Accounting Manager

Ace Hotel New York • New York, NY

5d • $70,000 - $75,000

About The Position

The Accounting Manager provides leadership in the hotel’s financial operations, offering management guidance and training. The role focuses on profitability, accurate and timely financial reporting, appropriate internal controls, regulatory compliance, and safeguarding owner and investor assets. The position oversees financial reporting, budgeting and forecasting, cash flow, audits, accounting controls, and the development and supervision of staff.

Requirements

• At least 6 years of related progressive experience in hotel accounting or a related field; or a four-year college degree with an accounting or finance concentration and at least 2 years of related progressive experience; or a two-year college degree and at least 4 years of related progressive experience.
• Proficiency with Windows, company-approved spreadsheets and word-processing software, and hotel-specific systems.
• Effective verbal and written communication with employees and guests at all levels.
• Ability to listen to, understand, and clarify concerns raised by employees and guests.
• Ability to multitask and prioritize departmental functions to meet deadlines.
• Ability to handle problems by anticipating, preventing, identifying, and solving them.
• Ability to understand and evaluate complex information and data from various sources.
• Ability to maintain confidentiality.
• Maintain regular attendance as required by the hotel’s scheduling needs.
• Maintain high standards of personal appearance and grooming, including wearing a nametag.
• Attend required hotel meetings and training, and participate in Manager on Duty coverage as required.
• Maintain a warm, attentive, friendly, courteous, and service-oriented demeanor with guests and employees.
• Comply with Highgate Hotel standards and regulations and contribute to productivity and solutions for problem areas.

Responsibilities

• Manage and communicate cash-flow matters, including preparing monthly financial statements and managing receivables, payables, cash balances, control mechanisms, and timely deposits.
• Monitor hotel revenues and expenses and ensure accurate recording in accordance with Highgate Hotels’ guidelines; monitor and control cash flow and operating forecasts.
• Prepare annual budgets and monthly variance analyses, investigate variances against budget or prior year, and recommend practical improvements to management.
• Ensure compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management with enforcement.
• Analyze financial data and operations to advise management on meeting the hotels’ financial objectives.
• Follow standard accounting policies, procedures, and internal controls for finance and accounting operations.
• Review and approve balance sheet accounts, monthly bank reconciliations, and general ledger account reconciliations in a timely manner.
• Establish and audit internal financial controls covering purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
• Coordinate internal and external financial audits, work with CPA firms, and provide requested information to auditors on time.
• Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
• Maintain compliance with Highgate Hotels’ standards and regulations to support safe and efficient hotel operations.
• Direct or prepare financial reports in accordance with Highgate Hotels’ requirements and deadlines.
• Prepare or oversee weekly A/R and A/P aging, flash reports, payroll reports, and revenue updates; monthly financial statements, forecasting key statistics reports, and cash-flow reports; and annual budgets, five-year plans, and five-year capital plans.
• Interact with Executive Committee members to ensure property operations remain on track and under control.
• Monitor compliance with report deadlines and due dates and respond as needed.
• Monitor the accurate production of the hotel’s daily operating report.
• Complete other assigned projects, responsibilities, and duties requested by management.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Short-term and long-term disability insurance
• 401(k) retirement plan with employer matching contributions
• Paid holidays
• Paid vacation
• Paid sick leave in accordance with applicable law
• Employee assistance program
• Educational opportunities and tuition reimbursement
• Paid jury duty leave, personal leave, medical leave, and military leave in accordance with applicable law
• Location-specific paid holiday, vacation, and sick-leave provisions for employees in Washington, Colorado, and California

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed