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Accounting Manager - Hospitality

Company: Omni Hotels & Resorts
Location: New Haven
Posted on: May 11, 2024

Job Description:

Overview:New Haven HotelLocated in downtown New Haven and just steps away from the prestigious Yale University, the Omni New Haven @ Yale University surrounds you with luxurious comfort and unparalleled service. The Omni Hotel stands out within New Havens skyline. Enjoy breathtaking views from our guest rooms or John Davenports Restaurant located in the 19th floor overlooking the Yale Campus.Come join our award winning team at the only 4-diamond hotel in New Haven where youll experience a rewarding and fostering work environment!Job Description:Hotel with Payroll administration. To supervise, monitor and review on all site accounting activities including account reconciliation, accounts receivable, credit management and the monitoring of operations systems and procedures and control features. Maximize hotel's cash flow earnings through aggressive credit and collection policies.Responsibilities:Responsible for complete training of staff for job duties of the following positions: Accounts ReceivableCoordinate all on site accounting functions with the Director of Finance. Act as liaison for all corporate accounting requests.Work closely with all departments to come up with solutions to Systems & Controls problems.Complete all general ledger and bank reconciliations as directed by Director of Finance.Complete the treasury and credit card reconciliation properly and timely.Ensure a timely month-end close.Produce accurate financial statements.Prepare Balance Sheet analysis as directed by the Director of Finance.Provide Accounts Receivable monthly status reports to the Director of Finance, EOC and Corporate Accounting Team.Ensure the effective management of Accounts Receivables to minimize the risk of extending credit and to generate and establish a sufficient cash flow base.Responsible for ensuring the timely billing of all direct bill accounts with complete backup and accurate invoices.Responsible for reviewing and authorizing all rebates, credits and rebilling for direct bills, credit cards and cash accounts to ensure protection of company assets.Ensure all guest disputes and requests for clarification is resolved and/or responded to in a timely manner.Ensure an effective tracking system for all rebates/adjustments.Manage hotel's credit and collection function.Utilize all available resources to increase accounts receivable turnover, speed collection period, and minimize accounts receivable balance throughIncrease communication with all involved parties in the credit process (Sales and Catering, Reservations, Front Desk).Reference and approve all credit applications. Applications for over $3,000 are to be presented to the Director of Finance.Hold monthly credit meetings.Familiarization with state sales tax laws and tax exempt status reporting.Review and examine check out with balance accounts, daily to ensure and enforce hotel's credit policy.Produce the daily labor productivity report.Qualifications:Bachelors degree in AccountingMinimum of 2 years of relevant accounting experienceProficiency in general ledger accounting including preparing, reading, interpreting and analyzing financial statementsStrong excel skills requiredGood verbal/written communication skillsAttention to detail and excellent organizational skillsEnd of Job Description: #IND123by Jobble

Keywords: Omni Hotels & Resorts, New Haven , Accounting Manager - Hospitality, Executive , New Haven, Connecticut

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