Senior Accounting Manager

Hersha Hospitality Management; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

A leading company in hospitality management is seeking a Senior Accounting Manager to oversee portfolio accounting processes, ensuring adherence to GAAP and providing training for property accounting teams. This role includes extensive financial analysis and coordination with regional directors, making it critical for operational efficiency and compliance across accounting functions.

Qualifications

• Degree requirement in accounting or finance.
• Expertise in Solomon/BI360/BirchStreet for training.
• Previous cash flow forecasting experience is mandatory.

Responsibilities

• Oversee property accounting processes and financial statement preparation.
• Develop training and procedures for decentralized property accountants.
• Assist with audits and ensure compliance.

Skills

Expertise in Solomon/BI360/BirchStreet

Cash flow forecasting

Web-based training

Education

Bachelor’s degree in accounting or finance

Job description

Overview

Opportunity: Senior Accounting Manager

Manage and guide property accounting processes within the portfolio, with the main objective of preparing timely and accurate financial statements in accordance with generally accepted accounting principles (GAAP) and established standards. Provide training to property accounting professionals to achieve highest level of financial compliance in regards to company accounting policies and procedures.

Potential Career Path

Property Assistant Director of Finance/Controller – Property Director of Finance/Controller – Regional Director of Accounting

Essential Job Functions

• Review the monthly balance sheet packs of decentralized properties to ensure the timely and accurate preparation of accounting records and financial statements to review with the V.P. of Finance and then develop a standardized report of any issues or concerns to the property Controller/Director of Finance.
• Develop and implement procedures and necessary training to promote the efficient, effective and timely completion of accounting activities by decentralized property accountants.
• Each Month review all Non Hersha Trust and Starwood capital group cash flow forecasts for reasonableness and then review with the V.P. of Finance prior to submission to ownership. At times this may require the preparation of the cash flow forecasts and in addition may require providing training for the decentralized Controller/Director of Finance or Centralized Staff Accountant.
• Perform on-site task force assignments during lapse of coverage within accounting teams. In addition support regional accounting teams as deemed necessary due to turnover/PTO.
• Handle day to day requests from property Controllers and on-property staff.
• Provide financial analysis as required for individual properties or hotel portfolios.
• Assist with hotel transitions in and out of the portfolio and on-boarding/training of property teams in accounting disciplines.
• Assist with both internal and external audits to ensure complete, timely and accurate responses to information requests.
• Work closely with Regional Directors of Accounting, Controllers and the Vice President of Financial Services to ensure effective coordination of activities between Accounting and Operations.
• Provide oversight of records management including organization and coordinate destruction of records as necessary.
• Ensure compliance and satisfaction of all government, company, franchise and ownershiprequirements throughout job performance.
• Follow sustainability guidelines and practices related to HHM’s EarthView program.
• Practice safe work habits, wear protective safety equipment and follow MSDS and OSHA standards.
• Perform other job related duties as requested by management.

Position Requirements

• Bachelor’s degree in accounting or finance required.
• Expertise in Solomon/BI360/BirchStreet with the ability to train others.
• Previous cash flow forecasting experience required.
• Experience administering web-based training preferred.

Work Environment and Context

• Requires sitting for extended periods, use of hands and fingers to operate computers and keyboards.
• Occasional travel is necessary.

What We Believe

People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It

About Us

HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.

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