Job Title: Complex Controller
Location: Philadelphia, PA
Full-time
Onsite
Job Requirement:
- The Complex Accounting Manager will be responsible for overseeing the financial operations of two hotel locations within our complex. This role involves managing accounting functions, financial reporting, budgeting, forecasting, and compliance to ensure the financial health and integrity of our company.
- Must have Qualifications:
- Bachelors' Degree in Accounting or Finance required, with a minimum of ten (5) years of prior accounting experience.
- Must have hotel operations knowledge, previous experience in a centralized environment, handling multiple properties, is preferred.
- CPA is preferred.
- General accounting system knowledge is necessary and knowledge of any of the following systems is a plus: Opera, OnQ, M3 Accounting System, Aloha POS, and Paychex.
- Must be proficient in Excel and Outlook.
Key Responsibilities:
- Prepare and review the financial statements for complex hotel properties and related entities for corporate consolidation and reporting within the time frame supplied in the corporate closing schedule.
- Improve all hotel's financial performance by reviewing and monitoring daily, weekly, monthly, and annual results, utilizing myDigitaloffice, and providing feedback to the appropriate leadership Teams, and suggesting adjustments when appropriate.
- Reviewing, and implementing new purchasing opportunities and processes across all properties, to increase productivity, and efficiency; and reduce costs.
- Develop Paychex labor analysis and productivity reports to reduce payroll and other costs
- Oversight of the review, approval, and processing of payroll including full knowledge of union agreements.
- Verify and file monthly sales, occupancy, and other taxes, medical benefits, and insurance for hotel properties.
- Understanding and compliance with all corporate and hotel contractual documents for all complex hotels.
- Make sure that all statutory and fiscal reporting requirements are satisfied, which includes any governmental requirements for permits and licenses. Work with the accounting team to streamline processes and manage deadlines.
- Review and approval of monthly bank and balance sheet account reconciliations with full support for all reconciling items and journal entries recorded in the subsequent accounting period.
- Perform credit card reconciliation on a daily basis and timely cash/bank deposits.
- Supervision of staff accountants at all complex hotels. Communicate both verbally and in writing to provide clear direction to the Team.
- Coordinate monthly credit meetings.
- Oversight of the review, approval, and processing of disbursements.
- Preparation of monthly forecasts annual budgets and monthly variance analysis for complex hotel properties.
