The Manager of Hotel Accounting will prepare and review hotel and restaurant financial statements and budgets. The position is responsible for financial and reporting controls for multiple locations. The Manager provides financial information support to General Managers and Operations Management. The position calls for an individual who is willing to be an integral member of a dynamic and ambitious team, thrive in a fast paced and continuously changing environment, posses a high degree of self-motivation, and a has desire to learn more about the hospitality industry.
ESSENTIAL DUTIES & RESPONSIBILITIES
*Preparation of monthly financial statements.
*Preparation of month-end and year-end closing entries.
*Posting of activity to the general ledger, including monthly accruals.
*Research and correct account discrepancies.
*Account analysis and reconciliation, to include bank statements, inter-company general ledger accounts and
balance sheet accounts.
*Preparation of monthly reconciliation’s between source records and control accounts.
*Monitoring and maintenance of recording and reporting fixed assets and related depreciation.
*Familiarization with Management, Franchise, and Loan Agreements
*Evaluation and maintenance of internal controls relating to hotel properties This is to include validation of: supporting documentation, accuracy of information received, completeness of transactions, maintenance of accounting records, and physical security of assets.
*Participate in the annual budgeting process.
*Review peer hotel month end packages, including bank reconciliations and various other analysis for 30-50% of the hotel portfolio
*Assist in training of new department members and hotel accountants
*Work directly with the Corporate Department Heads, Hotel General Managers and Operations Management
*Take initiative to identify areas and provide suggestions for improvement
*Research and resolve technical accounting and system issues
*Additional duties as developed, directed or assigned
EDUCATION and/or EXPERIENCE: