Summary
Overview
Work History
Education
Skills
Timeline
Generic

Mitesh Patel

Pacifica,CA

Summary

Highly accomplished entrepreneur with a strong finance background, driving excellence in the hospitality industry through a keen focus on financial optimization. Proficient in applying in-depth knowledge of accounting and financial analysis to maximize profitability and enhance financial performance. Demonstrated track record of successfully navigating business intricacies through strategic cost control and revenue management initiatives, resulting in exceptional hospitality management and sustainable business growth.

Overview

17
17
years of professional experience

Work History

CEO

Pacifica Lodging, Inc.
06.2006 - Current
  • Acquire and assume ownership of Inn at Rockaway Hotel, overseeing all aspects of its operations.
  • Implement strategic business plans and marketing initiatives to enhance the hotel's visibility and reputation, leading to increased bookings and revenue
  • Manage multiple teams to uphold the hotel's reputation for excellence.
  • Nurture strong relationships with vendors and suppliers to secure competitive pricing and timely delivery of goods and services.
  • Conduct regular performance evaluations and training sessions for staff to maintain a skilled and motivated workforce.
  • Develop and manage the hotel's budget, closely monitoring expenses, and identifying opportunities for cost savings without compromising guest satisfaction.
  • Utilize online booking platforms and manage reservations effectively to optimize occupancy rates and revenue.

Staff Accountant

Virgin America
09.2014 - 01.2017
  • Prepare month-end journal entries, accruals, and account reconciliations.
  • Analyze monthly balance sheets and income statements, providing variance analysis for management reporting.
  • Support Accounting Manager and Senior Accountants in financial analysis, quarterly reviews, and external audits.
  • Manage and reconcile cash accounts to ensure accurate financial reporting.
  • Collaborate with the Financial Planning & Analysis team, offering financial insights and relevant reporting.

Accounts Payable Analyst

Virgin America
04.2011 - 09.2014
  • Efficiently enter invoices into ImageNow and Great Plains, ensuring accuracy and adherence to accounting standards.
  • Reconcile vendor statements weekly to maintain strong vendor relationships and resolve any discrepancies.
  • Process and allocate employee expenses to appropriate GL accounts, adhering to company policies.
  • Initiate aircraft lease and supplemental rent payments, ensuring timely and accurate disbursements.
  • Prepare weekly check runs and wires, adhering to payment schedules and cash management guidelines.
  • Reconcile AP adjustment accounts monthly to ensure accurate financial reporting.
  • Review and post invoice batches in Great Plains, ensuring proper coding and documentation.
  • Assist as ImageNow and ReQlogic admin backup, providing support for these systems.
  • Perform ad hoc accounts payable analysis to support decision-making processes.

Accounts Payable Specialist

Diamond Systems
07.2010 - 04.2011
  • Prepare monthly bank reconciliations, ensuring accurate records of financial transactions.
  • Perform three-way matching of invoices and vouchering them into the financial system (Macola).
  • Code credit card statements with appropriate GL account numbers and book monthly journal entries for credit card expenses.
  • Process weekly check runs, ensuring timely and accurate payments to vendors.
  • Provide upper management with financial analysis using Crystal Reports for sales/cost comparisons.
  • Manage and process sales/use tax returns, ensuring compliance with tax regulations.
  • Assist Accounts Receivable Analyst in applying cash receipts, invoicing, and collecting outstanding receivables.

Education

Bachelor of Science - Business Administration, Corporate Finance

San Francisco State University
San Francisco, CA

Skills

  • Financial Management
  • Strategic Planning
  • Leadership and Team Building
  • Decision-Making
  • Entrepreneurial Mindset
  • Accounting and Auditing
  • Hotel Operations Management
  • Risk Assessment and Mitigation
  • Business Development
  • Operating Budget
  • Industry Expertise
  • Budgeting and Cost Control
  • Leadership and People Development
  • Revenue Growth
  • Effective Communicator

Timeline

Staff Accountant

Virgin America
09.2014 - 01.2017

Accounts Payable Analyst

Virgin America
04.2011 - 09.2014

Accounts Payable Specialist

Diamond Systems
07.2010 - 04.2011

CEO

Pacifica Lodging, Inc.
06.2006 - Current

Bachelor of Science - Business Administration, Corporate Finance

San Francisco State University

Similar Profiles

CREATE PROFILE
Mitesh Patel