Accounting Manager

$80,000 - $80,000/Yr

Crestline Hotels & Resorts - Washington, DC

Full-time - Mid Level

Washington, DC

501-1,000 employees

Accommodation

About the position

The Accounting Manager at Crestline Hotels & Resorts plays a crucial role in overseeing the financial operations of the hotel. This position is responsible for supervising key areas such as Payroll, Accounts Receivable, Accounts Payable, Cashier, and Income Audit. The Accounting Manager will report directly to the Director of Finance and will ensure that daily operations comply with the company's Standard Operating Procedures (SOPs) and Local Standard Operating Procedures (LSOPs), as well as Generally Accepted Accounting Principles (GAAP) and all relevant federal, state, and local laws and regulations. In this role, the Accounting Manager will analyze and reconcile all general ledger accounts and bank statements to guarantee that financial information is accurate and readily available. They will assist in preparing the annual budget, forecasts, taxes, and other financial reports. Additionally, the Accounting Manager will be responsible for training staff, monitoring, and coordinating the implementation and maintenance of financial controls, and ensuring effective information flow to other departments. The position requires resolving issues within the accounting systems to ensure smooth operations. Key duties include maintaining accurate daily revenue figures, facilitating monthly adjustments to guest and city ledgers, handling office supply orders, assisting in inventory and price verifications, and preparing training sessions for associates. The Accounting Manager will also verify monthly revenue reports, assist in profit and loss statement preparation, and maintain positive working relationships with all hotel associates and managers. This role is essential for ensuring that all accounting practices are followed and that the department operates efficiently and effectively.

Responsibilities

• Supervise Payroll, Accounts Receivable, Accounts Payable, Cashier, and Income Audit.
• Ensure compliance with the Company's SOPs and LSOPs, GAAP, and all federal, state, and local laws and regulations.
• Analyze and reconcile all general ledger accounts and bank statements.
• Assist in the preparation of the annual budget, forecasts, taxes, and other financial reports.
• Train, monitor, and coordinate the implementation and maintenance of financial controls.
• Resolve issues in the accounting systems to ensure smooth operations.
• Maintain accurate daily revenue figures and report revenues daily to Crestline Hotels & Resorts.
• Facilitate monthly guest ledger and city ledger adjustments and charges on journal entries for General Ledger posting.
• Handle all office supply orders and maintain control of costs.
• Assist in all inventory and price verifications reviewed monthly.
• Review all guest ledger accounts to ensure proper maintenance.
• Prepare and facilitate training, reviews, schedules, meetings, and associate satisfaction for all associates.
• Assist in monthly accrual meetings with department managers.
• Verify monthly revenue reports and assist in all month-end entries.
• Attend all staff meetings and in-house training classes.
• Assist Controller in preparation of profit and loss statements.
• Maintain positive working relations between accounting and all other hotel associates/managers.
• Facilitate monthly bank reconciliation and report all taxes in accordance with state and federal guidelines.

Requirements

• Bachelor's degree in Accounting preferred or 5 years of work equivalent.
• 2-3 years of experience related to Accounting/Finance.
• Computer skills required, with familiarity in Microsoft Office preferred and Excel required.
• Experience with hotel information systems is required.

Benefits

• Health and Welfare plans including Medical/Dental/Vision options
• Competitive Paid Time Off
• 401k Savings Plan with Company Match
• Volunteer Opportunities
• Educational Assistance
• Travel Discounts