VICTORIA BLAKE

Developed finance department for 9 restaurants in process of becoming national franchise. Prior to COVID $7.1m in sales. Built new chart of account and deployed new accounting system. Created new SOPS for F&B operations. Targeted wages at 19% and prime cost at 51%. Worked to develop entrepreneurial sprit of each operating manager and department head. Worked with legal and outside audit to prepare company to sell franchise locations.

Oversee all accounting and reporting duties for 10 hotels and restaurants. Review each property AP entries. Prepare P&L and present to ownership. Assure mortgages, utilities and other critical payments were made and on time. Prepare weekly AP check runs. Balance sheet review. Review cash position and arrange for short term cash needs. Sales and Use tax filing. Final approval for payroll. Hire and train new accounting staff. Write and develop new SOP as needed. Assist with brand standard compliance. Perform audit where needed. Budget preparation . Convert 8 hotels from former accounting software to current software. ADHOC as needed by ownership and management.

• Supervises and directs financial activities of operation, safeguards assets, and prepares all financial reports in accordance with generally accepted accounting standards.
• Form special financial analysis as needed and /or requested by management
• Searched for solution from cost vs. benefits viewpoint
• Provide accurate policy interpretations
• Actively participate in Executive Committee and staff meetings
• Analyzing statements, distributions, and other financial data
• Support and comply with property standards and Corporate SOP's
• Financial and Accounting Practices, Procedures, and Policies
• Correcting deficiencies identified on Internal Audit report
• Maintain effective cash control system with audits and reports for each period
• Review security over assets and auditing inventories
• Understanding of all pertinent leases, contracts, agreements, covenants, and restrictions
• Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor
• Budget Preparation
• Schedule and coordinate preparation and presentation of annual operating budget
• Coordinate all aspects of capital expenditures budget according to Capex plan
• Control Capital Expenditure program and complete ROI Analysis
• Complete entries required for preparation of financial statements
• Review statements for inaccurate data and make corrections within following period
• Communicate with management of current and potential financial problems
• Keep management informed of sales and profit attainment throughout period
• Coordinate property's labor management system
• Accounts Receivable Maintain appropriate standards for 60–90-day accounts
• Conform to standards regarding average collection period
• Approve all major accounts for credit as defined by local policy
• Review all major banquet functions and group accounts for proper credit extensions prior to arrival
• Responses to Corporate and ownership communications
• Complete financial required reports and requests
• Balances in Asset and Liability Accounts Reconcile balances in accruals, pre-paid, and other accounts.
• Work with Department Managers to control inventory balances according to established realistic pars
• Tenant lease management and lease reporting
• Server as task force Director of Finance for other properties as needed
• Assist with bringing on new hotels or selling hotels as needed by corporate

• Performed all duties for the accounting needs for the Hilton Hotel at 31st Street
• Including general ledger, journal entries, AP, AR and balance sheet
• Labor control and ownership reports
• Successfully opened hotel
• Developed systems to integrate F&B point of sale system with hotel property management system
• Tenant lease oversight of 10 retail units
• Assist with payroll for 400+ associates