Senior Financial Operations Manager

3 weeks ago


Philadelphia, Pennsylvania, United States Staffing Ninja Full time

Job Title: Senior Financial Operations Manager

Location:

Full-time

Onsite

Job Summary:

  • The Senior Financial Operations Manager will oversee the financial operations of two hotel locations within our complex. This role involves managing accounting functions, financial reporting, budgeting, forecasting, and compliance to ensure the financial health and integrity of our company.
  • Responsibilities:
  • Prepare and review the financial statements for complex hotel properties and related entities for corporate consolidation and reporting within the time frame supplied in the corporate closing schedule.
  • Improve all hotel's financial performance by reviewing and monitoring daily, weekly, monthly, and annual results, utilizing myDigitaloffice, and providing feedback to the appropriate leadership Teams, and suggesting adjustments when appropriate.
  • Reviewing, and implementing new purchasing opportunities and processes across all properties, to increase productivity, and efficiency; and reduce costs.
  • Develop Paychex labor analysis and productivity reports to reduce payroll and other costs
  • Oversight of the review, approval, and processing of payroll including full knowledge of union agreements.
  • Verify and file monthly sales, occupancy, and other taxes, medical benefits, and insurance for hotel properties.
  • Understanding and compliance with all corporate and hotel contractual documents for all complex hotels.
  • Make sure that all statutory 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.
  • Perform credit card reconciliation on a daily basis and timely cash/bank deposits.
  • Supervision of staff accountants at all complex hotels. Communicate both verbally and in writing to provide clear direction to the Team.
  • Coordinate monthly credit meetings.
  • Oversight of the review, approval, and processing of disbursements.
  • Preparation of monthly forecasts annual budgets and monthly variance analysis for complex hotel properties.


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