Cesar Bello
New York,NY
Summary
Highly collaborative Director of Finance with strong skills in statistical analysis and performance. Poised and sharp with skill to translate financial metrics into actionable details. Exceptional performance outlining strategic financial directions for business growth.
Overview
17
17
years of professional experience
Work History
Director of Finance
Moxy Hotel Williamsburg
08.2022 - Current
- In charge of overseeing all financial aspects pertaining to the hotel and food & beverage operations, including but not limited to managing Profit and Loss statements, maintaining the Balance Sheet, monitoring controllable expenses, and managing Cashflow
- Effectively led the launch of the hotel and all food & beverage outlets, realizing cost savings exceeding $75,000 while managing a combined budget of $8 million
- Provide guidance and recommendations for enhancing the property's Gross Operating Profit Advise and suggest method of improving
- Manage a team of 5 individuals and provided oversight for the purchasing team
- Effectively introduced and implemented Purchasing software for the food and beverage outlets
- Responsible for the preparation and facilitation of weekly forecasts, financial statement reviews, and cash flow meetings.
Area Controller
The Ludlow Hotel NYC & Hotel Chelsea
04.2017 - 08.2022
- Accountable for overseeing all financial aspects of the hotel, including Profit and Loss statements, Balance Sheet, controllable expense monitoring, and Cashflow management
- Collaborated closely with the General Manager to optimize ROI, achieving revenues exceeding $24 million and consistently delivering a 40% Gross Operating Profit
- Worked in tandem with the GM and Operations team to ensure sound financial decision-making
- Recruited, provided training for, and inspired a Finance team consisting of five members
- Managed the filing of NYS Sales tax, Prompt Tax, and NYC Occupancy Tax
- Facilitated transparent communication of departmental expenditures to their respective Directors and provided guidance on cost-saving opportunities
- Realized nearly $60,000 in savings through vendor negotiations during the COVID-19 pandemic
- Served as the liaison between NYS, NYC and internal auditors
- Conducted thorough reviews of the F&B outlet's Profit and Loss statements, which generated over $10 million in revenue, ensuring accuracy and compliance with our management agreement.
Controller
The Redbury New York Hotel
09.2016 - 04.2017
- Handled a comprehensive range of financial reporting tasks, including cash flow analysis, labor/overtime reporting, forecasting, budgeting, expense variance analysis, balance sheet reconciliation, and Profit and Loss statement preparation
- Collaborated closely with the Hotel and Executive Committee to optimize ROI, achieving revenue levels surpassing $15 million
- Managed the monthly and quarterly filing of NYS Sales Tax, NYC Occupancy Tax, and Prompt Tax
- Conducted meticulous reviews and oversight of monthly P&L statement preparation, ensuring precision and adherence to compliance standards
- Worked in tandem with the Food & Beverage outlet to guarantee accurate processing of room charge payments
- Contributed to the rebranding efforts and monitored renovation expenses
- Provided training, motivation, supervision, and professional development to a team of three in the accounting department
- Efficiently processed payroll for a workforce of over 90 employees, encompassing both Union and Non-Union personnel
- Served as the liaison for all internal and external audit processes.
Controller
Hill Country Hospitality
03.2013 - 09.2016
- Initially hired as an Accounting & HR Administrator, I earned a promotion to the role of Controller within a year
- Provided financial reporting for the CEO, Partners, and CPA
- Had direct oversight of operations generating revenues exceeding $40 million
- Processed payroll for over 200 employees across New York locations and Washington DC.
- Handled the filing of NYS Sales Tax, CRT, Prompt Tax, and Washington D.C
- Managed accounts payable in accordance with the company's cash flow
- Conducted audits of Food & Beverage inventory for control purposes
- Offered supervision and training to a three-member accounting team
- Contributed as part of the Pre-opening team for two new locations in Brooklyn
- Collaborated with HR to facilitate the transition of payroll systems from Valiant to Paylocity.
Assistant Controller
Forgeois Group
01.2007 - 03.2013
- Ensured rigorous control over cash handling procedures
- Calculated Food & Beverage costs for review by the Controller
- Efficiently processed payroll for a workforce exceeding 100 employees
- Conducted meticulous reconciliations of Balance Sheet accounts
- Performed in-depth analysis and review of financial documents before submission to the Controller
- Provided supervision and training to the accounting staff
- Established a payment cycle calendar for improved financial management
- Handled the filing of NYS Sales Tax
- Assisted in the transition of payroll systems from Paychex to Compupay
- Managed the filing of necessary worker's compensation paperwork for all company entities
- Maintained up-to-date employee records, including W-4 forms and pay rate acknowledgement forms
- Contributed to ensuring the company's compliance with all requisite legal regulations.
Education
B.S. in Accounting -
Baruch College
01.2012
Skills
- Forecasting and Budgeting
- Preparation of Financial Packages, including Balance Sheet Reconciliations
- NYS Tax, NYC Occupancy Tax, NYS Prompt Tax, CRT
- Creating Forecasting and Budgeting Modules
- Profitvue, Compeat, Sage Intaact, QB Pro, ProfitSword, Yardi
- Birchstreet, Craftable, XTRA-Chef, Blackline
- Opera, HMS, Stay in Touch, Fosse
- MICROS, Aloha, SpotOn
- ADP, Ceridian, Harri, Paychex, Paylocity, Valiant
- GAAP Knowledgeable
- Multi-Unit experience
- Team Building Leadership
Timeline
Director of Finance
Moxy Hotel Williamsburg
08.2022 - Current
Area Controller
The Ludlow Hotel NYC & Hotel Chelsea
04.2017 - 08.2022
Controller
The Redbury New York Hotel
09.2016 - 04.2017
Controller
Hill Country Hospitality
03.2013 - 09.2016
Assistant Controller
Forgeois Group
01.2007 - 03.2013
B.S. in Accounting -
Baruch College
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