Overview
We are seeking a dynamic and detail-oriented Accounting Manager to lead our finance team and oversee all aspects of accounting operations. This pivotal role offers the opportunity to drive financial integrity, ensure compliance with regulatory standards, and contribute to strategic financial planning. The ideal candidate will possess extensive experience in corporate accounting, financial reporting, and compliance, with a strong background in various accounting systems and software. Join us to play a key role in maintaining accurate financial records, managing complex accounting processes.
Responsibilities
- Prepare and maintain monthly consolidated P&L statements and other financial reports across the hotel portfolio, ensuring accuracy and consistency of property-level reporting.
- Manage accounts payable and payment processing, including reviewing invoices, coordinating approvals, scheduling payments, and maintaining appropriate supporting documentation.
- Maintain and regularly update CapEx tracking by property, including approved budgets, contracts, invoices, payments, commitments, and remaining project balances.
- Manage and track loan payments and other debt-related obligations, ensuring timely payment of principal, interest, and other required amounts.
- Review monthly financial statements and operating reports provided by hotel management companies and reconcile property-level results to ownership records.
- Perform account and bank reconciliations and maintain accurate general ledger and financial records at the ownership/portfolio level.
- Support monthly and year-end close processes and coordinate with hotel management companies to resolve accounting discrepancies and reporting issues.
- Assist with cash flow management, including monitoring property cash balances, upcoming obligations, capital expenditures, and funding requirements.
- Support annual budgeting, forecasting, and variance analysis, with an understanding of key hotel operating metrics and departmental performance.
- Analyze hotel financial performance, including rooms, F&B, labor, departmental expenses, GOP/EBITDA, and other key hospitality operating metrics.
- Coordinate with hotel management companies, lenders, auditors, tax advisors, insurance providers, and other external parties on financial and accounting matters.
- Assist with lender reporting, loan compliance, audits, tax filings, and other financial reporting requirements.
- Maintain organized accounting records and supporting documentation for payments, CapEx projects, loans, and other ownership-level transactions.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum 5 years of accounting experience, preferably with hotels, hospitality companies, hotel ownership groups, or hotel management companies.
- Strong understanding of hotel operations and hotel financial statements, including departmental P&Ls, rooms and F&B operations, labor costs, GOP, EBITDA, and other key operating metrics.
- Experience with multi-property or consolidated financial reporting strongly preferred. 5. Experience with accounts payable, cash management, CapEx accounting/tracking, and debt service.
- Strong knowledge of general ledger accounting, account reconciliations, month-end close, and financial reporting.
- Experience reviewing budgets, forecasts, and budget-to-actual variances.
- Advanced proficiency in Microsoft Excel and experience working with accounting and financial reporting systems.
- Strong attention to detail and ability to manage multiple properties, deadlines, payments, and reporting requirements simultaneously.
Join us to leverage your expertise in accounting systems and finance management while contributing to an organization committed to excellence!
Pay: $70,000.00 - $90,000.00 per year
Benefits:
Education:
Experience:
- Accounting: 5 years (Required)
Work Location: In person
