Assistant Controller

Hersha Hospitality Management LP•Lake Placid, NY

About The Position

The Assistant Controller oversees and performs hotel accounting functions and manages accounting personnel to ensure consistent compliance with accounting standards and regulations. The role plans and organizes the hotel accounting team’s work, supports timely financial reporting, reviews reconciliations and financial statements, and provides financial analysis and insight. The position may also assist with human resources needs when requested by management and performs other duties as assigned.

Requirements

  • Associate or bachelor’s degree in accounting or a related field preferred.
  • Previous accounting experience in the hospitality industry preferred.
  • Working knowledge of Microsoft Office applications, including advanced Excel skills.

Nice To Haves

  • Associate or bachelor’s degree in accounting or a related field.
  • Previous accounting experience in the hospitality industry.

Responsibilities

  • Interview, select, train, schedule, coach, and support associates, ensuring they follow established brand or hotel standards and HHM core values.
  • Plan and organize the hotel accounting team’s work, adjusting priorities as needed to meet reporting deadlines.
  • Review ledger account reconciliations, including bank statements, assets, liabilities, and credit cards.
  • Oversee internal audit standards.
  • Review invoices for goods and services and sign disbursement checks.
  • Monitor coding of cash receipts.
  • Prepare monthly utility and telephone accruals.
  • Coordinate and review monthly financial statements for accuracy.
  • Research and provide analysis and insight into financial trends, statistical ratios, variances, budgeting, and forecasting.
  • Administer house banks and conduct audits.
  • Coordinate with the corporate accounting department to monitor payroll functions.
  • Monitor inventory records to control the accuracy of supply distribution.
  • Review tax returns for compliance with state and federal regulations.
  • Prepare annual depreciation schedules for furniture, equipment, building supplies, revisions, and alterations.
  • Assist with human resources needs when requested by management.
  • Follow sustainability guidelines and practices related to HHM’s EarthView program.
  • Practice safe work habits, wear protective safety equipment, and follow MSDS and OSHA standards.
  • Perform other duties as requested by management.
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