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About the Role
Arlo Hotels, an independent lifestyle hotel, is seeking a dynamic Senior Staff Accountant to assist the Director of Finance in supporting, training, and developing the Finance Department team. This role is responsible for the accounting and financial requirements of the hotel, providing analysis to drive the business forward and ensuring compliance with Arlo Hotels Financial Policies & Procedures.
Responsibilities
- Provide leadership and support to the team in achieving departmental goals and objectives.
- Work with all employees in a professional and courteous manner.
- Ensure the work environment is safe, clean, and organized.
- Build strong relations with other hotel departments and team members.
- Ensure timely dispatch of all reports as indicated on the Reports Schedule.
- Supervise the archiving of accounting records and coordinate the disposition of records listing.
- Ensure that each team member maintains their inventory of records and keeps them up to date.
- Ensure that records are moved to the warehouse when appropriate.
- Maintain accurate accounting records and assist in producing financial reports for the hotel.
- Ensure that the balance sheet is an accurate reflection of the hotel’s assets and liabilities.
- Assist in developing best practices for financial accounting and control procedures.
- Assist in preparing the Annual Plan, various Financial Reports and Analysis, monthly and quarterly forecasts.
- Manage cash flow and maintain the hotel bank accounts.
- Ensure proper use and maintenance of financial IT systems, including adequate security and back-up.
- Analyze daily revenues and audit revenue adjustments.
- Ensure effective communication between the hotel and the client in regards to billing and collection.
- Assist in payroll control, monitoring payroll against forecasted/actualized occupancy.
- Ensure that operating costs are properly managed by department heads in line with forecast and projected revenue to protect GOP.
- Evaluate monthly production reports and monitor results in relation to goals.
- Assist to complete Profit and Loss reviews with all Department Heads.
- Maintain a framework of internal controls to adequately protect assets, liabilities, revenue, and costs.
- Ensure a regular cycle of forecasting takes place and relevant reports are circulated.
- Utilize key performance indicators and benchmarking to assist in the performance of the hotel and identify areas for improvement.
- Ensure collection of payments due to the hotel.
- Assist the Director of Finance in organization and preparation of the Annual Operating and Capital Budget.
- Process Petty Cash vouchers.
- Prepare Accounts Payable reports.
- Check numerical sequence control register.
- Prepare month-end Journal Entries.
- Coordinate internal and external audits and follow up on any issues raised.
- Ensure Journal Entries have all supporting documentation attached or referenced.
- Review latest month-end Trial Balance and investigate any material items not covered elsewhere.
- Check that all clearance accounts are being zeroed out monthly and that no unusual entries appear.
- Review all outstanding purchase orders/requests monthly to ensure their validity and cancel items no longer required.
- Conduct quarterly audits on all Inventory items.
- Conduct audits of accounting team members to ensure jobs are performed in accordance with company policy and submit reports to the Director of Finance.
Requirements
- University Bachelor’s Degree/Diploma or equivalent combination of education and experience.
- 3+ years of experience in a Staff Accountant capacity.
- Previous experience in the Hospitality industry or another accounting role is an asset.
- Excellent communication and organizational skills.
- Strong interpersonal and problem-solving abilities.
Skills
- Knowledge of Opera (PMS), Micros (POS), Microsoft Excel, ADP and Oracle Fusion is an asset.
Location
- New York, NY
Work Type
- Full-time
Experience Level
- Senior Staff Accountant
Education Level
- Bachelor's Degree
Salary/Compensations
- $80,000 - $90,000
About the Company
- Arlo Hotels is an independent lifestyle hotel.