalit