Disability Solutions - Los Angeles, CA
posted 3 months ago
The Accounting Manager at Loews Hollywood Hotel plays a crucial role in overseeing day-to-day accounting activities, ensuring compliance with internal control procedures, and facilitating effective communication between operations and shared service operations. This position is responsible for the accurate and timely completion, review, and analysis of financial reports and transactions. The Accounting Manager will provide essential support in billing and collection processes, manage aged accounts receivables, and resolve client disputes effectively. In this role, the Accounting Manager will oversee the billing and collection functions for meeting and event groups, ensuring that all activities are conducted in accordance with contractual payment terms. The position requires the preparation and posting of journal entries, timely completion of month-end close processes, and accurate monthly balance sheet reconciliations. The Accounting Manager will also be responsible for training team members on policies and controls, fostering a culture of continuous improvement, and supporting management with new implementations and improvement programs. Regular attendance and participation in training sessions and meetings are required, along with the ability to adapt to varying schedules based on business needs. The Accounting Manager will also be involved in reviewing property labor, preparing reports for labor meetings, and managing union labor reporting processes to ensure compliance with union requirements. This position is integral to maintaining the financial integrity of the hotel and ensuring that all accounting practices adhere to industry standards and best practices.