Jorge Cabarcas Email & Phone Number

Pompano Beach, FL, US

-Manage day to day operation, advise staff on policies & procedures or other staffing-related matters.-Prepare financial statements, manage AR, AP, payroll, cash handling and maintain practices/procedures as required by company policy.-Assist in completion and review of monthly forecasts and annual budgets prepared by hotel mgmt team.-Prepare financial.

Miami Beach, FL, US

• Direct the day-to-day operations including managing and mentoring the accounting team to drive performance improvements and maintaining cross-departmental relationships with business partners.
• Accountable for monthly financial reporting, the general ledger, accounts payable and receivables and payroll.
• Continually monitor bank finances, cash concentration and bank accounts for areas of concern, implementing change in a timely manner to minimize any negative impacts.
• Verify and justify expenditures against budget for the management team and review statements for indicators to maximize the profitability.
• Work in collaboration with the Controller and owners on key projects including loan refinance, improvements in the employee cafeteria experience and community projects as needed. Notable achievements while in the.

Beverly Hills, California, US

• Directed the day-today operations of 2 hotels and 1 restaurant while managing and mentoring a team of 5 employees tasked with accounts receivables and payables, internal audit, purchasing and night audit.
• Responsible for balance sheets, bank reconciliations, monthly profit and loss (P&L), cash handling sales taxes, TA commissions and all ad-hoc duties as directed by the controller.
• Oversaw and prepared monthly journal entries, financial statements and general ledger reconciliations, substantiated and justified expenditures and expense reports and reviewed the monthly closing process.
• Prepared profit and loss (P&L) statements and audit and tax return paperwork for corporate auditors and reconciled bank accounts, pre-paids, payroll and cash flow analysis.
• Continually trained staff on new and existing internal control procedures to reduce risk to the organization.
• Led monthly income and financial statement reviews, looking to identify key indicators and making adjustments as needed to ensure maximum profitability.

New York, US

• Supported the Controller in the day-to-day operations of the Sixty LES hotel with revenue exceeding $15M encompassing all aspects of the accounting and financial reporting functions.
• Accountable to accounts receivable/payables, income journals, sales and occupancy tax, the general ledger, cash handling, internal/external audits, balance sheets, reconciliations, profit and loss and vendor/customer.
• Assembled and developed a high performing team, driving increase in both individual and team performance.
• Continually assessed opportunities for improvement to drive cost-savings and efficiency within the organization.
• Reviewed and uploaded the income journal, maintaining and analyzing and summarizing general ledger accounts, processed and submitted sales tax and occupancy tax and performed balance sheet reconciliations.
• Prepared month-end profit and loss, analyzed for positing consistency and accuracy.

New York, NY, US

• Oversaw accounting department operations including accounting procedures, the implementing, monitoring and enhancing of internal controls and database management for 2 hotels with combined revenue in excess of $41M.
• Prepared profit and loss (P&L) statements and audit and tax return paperwork for corporate auditors in addition to assisting with annual audit preparation.
• Supervised and prepared monthly journal entries, financial statements and G/L reconciliations while reviewing the monthly close process.
• Assumed a proactive approach to staff training on internal control procedures to drive increases in performance and mitigate risk.
• Managed additional areas of finance including bank reconciliations, fixed assets, payroll, accounts payable and cash flow analysis.
• Continually reviewed monthly income and financial statements for key indicators, adjusting as needed to ensure the maximum profitability.

New York, NY, US

• Fully responsible for all accounting functions for 2 hotels including maintenance and support of the general ledger (G/L), accounts payable/receivables, state tax preparation, journal entries, monthly financial.
• Prepared detailed financial data and analysis and report in addition to performing all balance sheet reconciliations including bank accounts.
• Supported budget and forecasting efforts as needed in addition to assisting the Controller as needed with ad hoc reporting and special requests.
• Performed the monthly close accounting process including the preparation of general ledger support schedules and reconciled cash received in the income journal to cash received in the bank.
• Followed up with hotel accounting personnel regarding all receivable balances more than 30 days past due.
• Conducted monthly comparisons of actual income expenses to budget with follow-up and explanations for significant variances.