Hotel Accounting Manager

Job Description

Job Description

The Hotel Accounting Manager oversees the daily financial operations of a hospitality property. They manage revenue tracking, accounts payable/receivable, payroll processing, and financial reporting. This role bridges the gap between clerical staff and upper management to ensure profitability and compliance with hospitality accounting standards.

$65,000 yearly

• Financial Reporting & Analysis: Prepare accurate month-end, quarter-end, and year-end financial statements. Analyze financial data to pinpoint variances, control costs, and enhance revenue streams.
• Budgeting & Forecasting: Collaborate with department heads to draft annual operating budgets, track ongoing financial performance, and forecast future liquidity needs.
• Income Auditing: Supervise the daily reconciliation of rooms, food, beverage, and other departmental deposits. Perform the daily income audit and verify the accuracy of flash reports.
• Accounts Payable & Receivable (AP/AR): Oversee vendor payments, ensure accurate billing and collections, and manage direct billing accounts and credit limits.
• Payroll Processing: Administer and process bi-weekly payroll, including the auditing of overtime, tips, and benefit deductions.
• Cash Management: Monitor daily cash positions, control petty cash, manage change orders, and ensure sufficient liquidity for daily operations.
• Internal Controls: Implement and enforce strict financial controls to safeguard hotel assets, minimize liabilities, and ensure compliance with USALI (Uniform System of Accounts for the Lodging Industry) standards.
• Team Leadership: Supervise, train, and mentor accounting staff and Night Audit agents regarding proper hotel accounting procedures.

• Education: Typically requires a Bachelor’s degree in Accounting, Finance, or Business Administration, although equivalent progressive experience is often accepted.
• Experience: 1 to 3+ years of progressive accounting experience, ideally within the hospitality industry or a multi-unit property environment.
• Software Proficiency: Advanced capability with Microsoft Office, M3, and Profitsword ideally
• Industry Knowledge: Deep understanding of hotel-specific metrics, cost controls, and financial regulations.
• Soft Skills: Excellent interpersonal skills, strong problem-solving abilities, and the capacity to explain complex financial data to non-financial managers.

The Radisson Hotel Freehold puts you close to thrills at Six Flags Great Adventure, arcade games and laser tag at iPlay America, and scenic wooded trails at Monmouth Battlefield State Park. Jersey Shore summer destinations like Long Branch Beach and Asbury Park are about 35 minutes away.