Property Controller (550 Madison)

About GHM's 550 Madison Project:

Opening in 2026, Gracious Hospitality Management’s 550 Madison project is their most ambitious to date: a multi-level, 15,000-square-foot dining destination inside the iconic landmark Sony building. The project will bring together three distinct concepts — the second New York location of the Michelin-starred COTE Korean Steakhouse, an all-day multi-bar and dining concept- Chimera, and an intimate sushi restaurant led by Michelin-starred Chef Masahiro Yoshitake- Sushi Yoshitake . Designed by Rockwell Group, with Yoshio Itai collaborating on the sushi concept, 550 Madison is set to redefine immersive, transportive dining in Midtown Manhattan.

Job Summary:

The Property Controller is responsible for executing world class accounting and financial reporting practices, internal controls, and adherence to federal, state and local regulatory compliance. They will work closely with the Gracious Hospitality Management (“GHM”) Chief Finance Officer and Corporate Controller to develop the people, process and systems required to drive accounting efficiency at the 550 Madison property. They hold themselves to the highest standards and drive financial accountability across the property leadership team.

Essential Job Duties & Responsibilities:

Job duties and responsibilities include, but are not limited to the following:

• Owns and completes week-end, month-end close.
• Prepares and reviews account reconciliations and journal entries.
• Ensures that accounting complies with generally accepted accounting principles.
• Prepare variance analysis and participate in month-end financial review.
• Handoff complete and accurate trial balance to FP&A team for interim financial package preparation.
• Provides support as needed to the GHM corporate accounting and finance team
• Works with external auditors and provides needed information for the annual audit.
• Ensures compliance with federal, state and local regulatory requirements as it pertains to the property.
• Participates in community events and helps to ensure corporate social responsibility goals of the company are met.

Standards:

• Display knowledge of the brand, culture, and product.
• Demonstrate the Company’s core values of people, learning, culture, relationships, sustainability, and stewardship.
• Maintain professional and respectful behavior when in contact with guests, management, and teammates.
• Present a polished personal appearance, adhering to company grooming standards outlined in the Employee Handbook.
• Adhere to all company policies and procedures outlined in handbooks, manuals, and other company documents.
• Attend and participate in all scheduled meetings, training sessions, and continuing education activities.
• Take care of all company property.
• Maintain safety standards.
• Comply with federal, state, and local laws and regulations.

Qualifications:

• Must have the ability to read, speak, understand, follow written directions, and verbal instructions in English.
• Must be reachable by email and able to communicate via phone as well.
• Communicates information effectively and efficiently.
• Excellent organizational skills and attention to detail.
• Possesses a positive, results-oriented, team-player mentality.
• Ability to perform job duties and responsibilities well and maintain professionalism and composure under pressure and in a high-paced and at times stressful environment.
• Ability to under pressure and maintain professionalism when working under stress.
• Excellent management and supervisory skills.
• Excellent organizational and time management skills.
• Proficient in accounting and tax preparation software.
• Proficient in Google Suite and Microsoft Office Suite or similar software.
• Must have a firm understanding of finances and always be in control of the financial outcome and direction.
• Familiarity with restaurant management software such as point of sales, reservations management, inventory management, and Microsoft Word, PowerPoint, and Excel.
• Demonstrates positive leadership characteristics, which inspires team members to meet and exceed standards.
• Bachelor's degree in Accounting or Business Administration required.
• Minimum 7 years of related experience required.
• Certified Public Accountant designation preferred.

New York State’s Pay Transparency Law requires employers to include a range of pay for
all advertised job, promotion, or transfer opportunities.

New York Pay Range

$125,000—$135,000 USD

Benefits (with variation for full-time/part-time employment):

• Structured, generous compensation for all positions
• Comprehensive Medical, Dental, and Vision benefits
• Flexible Spending Account/Health Savings Account
• Commuter Benefits
• Referral Bonus Program
• Career Advancement Opportunities
• Employee Recognition Awards
• Employee Dining Discounts
• Paid Time Off

550 Madison fully complies with all applicable federal, state, and local anti-discrimination laws by providing equal employment opportunities to all employees and job applicants without regard to race, color, religion, sex (including pregnancy, childbirth, and related medical conditions, sexual orientation, or gender identity), national origin, age (40 or older), disability, and genetic information (including family medical history), or any other legally protected status.

Applicants requiring a reasonable accommodation to perform the essential functions of the job should contact the Human Resources department at [email protected]