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    Corporate Director of Hotel Accounting - Philadelphia, United States - Women Leading Travel & Hospitality

    Women Leading Travel & Hospitality
    Women Leading Travel & Hospitality Philadelphia, United States

    3 weeks ago

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    Description

    The Corporte Director of Hotel Accounting is responsible for all areas relating to accounting and financial reporting including, but not limited to developing and maintaining accounting principles, practices and procedures (USALI) to ensure accurate and timely financial statements. The Corporate Director of Hotel Accounting will prepare, analyze, and report the financial and operating results of the company, including the preparation of the following: consolidated GAAP financial statements, monthly reporting package to senior management, supporting schedules to general ledger accounts and variance analysis for income statement accounts.

    **Essential Functions:**

    Prepare and review the financial statements for multiple hotel properties and related entities including corporate consolidation and reporting within the time frames supplied in the corporate closing schedule.

    Analytical review of multiple properties performance and profitability; guidance for budget and forecast processes and responsibility for timely completion.

    Oversight of Centralized Services including payroll; accounts payable; accounting staff; operations property guidance.

    Management of sales, occupancy and property taxes, medical benefits and insurance for hotel properties.

    Understanding and compliance with all corporate and hotel contractual documents for all entities.

    Make sure that all statuary and fiscal reporting requirements are satisfied, which includes any governmental requirements for permits and licenses. Work with the accounting team to streamline processes and manage deadlines.

    Review and approval of monthly bank and balance sheet account reconciliations with full support for all reconciling items and journal entries recorded in the subsequent accounting period.

    Supervision of Corporate Accounting Manager and staff in the corporate accounting department.

    Oversight of the review, approval and processing of disbursements.

    Assist Controllers with the preparation of annual budgets and monthly variance analysis for hotel properties and their related entities.

    Support operational departments and ensure accounting policies and procedures are adhered to, including the use and implementation of systems/software applications.

    Assist in onboarding new Hotels.

    Assistance in the establishment, documentation and maintenance of Standard Accounting Policies and Procedures and internal controls for our finance and accounting operations.

    Preparation of any special reports, statements, etc., as requested.

    Other special projects and responsibilities as assigned.

    **Qualifications:**

    Bachelors' Degree in Accounting or Finance required, with a minimum of ten (10) years of prior accounting experience.

    Must have hotel operations knowledge, previous experience in a centralized environment, handling multiple properties, is preferred; CPA is preferred.

    General accounting system knowledge is necessary and knowledge with any of the following systems is a plus: Opera, OnQ, Accounting Systems, and Aloha POS. Must be proficient in Excel and Outlook.

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