Terri Williams
McKinney,TX
Summary
Strong leader and problem-solver possessing versatile skills in accounting, tax, and hospitality. Detail-oriented individual with hands-on experience, results-oriented mindset, ready to tackle new challenges with dedication and enthusiasm. Self-motivated, with a strong sense of personal responsibility. And managed time efficiently in order to complete all tasks within deadlines
Overview
28
28
years of professional experience
1
1
Certification
Work History
Corporate Director of Accounting & Tax
Whitestone Hospitality Group
09.2017 - 12.2022
- Responsible for the hotel's accounting team and PCI training
- Oversee all treasury tasks; set up credit cards for hotels, monitored chargebacks, maintained multiple credit card accounts, and performed weekly wires and ACH transfers for multiple accounts
- Managed accounting operations; general ledger activities, cash flow needs, improved processes, completed bank reconciliations, reviewed monthly inventory and daily income journals
- Setup accounting worksheets for daily cash, taxes, revenues, credit card accounts, and end of the month processes
- Managed temporary, outsourced accounting staff
- Reviewed and approved corporate and property payrolls
- Completed tax returns; occupancy, sales/use, beverage, and completed corporate returns for outside accounting firm
- Prepared monthly, quarterly, and annual financial reporting
- Created insurance schedules and completed property rebills
- Completed property annual audits and 1099 filing
- Involved in overall opening/closing hotels; system implementation, policies, audits, and training
Controller/Treasurer
The Los Angeles - Country Club
05.2014 - 08.2017
- Oversee daily accounting and financial reporting for the largest US country club
- Supervised accounting staff of 15 and payroll of 335 full and part-time employees
- Responsible for inventory of $1.25 million
- Oversee capital budget and financial reporting for the renovation of the clubhouse and 2 golf courses
- Managed system conversion; implemented new system called NorthStar Club Accounting
- Setup chart of accounts, customer/vendor numbers, inventory items, configured system reports
- Converted documents from Lotus 123 to MS Excel then transferred to NorthStar Club Accounting
- Oversee reconciliation of banking activity, credit card processing, and sales tax returns
- Managed accounting operations; general ledger activities, cash flow needs, improved processes, completed bank reconciliations, reviewed monthly inventory and daily income journals
Corporate Controller/Treasurer
NVN Hotels
05.2010 - 04.2014
- Reviewed daily income and reports. Completed journal entries, reconciliations, and account analysis to prepare monthly financial documents
- Provided treasury and cash management by overseeing reconciliation of banking and credit activity
- Created corporate insurance worksheets and completed property rebills
- Completed monthly, quarterly, and annual tax returns
- Completed annual audit visits and processed 1099s
- Completed year-end close with accounting firm
- Oversee the M3 Accounting system implementation and identified opportunities for increased PCI controls
- Performed and reconciled all property daily cash, credit cards, wires and ACH transactions
- Involved in Hotel Openings & Hotel Takeover planning
Controller Taskforce
HostMark Hospitality Group
10.2008 - 01.2010
- Contracted assignment to complete due diligence of the Takeover of the Queen Mary Hotel
- Oversee new property management system implementation for Accounting, Front Desk & Sales
- Managed staff of 22 accounting and night audit staff including processing payroll of over 500 employees
- Heavily involved in processing AP, AR billing, daily revenues, payroll, reconciliations and journal entries
- Oversee treasury and cash management by reconciliation of banking activity, credit card processing, and sales tax returns
- Prepared the balance sheet and monthly financial reporting packages
Senior Accountant II
Shell Vacations Club
01.2005 - 10.2008
- Managed 6 senior staff accountants and worked closely with property controllers for 37 Full/Select Service hotels
- Processed all accounts payable invoices for accuracy
- Prepared sales taxes for monthly processing
- Reconciled monthly general ledger and balance sheet activity for over 50 accounts and created journal entries
- Reconciled AR billing for Timeshare department to ensure accuracy of customer billing and payment postings
- Prepared monthly financials to include sales reports, and variance explanations
Assistant Controller
Hilton Hotels, Embassy Suites
12.2002 - 10.2004
- Supervised, trained and developed 8 employees
- Prepared state, city, occupancy, liquor, food & bev taxes
- Oversee food and beverage inventories to ensure proper controls are in place
- Created schedules for prepaid invoices, depreciation, capital, leases, and contracts for organization
- Streamlined month-end closing procedures, reducing time spent on manual tasks and increasing efficiency
- Ensured integrity of general ledger and balance sheet accounts through regular reconciliations, adjustments, and detailed documentation
Sales & Revenue Manager
Hilton Hotels, Beverly Hilton
08.2000 - 11.2002
- Oversee the revenue maximization efforts for 4 hotels
- Setup revenue Sales kit with current rates online
- Responsible for the Merv.com website; responded to web complaints and inquiries
- Developed reports for revenue meetings
- Maintained historical data from all distribution channels
- Supported VP of Sales & Revenue in developing and executing revenue strategies
Sales & Reservations Coordinator
Hilton Hotels, Sales/Reservation Center
03.1999 - 08.2000
- Handled guest inquiries and guest reservations
- In-charge of entering all employee reservations
- Entered and ensured group rooming blocks accurately
- Prepared special billing for groups, no-shows, & cancels
- Assisted Revenue Manager with developing new reports to assist in preparation for revenue meetings
Tax Accountant
Arthur Andersen/Andersen Consulting
10.1996 - 07.1998
- Completed corporate, partnership, sales and use tax returns
S&U/Property Tax Accountant
Linc Anthem
08.1994 - 09.1996
- Completed monthly tax returns for numerous properties for sales, use and property taxes
Education
Master of Science - Taxation
Golden Gate University
01.2014
Master of Arts - Organizational Management
University of Phoenix
08-2002
Bachelor of Arts - Accounting
Concordia University
08-1992
Skills
- General Ledger Reconciliation
- Bank/Credit Card Reconciliation
- Capital & Cash Projections
- Financial Report Writing
- Systems Implementation
- Process Improvement & Training
- Microsoft Office
- Quick Books & PeopleSoft
- CorpTax & Intuit Proseries
- OnQ Hilton, Opera, Lightspeed
- My Invoices & Estimates
- M3 AccKnowledge, Aptech
- NorthStar Club Accounting
- ADP & Paychex Payroll
- Blackline Balance Sheet System
- Hotel Effectiveness Labor Tracking
Certification
- CPA, currently studying
- Enrolled Agent
- Notary Signing Agent
Timeline
Corporate Director of Accounting & Tax
Whitestone Hospitality Group
09.2017 - 12.2022
Controller/Treasurer
The Los Angeles - Country Club
05.2014 - 08.2017
Corporate Controller/Treasurer
NVN Hotels
05.2010 - 04.2014
Controller Taskforce
HostMark Hospitality Group
10.2008 - 01.2010
Senior Accountant II
Shell Vacations Club
01.2005 - 10.2008
Assistant Controller
Hilton Hotels, Embassy Suites
12.2002 - 10.2004
Sales & Revenue Manager
Hilton Hotels, Beverly Hilton
08.2000 - 11.2002
Sales & Reservations Coordinator
Hilton Hotels, Sales/Reservation Center
03.1999 - 08.2000
Tax Accountant
Arthur Andersen/Andersen Consulting
10.1996 - 07.1998
S&U/Property Tax Accountant
Linc Anthem
08.1994 - 09.1996
- CPA, currently studying
- Enrolled Agent
- Notary Signing Agent
Master of Science - Taxation
Golden Gate University
Master of Arts - Organizational Management
University of Phoenix
Bachelor of Arts - Accounting
Concordia University
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