Hotel Portfolio Controller - Close, Reports & Onboarding

Palette Hotels; United States; On-site; USD 120,000 - 170,000; Full time

Job summary

Palette Hotels is seeking a Hotel Portfolio Controller to own month-end close and ensure accurate financial statements for a portfolio of hotels. You will direct and review offshore accounting work and partner with General Managers, owners, and lenders.

The role emphasizes GAAP and USALI compliance, cash controls, and timely reporting. You will drive automation initiatives to reduce manual steps and support hotel onboarding and offboarding.

Qualifications

• B.A. (or higher) in Accounting or Finance.
• 5+ years progressive accounting experience with responsibility for multiple hospitality properties, and strong working knowledge of GAAP.
• A track record of owning multiple ledgers at once and delivering a timely, accurate month-end close.
• The ability to review others' work and prioritize across multiple properties with limited supervision.
• Clear communication with non-finance partners, including General Managers, and owners.
• Advanced Excel skills.

Responsibilities

• Own the general ledger and month-end close for each assigned property, and give final sign-off.
• Review and approve offshore team work, including journal entries, accruals, and balance sheet reconciliations; prepare the non-routine entries yourself.
• Run flux analysis against prior period, budget, and forecast, and explain the results to General Managers.
• Oversee daily revenue and cash controls, and manage short-term cash forecasting and payment timing.
• Deliver monthly owner and lender packages, covenant calculations (DSCR, debt yield), and escrow and reserve reconciliations.
• Keep reporting and fees compliant with management agreements, lender requirements, GAAP, and USALI.
• Serve as the accounting lead for owner, lender, brand, and external audits.
• Lead the finance workstream for hotel onboarding and offboarding, from opening balances to final settlement.
• Lead the finance workstream for hotel onboarding and offboarding, from opening balances to final settlement.
• Find the manual steps that shouldn't exist and fix them through automation, AI, or other processes.

Skills

Advanced Excel

GAAP knowledge

Multitask across properties

Strong communication with non-finance

Education

B.A. in Accounting or Finance

Job description

Palette Hotels is seeking a Hotel Portfolio Controller to own month-end close and ensure accurate financial statements for a portfolio of hotels. You will direct and review offshore accounting work and partner with General Managers, owners, and lenders.

The role emphasizes GAAP and USALI compliance, cash controls, and timely reporting. You will drive automation initiatives to reduce manual steps and support hotel onboarding and offboarding.