Director of Hotel Accounting

Director of Hotel Accounting

Posted May 3, 2022

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The Director of Hotel Accounting (Centralized Services) is responsible for assisting in supervising an accounting team of approximately 8 employees and is responsible for overseeing the accounting function for approximately 20-30 select service hotels. Successful individual will need a strong background in centralized accounting, have a strong understanding of select service/focused service accounting processes, be able to implement policies and practices to streamline processes and maximize efficiencies.

Key Duties & Responsibilities

  • Responsible for the centralized accounting team, providing ongoing training, supervision, and performance feedback.
  • Responsible for the team’s completion of the monthly closing process to ensure reporting deadlines are met as required by the corporate office and management agreements.
  • Responsible for the team’s completion of cash disbursements and reconciliations.
  • Responsible for the team’s completion of all balance sheet reconciliations, including periodic reviews.
  • Responsible for the team’s timely completion of all reports required by regulatory agencies.
  • Responsible for conducting semi-annual office audits to maintain a strong internal controls and ensure compliance.
  • Responsible for ensuring successful internal audit, external audits, and SOX compliance.
  • Responsible for maintaining excellent relations with ownership groups, corporate office, hotel staff, and outside firms/vendors
  • Responsible for attending ownership meetings as required.
  • Must be able to balance accounting knowledge with effective leadership skills in strategic planning regarding staff, process improvements, and system enhancements.
  • Assist Vice President of Hotel Accounting & Finance, Vice President of Centralized Accounting and Chief Operating Officer in short- and long-term strategy planning to assist hotels in achieving budgeted results.
  • Responsible in aiding the General Managers in forecasting and budgeting.
  • Review analysis of accounting activities, costs, operations, and forecast data in relation to property and company goals.
  • Responsible for directly performing duties of team members when required due to vacancy or extended leaves.

Education/ Experience:

  • Bachelor’s degree in Accounting or Finance required
  • 3-5 years’ experience in the hospitality industry in a centralized accounting environment as a Director or in an Area position with oversight of a team

Other Requirements

  • Proficiency with Microsoft Office programs and other applicable programs
  • Proven administrative and leadership skills
  • Effective oral and written communication skills
  • The ability to perform multiple tasks and maintain flexibility with priorities
  • Proficiency in training, coaching, and counseling abilities
  • Proven ability to manage resources effectively
  • Proven ability to effectively identify and solve problems within specified time constraints
  • Demonstrated proficiency to objectively analyze and prioritize complex challenges
  • Excellent interpersonal and communication skills are required along with a demonstrated ability to handle multiple projects and responsibilities.
  • Knowledgeable with current hospitality accounting procedures and GAAP
  • Ability in building strong relationships with other disciplines throughout the company
  • Knowledge of Sarbanes-Oxley
  • Ability to work with minimal direct supervision
  • Ability to present information and respond to questions from all stakeholders
  • Exceptional time management skills and ability to multi-task
  • Position based in Fairfax, VA
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