VP of Accounting | PM Hotel Group

PM New•Chevy Chase Village, MD

7d•$175,000 - $200,000

About The Position

Are you a seasoned finance leader with a passion for hospitality? PM Hotel Group is looking for an experienced Vice President of Accounting to join our team! This is an incredible opportunity for a dynamic professional with a strong background in hotel accounting and multi-property, nationwide management. If you're ready to lead a high-performing team in a fast-paced, growth-oriented environment, we want to hear from you! PM Hotel Group is a Top-15 hotel management company with a diverse portfolio that includes luxury, full and select service hotels across the country. Celebrating a culture committed to respect, teamwork and entrepreneurial spirit, at PM Hotel Group we encourage all our associates to express themselves and their talents in their own way. Our people-first mentality is a central part of our corporate DNA. The Vice President of Accounting will oversee all financial, accounting operations and payroll for PM Hotel Group, a leading hotel management company with 90 hotels under management or in development in 22 states. This role will manage financial reporting, compliance, budgeting, forecasting, and operational controls across multiple hotel properties. The VP of Accounting will provide strategic leadership, ensuring accurate and timely financial reporting while aligning financial practices with company objectives. This is a senior executive role, and the VP will work closely with the CFO and other department leaders to drive profitability, growth, and operational efficiency.

Requirements

Bachelor's degree in Accounting, Finance, or a related field preferred.
Minimum of 10 years of progressive experience in accounting, with at least 5 years in a senior leadership role in a hotel management or hospitality company.
Strong background in managing large-scale accounting operations, financial reporting, and multi-property financials.
Proven experience in strategic financial planning, budgeting, forecasting, and analysis.
Familiarity with hospitality industry financials, cost controls, and operational challenges.
Strong leadership, communication, and interpersonal skills with the ability to work with senior executives, department heads, and external partners.
Advanced proficiency in software platforms that manage accounting processes, payroll, purchasing and business intelligence.
In-depth knowledge of GAAP, tax laws, financial regulations, and industry best practices.
Ability to manage multiple priorities, adapt to changing business needs, and meet deadlines in a fast-paced environment.

Nice To Haves

CPA (Certified Public Accountant) or CMA (Certified Management Accountant) designation preferred.

Responsibilities

Strategic Financial Leadership : Lead and direct the accounting team in developing financial strategies, processes, and systems to support the company’s goals.
Ensure that accounting policies and procedures are in compliance with GAAP and hospitality industry standards.
Provide strategic advice to the CFO and executive leadership on key financial matters, including cash flow management, cost controls, and profit optimization.
Financial Reporting & Analysis : Oversee the preparation and analysis of monthly, quarterly, and annual financial statements for all hotel properties.
Manage aggregation of financial information from various entities, ensuring accuracy and completeness.
Present financial results and insights to the executive team, hotel ownership, and other stakeholders as required.
Monitor the key performance indicators (KPIs) and financial metrics to track the company’s performance.
Budgeting & Forecasting : Lead the preparation of annual budgets for all hotel properties.
Work closely with department heads to provide accurate forecasting and track performance against financial goals.
Advise on areas for cost reduction and revenue enhancement based on financial analysis.
Team Management & Development : Manage and mentor a team of accounting and payroll professionals, fostering a culture of accountability and excellence.
Conduct performance evaluations and provide development opportunities for associates.
Lead training efforts to ensure the team stays current with accounting best practices, tax laws, and industry standards.
Internal Controls & Compliance : Establish and enforce internal controls to safeguard company assets and ensure compliance with regulatory requirements.
Oversee internal audits and external audits, ensuring timely resolution of any issues identified.
Monitor and manage tax compliance, ensuring accurate and timely filing of corporate, property, and other tax returns.
Payroll Strategy and Oversight: Develop and implement payroll policies and procedures that align with the company’s financial strategy and compliance requirements.
Ensure that payroll processes are efficient, accurate, and scalable as the company grows.
Ensure that payroll is in compliance with federal, state, and local tax laws, as well as federal, state and local labor laws, including wage and hour regulations.
Technology & Process Improvements : Evaluate and implement accounting software and technologies to improve accuracy, efficiency, and reporting capabilities.
Drive process improvements in accounting workflows, financial reporting, and operational procedures.
Other duties as assigned.