ATLANTA—Hospitality Ventures Management Group (HVMG), an Atlanta-based, privately owned hotel ownership and management company, has named Cheryl L. Mathews the vice president of accounting. In her new role, Mathews and her team are tasked with ensuring that each hotel owner receives accurate and timely financial statements, supporting the hotels in all of their accounting and financial needs, and ensuring proper asset management systems and processes are in place, including cash management and risk management, among other accounting related responsibilities.
“With 26 years in the hospitality industry, more than 20 of which were focused on accounting, Cheryl brings a uniquely focused skill set that will prove invaluable as we continue to grow and augment our management platform and infrastructure,” said Maria D’Alessandro, senior vice president and CFO of HVMG. “Her experience working with some of the largest owners and operators in the industry to provide timely and proactive financial services proved pivotal in those companies’ growth. We have every expectation that she will contribute the same at HVMG.”
Previously, Mathews held executive positions at several hotel management companies, including Interstate Hotels and Resorts, Noble Management Group, Wyndham International, and Renaissance Hotels & Resorts. As vice president of treasury and vice president of accounting at Interstate, Mathews led the implementation of an e-payment system which modernized and streamlined the accounts payable payment process and an electronic balance sheet account reconciliation system for all domestic and international full service hotels.
“Hotel owners deserve and expect robust, timely and transparent financial reports,” Mathews said. “Helping non-financial managers understand accounting is a particular passion of mine, so I feel very confident that I can make a positive impact by working with the property-level teams as we strive toward industry-leading reporting systems for our owners.”