Robert W. Williams, Cia Email & Phone Number

Ocean City, Maryland/ Atlanta, Ga

In my current role, I manage all aspects of financial and accounting practices for multiple hotel properties, including Ashore Resort and Beach Club and Embassy Suites Atlanta Midtown. My responsibilities encompass budget preparation, capital expenditure control, and accounts receivable management, while providing strategic financial leadership to support hotel operations. I've achieved significant results, including a 2.2 percentage point increase in GOP profit margin despite revenue… Show more In my current role, I manage all aspects of financial and accounting practices for multiple hotel properties, including Ashore Resort and Beach Club and Embassy Suites Atlanta Midtown. My responsibilities encompass budget preparation, capital expenditure control, and accounts receivable management, while providing strategic financial leadership to support hotel operations. I've achieved significant results, including a 2.2 percentage point increase in GOP profit margin despite revenue decline, and orchestrated a dramatic turnaround in Balance Sheet Compliance from 0% to 85% within three quarters. As a member of the Executive Committee, I deliver specialized financial analyses, cost-effective solutions, and ensure compliance with corporate standards. I've implemented effective cash controls, rectified audit deficiencies, and maintained up-to-date knowledge of relevant tax and industry laws. My role also involves overseeing the annual operating and capital expenditures budgets, managing account reconciliations, and collaborating with managers on inventory control. Show less

Ocean City, Maryland

In my role at Ashore Resort and Beach Club, I provided comprehensive financial oversight for a eight figure complete renovation project, managing all financial aspects of this 250-room luxury hotel complex. This included mixed-use condos, extensive banquet facilities, seven restaurants, employee housing, a gift shop, and parking facilities. My strategic financial leadership led to significant improvements in revenue and profitability, boosting profitibility in Rooms, Food and Beverage… Show more In my role at Ashore Resort and Beach Club, I provided comprehensive financial oversight for a eight figure complete renovation project, managing all financial aspects of this 250-room luxury hotel complex. This included mixed-use condos, extensive banquet facilities, seven restaurants, employee housing, a gift shop, and parking facilities. My strategic financial leadership led to significant improvements in revenue and profitability, boosting profitibility in Rooms, Food and Beverage and overall GOP, despite an 8% ADR drop.I also dramatically improved our Balance Sheet Compliance score from 17% to 74% in just two quarters, ultimately achieving 100% by the end of 2023. I oversaw staff development, including hiring, training, and supervising three direct reports and a Manager. I maintained critical financial elements such as debt service, budgets, forecasts, capital reserves, and contractual obligations. Additionally, I administered cash flow, prepared monthly financial statements, and maintained tight control over receivables, payables, and cash balances. This comprehensive financial management approach contributed significantly to the property's overall success and profitability. Show less

Ocean City, Maryland

In my role at Ocean Downs, I was responsible for overseeing financial reporting and forecasting, providing comprehensive narratives on monthly, quarterly, and annual results. My focus was on ensuring budgetary compliance, implementing effective cost control measures, and closely monitoring revenue and expenditures to maintain robust fiscal management. A key achievement was preparing the $90M annual revenue budget, which required strategic resource allocation across funds, personnel… Show more In my role at Ocean Downs, I was responsible for overseeing financial reporting and forecasting, providing comprehensive narratives on monthly, quarterly, and annual results. My focus was on ensuring budgetary compliance, implementing effective cost control measures, and closely monitoring revenue and expenditures to maintain robust fiscal management. A key achievement was preparing the $90M annual revenue budget, which required strategic resource allocation across funds, personnel, materials, facilities, and time. I also played a crucial role in facilitating and prioritizing the annual $4M capital budget submission for corporate approval. Show less

Maryland And Pennsylvania

In my role at Churchill Downs, I directed the Internal Audit function for gaming properties in Maryland and Pennsylvania. I managed and developed a talented team, facilitating their growth into management roles through effective training and coaching. My focus was on enhancing audit processes and ensuring compliance across all operations.

Ocean City, Maryland

As the leader of the Internal Audit Department, I was responsible for planning, organizing, and implementing comprehensive audit programs. I designed and implemented a weighted risk matrix to effectively prioritize risk factors across various departments, utilizing a strategic approach to drive an efficient auditing process and enhance our risk management capabilities. My role involved executing the annual Audit Plan within strict deadlines while ensuring adherence to Maryland Audit… Show more As the leader of the Internal Audit Department, I was responsible for planning, organizing, and implementing comprehensive audit programs. I designed and implemented a weighted risk matrix to effectively prioritize risk factors across various departments, utilizing a strategic approach to drive an efficient auditing process and enhance our risk management capabilities. My role involved executing the annual Audit Plan within strict deadlines while ensuring adherence to Maryland Audit Regulations, guaranteeing both timely completion and regulatory compliance. I developed and implemented diverse audit criteria spanning procedural, managerial, information systems, financial, and security aspects of casino operations. A key aspect of my role was maintaining a comprehensive documentation system for all audit-related materials, including plans, work papers, findings, reports, and follow-up actions. Additionally, I led confidential investigations into employee misconduct or fraud, providing crucial insights to management. This multifaceted role allowed me to significantly contribute to the organization's risk management and operational integrity. Show less

Ocean City, Maryland

I conducted onsite audit and compliance reviews as directed by the remote Internal Audit Manager. This involved ensuring strict adherence to established standards and protocols across various operations.

Ocean City, Maryland

A Washi Tape design and manufacturing company utilizing a direct to consumer sales model with over 2.5 million rolls sold. Our signature starter set had a sales rank in the top 500 products for the Arts and Crafts category on Amazon.