Thomas Walsh

Thomas Walsh Email and Phone Number

Director of Finance at The Ocean Place Resort & Spa @ The Ocean Place Resort & Spa
Thomas Walsh's Location
Holmdel, New Jersey, United States, United States
Thomas Walsh's Contact Details

Thomas Walsh work email

Thomas Walsh personal email

About Thomas Walsh

LOOKING FOR NEW OPPORTUNITYStrategic financial executive with extensive experience in Accounting, Financial Analysis, Budgeting and computer system implementation. Demonstrated ability to multi-task and achieve value added results in a timely manner. An effective manager who fosters teamwork and development of associates.Specialties: Hotel and Restaurant IndustriesAccounting & Asset ManagementBudgeting & Strategic PlanningAccounting, Budgeting & ERP System ImplementationAcquisition & Due Diligence Analysis

Thomas Walsh's Current Company Details
The Ocean Place Resort & Spa

The Ocean Place Resort & Spa

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Director of Finance at The Ocean Place Resort & Spa
Thomas Walsh Work Experience Details
  • The Ocean Place Resort & Spa
    Director Of Finance
    The Ocean Place Resort & Spa 2014 - Present
    Long Branch, Nj, Us
    • Increased gross operating profit margins due to improved purchasing efficiencies, better cost controls and expense accountability. • Supervised and developed staffs of 3 associates responsible for financial reporting, credit & collections, accounts payable, payroll, tax compliance & reporting, cash management, information technology, cash flow forecasts and annual operating & capital budgeting. • Cross-trained staff to minimize impact of absences and maximize productivity. • Collaborated with operational department managers to ensure control of expenses, maintenance of reasonable inventory levels and par stock and adherence to expense budgets.• Partnered with General Manager and department managers to ensure compliance with standard operating procedures and established internal controls to safeguard company assets. • Managed lease & contract administration and all required licensing, permitting and registrations required by city, state and federal authorities.
  • Wyndham Hotel & Conference Center
    Director Of Finance
    Wyndham Hotel & Conference Center 2013 - 2014
    • Increased gross operating profit margins due to improved purchasing efficiencies, better cost controls and expense accountability. • Supervised and developed staffs of 7 associates responsible for financial reporting, credit & collections, accounts payable, payroll, tax compliance & reporting, cash management, human resources, purchasing, information technology, cash flow forecasts and annual operating & capital budgeting. • Cross-trained staff to minimize impact of absences and maximize productivity. • Collaborated with operational department managers to ensure control of expenses, maintenance of reasonable inventory levels and par stock and adherence to expense budgets.• Partnered with General Manager and department managers to ensure compliance with standard operating procedures and established internal controls to safeguard company assets. • Managed lease & contract administration and all required licensing, permitting and registrations required by city, state and federal authorities.
  • The Lexington New York City
    Director Of Finance
    The Lexington New York City 2010 - 2012
    • Increased gross operating profit margins due to improved purchasing efficiencies, better cost controls and expense accountability. • Supervised and developed staffs of 6 associates responsible for financial reporting, credit & collections, accounts payable, payroll, tax compliance & reporting, cash management, cash flow forecasts and annual operating & capital budgeting. • Cross-trained staff to minimize impact of absences and maximize productivity. • Collaborated with operational department managers to ensure control of expenses, maintenance of reasonable inventory levels and par stock and adherence to expense budgets.• Partnered with General Manager and department managers to ensure compliance with standard operating procedures and established internal controls to safeguard company assets. • Managed lease & contract administration and all required licensing, permitting and registrations required by city, state and federal authorities.
  • Peninsula Real Estate, Llc.
    Vice President Of Finance / Asset Manager
    Peninsula Real Estate, Llc. Feb 2008 - 2010
    - Chief Accounting Officer for Investment Fund, General Partner and Management Company entities.- Managed hotel accounting staffs in daily revenue reporting,FS preparation, AP, AR, cash mgnt.,budgeting, forecasting, cash flow projections, tax and year end audits. -Achieved 30% increase in ADR and 50% increase in EBITDA with 25% reduction in audit fees in 1st year.- Asset management and financial oversight the Fund's portfolio of full service hotels in New York City, including risk mgnt. insurance and investor relations.-Strategic planning,acquisition analysis, hotel development and repositioning analysis.
  • Lincoln Center Development Project, Inc
    Controller And Chief Accounting Officer
    Lincoln Center Development Project, Inc 2006 - 2008
    -Managed accounting staff, FS prep, AP, cash mgnt., project cost estimates, cash flow projections, budgets, audits, insurance, risk mgnt., policies, procedures and internal controls.-Not-for-Profit tax and regulatory filings and grant administration-Implemented fully integrated construction cost accounting and reporting system (Timberline) resulting in $65mm funding from NYC EDC. -Worked collaboratively with fund-raising and legal staffs to secure $180 mm of City, State and Federal agency grants.
  • Prime Hospitality Corporation
    Vice President Of Budgeting & Strategic Planning
    Prime Hospitality Corporation 1990 - 2006
    - Supported regional operations teams with financial analysis, revenue management and cost control analysis-Supervised hotel and restaurant accounting staffs in financial reporting,cash mgnt., credit &collection, internal controls and policy & procedure implementation-Implemented Budget, ERP & Accounting systems resulting in 75% reduction in preparation timetable, 50% reduction in staffing and 20% reduction in operating costs- Strategic planning, feasibility studies, ROI and due diligence analysis which grew hotel portfolio by 900% in 4 years- Assisted CFO with purchase and sale of real estate assets, negotiation of mortgage and lease financings, real estate tax appeals, lease and sublease agreements.- Directed operating and capital budgets and multi year reinvestment plans for 260 hotels and corporate departments.
  • American Motor Inns, Inc
    Corporate Controller
    American Motor Inns, Inc 1984 - 1990
    -Managed acquisition, due diligence analysis and seamless integration of this corporate acquisition consisting of 50 Holiday Inns and Frenchmen's Reef Beach Resort in USVI resulting in 40% reduction in overhead staffing-Supervised hotel accounting staffs and managed FS prep, AP, AR, purchasing, payroll, cash mgnt., audits, SEC reporting and established policies, procedures and internal controls.-Developed 5 year strategic plans.

Thomas Walsh Skills

Financial Analysis Due Diligence Hotels Hospitality Industry Strategic Planning Asset Management Financial Forecasting Feasibility Studies Revenue Enhancement Powerpoint Access Outlook Operating And Capital Budgeting Acquisition Analysis Cost Containment Acctg And Erp System Implementation Excel Word Jd Edwards Erp Timberline Quickbooks Pro

Thomas Walsh Education Details

  • Saint Peter'S University
    Saint Peter'S University
    Accounting
  • Tom Walsh
    Tom Walsh

Frequently Asked Questions about Thomas Walsh

What company does Thomas Walsh work for?

Thomas Walsh works for The Ocean Place Resort & Spa

What is Thomas Walsh's role at the current company?

Thomas Walsh's current role is Director of Finance at The Ocean Place Resort & Spa.

What is Thomas Walsh's email address?

Thomas Walsh's email address is tj****@****ail.com

What schools did Thomas Walsh attend?

Thomas Walsh attended Saint Peter's University, Tom Walsh.

What skills is Thomas Walsh known for?

Thomas Walsh has skills like Financial Analysis, Due Diligence, Hotels, Hospitality Industry, Strategic Planning, Asset Management, Financial Forecasting, Feasibility Studies, Revenue Enhancement, Powerpoint, Access, Outlook.

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