Income Audit Manager

Loews Hotels
3d

About The Position

Loews Hotels & Co is a leading owner and operator of luxury hotels with a portfolio consisting of 26 hotels and resorts in the United States. Located in major city centers and resort destinations from coast to coast, the Loews portfolio features one-of-a-kind properties that go beyond Four Diamond standards and embrace their “uniquely local” community in order to curate exciting, approachable and local travel experiences for guests. Who We Are: Founded in 1960, Loews Hotels & Co. operates iconic hotels and resorts across the U.S. and Canada. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations. Growth and belonging start here; you’ll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role—from Guest Services to Finance, Culinary to IT—offers opportunities to grow and make a meaningful impact. Creating a Team Member experience where you belong no matter what race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us. What We Offer: Competitive health & wellness benefits, 401(k) & company match Paid Sick Days, Vacation, and Holidays, Paid Bereavement Pet Insurance and Paid Pet Bereavement Training & Development opportunities, career growth Tuition Reimbursement Team Member Hotel Rates, other discounts, perks and more What We’re Looking For: The Income Audit Manager provides leadership in a high-volume hospitality finance environment, supporting a diverse portfolio of hotel properties across North America. This role oversees the daily income audit process, ensuring accurate revenue reporting, compliance with financial controls, and timely reconciliation of all revenue streams including rooms, food & beverage, and ancillary services. This leader manages a dynamic team responsible for auditing daily transactions, preparing revenue reports, and maintaining integrity in financial data. Driving the team’s achievement of daily, weekly, and monthly performance metrics while upholding service excellence is critical. The Income Audit Manager reports to the Associate Director, Accounting Services. Who You Are: A result driven professional who inspires the accounting services team. Someone with the ability to maintain confidentiality Communicate effectively, maintain compose, and make decisions in stressful situations Organized, adaptable, and able to deliver under pressure of deadlines Intermediate to advanced Excel knowledge Strong computer skills and general knowledge of mathematics and accounting principles. What You Will Do: Oversee daily income audit processes for multiple hotel properties. Ensures proper internal controls are in place and monitored through monthly self-testing. Ensures daily Revenue reporting is timely, and accurate. Ensures daily & weekly revenue reporting are issued timely and accurately. Ensures monthly balance sheet reconciliations are timely, compliant, and accurate. Ensures month end close is performed timely, compliant, and accurate. Provides training to new hires on Loews policies and controls. Supports management with new implementations and improvement programs as necessary. Provides feedback to Accounting Coordinators based on monthly performance metrics. Prepares quarterly and annual reporting for corporate stakeholders. May be required to work varying schedules to reflect business needs Required to attend all training sessions and meetings Upholds all company and industry standards pertaining to PCI compliance, guest/financial/payroll confidentiality and accounting best practices. Other duties as assigned Your Experience Includes: 3-5 years of accounting experience required Bachelor's degree in accounting or equivalent required Hospitality finance experience preferred Previous management experience preferred Who You’ll Supervise: Income Audit Supervisor Accounting Coordinator (5) Headquartered in New York City, Loews Hotels & Co is rooted in deep heritage in the hotel industry and excellence in service. As one of the only independently owned family hotel companies, we know that hospitality comes from the heart. Loews Hotels & Co owns and operates hotels and resorts across the U.S. and Canada. Located in major city centers and resort destinations, including multiple hotels in partnership with Universal Orlando Resort, Loews Hotels & Co features properties grounded in family heritage and dedicated to delivering unscripted guest moments, all with a locally handcrafted approach. We pride ourselves on the individuality and uniqueness of our offering. Joining Loews Hotels & Co means not just gaining a job, it means becoming a part of a family. A family where Team Member growth and empowerment are part of our DNA and have been for decades. We offer progressive benefits including paid parental leave, 401K matching and travel benefits, and opportunities for ongoing learning and development. But beyond that, as a member of the Loews Hotels family, you are part of a culture of diversity and inclusion, one that works hard to protect our environment with eco-friendly and sustainability programs, and one that is always a good neighbor to their communities, supporting them in ways large and small. We welcome you to join us. Loews Hotels & Co is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state or local laws and ordinances.

Requirements

  • 3-5 years of accounting experience required
  • Bachelor's degree in accounting or equivalent required
  • Intermediate to advanced Excel knowledge
  • Strong computer skills and general knowledge of mathematics and accounting principles.
  • Ability to maintain confidentiality
  • Communicate effectively, maintain compose, and make decisions in stressful situations
  • Organized, adaptable, and able to deliver under pressure of deadlines

Nice To Haves

  • Hospitality finance experience preferred
  • Previous management experience preferred

Responsibilities

  • Oversee daily income audit processes for multiple hotel properties.
  • Ensures proper internal controls are in place and monitored through monthly self-testing.
  • Ensures daily Revenue reporting is timely, and accurate.
  • Ensures daily & weekly revenue reporting are issued timely and accurately.
  • Ensures monthly balance sheet reconciliations are timely, compliant, and accurate.
  • Ensures month end close is performed timely, compliant, and accurate.
  • Provides training to new hires on Loews policies and controls.
  • Supports management with new implementations and improvement programs as necessary.
  • Provides feedback to Accounting Coordinators based on monthly performance metrics.
  • Prepares quarterly and annual reporting for corporate stakeholders.
  • May be required to work varying schedules to reflect business needs
  • Required to attend all training sessions and meetings
  • Upholds all company and industry standards pertaining to PCI compliance, guest/financial/payroll confidentiality and accounting best practices.
  • Other duties as assigned

Benefits

  • Competitive health & wellness benefits
  • 401(k) & company match
  • Paid Sick Days, Vacation, and Holidays
  • Paid Bereavement
  • Pet Insurance and Paid Pet Bereavement
  • Training & Development opportunities, career growth
  • Tuition Reimbursement
  • Team Member Hotel Rates, other discounts, perks and more
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service