Senior Property Accountant
About The Position
Senior Property Accountant – Job Description Summit Hotel Properties, Inc. is a leading publicly traded lodging real estate investment trust built on the belief that exceptional performance stems from our core values of passion, integrity, and excellence. Recognized for operational excellence, long-term asset performance, and a collaborative, people-first culture, we empower our team members to make meaningful contributions, think creatively, and drive continuous improvements across our portfolio. Position Overview The senior property accountant works under the direction of the property accounting manager on all property accounting functions of a publicly traded hospitality REIT. The ideal candidate is a self-motivated, hands-on accountant with 4+ years of experience and a control focused approach, attention to detail, strong organizational skills, the ability to prioritize and multi-task, and the ability to work collaboratively in a team environment.
Requirements
- Minimum of a Bachelor’s Degree in Accounting from an accredited university
- Minimum of 4 years of relevant accounting experience
- Extensive account reconciliation experience
- Strong Microsoft Office skills, especially working with Excel spreadsheets
- Excellent organizational and communication skills, with a forward thinking ‘can-do’ attitude
- Analytical, attention to detail and problem-solving skills
- Ability to multitask and a team focused approach
Nice To Haves
- Audit experience preferred
- Public company experience preferred
Responsibilities
- Proactively manage communication with property managers and asset managers to ensure a thorough understanding of property financials and upcoming changes
- Review monthly property trial balances, map general ledger accounts, and record account activity in the general ledger
- Reconcile property trial balances to general ledger account balances.
- Participate in the budgeting and forecasting process with responsibility for analyzing variances and providing concise explanations
- Perform account reconciliations related to property accounting including intercompany account reconciliations
- Prepare accounting journal entries related to non-recurring transactions and month end close
- Execution of fixed asset accounting (GAAP and tax) including additions, disposals and depreciation
- Review fixed asset purchases for proper capitalization and approval
- Coordinate and reconcile with property managers fixed asset purchases account
- Assist with quarterly tie out process of SEC filed reports
- Increase productivity by developing automated applications, eliminating duplications, coordinating information requirements
- Ensure financial records are maintained in compliance with GAAP
- Ensure accurate and timely monthly, quarterly, and year-end closings
- Coordinate with external auditors, tax preparers, and other accounting and finance related professionals
- Complete adequately designed and appropriately executed controls to comply with Section 404 (SOX) requirements
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
