Accounting and Finance
Fiscal responsibility and accurate reporting are essential to success in this competitive hospitality environment. Radius Hospitality prides itself on providing detailed, timely and accurate reporting as well as a commitment to ethical and sound accounting practices.
Through our centralized accounting services we are able to properly assess daily, monthly and yearly financial information to ensure our properties are operating cost effectively and profitably. With consistent internal controls, cutting edge systems, our detailed analysis of data and a uniform system of procedures we are able to improve the speed of information, better control cash flow and allow our corporate staff and managers to make intelligent decisions for the successful operation of our hotels. Simply put, our accounting departments greatly enhance our operations.
Our commitment to success is driven by integrity and our unwavering desire to provide the very best in service and results.
Accounting and reporting tools include:
- Yearly Detailed Budgeting
- Monthly Financial Statements
- Monthly Owners Recap Reporting
- 30-60-90 Day and Yearly Forecasting
- Sales Tax Preparation and Payment
- Monthly Bank Account Reconciliations
- Accounts Receivable and Guest Ledger Monitoring
- General Ledger Detail Reports
- Cash Flow Management
- Purchase Order Systems Control
- Capital Expense Planning and Control