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    Accounting Manager - Chicago, United States - NPK Hospitality

    NPK Hospitality
    NPK Hospitality Chicago, United States

    2 weeks ago

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    Description
    Job Description

    Job Description

    About NPK Hospitality

    NPK Hospitality is a fast-emerging company that owns, operates and manages a variety of businesses within three main areas: live music and entertainment (event spaces, nightclubs, music venues, music festivals), restaurants, hospitality, real estate and construction.


    Accounting Manager Job Responsibilities:

    Establish and Monitor Financial Systems:
    Accounting managers create, monitor, and evaluate financial systems within their organizations.

    They collect, analyze, verify, and report financial information to document firms' financial performance and position companies to make well-informed financial decisions.


    Meet Financial Objectives:


    Accounting managers recommend forecasting requirements, draft annual budgets, and project expenditures to prepare periodic statements and meet financial regulatory requirements.

    They analyze general ledger variances and suggest corrective action for management's approval to meet annual accounting financial objectives.

    Achieve Operational Objectives:
    These professionals develop action plans, audit operations, and propose efficiency improvements. Skilled accounting managers lead the accounting team to provide accurate, timely data and recommendations.

    Monitor Revenue and Expenses:


    An accounting manager ensures companies' financial wellbeing by tracking revenue and expenses, consolidating and analyzing financial data, preparing special reports, maintaining internal controls and other best practices, and reporting activity to internal and external customers.


    Lead Accounting Staff:
    Included in the accounting manager's purview is recruiting, hiring, and supervising accounting staff. They also conduct performance evaluations, coordinate training programs, and identify training needs.

    Key Hard Skills for Accounting Managers:

    Financial Statement Preparation:
    Accounting managers prepare financial statements, which provide insights into the financial health of a company. These insights allow businesses to make strategic decisions about resource allocation. This skill also transfers to other accounting specialties, such as tax preparation and auditing.


    Microsoft Excel:
    There are many ways accounting managers leverage Microsoft Excel to streamline data. Some duties include automating repetitive tasks, creating sophisticated financial models, and streamlining data analysis.

    Knowledge of U

    S GAAP:
    Accounting managers must understand GAAP and its implications. For instance, GAAP guides the recording and preparation of financial statements, ensuring they are accurate and complete. GAAP standards also guarantee disclosures properly describe a firm's financial position and performance.


    Financial Close Experience:


    Financial close completes all financial transactions for the month, quarter, or year to ensure financial statements accurately represent the reporting period.

    The financial close process also uncovers errors or discrepancies recorded in the financial statements before publication.

    Key Soft Skills for Accounting Managers:

    Management:
    Management and supervisory skills allow managers to plan and organize work, set priorities, and delegate tasks.

    Additionally, these skills help leaders communicate effectively with team members to resolve conflicts and make decisions aligned with company priorities.


    Communication:
    Successful accounting managers effectively communicate financial information to employees, shareholders, and other interested parties.

    Communication skills allow these professionals to simplify complex financial concepts, build relationships with key stakeholders, and prepare concise financial reports that accurately reflect organizations' financial health.


    Eye for Detail:


    Accounting managers must accurately track and record financial transactions, using a keen eye for detail to find and correct discrepancies.

    This information helps companies make important financial and operational decisions. Thus, it is essential that financial transactions and reports are accurate.


    Organizational Skills:
    Organizational and time management skills help accounting managers track and prioritize ongoing projects and tasks. With these abilities, accounting managers can effectively launch, monitor, and evaluate accounting operations and deliverables.


    Qualifications:
    Hospitality industry experience
    Restaurant accounting experience (Inventory Management)
    GAAP reporting experience
    Quickbooks experience
    Toast POS experience
    Bachelor's Degree in accounting/finance
    NPK Hospitality is an equal opportunity employer.

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, or any other characteristic protected by law.

    We are committed to creating a diverse and inclusive workplace and encourage candidates from all backgrounds to apply.

    #J-18808-Ljbffr
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