Corporate Director, Hotel Accounting

Description

The Corporate Director, Hotel Accounting is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, and the support of budget and forecast activities. The position is responsible for detailed accounting for owned and managed hospitality properties. 

  Primary Job Functions

· Obtain and maintain a thorough understanding of the financial reporting and general ledger structure. 

· Ensure an accurate and timely monthly, quarterly and year end close. 

· Ensure the timely reporting of all monthly financial information. 

· Ensure the accurate and timely processing of positive pay transactions. 

· Collaborates with Property Controllers and General Managers to support overall Company accounting goals and objectives. 

· Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy. 

· Advises staff regarding the handling of non-routine reporting transactions. 

· Responds to inquiries from VP of Finance, and other finance and firm wide managers regarding financial results, special reporting requests and the like. 

· Work with the VP of Finance to ensure a clean and timely year end audit. 

· Supervise the Corporate Accounting team to ensure all financial reporting deadlines are met. 

· Assist in development and implementation of new procedures and features to enhance the workflow of the department. 

· Work with each direct report to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff. 

· Support VP of Finance with special projects and workflow process improvements. 

· Assist with cash management to include:

• Transfer of funds between intercompany accounts at the Corporate Level
• Transfer of funds between accounts at the Property Level
• Approval of transfer transactions initiated by Human Resources
• Weekly analysis of Cash Position for Corporate Entities
• Review of Payroll Journal Entries and Payroll reimbursements prepared by Human Resources
• Ensure intercompany account billing and reconciliations are current
• Preparation of all Corporate Entity Balance Sheet account reconciliations 

· Management of the Corporate Accounting process

· Review of all Reimbursable expenses (billed to properties)

· Review of A/R (Corporate and Project); collection efforts as needed

· Review of Property level accounting to include:

• Weekly a/p payment approval
• Monthly balance sheet reconciliations
• Monthly sales tax returns

· Assist in organization and implementation of accounting and finance SOP’s

· Assistance with yearend closing and preparation of financial statements

· Special accounting projects as assigned by the VP of Finance

· Other duties as assigned

Requirements

Educational and Experience Requirements: 

• Minimum four years’ experience in hands on General Ledger Accounting in a multi-entity environment
• Minimum one-year direct supervisory experience
• Bachelor’s degree in accounting, Business or Finance preferred.
• Experience completing time critical projects responsibly.
• Strong math and analytical skills 
• Hotel experience a plus

Qualifications/Skills and Abilities Requirements:

• Thorough understanding of general ledger accounting
• Excellent skills in Microsoft Excel 
• Excellent knowledge and experience with accounting software and databases, experience with QuickBooks and/or M3 Accounting Core software preferred.
• Must be able to manage multiple priorities and able to work well in a fast-paced, dynamic environment.
• Ability to work in a team environment as well as self-motivated in individual projects.
• Strong personal  accountability, communication skills, and work ethic