Assistant Controller

Red Roof Inn was incorporated by founder James R. Trueman in 1972. The brand’s first hotel opened in Columbus, Ohio, with a single room rate of $8.50 in 1973. Today, Red Roof has over 400 properties nationwide and serves millions of guests each year. For over 40 years, the company and hotels have been known for a warm and welcoming spirit. As a premier employer, Red Roof is committed to offering the most qualified candidates an excellent career opportunity. In return, we expect our employees to be passionate about providing exceptional customer service to both internal and external customers. Your performance will be rewarded based on your ability to achieve the company’s goals. The rewards include increased decision-making autonomy, bonuses, as well as the financial rewards associated with career advancement. Job Description The Assistant Controller reports to the Controller. This position assists the Controller in managing the accounting team and leading the Company’s efforts to ensure monthly reported financial statements are issued timely and accurately in order to support senior management decision making. The Assistant Controller also assists the Controller in leading the Company’s compliance with Generally Accepted Accounting Principles (GAAP), including the timely completion of multiple sets of audited financial statements each year. These activities include proactive and effective communications with senior management, investors and operating departments (e.g. Marketing, Operations, Franchising). Demonstrates a solid understanding of finance concepts to comprehend detail, quickly identify outlying information and inter-relate and translate operational and other measurements to better understand financial results. Strong communication and computer skills are necessary to organize, prepare and publish reports in a concise and timely manner for comprehension to department heads, senior management and investors. Position Responsibilities Assist the Controller in leading and managing staff through coaching, motivation, and providing direction to deliver expected results. Work with the Controller group to close monthly financial results. Understand and succinctly communicate complex financial information and GAAP to individuals at all levels of the organization. Ensure the accuracy of reported financial results and establish necessary processes within and outside of Accounting to ensure such. Review monthly balance sheet account reconciliations to identify and proactively correct system and accounting operational issues to improve accounting efficiency and accuracy. Prepare annual financial statement for six companies. Prepare quarterly financial statements for each of the Companies in compliance with GAAP. Provide insight into business trends and root causes and anticipate issues and needed adjustments in order to avoid reactionary behavior. Assist the Controller in proactively coordinating and leading the timely completion of each of the annual audited financial statements. With the Controller, act as the primary point person with the external auditors. Develop and maintain all necessary accounting policies and systems, ensuring that records are maintained in accordance with generally accepted accounting principles. Generate and review large quantities of data using internal and external computer systems. Establish processes and information to support the analyses of reported financial results, on an ongoing and ad hoc basis. Proactively communicate in order to constructively influence staff and senior management on operational decisions, including creating corrective action plans. Other duties as assigned. Qualifications Bachelor’s degree in accounting required. A Master's in business is a plus. 5 years’ experience in accounting, with at least three years in public accounting (preferred). Analytical ability is required with a keen attention to detail. Solid computer skills in MS Office with emphasis on Microsoft Excel spreadsheets, Oracle applications, and the adaptability to learn new applications quickly. Must have excellent verbal/written communication skills. Must be self-motivated and able to prioritize and manage multiple tasks in a timely manner. #J-18808-Ljbffr