TITLE: Accounting Manager
DEPARTMENT: Finance Department
REPORTS TO: Assistant Controller, Controller, Ownership
JOB SUMMARY
Assist and support the Controller and Assistant Controller in the achievement of the maintenance of adequate internal controls over all areas of hotel operations. Ensure timely completion of all reports generated by accounting staff.
ESSENTIAL FUNCTIONS
- Prepare and coordinate monthly forecasts, including, but not limited to, quarterly reforecasts for owners.
- Participate in monthly review of financial statements and review of all general ledger account classifications with the General Managers and other property level managers.
- Assist in monthly forecasting
- Prepare all other financial reports and analysis and perform other general and administrative functions as may be required.
- Prepare all month-end reports, including tax reporting packages.
- Assist the corporate accounting team in the completion and implementation of all audit recommendations.
- Handle the administration of all bank accounts, ensures bank reconciliations are updated, and prepare treasury reports.
- Coordinate all hotel cash handling operations and procedures.
- Ensure cash and credit card deposits are processed and reconciled
- Must be familiar with GAAP Accounting and have a strong understanding of the general ledger process.
- Perform monthly journal entries, account reconciliations and research on financial questions as directed by Corporate Accounting Team
- Oversee month-end inventory calculation and ensure accuracy of physical counts, pricing and related worksheets.
- Review special Accounts Payable invoices, verifying accuracy of coding, and submissions for multiple properties
- Review Accounts Receivable functions including proper credit approval, accurate and timely billing, weekly review of aging and collection follow-up.
- Providing direction and training to hotel operational team in areas related to financial reports, internal controls, standard operating procedures, and expense controls.
SUPPORTIVE FUNCTIONS
In addition to performance of the essential functions, this position may be required to perform a combination of the following supportive functions, with the percentage of time performing each function to be solely determined by the manager based upon the particular requirements of the hotel:
- Perform other analysis of financial data and trends or projects as required by Corporate Accounting Staff
- Additional duties as necessary and assigned.
