Timothy Cannon Email and Phone Number
Timothy Cannon work email
- Valid
- Valid
Timothy Cannon personal email
- Valid
Timothy Cannon phone numbers
Timothy Cannon is a Vice President, Asset Management at Host Hotels & Resorts at Host Hotels & Resorts. He possess expertise in forecasting, leadership, financial analysis, training, accounting and 18 more skills. Colleagues describe him as "Timothy did a great job working as the Assistant Director of Finance at the Boston Marriott Quincy. He was able to quickly learn and perform all aspects of his job and he helped lead the team to very high marks in our internal audit process." and "Tim was great to work with during his MDP at the Renaissance Boston Waterfront. He immediately demonstrated great potential and enthusiasm and quickly learned all of the various Marriott financial processes and systems. Tim was always willing to put in extra effort to be sure he understood all of the functions of the hotel and accounting department."
Host Hotels & Resorts
View- Website:
- hosthotels.com
- Employees:
- 342
-
Host Hotels & ResortsWashington, Dc, Us -
Vice President, Asset ManagementHost Hotels & Resorts Apr 2018 - PresentBethesda, Maryland, UsOversee a portfolio of 9 full-service, luxury and resort assets totaling over 4,200 rooms, annual revenue of $650M and EBITDA of over $220M.Develop and implement short and long-term strategies, designed to sustain or improve the value of the portfolio through cash flow and long-term asset value enhancement initiatives. Explore and underwrite property level ROI opportunities in conjunction with strategy.Partner with management companies’ regional leadership and property leadership teams to realize operating goals and maximize the company’s return on investment. Build good relationships at the property and market level by traveling to the property and spending time in market.Partner with Host’s internal design and construction team, third party contractors and property teams to ensure capital projects are properly scoped, approved, completed on time and within budget.Responsible for supporting both internal and external counsel, accountants, appraisers and other consultants in property specific issues that regularly occur. Ensure that property specific compliance requirements are completed including accounting and quarterly reporting of financial statements, requirements of ground lessors, third-party lender requirements, settlement agreements, local taxing and zoning authorities. -
Sr. Manager, Global Business IntelligenceHost Hotels & Resorts Dec 2014 - Mar 2018Bethesda, Maryland, UsPerformed detailed on-property analyses to identify potential operational, labor and revenue opportunities. Coordinated with asset managers and property teams to implement recommendations. Analyses identified over $3M in potential profit improvements.Analyzed portfolio financial performance and communicated operational results to senior management. Provided all GOP related commentary for quarterly earnings calls.Reviewed potential acquisitions or third party management conversions and benchmarked target hotel to estimate potential profit improvements and/or validate underwriting. Established and monitored key performance indicators for each asset within the portfolio and worked with asset managers and property teams to drive incremental profit improvements. Built comprehensive dashboard to identify savings opportunity via increasing contract labor within the portfolio. Contract labor as a percentage of total hours increased 290 basis points with net wage and benefit saving ranging from $4 -$8 per hour.Performed ad hoc analysis related to strategic projects. -
Sr. Assistant Director Of FinanceMarriott International Mar 2013 - Nov 2014Bethesda, Md, UsFinance and accounting department head for 1,144 room downtown hotel with annual revenue in excess of $109M.Built and managed operating budget and forecast for entire property. Worked collaboratively across all disciplines and departments to deliver on goals and successfully manage expenditures. Hotel exceeded 2013 budgeted operating profit margin by 0.9 points. Ensured accuracy of profit and loss statement and balance sheet as well as crafted and presented monthly and quarterly financial critiques to regional leaders and hotel ownership.Oversaw accounts payable, accounts receivable, payroll, income journal, general cashiering and managed seven full time associates. -
Sr. Business AnalystMarriott International Jan 2012 - Mar 2013Bethesda, Md, UsSupported 72 Full Service and Ritz-Carlton hotels with operating and capital expenditure budgets, forecasting, benchmarking, profit improvement and ad hoc analysis.Developed tools to highlight key financial metrics and track regional initiatives. Improved reporting reduced time required for senior leadership to identify issues and trends within respective portfolios.Member of conversion team responsible for leading and training accounting management and staff through implementation of Marriott systems and processes. Successfully transitioned both the historic Essex House Hotel and the 2,000 room Gaylord National Resort. -
Business AnalystMarriott International Nov 2010 - Dec 2011Bethesda, Md, UsSupported 148 Select Service and Extended Stay hotels with operating and capital expenditure budgets, forecasting, benchmarking, and company/region/brand initiatives.Championed expenditure tracking and productivity tools, trained internal stakeholders through seven classes of 12-80 attendees each and ultimately aided in operating cost reductions and increased productivity across portfolio.Partnered with development, architecture and construction, and operations leaders to develop pro forma analyses for new property developments within region.Led food and beverage profit improvement test with six Courtyard hotels over four months to determine optimal operating schedule for new outlet concept. Results were published for corporate use across the brand. -
Assistant Director Of FinanceMarriott International Oct 2009 - Nov 2010Bethesda, Md, UsReconciled balance sheet accounts on a period basis and prepared quarterly assessment for regional office as well as performed period close tasks and made all corrections and adjustments to financial statement.Prepared owner communications, financial review summary and processed payments for taxes, rent, insurance and intercompany funding.Managed associates responsible for property accounting functions and achieved all key performance goals during associate turnover. Interviewed, hired and trained new AR associate.Conducted annual, quarterly and periodic control audits and achieved a score of 95% on annual Summary Risk Assessment, a four point increase from previous year.Nominated Leader of the Quarter. -
Management Development ProgramMarriott International Aug 2009 - Oct 2009Bethesda, Md, UsCompleted 10 week intensive training program with available reference materials and job experts in order to attain fundamental understanding of accounting function as well as total hotel operations. -
Staff Accountant, Event ServicesBoston Symphony Orchestra Jun 2005 - Sep 2008Boston, Ma, UsPrepared event billings and reimbursements, processed invoices and payments, created payroll and gratuity reports, monitored safe fund and distribution of petty cash, and participated in weekly and annual financial meetings with senior leadership.
Timothy Cannon Skills
Timothy Cannon Education Details
-
Bentley UniversityEconomics/Finance -
Lorenzo De'Medici InstituteItaly
Frequently Asked Questions about Timothy Cannon
What company does Timothy Cannon work for?
Timothy Cannon works for Host Hotels & Resorts
What is Timothy Cannon's role at the current company?
Timothy Cannon's current role is Vice President, Asset Management at Host Hotels & Resorts.
What is Timothy Cannon's email address?
Timothy Cannon's email address is ti****@****ail.com
What is Timothy Cannon's direct phone number?
Timothy Cannon's direct phone number is +124074*****
What schools did Timothy Cannon attend?
Timothy Cannon attended Bentley University, Lorenzo De'medici Institute.
What are some of Timothy Cannon's interests?
Timothy Cannon has interest in Education, Children.
What skills is Timothy Cannon known for?
Timothy Cannon has skills like Forecasting, Leadership, Financial Analysis, Training, Accounting, Hospitality Management, Hospitality Industry, Budgets, Management, Capital Budgeting, Team Leadership, Hotel Management.
Who are Timothy Cannon's colleagues?
Timothy Cannon's colleagues are Nacy Nacy, Sarah Johnson, Mahi Mahi, Nagi Sidisow, Jay Broadus, Tuwanna Mcbride, Mesfin Mesfin.
Free Chrome Extension
Find emails, phones & company data instantly
Aero Online
Your AI prospecting assistant
Select data to include:
0 records × $0.02 per record
Download 750 million emails and 100 million phone numbers
Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.
Start your free trial