Accounting Manager

$65,000 - $75,000/Yr

Unclassified - Palm Beach, FL

Full-time - Mid Level

Palm Beach, FL

About the position

The Accounting Manager is responsible for leading the financial operations of the hotel, ensuring accurate financial reporting, compliance with regulations, and safeguarding assets. This role focuses on managing Income Audit and Accounts Receivable processes, providing guidance and training to management, and maintaining profitability through effective financial oversight.

Responsibilities

• Monitor, prepare, and communicate financial reports according to required due dates.
• Prepare and input all required payroll journal entries.
• Maintain responsibility for daily Accounts Receivable credit, billing, and collection process.
• Monitor payment requirements on groups or functions and process deposits.
• Complete collection calls on outstanding accounts and maintain collection files.
• Review and approve City Ledger transfers daily and communicate deviations from accounting policies.
• Handle customer inquiries professionally and provide accurate invoices and statements.
• Process returned checks and credit card chargebacks.
• Partner with Sales and Events Team to establish customer credit and manage billing requirements.
• Maintain an efficient collection process including organized filing and monitoring of returned checks.
• Update daily revenue reports for internal and corporate distribution.
• Monitor guest ledger and advance deposit ledger for internal control.
• Keep management informed of unusual financial occurrences or deviations.
• Reconcile invoices against ledgers to ensure accuracy.
• Assist in the monthly close process by posting relevant journal entries.
• Ensure overall guest satisfaction by resolving issues or escalating them as needed.
• Cross-train in other areas within the Accounting Department.

Requirements

• At least 6 years of related progressive experience in hotel Accounting or related field.
• A 4-year college degree with an Accounting/Finance concentration and a minimum of 2 years of related experience, or a 2-year college degree with a minimum of 4 years of related experience.
• Proficiency in Windows, spreadsheets, and hotel-specific systems.
• Strong verbal and written communication skills.
• Ability to multitask and prioritize functions to meet deadlines.

Nice-to-haves

• Experience in hotel-specific accounting systems.
• Ability to maintain a warm and friendly demeanor with guests and employees.

Benefits

• Competitive salary range of $65,000 - $75,000 per year.
• Full-time employment with potential for career growth.