Accounting Manager

JOB SUMMARY:

Responsible for the planning and daily coordination of all accounting functions for 530 Hospitality LLC.

Work under the guidance of the Finance Manager, in collaboration with the leadership team, to develop, implement, and monitor effective and compliant processes and procedures. Ensure the precise and accurate preparation and presentation of all routine and requested financial reports, perform consolidations with hotel financials, conduct balance sheet reconciliations, facilitate audits, etc. Demonstrate leadership, integrity, attention to detail, thoroughness, and resourcefulness.

Interface with Consultants, Brokers, Lawyers, Accountants, Auditors and any third party named by the Owner, as well as any member of the Owner’s team to ensure all administrative and treasury functions associated with 530 Hospitality LLC are accomplished efficiently and in a timely manner including but not limited to cash management and banking, administration, insurance, taxes, legal, license and permits, building and lease matters

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:

Financial:

1. Responsible for all day to day accounting functions inclusive of accounts payable, accounts receivable (inclusive of collections and client billing), cash deposits, daily sales reconciliations, sales tax and overall compliance, etc.

2. Compile and interpret both routine and requested financial reports.

3. Prepare and distribute internal weekly sales reports to the leadership team, clarifying any potential questions or concerns.

4. Facilitate monthly closing procedures (utility accruals, prepaid/recurring journal entries, bank reconciliations, A/R future deposit reconciliations, additional expense accruals, statement review, inventory booking and analysis) to ensure accurate monthly financials.

5. Prepare and distribute monthly reports (P&Ls with corresponding notes/bridges, financial rollup to hotel, balance sheet reconciliations, fixed asset schedules, etc.) to the leadership team, ownership, and hotel prior to deadlines.

6. Assist the Finance Manager with the annual budget process and ongoing forecast and client needs.

7. Ensure the profitability goals of the business are commonly understood. Routinely review payroll, the budget, and costs controls with management, maintaining accountability to budgeted margins.

8. Serve as a subject matter expert, clearly articulating the financial data to a range of audiences with varying levels of comfort. Utilize spreadsheets, tables, charts

and any additional tools to facilitate that need.

9. Review monthly inventory ensuring completion in an accurate and timely manner, addressing any concerns.

10. Monitor compliance as it pertains to tip pooling, routinely auditing and flagging any concerns.

11. Ensure Management agreement is enforced.

Payroll and HR:

1. Onboard new hires in the payroll software.

2. Manage benefits participation and time off.

3. Reconcile tips and hours weekly.

4. Process Payroll and post in the GL, request transfer of cash

5. Refer to the handbook on all staff questions, and direct to HR all personnel issues.

Staff Management:

1. Further develop, train and mentor the management team on accounting documents, policies, and procedures, acting as a resource to them and identifying opportunities for growth and development.

2. Serve as a resource to both management and associates, directing to applicable internal contacts and tools as appropriate. Provide solid and timely communication to all associates and departments.

3. Contribute feedback, as appropriate, to labor schedules and staffing levels based on business levels.

4. Develop necessary training and establish regular reviews of data, complete with supporting documents.

5. Promote and maintain positive working relationships and create a team environment with management, associates and other Skylark team members.

6. Maintain positive relationships with approved vendors.

7. Monitor the completion and processing of time off in accordance with standard operating procedures.

8. Ensure compliance with all federal, state and local regulations as they pertain to accounting practices, health, safety and labor.

General:

1. Attend and participate in all scheduled meetings and training sessions.

2. Know and follow all Skylark emergency and safety procedures.

3. Direct associates in completion of tasks as designated by assignment sheets and/or needs.