Assistant Director of Finance - Transitions & New Development

Pyramid Global Hospitality; Boston (MA); On-site; USD 100,000 - 120,000; Full time

Job summary

Pyramid Global Hospitality is seeking an Assistant Director of Accounting, Transitions & New Development to lead accounting transitions for hotels and new developments. This role is based in Pyramid’s Woodlands, TX, and collaborates with the Centralized Accounting Office, Regional Finance, and property teams to ensure accurate, timely financial reporting in line with GAAP and USALI.

The position requires 5–7 years in hotel accounting or related fields, strong Excel and data mapping skills, and

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field is required.
• 5–7 years of progressive accounting/finance experience preferred, ideally in hotel accounting or transition projects.
• Strong understanding of hotel accounting operations, internal controls, financial reporting, and monthly close processes.
• Experience with USALI and GAAP; ability to handle multiple projects and travel for training.
• Proficiency with accounting software, reporting tools, and data mapping or conversion processes.

Responsibilities

• Lead and manage accounting transition and new development projects for hotels and properties.
• Support due diligence and property setup across accounting functions.
• Identify hotel bank accounts and merchant IDs for setup in coordination with Treasury.
• Map and convert historical financial data into Pyramid systems and COA.
• Lead income journal mapping to align with USALI and GAAP standards.
• Develop post-transition training calendar and deliver training sessions (remote and on-site).
• Coordinate handoffs to Regional Finance leaders and support rapid property stabilization after openings or transfers.
• Assist in budgeting for stub periods and pre-opening costs; review and finalize transition reserves.
• Assist with proration schedules per Purchase & Sale Agreements and contribute to process improvements.

Skills

Excel

USALI knowledge

GAAP knowledge

Financial reporting

Hotel accounting

Education

Bachelor's degree in Accounting, Finance, Business Administration, or related field

Job description

About Our Property

Pyramid Global Hospitality (“Pyramid”) is a leading hotel management company, operating in the US, Caribbean, and Western Europe. With portfolio revenues exceeding $3 billion, Pyramid manages 230 hotels, resorts, and conference centers, both branded and independent. The firm maintains offices in Boston (Headquarters), Cincinnati, Houston, and London. Additional information about Pyramid can be found at www.pyramidglobal.com In 2021, Pyramid and Benchmark Resorts and Hotels merged to add an additional 59 Managed or Asset Managed Resorts and over 10,000 additional team members. The two companies share the same company culture, values and philosophies. We are growing and opportunities abound! What really sets Pyramid apart from our competitors is our reputation as an employer. Professional growth is not just possible throughout the company but planned and encouraged. The Leadership Team at Pyramid consider team member development its first priority, understanding that success is only achieved in a workplace where every contributor is respected and recognized. This is why we deliver superior results. There is opportunity to work directly with senior leaders, experience stretch assignments and learn hospitality management from industry giants. You will come to know a distinctive people centric culture that is at the core of all we do. The decisions we make and the paths we take are bound by a commitment to our Owners, Associates, Customers and the Communities where we work. We attract the most talented associates in the industry, and actively encourage candidates with a “hospitality spirit” who may be thinking about a career change to join our team.

What You Will Have An Opportunity To Do

The Assistant Director of Accounting, Transitions & New Development is a key leadership role within the hotel transitions team responsible for organizing, managing, and tracking accounting-related transition needs for hotel properties passing through Pyramid’s transition and new development processes. This position reports to the Transition and New Development Department while being based in Pyramid’s Office in The Woodlands, TX and partnering closely with the Centralized Accounting Office (CAO), Regional Finance and Operations teams to ensure accounting processes, systems, banking requirements, reporting standards, and training activities are completed accurately, timely, and in alignment with company standards, hotel management agreements, loan documents, USALI, and GAAP.

Essential Responsibilities

• Serve as a key transition leader responsible for managing, organizing, and tracking accounting-related transition requirements for hotel transitions and new development projects.
• Participate in the due diligence process for transitioning properties to identify property setup requirements across all accounting functions and ensure transition needs are addressed in a thorough and timely manner.
• Identify and communicate required hotel bank accounts and merchant IDs to the PGH Treasury team, supporting timely setup or transition in compliance with hotel management agreements and loan documents.
• Manage the import, conversion, and mapping of historical financial information into Pyramid systems and the company chart of accounts.
• Lead income journal mapping for newly transitioned hotels to ensure reporting aligns with USALI and GAAP standards.
• Develop and maintain the post-transition property training calendar while also delivering (through remote and select on-site sessions) and ensuring the success of said training such that property teams quickly become both comfortable and capable in their understanding of PGH accounting tools, systems, processes, weekly reporting, and standard operating procedures following transition.
• Direct and support the implementation and completion of transition processes and checklists, to include supporting the coordination of a thorough handoff to Regional Finance leaders when appropriate.
• Partner with CAO, Treasury, Regional Finance, property leadership, and transition stakeholders to drive rapid property stabilization after opening, acquisition, or transition.
• Identify risks, roadblocks, or process gaps during transition and elevate issues with recommended solutions to transition team leadership.
• Assist in the preparation of stub period budgets for recently transitioned properties and pre-opening budgets for new development properties.
• Assist in preparation and review of close-out transition reserves for properties transitioning out of PGH management.
• Participate in the preparation and review of proration schedules as prescribed by associated Purchase & Sale Agreements for transitioning hotels.
• Support continuous improvement of transition accounting procedures, documentation, checklists, templates, and training materials.
• Periodically travel to select newly transitioned properties to conduct in-person training with hotel teams

What are we looking for?

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field required.
• Minimum of five to seven years of progressive accounting, finance operations, hotel accounting, shared services, or transition-related experience preferred.
• Strong understanding of hotel accounting operations, internal controls, financial reporting, balance sheet support, and monthly close processes.
• Working knowledge of USALI and GAAP standards.
• Experience supporting property openings, acquisitions, transitions, new developments, and/or system conversions preferred.
• Advanced proficiency with accounting systems, reporting tools, Excel, and data mapping or conversion processes.
• Ability to manage multiple concurrent projects, deadlines, and stakeholder groups in a fast-paced environment.
• Ability to travel periodically for select hotel training projects

Key Competencies

• Excellent communication skills with the ability to coordinate across CAO, Treasury, Regional Finance, property teams, and transition stakeholders.
• High attention to detail and commitment to accuracy, compliance, and timely execution.
• Ability to identify process gaps, recommend practical solutions, and drive accountability through to completion.
• Strong training and change-management orientation, with the ability to build partnership with property teams to support them through transition and stabilization.
• Professional judgment, discretion, and the ability to work effectively with confidential financial and operational information.

Compensation

$100,000

$120,000

Pyramid Global Hospitality is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Actual compensation packages are based on a wide array of factors unique to each candidate, including but not limited to skill set, years & depth of experience, certifications and specific office location. This may differ in other locations due to cost of labor considerations.