Accounting Manager
4 weeks ago
LR Palm House LLC is seeking an experienced Accounting Manager to join our team. The successful candidate will be responsible for providing financial leadership and guidance to the hotel's management team.
Key Responsibilities:
- Monitor and prepare financial reports in accordance with company requirements.
- Prepare and input payroll journal entries.
- Maintain responsibility for the daily Accounts Receivable credit, billing, and collection process.
- Monitor payment requirements on groups or functions and process deposits.
- Complete collection calls on each outstanding account and maintain collection files.
- Review and approve City Ledger transfers daily and communicate any deviations from established accounting policies and procedures.
- Handle customer inquiries in a professional and timely manner, providing accurate invoices, statements, and schedules.
- Process returned checks and credit card chargebacks.
- Partner with the Sales and Events Team to establish customer credit, including application processing, reference checks, credit limitation, direct billing lists, and deposit requirements.
- Maintain an efficient collection process, including organized filing and tracing systems, issuing letters, monitoring returned checks and chargebacks, performing collection calls, and preparing bad debt write-offs.
- Update daily revenue reports for internal and corporate distribution.
- Monitor guest ledger, advance deposit ledger, and other related ledgers to ensure proper internal control.
- Keep management aware of any unusual operations or financial occurrences and/or significant deviations.
- Reconcile invoices against ledgers or schedules to ensure accuracy of invoicing.
- Assist in the monthly close process by posting journal entries related to daily/monthly responsibilities.
- Ensure overall guest satisfaction by attentive listening and resolving guest issues or elevating to the Director of Finance or General Manager.
- Cross-train in other areas within the Accounting Department, including accounts payable.
- Ability to identify root causes of issues affecting staff or guests and provide actionable and measurable solutions to improve efficiency, work environment, and/or guest experience.
- Income Journal audit and posting.
- Accounts Payable.
- General cashiering, such as petty cash reconciliation and establishing banks.
- Prepare balance sheet reconciliation, payroll reconciliation, taxes/tax exempt reconciliation.
- Execute other special projects and responsibilities as assigned.
Requirements:
- At least 6 years of related progressive experience in hotel Accounting or a related field.
- 4-year college degree with an Accounting/Finance concentration and a minimum of 2 years of related progressive experience.
- 2-year college degree and a minimum of 4 years of related progressive experience.
Licenses or Certificates:
- Ability to obtain any government required licenses or certificates.
Grooming:
- All employees must maintain a neat, clean, and well-groomed appearance.
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