Senior Accounting Manager

Water's Edge Resort & Spa; Westbrook (CT); On-site; USD 78,000 - 92,000; Full time

Benefits offered by this job

Medical, Dental, Vision and Group Life

401(K) with employer contribution

Paid time off

Employee meals

Employee discounts

Job summary

Water's Edge Resort & Spa in Westbrook, CT, seeks an experienced Senior Accountant to join the finance team as Accounting Manager. The ideal candidate will oversee day-to-day hospitality accounting operations and collaborate with senior management to improve efficiency.

The role encompasses A/P, A/R, cash handling, month-end close, budgeting, and timely financial reporting, with a focus on internal controls and operational improvements.

Qualifications

• Bachelor’s degree in accounting.
• 5 years of hospitality accounting and finance experience.
• Experience creating financial statements and reconciling GL accounts.
• Knowledge of GAAP and month-end close processes.
• Proficiency with spreadsheets, POS, PMS, and SAGE accounting.

Responsibilities

• Manage day-to-day operations of the Accounting Department, including A/P and A/R.
• Coordinate and direct the preparation of the budget and financial forecasts.
• Prepare and publish monthly financial statements for all entities.
• Provide financial updates to senior management with metrics and reporting.
• Develop, implement, and maintain internal controls and guidelines.
• Support departments in achieving budgeted goals with timely analysis.
• Help develop and support short and long-term operational strategies.
• Ensure compliance with GAAP and regulatory requirements.
• Coordinate regulatory reporting (Federal, State and local).
• Maintain internal control safeguards over cash receipts and expenses.
• Establish financial and operating benchmarks, budgets, program monitoring, and reporting standards.

Skills

Hospitality accounting

Financial analysis

GAAP knowledge

Staff management

Communication skills

Education

Bachelor’s degree in accounting

Tools

SAGE accounting

Point of Sale

Property Management Systems

Job description

CT - Westbrook, CT 06498

Overview

Salary Range:

$78,000.00 - $92,000.00 Salary/year

Position Type:

Full Time

Description

Water’s Edge Resort and Spa is seeking an experienced Senior Accountant with hospitality experience to work with the finance team in the role of Accounting Manager. The ideal candidate will have proven industry experience in hospitality accounting. The Accounting Manager will understand each accounting role, to include General Cashier and cash handling, Accounts Receivable billing and collections, Accounts Payable and IT requirements in the hospitality environment. As a strong communicator and skilled financial analyst, you will streamline accounting processes, and perform all related tasks as needed. You will assist in the production of monthly financial reports for senior management and work collaboratively with senior management to improve operational efficiencies.

Primary Responsibilities:

• Manage and be able to perform as needed any day-to-day operations of the Accounting Department including A/P, A/R, cash management, reconciliations and inventory
• Coordinate and direct the preparation of the budget and financial forecasts
• Prepare and publish, timely, monthly financial statements for all entities
• Provide comprehensive financial updates to senior management by evaluating, analyzing, and reporting appropriate metrics.
• Develop, implement, and maintain financial controls and guidelines.
• Support Departments in achieving budgeted goals with timely analysis.
• Help develop and support short and long-term operational strategies.
• Manage and monitor all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
• Coordinate the preparation of regulatory reporting (Federal, State and local)
• Maintain internal control safeguards over the receipt of cash and payment of expenses
• In conjunction with management, establish financial and operating benchmarks, budgets, program monitoring, and reporting standards on a daily, monthly, and annual basis.
• Implement consistent accounting policies, practices, and procedures across all programs by remaining knowledgeable about existing, new, and future guidance.
• Develop, document and enforce internal controls/processes/policies to maximize protection of company assets.
• Other duties as assigned.

Qualifications

• Bachelor’s degree in accounting
• 5 years of overall hospitality, accounting and finance experience
• Experience creating financial statements and reconciling GL accounts
• Experience with the general ledger functions and the month-end/year end close process
• High level knowledge of financial metrics with an emphasis on hospitality/resort metrics
• General computer application proficiency (spreadsheets, word processing), Point of Sale, Property Management Systems, SAGE accounting
• Apply oral or written (legible) communication techniques
• General knowledge of Federal and State taxation
• Ability to manage staff

Benefits

Water's Edge Resort and Spa offers a comprehensive benefits package for eligible full-time employees, including:

• Medical, Dental, Vision and Group Life Insurance
• 401(K) with employer contribution eligibility
• Paid time off
• Employee meals
• Employee discounts