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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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Vice President of Hotel Accounting jobs in Atlanta, GA, United States

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