PM Hotel Group
Accounting Manager | Renaissance Baltimore Harborplace Hotel
PM Hotel Group, Baltimore, Maryland, United States, 21276
Job Category : Admin & GeneralRequisition Number : ACCOU014344Apply nowPosted: July 20, 2024Full-TimeLocations
Showing 1 locationRenaissance Baltimore202 E Pratt StBaltimore, MD 21202, USAThe Accounting Manager is responsible for maintaining the hotel’s financial activities, safeguarding of assets, and preparation of all financial reports in accordance with generally accepted accounting principles and PM Hotel Group standards. In addition, they monitor all hotel sales, purchases, salaries, and expenses; analyze operational financial data and develop recommendations to management team to optimize efficiencies. Establish and audit all internal financial controls, including purchasing, cash handling and disbursements, inventories, and night audit. Assist on reconciliation and billing of city ledger accounts. Perform follow-up billing and credit collection documentation and inform General Manager/Staff Accountant of any potential uncollectible accounts.RESPONSIBILITIES + AUTHORITIES:Always treat guests with courtesy and respect.Display honesty + analyze competitor and market data; build relationships with competitors to gain perspective on position.Be a hands-on do-er and inspirational leader to motivate team members to drive for success and exceed expectations.Build strong relationships with colleagues.Stay up to date with new hotel protocols, staff opportunities, revenue building techniques and other beneficial programs available within the department.SPECIFIC DUTIES:Understand and possess a working knowledge of accounting and finance functions.Good understanding of Month-End Process, including but not limited to preparation of financial statements, accruals, and journal entries, maintain reconciliations for all balance sheet accounts in established corporate formats, and per generally accepted accounting principles.Prepare and coordinate the monthly reconciliations for all balance sheet accounts and all bank reconciliations, ensuring all outstanding reconciling items are investigated and resolved satisfactorily.Perform all daily, monthly, and other periodic accounting and financial reporting in an accurate and timely nature.Participate in the physical inventory counts and the subsequent accuracy of the count, price, and valuation.Assist with month-end adjustment journal entries and balance sheet reconciliations.Prepare periodic vacation and medical deduction audits.Prepare required backup or work papers to provide analysis and control over the balance sheet and P&L accounts and serve the purpose of internal and external audits.Have a working knowledge of all areas in Finance to ensure that coverage can be provided for employees on vacation or leave.Be familiar with the program of records control, security, retention, and disposal according to hotel policy and procedures.Perform any additional duties as assigned by the Director of Finance.Have the ability to direct the efforts, quality, and timeliness of all aspects of the payroll, general ledger, accounts payable, and general cashiering.Assist in researching any discrepancies or problems highlighted by the daily, weekly, and monthly labor productivity reports.Ensure that accurate room revenue is captured, recorded, and posted.Ensure that accurate F&B outlet revenue, Banquet Food and Beverage Revenue, and F&B Miscellaneous Revenue are fully captured, recorded, and posted.Communicate and train properties on Accounting Procedures.Verify the accuracy of night audit work through Excel spreadsheets and web-based applications.Assist properties in the reconciliation and billing of city ledger accounts.Trace all credit card/cash deposits from PMS system to each bank account daily.Research any missing deposits or shortages.WHAT ARE WE LOOKING FOR?Creative I Collaborative I Enthusiastic I People PersonDynamic leaders and self-startersCommunity builderStrong written and verbal communication skillsAble to recruit and establish motivated and skilled workersDemonstration of problem-solving and interpersonal skillsLuxury and independent hotel experience preferredAbility to effectively deal with unsatisfied employees, customers, and clients, some of whom will require patience, tact, and diplomacy to defuse anger and collect accurate information to resolve conflicts.Honesty, integrity, passion for hard work, and success. Detail obsessed. Results-driven.QUALIFICATIONS + SKILLS:Education: Bachelor’s in Accounting or a similar field.Experience: At least 5 years’ supervisory experience in accounting/finance. Previous experience in hotels is preferred. Finally, you have excellent communication skills and are able to positively and professionally communicate directives and guidance to your department.PM is PEOPLE-POWEREDAt PM Hotel Group, we are passionate about fostering an environment that allows our associates to thrive. Creating a culture that emphasizes the importance of respect, teamwork, entrepreneurial spirit, and the drive to succeed, we encourage our associates to express themselves and their unique talents. We celebrate diversity and are committed to equity and inclusion. A top-15 hotel management company, PM Hotel Group, has over two decades of experience building relationships with brands, partners, and third-party hotel owners. We know that our greatest resource is our people, and this people-first mindset is at the heart of our corporate DNA.
