Finance executive with a successful history at Terrapin Hospitality, expanding property portfolio from 5 to 82. Strong operational analysis and strategic planning skills have led to significant profitability improvements. Proven leadership abilities enhance team performance and drive organizational success. Expertise in financial modeling supports effective decision-making and goal achievement.
Overview
36
36
years of professional experience
Work History
Executive VP of Finance
Wurzak Hotel Group
02.2023 - Current
Oversee the day-to-day accounting functions for the managing company and the 11 hotels in the portfolio.
Lead a team of 5 corporate accounting team members and 7 onsite hotel accountants.
Updated all accounting SOPS.
Streamlined all aspects of the accounting processes.
CFO
Terrapin Hospitality
01.2013 - 02.2023
Instrumental in growing Terrapin Hospitality from 5 to 82 properties.
Key contact for work on all due diligence for the sale of Terrapin Hospitality to Aimbridge Hospitality in 2022.
Analyzed operational issues and implemented corrective action plans to improve profitability and efficiency.
Created, planned and implemented policies and procedures to increase productivity and maximize return on investments.
Oversaw all bank reconciliation and balance sheet reconciliations.
Developed and managed an accounting team of 20 and at one point the HR team of 6.
Oversaw annual budgets.
Acquired and oversaw tracking and forgiveness applications for 30 properties for PPP 1 & 2.
Worked with our Payroll Company to apply for ERC for 30 properties.
Point person for all hotels transitioned into Terrapin Hospitality.
Point person for all buyer and seller-side of due diligence for Terrapin managed properties.
Worked with the lenders when Terrapin bought and sold properties.
Oversaw all cash management including the setup of all bank accounts and merchant accounts.
Created and analyzed 5-year proformas for potential properties we were looking at to manage or buy.
Point person on all financial and tax audits.
Worked with our 2 CPA’s firms for yearend tax returns for ownership.
Headed up Terrapins community outreach by organizing several community service opportunities.
Planned the annual Corporate, GM and Director of Sales conferences.
Oversaw the implementation of several systems including payroll and investor software.
Worked with Indaco Risk Advisors on all aspects of Property & Workman’s Comp insurance.
Attended yearly Owner and GM Marriott & Hilton conference on behalf of Terrapin Hospitality.
Project Accountant / HR Manager
Timbers Resorts
Carbondale, CO
10.2008 - 12.2012
Company Overview: Is a luxury Fractional Ownership Company
Monitored project costs, developed job cost forecasts, managed cash flow and approved invoices for payment.
Collected and arranged financial information and entered details into financial management system.
Authorized and reviewed funds transfers into and out of project accounts.
Set up and managed project accounting systems.
Assisted the CEO/Founder with special projects as needed.
Oversaw payroll, benefits and HR.
Is a luxury Fractional Ownership Company
Controller
The Little Nell Hotel / The Snowmass Club / Aspen Ski Company
Aspen, CO
10.1989 - 10.2008
Company Overview: The Little Nell is a 5-star 5-Diamond Full-Service Hotel at the Base of Aspen Mountain Ski Area with two restaurants and bars onsite three on mountain restaurants and a private member club. The Snowmass Club was a private membership club including a Golf Course, Athletics club, three restaurants and bars, and a private residence club.
Managed the accounting team of 4 to 6.
Managed budgets, accounts payable and receivable and general financial reporting procedures.
Completed journal entries, balance sheet reconciliation, prepare monthly financials and prepared balance sheets, cash flow reports, income statements.
Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
Assisted in upper-level decision making by creating comprehensive financial reports and collaborating with finance and accounting departments.
Served on the Hotel Executive Planning committee.
The Little Nell is a 5-star 5-Diamond Full-Service Hotel at the Base of Aspen Mountain Ski Area with two restaurants and bars onsite three on mountain restaurants and a private member club. The Snowmass Club was a private membership club including a Golf Course, Athletics club, three restaurants and bars, and a private residence club.
Education
Basic accounting classes -
Colorado Mountain College
Variety of accounting and financial classes -
Online University
Skills
Operational and Budget Analysis
Annual and Strategic Planning
Profit / Loss Analysis
Expertise in full-service Hotel Accounting
Executive Leadership
Team Building and People Development
Human Resources, Benefits, Payroll Oversight
Employee Motivation and Performance
Accounting principles
Financial modeling
Cash flow analysis
Financial reporting
Team leadership
Leadership experience
Timeline
Executive VP of Finance
Wurzak Hotel Group
02.2023 - Current
CFO
Terrapin Hospitality
01.2013 - 02.2023
Project Accountant / HR Manager
Timbers Resorts
10.2008 - 12.2012
Controller
The Little Nell Hotel / The Snowmass Club / Aspen Ski Company