Corporate Accounting Manager

2 weeks ago

Uniondale, New York, United States Blue Sky Hospitality Solutions Full time
Corporate Accounting Manager - Blue Sky Hospitality Solutions LLC

POSITION OVERVIEW:

The Corporate Accounting Manager is responsible for delivering precise, timely, and pertinent financial information to the Owners, General Manager, and other key stakeholders. This role also oversees the audit functions within the organization to ensure exceptional guest service and financial success.

KEY RESPONSIBILITIES:
  • Guarantee an optimal guest experience by addressing and resolving any billing-related issues.
  • Act as the finance department representative during daily meetings with department heads and the general manager.
  • Oversee all aspects of Accounts Payable, Receivable, and departmental budgeting.
  • Calculate and distribute employee wages and salaries accurately.
  • Generate regular reports and summaries detailing accounting activities.
  • Prepare financial statements and maintain records of debtors.
  • Verify recorded transactions and alert management to any discrepancies.
  • Guide the night audit team to ensure accurate revenue reporting.
  • Review all ledger details, including guest, city, and deposit ledgers, to confirm correct payment and revenue entries.
  • Coordinate with the PMS team to resolve any discrepancies found in the ledgers.
  • Monitor postings, payments, revenue, and guest balance reports daily.
  • Ensure appropriate taxation is applied across all billing systems, including Property Management Systems (PMS), Point of Sale (POS), and SPA software.
  • Review Accounts Receivable (A/R) Aging reports on a daily basis.
  • Follow up on outstanding payments 30 days post-invoice issuance.
  • Input invoices into the accounts payable system weekly, ensuring purchase orders are verified and approved by the General Manager.
  • Forecast cash flow and anticipate challenges arising from limited liquidity.
  • Ensure sufficient cash flow for business units to operate efficiently.
  • Maintain comprehensive files for contracts, insurance policies, tax reports, expenses, payroll, and more.
  • Manage the transfer of funds between bank accounts as necessary.
  • Conduct numerical analysis of data to derive conclusions and solutions.
  • Approve all Travel Agent commissions and process payments after verification.
  • Prepare financial reports and submissions for relevant governmental bodies.
  • Monitor and manage property inventories to maintain optimal levels without straining cash flows.
  • Prepare and present financial reports for meetings and stakeholders.
  • Effectively lead the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.
  • Recommend and uphold a system of policies and procedures that ensure adequate control over Finance Department activities.
QUALIFICATIONS:

Excellent verbal and written communication skills with substantial experience in accounting software. Proficiency in MS Office (Excel/Word) and familiarity with PMS systems is preferred.

EDUCATION:

CA (Chartered Accountant) or Bachelor's Degree in Finance or Accounting.

EXPERIENCE:

A minimum of 5 to 6 years of demonstrated accounting experience, preferably within the hospitality sector.

BENEFITS:
  • Health, Vision, and Dental Insurance
  • 401K

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