Clement Ojugo

**** ***** ********

Aptos, CA. ***03

213-***-****

ac5m0p@r.postjobfree.com

Career Summary

A proven leader with extensive finance and accounting experience in the hotel industry, including management training on key matrix for operating a successful restaurant, spa services, valet parking, golf and retail shops. An active community leader and partner with local businesses. Recruited and developed young talent to become successful financial directors. Continually strategize to improve the return on investment for businesses.

Core Competencies

Project Scoping Return on Investments Balance Sheet Integrity Forecasting Budgeting IT Training Writer/Author Brand Strategy Consulting Business Development Project Management Sales/Marketing Strategies Succession Planning Internal Controls/SOP Financial Reporting Hands-on Leadership Analysis Staff Management/Retention

Professional Experience

Seascape Beach Resort - 282 rooms Aptos, CA

Resort and HOA Controller 2/2017 – Present

Oversee relationships with Homeowner, Limited Partnership and HOA.

In charge of internal audit, IT, balance sheet, forecasting, budgeting and financial reporting.

Oversaw all cost of sales functions including the purchasing and receiving departments.

Developed budget plans for HOA

Reduced F&B cost from 31% to 25% through menu engineering and market basket

Improved employees satisfaction results from 68% to 80% through training and incentives

Developed profit and loss training manual for managers

Omni Hotel – 451 rooms Los Angeles, CA

Director of Finance 7/2012 – 10/2016

Oversee relationships with multiple businesses, internal departments and corporate finance/IT offices. In charge of financial leadership training programs for career development and succession plans. In charge of internal audit, IT, balance sheet, forecasting, budgeting and financial reporting.

Developed three young graduates in four years: to accounting management positions for other Omni Hotels

Increased internal audit scores from 80% to 87% through leadership training, accountability, and SOP compliance

Improved EBITDA from 29% to 33% through ROI, menu costing and pricing, labor management, and checkbook

University of Southern California Los Angeles, CA

Senior Associate Director of Finance 5/2010 - 6/2012

Oversaw Foodservice and Bookstore financial and operational reporting, including balance sheet, forecasting, budgeting, internal controls, and menu costing/ pricing. Managed two divisional financial controllers and their respective teams of twelve associates

Improved foodservice GOP from 30% to 34% and bookstore GOP from 19% to 25% through menu dynamics and pricing.

Grew foodservice productivity from 9% to 14% through POS implementation and standard daily communications

Streamlined bookstore inventories and reduced turnover age from 17 months to 3 months through purchasing matrix

Delaware North Companies, Inc. Monterey, CA

Area Director of Finance 2/2000 – 4/2010

Queen Mary 9/2009 - 4/2010 -314 rooms

Asilomar Conference Center, Old Town San Diego, and Sequoia National Park 2/2000 – 9/2009

Oversaw facility improvement accounts for the California Department of Recreation and regional financial forecasting budgeting, and reporting for three business units including 24 associates. Implemented state and federal regulations governing parks operation. Opened new properties.

Grew facility improvement account from $7 million to $21 million through investment options and relationship banking for the government

Increased combined EBITDA results from 21% to 38% through pricing strategies and contract modifications

Developed financial training programs for managers and parks superintendent

Holiday Inn/Westmont Hotel – 401 rooms Los Angeles, CA

Controller and Interim GM 6/1997 – 2/2000

Oversaw all accounting functions. Interim general manager for 11 months prior to hotel’s sale. Worked on contract negotiations with local 11 / union representatives. Developed relationships with local hotel GM’s.

Increased EBITDA results from 19% to 21% through RevPar increase and union contract – health benefits

Improved guest satisfaction results from 55% to 70% through employees training, incentives and guest amenities

Raised Employees satisfaction index from 72% to 81% through training and incentives

PUBLICATIONS

Author: Practical Food & Beverage Cost Control, Albany, NY: Delmar, 2010. This four-year college text addresses the steps necessary to make F&B operations financially successful.

Author: Standard Accounting Practice. Albany, NY: Delmar, 2000. This advanced college textbook illustrates the framework for hospitality accounting.

EDUCATOR

Adjunct Professor - Monterey Peninsula Community College - 2002 and 2003

Adjunct Professor - San Francisco State University - 2000

Taught Food and Beverage Service Management class covering all aspects of “front and back of the house”: menu planning cost controls, financial forecast, budget, computer, training, sanitation and costing.

EDUCATION

London School of Accountancy - London, U.K, 1978-1983

Fellow: Association of Certified Accountants.

City University, Barbican Center and South Bank Polytechnic - London, 1983-1984

1984 - Certified Internal Auditor - London.

COMPUTER SYSTEMS/SOFTWARE

MS-Excel, MS-Word, PeopleSoft, CLS, PMS, HIS, NCR, Remanco, Micros, Squirrel, Encore, HPMS2, Data-Plus, Lawson, SMS, PeopleSoft, Opra, Oracle

ADDITIONAL

Professional Accreditations/Affiliations: Board Member- Hospitality Financial Technology Professionals

Volunteer Activities: Benefactor / contributor – Los Angeles Dream Orchestra

Interests: Sports, Physical Fitness, Music, Books, Travel

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