Pamela Rone Email & Phone Number

Memphis, Tn, Us

Memphis, Tn, Us

Memphis, Tn, Us

Mobile, Al, Us

Provided strategic direction, guidance, and ongoing support to a 7-person finance team; led all staff hiring, training, development, and performance management. A vital part of the leadership team for a AAA four-diamond hotel that includes a full restaurant, Norwegian spa, and a convention center. ➣ Accountable for a $30M annual operating budget and P/L for all aspects of the hotel and resort. ➣ Collaborated with the company’s Senior Controller to streamline accounting processes and procedures and to develop creative tools that reduced overtime and overall labor costs. ➣ Reduced the month-end close process by 50%, from six days to three. ➣ Supported Operating Managers by creating tools to assist in controlling costs and analyzing revenue. ➣ Led regular audits of income journals to ensure revenue accuracy; reconciled balance sheets and ensured the accuracy of all financial reports.

Dallas, Tx, Us

Recruited to serve as part of the leadership team for a high-volume hotel that also included a restaurant, bar, and catering business. Supervised a 2-person team; led interviewing, hiring, and onboarding of new financial personnel. Reviewed and approved all accounting staff reviews, hires, job transfers, warning notices, counseling sessions, and termination records; evaluated staff performance according to company guidelines.➣ Gathered, reviewed, and verified nightly audit financials from daily revenue uploads for both the hotel and restaurant; provided analysis and support to unit management staff as directed by the GM.➣ Prepared comprehensive financial reports timely and accurately with an average 55% profit flow through YoY; posted adjustments to the GL for variances, allowances, and any necessary corrections.➣ Instrumental in helping the hotel pass an annual internal audit in the first attempt while in this role, after three previous failed audits. ➣ Created and presented a weekly P&L report to corporate leadership that offered a detailed breakdown of the hotel’s current financial position. ➣ Established and maintained proper internal controls across all hotel departments to help maximize profits and minimize losses by reducing expenses and safeguarding hotel assets.

Paris, Ile-De-France, Fr

Hired to manage the ongoing maintenance and reconciliation of inventory for nine U.S. plants, four warehouses, and 42 consignment facilities for a global manufacturing company. Verified daily invoices of purchased products to assure proper inventory valuations upon entry and review. ➣ Spearheaded the standardizing of inventory count sheets, the proper coordination of cycle counting, and annual year-end inventory; assisted in new product costing and the creation of process orders.➣ Led the month, quarter, and annual reconciliation of the inventory activity for consistent reporting of inventory consumption, inventory adjustments, and inventory reserves.➣ Assisted leadership with the establishment of “standard rates” for inventory and costing resulting in divisional leadership to make required adjustments; provided inventory valuations for tax purposes.

Mclean, Va, Us

Promoted to serve as a trusted liaison and central financial resource for owners, corporate leadership, and hotel personnel to monitor internal controls and to address and resolve inquiries or problems related to A/P, taxes, bank reconciliations, or payroll. Accountable for the monthly close of financial statements for 19 hotel properties per GAAP principles; prepared audit schedules and ensured audit accuracy. ➣ Ensured the validity and accuracy of balances on the balance sheet analysis; oversaw the capital reserve analysis that consisted of deposits and reimbursements from escrow accounts. ➣ Worked collaboratively with both operations and internal customers to review and finalize the operating and capital budgets with consideration to variances to both the budget and prior forecasts.➣ Maintained the cash position of each hotel to determine cash calls or cash distributions. ➣ Identified and confirmed appropriate accounting treatment on routine transactions, making specific recommendations on more complex situations.

Mclean, Va, Us

Oversaw the reconciliation of sub-ledger accounts, employee reimbursements, and garnishments for 19 corporate, decentralized, and managed hotel properties. Created and uploaded journal entries to make bank recon and accounts payable corrections, re-classifications, and billing fees between corporate and properties.➣ Prepared and posted journal entries to re-class and write off chargebacks and small balances as needed. ➣ Generated, edited, and posted all accounting entries to the general ledger for all business units under accounts payable management; performed root cause analysis for revenue and payment variances. ➣ Expanded the returned check process to include resolving discrepancies in payments; updated vendor information to ensure checks are delivered to vendors promptly. ➣ Collaborated with hotel contacts and credit card companies to research and resolve credit card challenges; created streamlined ad hoc reports using pivot tables, Vlookups, and sum-if functions.➣ Reconciled credit card outlet accounts to the general ledger, the revenue report, and the credit card statements; reconciled credit card payments and charges posted to the corporate bank accounts.➣ Analyzed month-end reports to ensure the accounts payable process flowed properly with zero discrepant vouchers, payments, and journals posted to the general ledger.

Austin, Texas, Us

Master Of Science - Ms, Accounting, Controllership

Bachelor Of Arts - Ba, Accounting

Associate Of Science - As, Accounting