Cluster Chief Accountant

As the role of Chief Accountant, you will be responsible for establishing the job scope and duties and will assist the Cluster Financial Controller to apply your leadership and analytical strength where the high standards for accuracy and thoroughness will inspire the same among your team.

Reports to: Cluster Financial Controller

Lateral working relationships: Department heads

Responsibilities and essential job functions include but are not limited to the following:

1. Assist the Cluster Financial Controller in preparing the annual budget, capital budgets, and the rolling forecast in conjunction with the General Manager and other department heads.
2. Provide accurate and complete financial and management reports on a timely basis to hotel management, corporate office, and owners in accordance with company and ownership reporting requirements and policy.
3. Report actual results compared to budget/forecast results and maintain adequate records reflecting the comparison of actual expenditures for furniture, equipment, and operating equipment to budgeted amounts.
4. Ensure costs are properly matched to revenues and recorded in the proper accounts.
5. Deliver preliminary statements to the Executive Committee and Department heads at month-end and final statements as per the reporting calendar.
6. Identify and communicate monthly commentary of results clearly and concisely, addressing major issues.
7. Submit timely commentaries with action plans to address deficiencies and future outlooks.
8. Ensure accuracy is a high priority for all managers, with accountability for maintaining a variance of no more than 35% from the last forecast.
9. Hold monthly meetings to critique past forecast accuracy and prepare a current forecast.
10. Accountable for the development, documentation, and maintenance within hotels to ensure compliance with internal/standard controls.
11. Comply with all laws and fiscal regulations affecting the financial matters of the hotel, including obtaining necessary permits and licenses.
12. Safeguard all leases, contracts, and legal records affecting the financial status of the hotel.
13. Ensure the hotel accounting department operates efficiently and maintains optimum staffing levels with succession plans in place for key positions.
14. Assist in the design, implementation, and use of methods and procedures that improve the accuracy of working schedules and labor standards.
15. Develop, implement, and monitor credit and collection procedures and guidelines pursuant to corporate credit policies.
16. Be a highly motivated team player with strong accounting, communication, and analytical skills, along with a strong systems background.
17. Perform other similar or related duties as necessary.
18. Identify and train Heartists colleagues with growth capabilities on specific training programs.
19. Ensure accounting staff receive proper training annually, including cross-training in Sales and the use of Tax Excel.
20. Maintain open lines of communication to reduce turnover and grievances.
21. Accurately calculate and book all company-related recoveries in accordance with the Chart of Accounts.
22. Ensure payments to the Company are made within contract terms (30 days).
23. Review accounts for material changes quarterly on the commentary report.
24. Reconcile accounts by the 20th day of the next month following month-end close.
25. Ensure tax rates used are current and accurate.
26. Collect/accrue proper amounts by the 20th and ensure timely tax payments.
27. Maintain compliance with all applicable permits and licenses.
28. Ensure Hotel Insurance requirements are met.
29. Maintain thorough knowledge of policies and procedures.
30. Review and resolve operating/business issues with the Cluster Financial Controller.
31. Maintain all hotel accounting records as prescribed by the corporate office to comply with legislative requirements and contractual obligations.
32. Comply with the Company Finance and Accounting Policy and Procedures Manual.
33. Safeguard all documents affecting the financial status of the hotel, including leases and contracts.
34. Handle local tax matters, including income and other taxes, appropriately.
35. Maintain a close connection with hotel auditors to ensure objective verification of financial affairs.
36. Perform any additional duties as assigned by the department Manager.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum 2 years experience in a similar position.
• Proficiency in accounting software such as SUN, Future Log, Opera, and Micros.
• Knowledge of relevant accounting standards and regulations.

Remote Work: No

Employment Type: Full-time