SOCH MANAGEMENT
MANAGER OF ACCOUNTING
JOB DESCRIPTION
Position: SOCH MANAGEMENT Manager of Accounting
Reports to: SOCH MANAGEMENT President
Requirements: College or higher level education
Minimum 3 years of Accounting Management experience with at least 2 years in the hotel industry
Must be strong leader, self-motivator, team builder
Must be willing and able to sign SOCH MANAGEMENT’s non-disclosure and non-compete agreements
General Responsibilities:
Responsible for the overall development and execution of strategies that will support, strengthen and grow the hotels and organization as a whole including:
Driving service excellence
Developing and executing action plans to improve P & L performance
Working closely with the Director of Operations, Sales, and Human Resources in assessing and driving overall performance
Maintaining positive owner relationships.
Primary Functions:
Actively participate on the SOCH MANAGEMENT Strategic Planning Committee.
Actively participate in and support the process of developing the annual Business Plan for each hotel.
Direct oversight of all hotels in an accounting capacity and indirectly oversees all property level Controllers.
Ensure accurate and timely preparation of all financial statements and account reconciliations on a monthly basis; meeting all deadlines.
Maintain trained staffing of accounting positions at the property level.
Maintain strong internal control environments at all properties to include maximization of profits, proper controls, optimal productivity and a coordination of efforts towards achieving objectives.
Drive hotels' financial performance through continuous review and monitoring of hotel monthly and annual results, providing feedback to the appropriate Leadership Teams, and suggesting adjustments when appropriate.
Create monthly roll up reports for Sr. Corporate Leadership.
Review cash flows on a monthly basis to ensure accurate and timely receipt/payment of financial obligations, rents, tax credit fees, etc.
Monitor the cash and working capital position of each asset to ensure acceptable working capital balances are maintained.
Maintain and update all SOPs for the Hotel Accounting area.
Support General Managers and the Operations team with thoughtful analytics regarding forecasting, cost control and margin improvement.
Gain a thorough understanding of the ownership agreements for all properties, including but not limited to, management, partnership, operating and franchise agreements.
Evaluate and drive standardization and optimization of process, systems, communication and controls at each property for maximized results and efficiencies.
Develop effective analytical process and culture with comprehensive metrics and reporting processes.
Ensure coordinated efforts around sharing value-added best practices and procedures.
Identify potential challenges that could impact the business in the future while taking corrective action on current performance deficiencies
Oversee the Payroll function and work to improve processes and systems to ensure maximum efficiencies.
Handle month-end closing, cash flow reporting and intercompany reconciliation.
Reconcile accounts, resolve invoicing problems, monitor debts collection and liaise with other departments for disputed billings.
Perform other accounting functions including but not limited to fixed assets inventory and accounts reconciliation.
Assist with preparation of annual budgets and monthly forecasts.
Ensure accuracy and quality of financial and management reports.
Implement and maintain all internal control policies and procedures related to general accounting, accounts payable, revenue control and credit control.
Work with auditors and tax consultants to ensure compliance with local statutory regulations.
Contribute to wide range of financial ad-hoc.
Optimum Attributes:
Willing to take responsibility and accountability for the team.
Well-groomed and professional appearance.
Willing to work on weekends and holidays if required.
Effective communication skills.
Good listener.
Emphatic and tolerant.
Open with praise, discreet with criticism.
Consistent and congruent.
Rational, prudent and practical.
Performance standards:
Performance shall be measured by achievement of the:
*
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Timely & accurate Federal, State and local tax, regulatory and filing requirements
Timely and accurate Filing of Period, Quarterly and Annual Financial Reporting
Job Type: Full-time
Pay: $64,480.00 - $70,000.00 per year
Benefits:
Dental insurance
Health insurance
Paid time off
Vision insurance
Shift:
8 hour shift
Ability to commute/relocate:
Fresno, CA 93727: Reliably commute or planning to relocate before starting work (Required)
Work Location: In person