Vice President of Hotel Accounting
Atlanta, GA, United States
What you will be doing The Vice President of Hotel Accounting is responsible for ensuring that Hospitality Ventures Management Group (HVMG) will lead a team of Regional Controllers and succesfully partner with HVMG Leadership and Hotel Owners/Investors. This includes the preparation of accurate and timely financial reports, ensuring appropriate controls are in place to safeguard assets, and utilizing efficient and effective processes at the hotels and within the corporate team.
Additional Responsibilities include:
Ensure that the needs of the owners/investors are fulfilled in a timely manner
Continually evaluate the effectiveness of operational procedures and controls to maximize departmental productivity and minimize errors made by staff
Responsible for ensuring accounting team is adhering to internal controls
Review financial results for all properties for completeness
Assist in organizing and managing information for the annual external audits for owners
Manage the HVM close process to include P&L, BS, etc. as well as budgets/forecasts
Oversee the companywide SOP process; identify additional SOPs; update existing SOPs on a regular basis
Provide annual review of sales, use, occupancy and franchise taxes for all properties, including rates, collections and reporting
Income tax liaison, acting as primary contact for all Federal/State/Local tax audits
Team Leader in the accounting/financial reporting area and responsible for the hiring, supervising and evaluating all personnel that report to this position
Review balance sheet reconciliations for all properties
Consolidation of Financial Statements
Oversee Accounts Payable, Accounts Receivable, and Sales/Use Tax Processing.
Handling of Property Insurance
Handing of Real Estate Taxes
Month-End Accounting Close Process
Cash Management & Cash Flow Forecasting
Communicate/Analyze/Explain Financial Results internally and to Investors & Lenders (verbally and in writing)
Spot and recommend cost containment possibilities
Preparation of labor and staffing models/guides for the hotels
Prepare Detailed Budgets, Pro Forma’s and other Models
Implement and execute accounting controls, processes and procedures
Work directly with outside independent accountants/auditors/tax preparers
Point person for handling all major accounting technology/software
Education & Experience Requirements: Education:
Bachelor’s Degree from a four-year college or university with a degree in business required, preferably in finance or accounting or equivalent combination of education and experience. CPA strongly preferred.
Experience:
10-15 years experience and demonstrated expertise in financial reporting, cash management, fixed asset accounting, taxes
Multi-Unit, Multi-Owner Hotel Experience, Highly Preferred.
Experience managing a staff of 5 or more.
Demonstrated ability in Strategic Agility, Problem Solving, Priority Setting and Planning, and Delegation
Strong communication skills, strategic agility, process engineering and people management.
Experience with M-3, Sage Intacct, Profit Sword Suite, and Hotel Effectiveness.
Extensive knowledge of financial statement preparation, accounts payable, payroll, and income audit back of house hospitality systems.
Strong oral and written communication skills.
Proficient in Microsoft Office Applications.
Strong knowledge of Generally Accepted Accounting Principles
Benefits
Comprehensive Benefits Package (Health, Dental, Vision, and More!
9 Paid Holidays
Vacations/Sick/Personal Days
401(k) with Guaranteed 4% Match
Hotel and F&B Discounts
Career Development/Training Opportunities/Growth
An Equal Opportunity Employer - We provide equal opportunity without regard to race, color, national origin, religion, sex, age, marital status, or disability. Source: Hospitality Ventures Management Group
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