HEATHER COLE
Covington
Summary
Experienced Hotel Accounting Manager skilled in effectively handling multiple projects, and providing mentoring, and coaching to direct reports. Adept in reviewing financial statements, providing technical guidance, performing audits, and recommending system improvement to upper management. Demonstrated ability to deliver results quickly.
Overview
14
14
years of professional experience
Work History
Associate Director of Finance
Crowne Plaza/Staybridge Midtown Atlanta
Midtown Atlanta
12.2024 - Current
- Manage the month-end closing process, ensure all monthly financial statements are prepared accurately and timely
- Coordinate with CAM the monthly owners RMA/dues payments
- Preparation of monthly balance sheet reconciliations
- Manage accounts payable process to ensure vendors are paid accurately and timely
- Perform all wires/Ach also monitor bank account daily
- Provide support and training for all department heads on financial reviews and analysis
- Conduct monthly credit meetings
- Reviewed financial statements prior to filing with regulatory agencies or board approval.
- Lead monthly meetings with department heads to review current expenses and forecast future spending needs.
- Maintained up-to-date knowledge of Generally Accepted Accounting Principles.
- Reorganized finance and accounting departments to improve efficiency and cut excess spending.
- Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.
Director of Finance
Trilith Guest House
Fayetteville
01.2024 - 12.2024
- Prepare mid-month and end of month forecast on operational budget. Create annual budgets for hotel and condo
- Perform monthly bank reconciliations and general ledger account reconciliations.
- Prepare financial analysis of hotel operations including variance explanation and make recommendation to ensure the achievement of business goals. Critiques variances to budget
- Manage day-to-day operations and assignments of accounting staff and night auditors
- Perform monthly internal audits on cash handling, inventories and hotel and condo assets.
- Coordinate all internal financial training and development of department heads and managers
- Managed all receivable processes to ensure invoices are being submitted on time.
- Conduct monthly credit meetings
- Monitored income audit process to ensure revenues are accurately stated and proper Taxes are collected
Assistant Director of Finance
Sole Miami
Miami
02.2020 - 01.2024
- Coordinated month-end closing processes to meet stringent deadlines.
- Executed daily monitoring of bank accounts and processed all wire transfers.
- Managed accounts payable, ensuring prompt vendor payments.
- Analyzed financial data to produce accurate monthly financial statements.
- Conducted detailed variance analyses between actual results and budget forecasts.
- Ensured timely preparation of monthly bank reconciliations for financial accuracy.
- Provided training and support at front desk to assist Sales and Catering teams.
Controller
Provident Resort
Miami
03.2015 - 02.2020
- Managed all accounting, cash, payroll, and credit and collection Operation for 250 employees business
- Managed accounts payable; reconcile vendor’s statements
- Update Vendor file with proper W9 information
- Reconcile food and beverage inventory accounts for cost control.
- Monitored financial data, such as payroll processing.
- Assist with General cashiering
- Ensured compliance with generally accepted accounting principles while preparing financial statements.
- Created reports to track budget variances against actual results.
- Compiled and prepared journal entries to ensure accurate general ledger records.
- Generated financial reports for management review including income statement, balance sheet, cash flow statement.
- Analyzed existing accounting processes to recommend improvements in efficiency or effectiveness.
- Prepared monthly account reconciliations for bank accounts, credit cards, and other balance sheet accounts.
- Reviewed and analyzed financial statements for accuracy and compliance with standards.
- Performed month-end close activities such as accruals, amortization, allocations.
Staff Accountant
Summit Hotel Management
Boca Raton
04.2011 - 04.2015
- Prepares all financial reports: Balance sheet, Cash flow, income statement for 6 hotels
- Prepare and file sales, occupancy and use tax returns
- Complete bank, balance sheet and general ledger accounts
- Review biweekly payroll and income audit account receivables and payables.
- Monitored financial data, such as payroll processing.
- Review food and Beverage inventories.
Education
MS - Hospitality Management
FIU
Miami, FL08.2019
BA - Accounting
Florida Atlantic University
Boca Raton, FL12.2010
Timeline
Associate Director of Finance
Crowne Plaza/Staybridge Midtown Atlanta
12.2024 - Current
Director of Finance
Trilith Guest House
01.2024 - 12.2024
Assistant Director of Finance
Sole Miami
02.2020 - 01.2024
Controller
Provident Resort
03.2015 - 02.2020
Staff Accountant
Summit Hotel Management
04.2011 - 04.2015
MS - Hospitality Management
FIU
BA - Accounting
Florida Atlantic University
Similar Profiles
Lauren R. SpencerLauren R. Spencer
Executive Meeting Manager at Crowne Plaza Atlanta MidtownExecutive Meeting Manager at Crowne Plaza Atlanta Midtown
Chastine Ann Elgarico BelardeChastine Ann Elgarico Belarde
Cluster Groups & Events Senior Manager at Crowne Plaza Deira/Crowne Plaza Jumeirah/Holiday Inn Al Maktoum/Staybridge Suites Al Maktoum/Holiday Inn Express Safa Park/Holiday Inn Express Dubai Airport/Holiday Inn Express JumeirahCluster Groups & Events Senior Manager at Crowne Plaza Deira/Crowne Plaza Jumeirah/Holiday Inn Al Maktoum/Staybridge Suites Al Maktoum/Holiday Inn Express Safa Park/Holiday Inn Express Dubai Airport/Holiday Inn Express Jumeirah
Lourdes HerrarteLourdes Herrarte
Executive Housekeeping Manager at Staybridge Suites Nashville MidtownExecutive Housekeeping Manager at Staybridge Suites Nashville Midtown
Nia TuckerNia Tucker
Inventory Auditor at H and M Services LLCInventory Auditor at H and M Services LLC
Jasmine BainJasmine Bain
Dental Assistant at Smile Surfers Kid’s DentistryDental Assistant at Smile Surfers Kid’s Dentistry