Regional Accounting Manager

Hersha Hospitality Management LP•Camp Hill, PA
•Hybrid

About The Position

Manage and direct accounting activities to ensure timely and accurate accounting records and financial statements for managed properties in accordance with generally accepted accounting principles and established standards. The role includes onboarding new hotels and managers to HHM’s accounting functions and completing special projects for the Accounting management team. The Regional Accounting Manager oversees property accounting teams, develops procedures and provides onsite training, reviews and approves property financial statements and monthly records, and serves as a liaison among internal audit, property management, and HHM Accounting management. The role also supports policy compliance, financial analysis, audits, internal controls, SOX compliance, and coordination between Accounting and Operations. Ensure compliance with government, company, franchise, and ownership requirements and perform other assigned duties.

Requirements

  • Bachelor’s degree in accounting or finance.
  • Previous supervisory experience.

Nice To Haves

  • Prior hotel experience preferred.

Responsibilities

  • Oversee accounting team members to ensure timely and accurate preparation of accounting records and financial statements for managed properties.
  • Develop and implement procedures and provide onsite training to promote efficient, effective, and timely completion of accounting activities by property accountants.
  • Review and approve property financial statements and monthly financial records (monthly packs).
  • Act as the primary liaison between internal audit, property management, and the HHM Accounting management team to address control issues and process improvements.
  • Communicate with and train the Operations team to support compliance with HHMLP policies and procedures.
  • Research and provide analysis and insight into financial trends, operational issues, and variances to budgets and forecasts.
  • Coordinate activities between Accounting and Operations with other Regional Accounting Managers and the Vice President of Financial Services.
  • Provide clear verbal and written direction to property accountants.
  • Oversee accounting and internal control functions of decentralized hotel accounting teams to ensure SOX compliance.
  • Assist the Accounting management team in establishing, coordinating, and administering internal control procedures and policies prescribed in the HHMLP Accounting Policies and Procedure Manual and Narratives.
  • Assist with internal and external audits and provide complete, timely, and accurate responses to information requests.
  • Develop and maintain relationships with internal and external customers.
  • Perform special projects and other assigned responsibilities and job-related duties.
  • Ensure compliance with and satisfaction of government, company, franchise, and ownership requirements.

Benefits

  • Medical, dental, and vision health insurance
  • Paid time off
  • 401(k) company match
  • Free basic life insurance
  • Travel discounts
  • Commuter transit and commuter parking benefits
  • Employee assistance and wellness program
  • Hybrid work options
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