Senior Accounting Manager

Hersha Hospitality Management LP • New York, NY

5d

About The Position

Manage and guide property accounting processes within the portfolio, with the main objective of preparing timely and accurate financial statements in accordance with generally accepted accounting principles (GAAP) and established standards. Provide training to property accounting professionals to achieve highest level of financial compliance in regards to company accounting policies and procedures. Potential Career Path Property Assistant Director of Finance/Controller – Property Director of Finance/Controller – Regional Director of Accounting

Requirements

• Bachelor’s degree in accounting or finance required.
• Expertise in Solomon/BI360/BirchStreet with the ability to train others.
• Previous cash flow forecasting experience required.
• Experience administering web-based training preferred.
• Requires sitting for extended periods, use of hands and fingers to operate computers and keyboards.
• Occasional travel is necessary.

Responsibilities

• Review the monthly balance sheet packs of decentralized properties to ensure the timely and accurate preparation of accounting records and financial statements to review with the V.P. of Finance and then develop a standardized report of any issues or concerns to the property Controller/Director of Finance.
• Develop and implement procedures and necessary training to promote the efficient, effective and timely completion of accounting activities by decentralized property accountants.
• Perform on-site task force assignments during lapse of coverage within accounting teams. In addition support regional accounting teams as deemed necessary due to turnover/PTO.
• Handle day to day requests from property Controllers and on-property staff.
• Provide financial analysis as required for individual properties or hotel portfolios.
• Assist with hotel transitions in and out of the portfolio and on-boarding/training of property teams in accounting disciplines.
• Assist with both internal and external audits to ensure complete, timely and accurate responses to information requests.
• Work closely with Regional Directors of Accounting, Controllers and the Vice President of Financial Services to ensure effective coordination of activities between Accounting and Operations.
• Provide oversight of records management including organization and coordinate destruction of records as necessary.
• Ensure compliance and satisfaction of all government, company, franchise and ownership requirements throughout job performance.
• Practice safe work habits, wear protective safety equipment and follow MSDS and OSHA standards.
• Perform other job related duties as requested by management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level