Hotel Accounting

Keystone Hotel Group

Cincinnati, OH

JOB DETAILS
SKILLS
Accounting, Accounting Close, Accounting Software, Accounts Payable, Accounts Receivable, Accounts Receivable Processing, Analysis Skills, Balance Sheet, Budget Management, Budgeting, Cash Flow, Corporate Finance, Corporate Policies, Credit and Collections, Detail Oriented, Finance, Financial Analysis, Financial Management, Financial Operations, Financial Policies, Financial Procedures, Financial Reporting, Forecasting, General Ledger Accounting, Generally Accepted Accounting Principles (GAAP), Internal Audit, Maintain Compliance, Problem Solving Skills, Profit & Loss, Profit & Loss Statements, Property Maintenance, Property Management, Reconciliation, Record Keeping, Regulatory Compliance, Revenue/Sales Reporting, Sales, Tax Regulations, Time Management
LOCATION
Cincinnati, OH
POSTED
1 day ago

A Hotel Accountant for a management company oversees financial operations for multiple properties, focusing on high-volume reporting, month-end close, bank reconciliations, and balance sheet management. Key responsibilities include ensuring accuracy in accounts payable/receivable, payroll oversight, budgeting, forecasting, and adhering to GAAP compliance to ensure profitability and ownership reporting.Key Responsibilities Financial Reporting & Analysis: Prepare monthly profit and loss statements, balance sheets, and cash flow reports for owners and senior management.Month-End Close: Execute month-end accounting close processes, ensuring all transactions are recorded accurately.Reconciliations: Conduct regular bank reconciliations, bank balance reviews, and reconcile balance sheet asset and liability accounts.Accounts Payable/Receivable: Oversee AP/AR processes, including vendor inquiries, invoice approval, invoice coding, and hotel ledger collections.Budgeting & Forecasting: Assist in developing annual budgets and ongoing forecasts (e.g., room revenue).Internal Controls & Compliance: Ensure compliance with tax regulations, internal audit procedures, and corporate financial policies.Daily Sales Audit: Monitor daily sales reports (POS) and property management system (PMS) revenue for accuracy.Required Skills and Qualifications Experience: Previous experience in hotel accounting or hospitality management, often with multiple property management.Technical Skills: Proficiency in hotel accounting software (e.g., M3, ProfitSword, InnFlow), Excel, and general ledger systems.Knowledge: Strong understanding of GAAP (Generally Accepted Accounting Principles) and Uniform System of Accounts for the Lodging Industry (USALI).Soft Skills: Strong analytical abilities, high attention to detail, proactive problem-solving, and ability to meet strict reporting deadlines.#J-18808-Ljbffr

About the Company

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Keystone Hotel Group