Director of Hotel Accounting
3 days ago
The Director of Hotel Accounting functions as the property's strategic financial business leader; implements and monitors effective controls and procedures, prepares accurate and prompt reports and analysis, and provides advice and input on financial decisions impacting the hotel. Additionally, the Director of Hotel Accounting reports directly to the Vice President of Hotel Accounting or Senior Director of Hotel Accounting for technical and financial matters. Works directly with the General Manager and other Executive Committee members on operational issues and ensures financial goals of the hotels are met.
- Plan, direct and implement strategies that allow the accurate, timely and objective reporting of financial data
- Create and maintain sound internal control systems to protect company assets
- Direct preparation of annual budgets, monthly forecasts; monthly, quarterly, and annual reports to summarize and forecast hotel revenues, expenses, and earnings
- Address financial inquires with ownership
- Ensure the financial impact of all business decisions is properly addressed wherever applicable
- Oversees internal, external, and regulatory OPR audit process
- Prepare reports required by regulatory agencies
- Ensures the P&L is accurate (e.g., cost are properly matched to revenue, cost are recorded in the proper accounts)
- Demonstrate an understanding of cash flow and manage property working capital
- Improves profit growth in operating departments
- Hire, train, evaluate and counsel accounting team members
Requirements:
- Bachelor's degree in finance and accounting or related major
Certifications/Technical Skills - Strong computer skills in Microsoft Suite, especially Microsoft Excel
- Knowledge or past experience in Oracle desired
- Minimum 4 years' experience leading hotel accounting functions
- Strong business communication skills verbal and written
- Knowledge of federal, state, and local employment laws and regulations
- High work ethic and self-initiative
- Ability to maintain calm and professional demeanor in sometimes high-pressure situations
- Must possess basic computational ability, to accurately produce required reports
- Focus and maintain attention to multiple tasks in a short time, and complete work assignments within deadline demands, despite interruptions at times
- Ability to maintain excellent relationships with staff
- Ability to maintain staff and guest confidentiality
- Some travel may be required. May be required to work varying schedules to reflect the business needs of the property.
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