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Lead Corporate Accounting Specialist
2 months ago
As a rapidly expanding, privately owned hotel management organization, we oversee 26 select service properties across California, featuring brands such as Marriott, Hilton, IHG, Best Western, and Choice.
This pivotal position will collaborate closely with both the Corporate Finance Team and the Executive Team, addressing accounting and financial needs for each property. The goal is to provide financial guidance and technical expertise to enhance profitability and protect hotel assets.
Key ResponsibilitiesThe primary duties of the Senior Corporate Accountant include:
- Providing daily training and mentorship to the Accounting Team.
- Acting as a financial advisor, offering insights on the financial implications of business decisions to management across all segments.
- Ensuring adherence to hotel and accounting policies, legal standards, and contractual commitments through internal controls and auditing procedures.
- Facilitating the training of accounting department personnel in line with established goals and procedures.
- Managing Gross Receipts, Business Taxes, and the preparation and filing of 1099-Misc forms.
- Assisting in the annual tax preparation for hotel and development entities.
- Overseeing financial reporting for development entities.
- Handling external reporting to lenders and investors on a quarterly basis.
- Generating ad-hoc financial reports as required.
- Preparing accurate and timely monthly financial statements, including accruals, account reconciliations, and variance analyses.
- Ensuring the precision of monthly/quarterly sales, use, and occupancy taxes, addressing any discrepancies.
- Preparing and reviewing budgets, forecasts, operating results, and ensuring compliance with sales and related tax regulations.
- Maintaining compliance with all applicable local, state, and federal laws.
- Responding to inquiries from properties, vendors, ownership, or management, conducting necessary research to provide accurate information.
- Overseeing the installation and maintenance of accounting software systems.
- Conducting periodic audits of budget items, comparing theoretical expenses to actual figures.
- Continuously evaluating internal accounting processes for accuracy and efficiency.
QualificationsThe essential qualifications for this role include:
- Experience in budgeting, forecasting, profit and loss reporting, and managing ledgers for operating and balance sheet accounts.
- Proven leadership experience overseeing multiple properties or entities.
- Strong analytical skills for numerical data evaluation and solution formulation.
- Ability to logically define problems, gather information, and draw valid conclusions.
- Effective communication skills, both written and verbal, with the ability to present complex technical subjects clearly.
- Proficiency in Microsoft Office, particularly Excel; experience with M3 is advantageous.
- Willingness to undertake additional duties and special projects as assigned by Corporate Controllers and Excel Hotel Management.
What We Offer
- A comprehensive compensation and benefits package, including medical, dental, vision, voluntary life products, a 401K plan with company matching, Paid Time Off, and employee room discounts nationwide.
