Accounting Manager, bilingual Korean

Cesna Recruitment•Irvine, CA

About The Position

The Accounting Manager leads the centralized financial functions for our hotel and restaurant portfolio. This role is responsible for maintaining the integrity of the General Ledger in accordance with GAAP, managing corporate liquidity and treasury functions, and driving the annual budgeting and variance analysis processes. You will act as a strategic partner to unit-level General Managers and Chefs by translating complex financial data into actionable operational insights.

Requirements

10 years or more experience in accountancy
Ability to analyze complex financial information and produce reports
A minimum of 3 years’ experience of preparing management accounts, budgets and cash flow forecasts
Experience of computerized accounting packages
Expert-level MS Excel (Data modeling)
QuickBooks
Margin Edge
SpotOn
Minimum 5 years or more experience of supervising staff
Good interpersonal skills

Nice To Haves

Bilingual (Korean/English) is a strong plus

Responsibilities

Lead the month-end and year-end closing process for multiple entities, ensuring all financial statements adhere to GAAP and industry standards (USALI/USAR).
Manage complex hospitality-specific accounting, including ASC 842 (Lease Accounting), deferred revenue (gift cards/deposits), and accrual-based reporting for high-turnover inventory.
Establish and audit standard operating procedures (SOPs) for cash handling, tip pooling, and revenue reconciliation across all locations.
Develop and maintain a 13-week rolling cash flow forecast to ensure adequate funding for payroll, vendor payments, and debt service.
Manage funding of Capital Expenditure projects (renovations and equipment).
Facilitate the bottom-up annual budgeting process, collaborating with department heads to set realistic revenue and expense targets.
Produce monthly "deep-dive" variance reports, identifying the root cause of discrepancies.
Adjust quarterly forecasts based on seasonal trends, occupancy shifts, or changes in food commodity pricing.
Monitor consolidated Food & Beverage (F&B) costs and Labor percentages across the portfolio to identify outliers.
Ensure timely and accurate filing of sales tax, occupancy tax, and property tax (Form 571-L).
Manage centralized Accounts Payable (AP) to leverage bulk-purchasing power and oversee complex, payroll/tip-credit compliance.
Serve as the primary point of contact for external auditors, managing the PBC (Prepared by Client) list and ensuring all supporting documentation is technically sound and organized.
Conduct deep-dive balance sheet and P&L variance analysis (Actual vs. Budget and YoY) to explain financial trends to stakeholders.
Implement and monitor internal control frameworks (SOX-light) regarding cash handling, tip pooling, and procurement-to-pay processes.