Senior Accounting Manager

Water's Edge Resort and Spa•Westbrook, CT

9d•$78,000 - $92,000•Onsite

About The Position

Water’s Edge Resort and Spa is seeking an experienced hospitality accounting professional to serve as Accounting Manager on its finance team. The role oversees and performs day-to-day Accounting Department operations, including accounts payable, accounts receivable, cash management, reconciliations, and inventory. The Accounting Manager supports financial reporting and analysis for senior management and works collaboratively with leadership and departments to improve operational efficiency and achieve budgeted goals. The position is responsible for budgeting and forecasting, timely monthly financial statements for all entities, regulatory reporting, and financial updates based on appropriate metrics. It also develops and maintains financial controls, accounting policies, and procedures; ensures compliance with GAAP and regulatory requirements; safeguards company assets; and helps establish operational and financial benchmarks, budgets, monitoring, and reporting standards. The role requires understanding hospitality accounting functions such as cashiering and cash handling, billing and collections, accounts payable, and related IT requirements.

Requirements

Bachelor’s degree in accounting.
Five years of overall hospitality, accounting, and finance experience.
Experience creating financial statements and reconciling general ledger accounts.
Experience with general ledger functions and month-end and year-end close processes.
High-level knowledge of financial metrics, especially hospitality and resort metrics.
Proficiency with general computer applications, including spreadsheets and word processing.
Knowledge of Point of Sale systems, Property Management Systems, and SAGE accounting.
Ability to use oral and written communication techniques.
General knowledge of federal and state taxation.
Ability to manage staff.

Responsibilities

Manage and perform day-to-day Accounting Department operations as needed, including accounts payable, accounts receivable, cash management, reconciliations, and inventory.
Coordinate and direct preparation of the budget and financial forecasts.
Prepare and publish timely monthly financial statements for all entities.
Provide senior management with financial updates by evaluating, analyzing, and reporting appropriate metrics.
Develop, implement, and maintain financial controls and guidelines.
Support departments in achieving budgeted goals through timely analysis.
Help develop and support short- and long-term operational strategies.
Manage and monitor accounts, ledgers, and reporting systems to ensure compliance with GAAP standards and regulatory requirements.
Coordinate preparation of federal, state, and local regulatory reporting.
Maintain internal control safeguards over cash receipts and payment of expenses.
Work with management to establish financial and operating benchmarks, budgets, program monitoring, and reporting standards on a daily, monthly, and annual basis.
Implement consistent accounting policies, practices, and procedures across programs while staying knowledgeable about current and future guidance.
Develop, document, and enforce internal controls, processes, and policies to protect company assets.
Perform other duties as assigned.