Financial Accountant - Concord Hospitality Enterprises

Concord Hospitality Enterprises•Raleigh, NC

5d•$54,235 - $67,794•Hybrid

About The Position

The Financial Accountant plays a vital role in maintaining accurate and timely financial records for an assigned portfolio of properties. Reporting directly to the Senior Financial Accountant, the primary responsibilities involve daily bookkeeping functions, including the posting of journal entries, managing accruals, and performing reconciliations to ensure the integrity of each hotel's balance sheets are maintained. This role is responsible for ensuring that all entries are properly supported, reconciliations are accurately maintained, and documentation is organized for audit purposes. Responsibilities also include financial analysis or direct communication with property owners, but the main focus is on the operational accounting processes and procedures of the hotels. Hybrid or remote work potential.

Requirements

Prior hotel financial experience is preferred.

Nice To Haves

Prior hotel financial experience

Responsibilities

Take ownership of the day-to-day accounting for a portfolio of properties, ensuring the accuracy and integrity of the general ledger through timely journal entries and well-documented support.
Manage monthly accruals across key expense categories—including taxes, insurance, payroll, utilities, and fees—while maintaining organized, audit-ready documentation in line with corporate standards.
Complete regular bank and balance sheet reconciliations, resolving discrepancies promptly, and ensuring all accounts are supported each month.
Manage weekly cash positions, posting daily cash activity, and keeping financial records aligned and up to date.
Review P&L statements, support variance analysis, and identify trends or discrepancies.
Provide initial insights and collaborate with senior accounting leadership to strengthen analytical skills and contribute to financial decision-making.
Participate in financial review meetings, support audit preparation (including internal, SOC, and third-party audits), and assist with due diligence efforts related to property transitions such as acquisitions, sales, or refinancing.
Regularly review hotel ledger activity—including guest ledger, AR aging, and advance deposits—to identify and escalate issues in accordance with company policy.
Build strong working relationships by collaborating with operations leaders and participating in owner calls to understand expectations and communicate financial performance.
Identify process improvements, support implementation efforts with leadership, and help train team members on best practices that promote compliance, efficiency, and financial integrity.