Thomas Walsh Email and Phone Number
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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
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Director Of FinanceThe Ocean Place Resort & Spa 2014 - PresentLong 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. -
Director Of FinanceWyndham 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.
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Director Of FinanceThe 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.
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Vice President Of Finance / Asset ManagerPeninsula 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.
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Controller And Chief Accounting OfficerLincoln 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.
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Vice President Of Budgeting & Strategic PlanningPrime 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.
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Corporate ControllerAmerican 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
Thomas Walsh Education Details
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Saint Peter'S UniversityAccounting -
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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