JW Marriot Director of Accounting

Stonebridge Hospitality Associates•Atlanta, GA

4d•$120,000 - $130,000•Onsite

About The Position

The Director of Accounting role at JW Marriot in Atlanta, Georgia, is a full-time, exempt position reporting to the General Manager/Corporate Accounting. This role supervises the Property Accounting Department and is responsible for assisting the Property Accounting Team with both routine and critical risk mitigation functions. Key areas include Balance Sheet Reconciliations, Tax Audits, Accounts, Cash Management, Financial Statement Reviews, and Fixed Asset Accounting. The position also involves ensuring compliance with hotel-related contracts, updating Standard Operating Procedures, and reviewing retail accounting operations. A significant aspect of the role is optimizing portfolio value through risk mitigation and compliance monitoring, which involves conducting monthly compliance monitoring and analysis, presenting findings, and collaborating with various stakeholders to foster financial discipline and identify opportunities for automation and streamlining.

Requirements

Minimum 3-5 years of Hospitality Accounting/Financial experience preferred.
Solid understanding of Generally Accepted Accounting Principles (GAAP).
Excellent Microsoft Excel skillset.
Excellent management, relationship building, and leadership skills.
Highly responsive to internal and external customers.
Outstanding written and verbal communication skills.
Drive for continuous improvement in an Accounting and Service environment.
Minimum requirement Bachelors degree in Accounting/Finance.
Strong Accounting and Finance skills.

Nice To Haves

CPA strongly preferred.
M3 experience a plus.

Responsibilities

Assist Property Accounting Team by supporting both routine and critical risk mitigation functions specifically Balance Sheet Reconciliations, Tax Audits, Accounts, Cash Management, Financial Statement Reviews, and Fixed Asset Accounting.
Assist Property Accounting Team in determining and applying proper accounting treatment for both routine and complex transactions.
Assist the Accounting Team in the monthly Partnership Accounting and Reporting process.
Ensure compliance and proper application of hotel related contracts, including hotel management agreements and franchise agreements.
Update and maintain Standard Operating Procedures for Accounting.
Review the monthly Retail Accounting operations, including financial statements, annual budgets, and annual CAM reconciliations.
Optimize value for the portfolio of properties through risk mitigation and compliance monitoring efforts which lead to improved and consistent financial fundamentals for both the Accounting Team and the Properties as well as operating efficiencies.
Conduct a series of compliance monitoring and analysis activities on a monthly basis for all hotels and present concerns/trends in an organized fashion.
Conduct monthly meetings with the President, Chief Accounting Officer, Property Controller, and members of the Property Accounting Team to present trends, concerns, and suggestions.
Partner with the Accounting Team to enhance and perpetuate a culture of financial discipline.
Continuously looks for ways to automate and streamline accounting functions.
Other duties may be assigned as necessary.