Accounting Manager / Hotel Reporting and Analysis

Widewaters
DeWitt, NY

Posted December 7, 2019

Accounting Manager / Hotel Reporting and Analysis

Job Summary

The Accounting Manager – Hotel Reporting and Analysis is responsible for supporting and assisting the Chief Accounting Officer – Hotels with monthly financial reporting, tax and insurance escrow analysis, account reconciliation, ad hoc reporting, budgets and audits for multiple hotel properties.  Additionally the Manager of Hotel Reporting and Analysis will oversee accounts payable for multiple properties while ensuring that their staff complies with accounting policies and procedures.

Essential Functions of the Job                         

Financial Reporting & Analysis

  • Manage, coordinate, and issue month end financials and consolidated reports.
  • Review, analyze, and report on monthly forecasts trends, metrics, risks and opportunities.
  • Perform escrow and reserve analysis to insure operational objectives.
  • Assist and support month end closing preparation by compiling month end financials for presentation to ownership.

Accounting Excellence

  • Assist with weekly and monthly duties such as balance sheet review and bank reconciliation.
  • Prepare tax reconciliations and ensures the timely filing of all applicable tax returns.
  • Support and assist with hotel compliance of internal controls.
  • Insure timely and accurate accounting of transactions.

Accounting Process Responsibilities

  • Maintain accounting systems and report layouts.
  • Maintain capital project accounting/purchasing fee.
  • Maintain operating and capital budgets.
  • Establish metrics to support operational objectives for: labor, overtime, food & beverage profitability and other industry benchmarks.

Organizational Skills

  • Day to day liaison between the accounting and hotel operations including on site accounting and management.
  • Communicate, interpret, and insure adherence to accounting policies and procedures.
  • Support training process for new hires, acquisitions and other appropriate staff.
  • Direct/assist preparation of annual tax work papers for assigned entities.
  • Assign other duties by management in support of strategic initiatives such as: profitability, process efficiency and other quality projects.

Supervisory Responsibilities

  • Responsible for the overall direction, coordination, and evaluation of direct reports.
  • Provide supervision in accordance with the organization’s policies and applicable laws.
  • Support employment processes by: interviewing, hiring, and training employees; planning day to day work tasks; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
  • Act professionally in support of the mission and vision in all interactions with both internal and external customers.

Qualifications:

Bachelor’s degree in Accounting or related field requirement.  Minimum of 4 years of relevant experience in accounting.  To perform this job an employee must be able to meet the essential functions of the job satisfactorily.  The ideal candidate will possess the following attributes:  Analytical, organized, delegation, communication, leadership, complex mathematical agility, decision-making skills.

Reports to

Chief Accounting Officer – Hotels

Key Partnerships

CFO, COO Hotels, Vice President Audit, Director of Hotel Accounting, Regional Vice Presidents of Operations, GMs, and Hotel Controllers.

Mission

We are ONE WIDEWATERS, striving to attract and retain the highest quality associates who share our vision of excellence in real estate investments and services.  We invest in our associates to develop motivated experts who perform at the highest level of professionalism.  Widewaters associates are empowered, collaborative, innovative, attentive to details, and take ownership in everything they do.  The result is an unparalleled execution of strategic plan and commitment to client service.

Core Competencies

  • Empowerment – Freedom, power, authority and encouragement given to employees to make decisions related to their specific organizational task.
  • Collaboration – Individuals working together toward a common purpose to achieve a business benefit.   
  • Innovation – Demonstrates imagination and initiative to improve how we transact business. 
  • Detail Oriented – Pays attention to the details and makes a conscious effort to understand causes instead of just effects.
  • Accountable – Responsible for one’s own actions, decisions including execution of job responsibilities, and one’s behavior.

Authority and Supervisory Qualifications:

This position reports to the Chief Accounting Officer – Hotels and serves at the discretion of the CFO or delegate. The position carries out Hotel Accounting responsibilities in consultation with the Chief Accounting Officer – Hotels.  Responsible for overall coordination, and evaluation of effectiveness of Hotel Accounting initiatives.

Physical Demands:

While performing the duties of this job, the employee is regularly required to sit; use hands and fingers to handle or fell; talk or hear.  The employee is required to stand and walk.  The employee is occasionally required to reach with hands and arms; climb or balance; and stoop, kneel, crouch or crawl.  The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.  Specific vision abilities required by his job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to focus.

View All Current Opportunities at WidewatersWidewaters Hotels' Mission and Values

Widewaters Hotels is an award winning, innovative hospitality management leader, built on proven pillars of success. We are passionate about delivering exceptional returns for our owners and partners, creating the ultimate guest experience and providing rewarding opportunities for our associates.

Widewaters' Hotels Values: Our values guide the way we work with and for our guests, owners & associates. Through Passion, Energy, Attitude & Work Ethic we have created a vibrant company culture and a compass for our actions.

About Us

Widewaters Hotels is part of a vertically integrated real estate organization with over 25 years of development, construction, management, and investment experience. With services ranging from hotel management to financial reporting and revenue management, we strive to deliver exceptional returns for owners and the ultimate experience for hotel guests. We invite you to discover why we’ve earned a reputation as an innovative leader in hospitality management and the partner of choice for both leading hotel brands and independent properties across the country.

  • Currently manage 16 hotels (2,357 rooms) across 10 states 
  • Total annual revenue over $60 million
  • Top 100 Management Companies by Hotel Business 2011, 2012, 2013, 2014, 2015, 2016
  • Hilton Dual Brand Deal of the Year 2014
  • Hilton Developer of the Year 2012
  • Home2 Suites by Hilton Developer of the Year 2011

Widewaters Hotels, LLC provides hotel management and asset management for leading brands as well as independent properties.

Current Portfolio Includes:

  • Hilton 
  • Marriott International
  • InterContinental Hotels Group
  • Hyatt

Company Website:WidewatersHotels.com

EEOC

We appreciate your interest in Widewaters Hotels, LLC. Widewaters Hotels, LLC offers equal opportunities to all persons without regard to race, color religion, age, sex, disability, national origin, ancestry, citizenship, military or veteran status, marital status, sexual orientation, domestic violence victim status, predisposing genetic characteristics or genetic information, or any other status protected by law.

Widewaters

Corporate Office

Key to Widewaters success has been the ability to develop and construct high quality projects that create long-term value.

Widewaters is a vertically integrated real estate organization with over 30 years of development, construction, management and investment experience. Leveraging its entrepreneurial instincts, capital and expertise, Widewaters continues to develop and acquire quality real estate across North America.

Widewaters has developed or acquired over 11.2 million square feet of retail, office, residential, and hospitality projects totaling over $1.29 billion in value. Widewaters develops and manages all of its properties through its operating and management companies, The Widewaters Group, Inc. and Widewaters Hotels, LLC. Construction is performed through its affiliate Widewaters Construction, Inc.

Widewaters is based in Syracuse, New York with additional operations in the Charlotte, North Carolina and Salt Lake City, Utah areas. In house capabilities include: aquisitions, site selection, entitlements, feasibility, legal, leasing, financing, accounting, construction, property management, hotel management, and asset management.