Manager, Hotel Finance & Accounting (Focused Service)

Sonesta Hotels•Orlando, FL

11d•$100,000 - $120,000•Hybrid

About The Position

We’re People People. Are you? We’re Sonesta International Hotels—the 8th largest hotel company in the U.S. (and growing fast 🚀). With a dynamic mix of full-service and focused hotels across major cities, our diverse portfolio of owned, managed, and franchised properties means we’re everywhere our guests need us to be. But here’s the thing—we’re not just in the business of hotels, we’re in the business of people. We bring service with passion, loyalty with purpose, and create experiences that genuinely connect—delivering quality, value, and memorable stays across 1,000+ properties in eight countries (and counting). What this role is all about The Manager is responsible for supervising the timely preparation of accurate balance sheet, income statements, forecasts and budgets for an assigned portfolio of limited service, extended stay and select full-service hotels. This position will oversee the work and approve journal entries prepared by a Senior Analyst while mentoring them on soft skills and how to resolve complex accounting and finance related inquiries and issues. This position will own the analytical review and property relationships for a portfolio of hotels. This is a hybrid role, with 3 days in our Newton, MA or Orlando, FL office and 2 days working remotely.

Requirements

5+ years of directly related experience working for hotels in a similar capacity
3+ years in a shared service setting supporting 7+ properties/entities
Bachelor’s Degree or equivalent work experience required
P&L analytical experience required
Full cycle accounting experience required
2+ years prior experience leading a team
Strong knowledge of Generally Accepted Accounting Principles (GAAP) with ability to research and recommend appropriate actions on complex scenarios
Strong knowledge of Uniform System of Accounts for the Lodging Industry (USALI) standards required
Perform work in a well-organized, self-directed manner with ability to solve complex problems
Ability to independently prioritize and manage multiple tasks, work both independently and in a team environment, and grasp concepts quickly
Ability to maintain strict adherence to confidentiality requirements
Strong organizational skills with attention to detail
Experience with accounting systems such as Sage, M3, MS Dynamics, Oracle, Workday or relevant system required
Experience in Opera PMS platform or similar
Strong data entry skills
Proven ability to work with complex Excel spreadsheets
Strong interpersonal, problem solving and planning skills
Prior experience leading, coaching and driving a successful team
Must be able to effectively communicate both verbally and written, with all levels of employees in an attentive, friendly, courteous and service-oriented manner
Must be able to multitask and prioritize departmental functions and employee needs to meet deadlines
Must be adaptable and lead in an environment of constant change

Nice To Haves

Masters degree
Forecast or other finance related activities preferred

Responsibilities

Provide oversight of the daily review of revenue reconciliation between the hotel PMS trial balance and the amounts in the financial system, and approve the respective revenue income journal entries in the General Ledger (GL)
Responsible for the timely issuance of complete and accurate monthly, quarterly and annual hotel financial statements with the assistance of a Senior Analyst
Approve journal postings in the GL prepared by a Senior Analyst to ensure they follow accurate GAAP and USALI guidelines
Conduct monthly P&L reviews with hotel teams as well as assist with monthly commentary regarding variances, having sufficient understanding to explain complex accounting scenarios to Operations personnel
Review balance sheet reconciliation workpapers prepared by a Senior Analyst for accuracy in support and reconciliation along with reviewing aged items for proper procedures
Prepare month-end, quarter-end, and year-end financial statements with assistance from a Senior Analyst
Prepare accurate forecasts, commentary and budgets with support from hotel onsite leadership team
Oversee and prepare specific variance reports to provide understanding of revenue or expense opportunities
Support the Hotel Finance & Accounting leadership team with financial audit activities as necessary
Work with the Hotel Finance & Accounting leadership team to implement and monitor controls and procedures related to period-end adjustments, financial reporting, etc.
Own and foster relationships with hotel personnel, while demonstrating expertise in investigating any material variances identified through monthly analysis, as well as assist with the explanation of accounting principles
Drive meetings as the subject matter expert (SME) with onsite hotel personnel to review checkbooks, labor standards, PO production and applicable P&L, forecast or budget related items
Support and mentor a Senior Analyst with development of professional and technical skills related to day-to-day accounting and financial reporting activities. Perform and manage additional special projects as needed.