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Financial Accountant

2 months ago

Stockbridge, Massachusetts, United States Main Street Hospitality Full time
Job Summary

Main Street Hospitality is seeking a highly skilled Financial Accountant to join our team. As a Financial Accountant, you will be responsible for all accounting functions related to assigned hotels and will serve as the finance department point of communication for the hotels' General Managers.

Key Responsibilities
  • Financial Accounting: Maintain compliance with Main Street Hospitality standards and regulations to ensure safe, consistent, and efficient financial processes of a portion of the company's hotel portfolio.
  • Posting Sales Journal: Post daily sales journal (income journal) after balancing audit reports to settlements, through interface of property PMS and company accounting software.
  • Monthly Journal Entries: Prepare and post monthly journal entries for banking and subsidiary journals (miscellaneous revenues, house S & P adjustments, gift cards).
  • Financial Reporting: Prepare monthly P&L's for assigned properties.
  • Budgeting and Forecasting: Work with General Managers on annual budgets and mid-year forecasts.
  • Balance Sheet Reconciliations: Prepare monthly balance sheet reconciliations with appropriate back up according to auditing standards.
  • Cash Flow Management: Prepare monthly cash flow statements, and work with MSH Treasury department on rolling calendar cash forecasts for assigned properties.
  • Auditing and Reconciliation: Audit and reconcile all front desk and food and beverage cashiering. Audit, reconcile credit cards; reconcile city ledger accounts on a weekly basis, compared to property monthly aging report.
  • Tax Calculations: Validate tax calculations in the sales journal and ensure that the taxes posted correspond to the revenues generated for each category; research and reconcile exceptions.
  • Operational Oversight: Alert management of any unusual operation or financial occurrences and/or significant deviations from policies and procedures.
  • Productivity and Problem-Solving: Maximize productivity, identify problem areas, and assist in finding and implementing solutions.
  • Government Inquiries: Respond to governmental inquiries upon receipt.
  • Meetings and Trainings: Attend meetings/trainings as required by management.
  • Additional Duties: Perform other duties as requested by management.
Requirements
  • Education: High School diploma or equivalent and/or related experience in a hotel or a related field preferred.
  • Experience: At least three to five years general accounting work experience (i.e., chart of accounts, maintain general ledger accounts, reconciliations, monthly closings).
  • Skills: Ability to understand and utilize basic computer equipment and applications, to include spreadsheet applications, accounting and analytics software, and HRIS technologies.
  • Preferred Qualifications: Experience with hospitality accounting and business analytics software.