Senior Staff Accountant, Joint Venture Accounting

Dufry Careers; Bethesda (MD); On-site; USD 78,000 - 91,000; Full time

Job summary

HMSHost Corporation is seeking a Senior Staff Accountant in Bethesda, MD to support all aspects of joint venture accounting. Responsibilities include cash flow distributions, management fees, and monthly financial statements for multiple JV entities.

The role requires 3+ years of accounting experience, a bachelor’s degree in Accounting or Finance, and IFRS training. Experience with SAP and hospitality industry preferred, with strong Excel skills and collaboration across departments.

Qualifications

• At least 3 years of accounting experience in a technical role.
• A bachelor’s degree in Accounting or Finance.
• CPA, CPA Candidate or MBA preferred.
• Joint Venture accounting experience is a plus.
• 3–5 years of hospitality, F&B and/or retail industry experience.

Responsibilities

• Assist with calculations and payments of JV partner cash flow distributions and management fees.
• Assist with preparation of monthly financial statements for all joint ventures.
• Support collection of JV receivables and notes.
• Assist with preparation of tax packages.
• Assist with monthly journal entries and reconciliation of JV-related accounts.
• Coordinate audits with internal and external auditors.

Skills

Advanced Microsoft Excel

Strong financial acumen

IFRS understanding

Education

Bachelor's degree in Accounting or Finance

CPA, CPA Candidate or MBA preferred

Tools

SAP

Job description

Select how often (in days) to receive an alert:

Senior Staff Accountant, Joint Venture Accounting

Category:

With a career at HMSHost, you really benefit! We Offer

• Health, dental and vision insurance
• Generous paid time off (vacation, flex or sick)
• Meal and Transportation Benefits
• *401(k) retirement plan with company match
• Employee assistance program
• Training and exciting career growth opportunities
• Referral program – refer a friend and earn a bonus

*Benefits may vary by position so ask your recruiter for details.

Airport Location:Corporate Accounting
Advertised Compensation:$77,600.00to $91,300.00

Purpose:

The Senior Staff Accounting, Joint Venture (JV) Accounting is responsible for supporting all aspects of accounting for joint ventures. The primary responsibilities include financial reporting, profit sharing and cash distribution calculations, management fees calculations, loan tracking and reserve analysis, maintaining compliance with financial terms of JV contracts, coordinating audits with external auditors, and reconciling all related general ledger accounts.

Essential Functions:

• Assists with calculations and payments of JV partner cash flow distributions and management fees
• Assists with preparation of monthly financial statements for all joint ventures
• Supports the collection of joint venture receivables and notes
• Assists with preparation of tax packages
• Assists with monthly journal entry preparations
• Assists with reconciling minority interest payables, loan balances and other joint venture balance sheet accounts
• Assists with audit schedules for preliminary and annual audits for internal and external auditors
• Assists with preparation and maintenance of JV receivables and notes
• Interact with Legal, Business Development and Operations Management on joint ventures related matter

Reporting Relationship:

This position reports into the Director of JV Accounting

Minimum Qualifications, Knowledge, Skills, and Work Environment :

• Education and Experience:
  • In a technical role: Requires at least 3 years of accounting experience
    • A bachelor’s degree in Accounting, or Finance
    • CPA, CPA Candidate or MBA preferred
    • Joint Venture accounting a plus
  • In the industry: 3-5 years of hospitality, F&B and/or retail experience
• Specialized Training:
  • Training that leads to a clear and thorough understanding of IFRS reporting
• Strong financial acumenand also has themindsetrequired to understand the long-term implications of accounting to advance the organizations goals
• Advanced Microsoft Excel skills
• Proficient ERP skills with SAP
• Demonstrated history ofunderstanding the needs of the business,stakeholders, the employee population, and individual circumstances
• Demonstrated history ofcreating and maintaining positive work environments
• Location: This position is based at the F&B Center of Excellence in Bethesda, MD

Avolta, including Dufry, HMSHost Corporation, Hudson, and affiliates (“the Company”), is an equal opportunity employer. It is the Company’s policy to ensure equal employment opportunity in all aspects of employment and to comply with anti-discrimination laws andregulations. The Company prohibits discrimination and harassment of any type and provides equal opportunities to applicants and team members withoutregard to actual or perceived race, color, creed, age, religion, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity or gender expression (including transgender status), sexual orientation, national origin, disability, military service and veteran status, ancestry, citizenship status, marital status, protected medical condition as defined by applicable state or local law, genetic information, or any other basis protected by applicable federal, state or local laws and ordinances (referred to as “protected characteristics”).