Director of Financial / Controller Experience
Resume:
ZAIN (Zainuddin) SYED
**** ***** ***** ****, *********, VA 20169 Home 571-***-****, Cell 210-***-****
syedmzainuddin@gmail.c
om
SUMMARY OF QUALIFICATIONS
Extensive experience as a Senior Financial Director in the hospitality industry. Managed the financial
division of The Doyle Collection USA portfolio. Responsible for monthly and year end closing,
quarterly and annual tax filing, capital & operation budgeting, forecasting, analyzing revenues and
expenses, cash flow, managing health & property insurances, monitoring 401K, developed and
implemented standard operating procedures. Overseeing multiple properties accounting functions
balance sheet, general ledger, account receivables, account payables, payroll, and income audit.
Establish standard weekly and monthly reporting. Obtaining government tax credits, secure stimulus
money at local, state and federal level. Conducting acquisitions, transitions, due diligence for sales and
purchase properties.
PROFESSIONAL EXPERIENCE
THE DOYLE COLLECTION Jul 2010 to Nov 2012
Regional Director of Finance, USA Hotels
Responsible for the financial operations of the USA portfolio. Managed 401K plan, property
•
general liability & health insurance policy
Annual capital and operating budgeting and forecasting
•
Conduct internal control audits, obtaining government tax credits, secure stimulus money at local, state
•
and federal level, recovering overpayments and identifying new financial resources that recapture lost
revenues. Implemented labor and cost control systems that resulted in improved gross operating profits
Developed and implemented standard weekly reports, created detail profit and loss statement and
•
forecasting tool
Responsible for monthly and year end closing, quarterly and annual tax filings for all entities
•
Hotel financial performance reviews, revenue management and competitive analyses review
•
Hiring and training property Director of Finance
•
Analyzing revenues and cost, maintaining balance sheet and general ledger, accounts receivable
•
aggressive policy resulting in zero balance over 60 Days for entire USA portfolio
PYRAMID HOTEL GROUP LLC/Adam’s Mark Hotels & Resorts Nov 2001 to Jun 2010
Regional Controller The Fairfax at Embassy Row Washington, DC Apr 2006 to Jun 2010
Controller Nov 2001 to Apr 2006
Adam’s Mark / Crowne Plaza San Antonio, TX
Responsible for entire financial aspects of the regional hotels
•
Acquisitions, transitions, due diligence and purchase & sales pro ration
•
Responsible for monthly and year end closing, balance sheet, general ledger and account receivable
•
maintenance, weekly, monthly, quarterly reporting and tax filings
Annual budgeting, forecasting, cash flow, renovations capital expense tracking
•
Analyzing revenues and cost, competitive analyses reviews to improve sales and profitability
•
Hiring and training of Controllers
•
Winning strategies for training in all aspects of hospitality accounting (i.e., performance
•
management reviews, quarterly evaluations, short & long term employee goals review, cross
training and guest services)
Regional hotels internal audit score improved from 82 to 95
•
Updated local and corporate standard operating procedure in conjunction with corporate team.
•
Prepare and implemented contingency plan in regional properties successfully reducing costs by
•
10%
DEYS HOSPITALITY Pvt. LTD/Creative Concepts Developers and Builders Nov 1991 to July 2001
Corporate Director of Finance May 1994 to Jul 2001
Responsible for overall financial operations of corporate office and individual hotels
•
Acquisitions, transitions, due diligence and purchase & sales pro ration
•
Projected five year financial plans & cash flow
•
Capital and operating budgeting and forecasting
•
Monthly and year end closing, quarterly tax filings
•
Assisting and coordinating yearend tax filing with CPA firm
•
Financial performance reviews
•
Assisting senior management with analyzing data
•
Responsible for development of hospitality division accounting systems
•
Coordinating external audits and updating standard operating procedures
•
Director of Finance Nov 1991 to Jan 1994
Responsible for overall financial operations
•
Projected five year financial plans and project costing
•
Prepared monthly P&L statements, tax reports as well as quarterly and annual budgets
•
Negotiated equity and construction loans with banks for future projects
•
Reviewed proposals and negotiated with general contractors and sub contractors
•
Developed new corporate financial systems
•
Set up new data processing system for group of companies
•
Updated operating and financial manuals as per new systems
•
Developed a new system for material and labor control resulting in 8% savings
•
HYATT HOTELS & RESORTS Jun 1988 to Oct 1991
Controller Hyatt on Capitol Square Columbus, OH
Hyatt Regency Oakland, Oakland, CA
Managed entire financial aspects of the hotels
•
Responsible for monthly and year end closing, general ledger, quarterly reports, taxes, annual
•
budgeting, five year financial plan and three years capital expenditures
Hired and trained entire accounting, purchasing, receiving, night audit and cashiers staff
•
Implemented aggressive credit policies resulting in major reductions of bad debt
•
Improved and developed accounts receivables systems which resulted in a rating of 5 out of 110
•
hotels
VISTA HOST/Ram Hotel Corporation Feb 1984 to Feb 1988
Controller and EDP Coordinator Vista Corp Office
Controller Ram Hotel Corp Sheraton Houston
Contact this candidate