hospitality ventures management group

HVMG Financial Reporting and Accounting services are a critical part in the successful operations of our hotels.  While financial reporting is a standard requirement for any property, how it gets done is not the same for all companies.  The right financial process and organization can bring order and focus and will add value to the operations of the hotel. Our team is experienced with qualified senior-level leaders who take immediate steps to put your property’s financial reporting and control functions back on track.

HVMG Financial Reporting and Accounting team focuses on the collection, analysis, summarization, and presentation of a property’s financial performance.  We provide each property the appropriate levels of support and maintain an accurate, timely and effective system of financial reporting and controls.  Our hotels are given the tools needed to help them run their businesses better- without tying them down to a desk. We make sure that management can do its job - make guests happy - while at the same time, satisfying the needs of the owner / investors with clear and accurate financial statements.  

HVMG offers an approach to accounting and reporting which includes:

• Real Time Access to Current Financial Information
• Web Based Software Allowing Access to Information from Anywhere, Anytime
• Appropriate Internal Control Tools
• Critical Planning and Analysis Functions for an Accurate Understanding of a Hotel's Past Performance and Current Situation
• Re-engineering and Streamlining of Property Reporting Processes
• Creation, Review and Documentation of Internal Control Policy and Procedures
• Post Take-over Accounting Integration
• Timely Monthly Financial Statements & Reports
• Annual Budget Preparation
• Forecasting Model Creation
• Bi-weekly Re-forecasting
• Provide Ownership Cohesive Strategic Plans
• Benchmarking
• Refinement of Operations/Costing Methodologies
• Pricing Analysis
• Capital Expenditure Analysis and Planning
• Financial Audit Planning and Coordination