Manager Management

William T. Shumway

**** ***** **** ***** ****** Utah 84123 617-***-**** ***********@*******.***

Experience

Senior Director of Accounting Operations, Canyons Resort a Talisker Mountain Destination, Park City, UT

August 2011-Present

• Recruited by ownership of the Waldorf Astoria Park City to head accounting operations at Canyons Resort, a 4

season ski and mountain lifestyle resort (4,000 acres of ski terrain; 3 managed condo hotels; 17 restaurants; 7

retail outlets)

• Implemented a labor management system including online scheduling and daily productivity reporting

• Cash forecasting and management in a very seasonal environment

• Reduced financial period close cycle from 10 to 5 days

• Increase cooperation between finance and operating departments to drive operating efficiencies resulting in

improved financial performance

• Implemented a resort wide monthly forecast

• Asset management for Waldorf Astoria Park City

• Converted the G/L system to Microsoft Dynamics and a database driven business intelligence reporting tool

Director of Finance, Hilton Hotels, Waldorf Astoria Park City, Park City, UT, May 2009-August 2011

• Managed hotel finances through two sales in the first year of operations, including one deed in lieu sale and one

standard sale, including prorations

• Managed financial aspects of multiple management contracts for branded hotel outlets-Spruce

Restaurant/Bacchus Management and Golden Door Spa including developing operating budget in conjunction

with these entities' corporate management/ownership

• Opening Director of Finance for the first Waldorf Astoria ski resort hotel

• Implemented controls and processes that resulted in a 95.7% score on the property’s first internal controls audit

• Developed and produced standard and ad hoc reporting packages for ownership

• In conjunction with Director of Public Relations developed a marketing plan based on statistical analysis of local

visitor profiles

• Implemented operating procedures for a condo hotel with revenue sharing for unit owners and expense sharing

with an HOA

• Implemented and trained staff from a variety of backgrounds on operational analysis, controls and reporting

• Effectively opened the hotel in line with pre-opening budget

Director of Finance, Hilton Hotels, Doubletree Hotel Overland Park, Overland Park, KS, April 2007-May 2009

• Analyzed and prepare report of monthly variances to budget for management and ownership

• Increased IBFC from 26% to 33% and F&B profitability from 19% to 31%

• Ranked number 6 among Hilton Americas internal controls audit scores at 96.9%

• Prepared monthly forecast and annual operating and capital budgets

• Participated in revenue management and comp set rate analysis

• Managed and forecast cash flow and capital expenditures

• Created reports and consult with operating departments to increase departmental and hotel profit margins

Assistant Director of Finance, Hilton Hotels, Hotel@MIT, Cambridge, MA, April 2005-April 2007

• Manager of the Year 2005

• Analyzed menu items and made recommendations that resulted in a 10% growth in lunch average check

• Prepared monthly owners’ books and reports, including P&L, capital expenditures and cash flow reports

• Trained and managed A/R, A/P, Payroll, Night/Income Audit, and General Cashier

• Assisted in the preparation of annual budget, monthly and weekly forecasts

• Performed ad hoc analysis and prepared subsequent reports

• Participated in taskforce assignments to prepare budgets and resolve sales tax issues

Purchasing Manager, Hilton Hotels, Hotel@MIT, Cambridge, MA, March 2005-May 2005

• Managed inventory pars and performed and reported monthly inventories for general ledger entries

• Trained Receiver for promotion to Purchasing Manager

A/R Specialist, Hilton Hotels, Hotel@MIT, Cambridge, MA, November 2003-March 2005

• Employee of the Month, September 2004

• Prepared Bank and Balance Sheet reconciliations

• Planned and led monthly credit meeting

• Maintained less than 3% of average receivables over 60 days for 2004

Night Manager, Hilton Hotels, Hotel@MIT, Cambridge, MA, June 2002-November 2003

• Created overnight MOD and security report for daily distribution

• Retrained staff to eliminate undistributed revenue errors

• Achieved #1 guest satisfaction ranking among all Hilton owned and managed hotels

Night Supervisor, Kimpton Hotels & Restaurants, Hotel Monaco, Salt Lake City, UT, September 2001-June 2002

• Fulfilled 3rd shift MOD duties during the 2002 Winter Olympic Games

Night Manager, Hilton Hotels, Boston Harbor Hotel, Boston, MA, June 2000-August 2001

• Wrote and revised overnight procedures manual

• Managed guest services and night audit for 3rd shift

Doorman, Valet Attendant, Marriott, Salt Lake City, UT, May 1995-October 1996, November 1998-May 1999

• Created positive first impression of hotel

• Directed valet staff to maintain traffic and guest flow during functions and heavy check-in times

Professional Skills

• Advanced Excel skills

• Fluent in Spanish

• OnQ/System 21, Peoplesoft, HLBFS

Education

M.B.A. Finance, Auburn University, 2007

B.S. Economics, University of Utah, 2000

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