Regional Director of Accounting

Hersha Hospitality Management LP•Camp Hill, PA

20h•Hybrid

About The Position

Manage and direct the accounting activities of decentralized properties with the main objective of preparing timely and accurate accounting records and financial statements for the managed properties in accordance with generally accepted accounting principles and established standards. Onboard new hotels and managers to HHM’s accounting functions and perform special projects for the Accounting management team.

Requirements

Bachelor’s degree in accounting or finance required.
Previous Supervisory experience.

Nice To Haves

Prior hotel experience preferred.

Responsibilities

Manage the activities of the regional accounting team to ensure the timely and accurate preparation of accounting records and financial statements for the managed properties.
Review and approval of property financial statements and monthly financial records (monthly packs).
Plan and organize the work of the regional accounting team, adjusting team priorities as needed to ensure all reporting deadlines are met.
Communicate both verbally and in writing to provide clear direction to property accountants.
Develop and implement procedures and necessary training to promote the efficient, effective and timely completion of accounting activities by property accountants.
Oversee the accounting and internal control functions of the regional accounting teams to ensure SOX compliance.
Assist accounting management team in the establishment, coordination and administration of internal control procedures/policies prescribed in the HHMLP Accounting Policies and Procedure Manual and the Narratives (HHMLP P&P’s).
Communicate with and provide training to the Operations team to assist with compliance of HHMLP P&P’s.
Assist with both internal and external audits to ensure complete, timely and accurate responses to information requests.
Develop and maintain relationships with internal and external customers.
Research and provide analysis and insight into financial trends, operational issues and variances to budgets and forecasts as needed by the Operations team.
Work closely with other Regional Accounting Managers, the Controller and the Vice President of Financial Services to ensure effective coordination of activities between Accounting and Operations and to ensure prompt service to the Operations team.
Perform special projects and other responsibilities as assigned.
Ensure compliance and satisfaction of all government, company, franchise and ownership requirements throughout job performance.
Perform other job related duties as assigned.