Director, Real Estate Accounting
About The Position
This position leads the Real Estate Accounting team in order to support the Company's real estate and brand development efforts, which includes developing and operating hotel properties with the Company's brand names. This position will lead a team of Real Estate Accounting professionals and collaborate with the Company's real estate investment and asset management (REIAM), treasury, accounts payable, tax, other accounting and financial reporting teams, and third-party hotel management companies and construction and development companies. This position leads the Real Estate Accounting team to support the Company's real estate and brand development efforts, including the development and operation of hotel properties. The role oversees accounting and financial reporting across the full real estate lifecycle-from construction and development to operations. The Senior Manager will collaborate cross-functionally with internal teams and external partners, ensuring compliance with accounting standards and delivering high-quality financial insights. This position manages a team of three and reports directly to the Chief Accounting Officer.
Requirements
- 5-8 years of progressive accounting and financial reporting experience in public accounting, real estate, or hospitality.
- Prior experience managing a team is required.
- Proficiency in U.S. GAAP; familiarity with USALI preferred.
- Experience with Oracle Fusion Cloud ERP/EPM or similar large ERP systems.
- Strong analytical and problem-solving skills.
- Excellent interpersonal and communication abilities.
- Ability to manage multiple projects with accuracy and efficiency.
- Commitment to continuous improvement and operational excellence.
- Bachelor's Degree in Accounting or a related financial discipline, or equivalent combination of education and work experience.
Nice To Haves
- CPA license preferred.
Responsibilities
- Lead and mentor the Real Estate Accounting team to execute accounting and financial reporting for owned hotel properties.
- Oversee monthly, quarterly, and annual financial close processes for wholly-owned and joint venture hotel properties.
- Review and approve journal entries and financial packages from third-party hotel management companies.
- Ensure audit readiness and liaise with Internal Audit and external auditors.
- Maintain compliance with U.S. GAAP and USALI standards; support adoption of new accounting guidance.
- Interpret and ensure compliance with legal agreements including joint ventures and loan agreements.
- Review construction and development draws and coordinate ledger entries with Treasury and Corporate Accounting.
- Prepare and present ad-hoc financial analyses to executives and stakeholders.
- Support SEC reporting through preparation and review of Forms 10-Q/10-K footnotes.
- Participate in cross-functional initiatives and business development projects.
- Conduct performance evaluations and provide coaching and development to team members.
Benefits
- Competitive compensation and benefits, including medical, dental, and vision coverage
- Leave and paid time-off for holidays, vacation, personal, family, volunteer, sick, jury duty, bereavement, military, and religious observance
- Financial benefits for retirement and health savings
- Employee recognition programs
- Discounts at Choice hotels worldwide
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Industry
Accommodation
