Hospitality Management Executive

Accounting/Finance Management Leadership Commercial Real Estate Liaison

Accomplished and instinctive strategic-thinking Hospitality & Financial Management Executive with experience in leadership, business process improvements and creative problem resolutions. An outstanding ability to clarify and execute strategic goals. Distinguished for specializing in business solutions for small and medium-sized companies that lead to improved financial performance and increased asset values. Exceptional communicator with excellent planning and organizational skills.

Areas Of Expertise

Team Building & Leadership

Staff Training and Development

Risk Management and Loss Control

HR & Benefits Administration

Strong Communication Skills

Revenue Generation

Project Management

Liaison between Property Owners and Financing Entities

Strategic Decision Making

Multi-Property Management

Departmental Operations Management

Food & Beverage Management

Budgeting & Forecasting

Business Processes

P&L Reporting

Cost Controls

Financial Data Analysis

Contract Negotiations

Strategic Management

Sales & Marketing

Professional Experience

BOYLE HOTELS MANAGEMENT GROUP, New Providence, NJ 1990 - 2019

Provided Hotel and Real Estate Management, Consulting and Development Services. Specialized in managing many full and limited service hospitality projects in New Jersey, both franchised and independent.

Vice President of Finance/Partner (1998 – 2019)

Portfolio consisted of 3 boutique-styled Best Western hotels and office building, while employing approximately 80 full/part-time employees; All 3 properties were sold in 2018 and 2019.

Oversaw all financial operations for all properties including the preparation of in-house monthly departmental income & expense statements using M3 Accounting System; Financial statements were reviewed monthly with owner and general managers.

Worked with outside accounting firms to prepare annual tax returns and year-end financial reports.

Assisted owner with lease negotiations with restaurant and office building tenants.

Worked with owner and general managers to prepare operating budgets, multi-phase renovation budgets for 3 hotels and 1 office building, capital expense budgets and forecasts.

Worked closely with sales and marketing to perform business analysis, assess forward motion to determine viable sales opportunities, and develop a marketing budget.

Worked closely with owners and lenders to secure primary and FF&E financing for hotels.

Advanced sustainability initiatives along with executive committee and achieved and exceeded minimum requirements for Best Western and Trip Advisor Green Programs.

Further developed IT systems and security to meet PCI requirements imposed on retail merchants by the credit card industry to ensure credit card and personal information security.

Implemented new policies and procedures for Safety and Security, developed and implemented procedures and training for handling emergency situations & unsafe conditions

Initiated monthly safety & security meetings for all hotels and trained 80 +/- staff on physical plans and written policies.

Revamped/expanded Employee Benefit programs; Updated employment manual, HR policies and procedures and job descriptions.

Improved housekeeping payroll productivity through daily and weekly monitoring of room cleaning times and instituting new training and incentive programs.

Assisted restaurant tenants with budgets and menu creation suitable for hotel and meeting guests, developed policies and standards of service to integrate hotel and restaurant sales/marketing efforts.

Successfully created and introduced a local ordinance to allow a full Liquor License Service in a town that had never allowed consumption licenses, and secured a license for the hotel, allowing the property to improve competitiveness with neighboring towns and increased revenue for the hotel.

Aggressively spearheaded operating cost controls/reductions through expense committee meetings with management and staff resulting in savings of over 5% in key areas due to improvements in purchasing and inventory management and vendor negotiations.

Vice President of Finance (1994 – 1998)

Successfully led 4 different hardware and software migrations at 3 hotels for Front and Back Office systems (1st conversion was in 1994 for 6 hotels; 2nd in 2000, 3rd in 2010, and 4th in 2014 were each for 3 hotels).

Adapted hotel accounting system to conform with the Uniform System of Accounts for the hospitality industry by transitioning the chart of accounts to industry standards to allow for better analysis of performance and comparison for management, owners and lenders.

Custom-developed operating and capital expense budget programs utilizing Excel and worked with and trained general managers to prepare annual budgets.

Reviewed financial operations results and analyzed variances to budget during monthly P&L meetings and developed plans for corrective action.

Developed and organized centralized purchasing of services and supplies and negotiated new contracts with vendors and contractors which resulted in savings in several areas of between 5% and 10%.

Ensured compliance with Federal, State and Local taxes, regulations & codes (OSHA, construction and building codes, life safety and health department).

Controller (1990 – 1994)

Responsible for all aspects of financial management for 6 Hotels in North and Central Jersey with a total of 460 rooms ranging in size for 40 to 115 rooms.

Improved and streamlined monthly P&L production process and year-end closings for the 6 hotels, as well as for the management company and related commercial real estate firm.

Initiated and spearheaded internal audit program, developed and implemented new financial policies and procedures to strengthen and standardize asset protection, reporting and controls for 6 hotels.

Managed accounting department, interviewed prospective accounting staff, reviewed and approved journal entries and monthly financial statements.

UNITED NATIONS PARK HYATT HOTEL, New York, NY 1987 - 1990

Assistant Controller

Assisted in the management of the financial operations of a 450 Room, internationally known luxury hotel and office towers

THE SUMMIT HOTEL, Summit, NJ 1978 - 1987

General Manager (1984-1987)

Education & Professional Development

Licensed Realtor Associate, New Jersey

Commercial emphasis on Lease Negotiations, Tenant Relations; Current since 1986

B.S. in Business Administration, Kean College, Union, NJ (Graduated 1983)

Software Skills

Microsoft Word, Excel, PowerPoint, Outlook; SharePoint, Dropbox; Adobe Acrobat

Accounting: QuickBooks; Medallion and Visual Matrix Hospitality Front Office Software

Hospitality: M3 Hospitality Back Office Software

CRM: ACT

Community Involvement

Union County College Hotel, Restaurant & Tourism Management Program

Advisory Council Member, 2014 – 2018

Fairleigh Dickinson Hospitality Management Program

Advisory Council Member, 2006 – 2012

Toms River Youth Soccer Clubs

Former Coach (1993 - 2003) Treasurer (1996-1999), Involved/Member since 1993

Toms River East Little League

Former Coach 1994 – 1998

Homesharing.org (non-profit), Central Jersey

Treasurer, 2007 – 2017

Extracurricular

Passionate music lover (enjoy playing guitar, bass, mandolin, ukulele, etc.)

Enjoy listening to audio books

Visit the gym weekly - love biking, and former jogger

Foodie & enjoy experimenting with cooking/smoking techniques on the outdoor grill

Enthusiastically own Black Capped Conure parrots

Avid Jets, Giant and Yankees fan

Contact this candidate