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Showing 1 locationRenaissance Baltimore202 E Pratt StBaltimore, MD 21202, USAThe Accounting Manager is responsible for maintaining the hotel’s financial activities, safeguarding of assets, and preparation of all financial reports in accordance with generally accepted accounting principles and PM Hotel Group standards. In addition, they monitor all hotel sales, purchases, salaries, and expenses; analyze operational financial data and develop recommendations to management team to optimize efficiencies. Establish and audit all internal financial controls, including purchasing, cash handling and disbursements, inventories, and night audit. Assist on reconciliation and billing of city ledger accounts. Perform follow-up billing and credit collection documentation and inform General Manager/Staff Accountant of any potential uncollectible accounts.RESPONSIBILITIES + AUTHORITIES:Always treat guests with courtesy and respect.Display honesty + analyze competitor and market data; build relationships with competitors to gain perspective on position.Be a hands-on do-er and inspirational leader to motivate team members to drive for success and exceed expectations.Build strong relationships with colleagues.Stay up to date with new hotel protocols, staff opportunities, revenue building techniques and other beneficial programs available within the department.SPECIFIC DUTIES:Understand and possess a working knowledge of accounting and finance functions.Good understanding of Month-End Process, including but not limited to preparation of financial statements, accruals, and journal entries, maintain reconciliations for all balance sheet accounts in established corporate formats, and per generally accepted accounting principles.Prepare and coordinate the monthly reconciliations for all balance sheet accounts and all bank reconciliations, ensuring all outstanding reconciling items are investigated and resolved satisfactorily.Perform all daily, monthly, and other periodic accounting and financial reporting in an accurate and timely nature.Participate in the physical inventory counts and the subsequent accuracy of the count, price, and valuation.Assist with month-end adjustment journal entries and balance sheet reconciliations.Prepare periodic vacation and medical deduction audits.Prepare required backup or work papers to provide analysis and control over the balance sheet and P&L accounts and serve the purpose of internal and external audits.Have a working knowledge of all areas in Finance to ensure that coverage can be provided for employees on vacation or leave.Be familiar with the program of records control, security, retention, and disposal according to hotel policy and procedures.Perform any additional duties as assigned by the Director of Finance.Have the ability to direct the efforts, quality, and timeliness of all aspects of the payroll, general ledger, accounts payable, and general cashiering.Assist in researching any discrepancies or problems highlighted by the daily, weekly, and monthly labor productivity reports.Ensure that accurate room revenue is captured, recorded, and posted.Ensure that accurate F&B outlet revenue, Banquet Food and Beverage Revenue, and F&B Miscellaneous Revenue are fully captured, recorded, and posted.Communicate and train properties on Accounting Procedures.Verify the accuracy of night audit work through Excel spreadsheets and web-based applications.Assist properties in the reconciliation and billing of city ledger accounts.Trace all credit card/cash deposits from PMS system to each bank account daily.Research any missing deposits or shortages.WHAT ARE WE LOOKING FOR?Creative I Collaborative I Enthusiastic I People PersonDynamic leaders and self-startersCommunity builderStrong written and verbal communication skillsAble to recruit and establish motivated and skilled workersDemonstration of problem-solving and interpersonal skillsLuxury and independent hotel experience preferredAbility to effectively deal with unsatisfied employees, customers, and clients, some of whom will require patience, tact, and diplomacy to defuse anger and collect accurate information to resolve conflicts.Honesty, integrity, passion for hard work, and success. Detail obsessed. Results-driven.QUALIFICATIONS + SKILLS:Education: Bachelor’s in Accounting or a similar field.Experience: At least 5 years’ supervisory experience in accounting/finance. Previous experience in hotels is preferred. Finally, you have excellent communication skills and are able to positively and professionally communicate directives and guidance to your department.PM is PEOPLE-POWEREDAt PM Hotel Group, we are passionate about fostering an environment that allows our associates to thrive. Creating a culture that emphasizes the importance of respect, teamwork, entrepreneurial spirit, and the drive to succeed, we encourage our associates to express themselves and their unique talents. We celebrate diversity and are committed to equity and inclusion. A top-15 hotel management company, PM Hotel Group, has over two decades of experience building relationships with brands, partners, and third-party hotel owners. We know that our greatest resource is our people, and this people-first mindset is at the heart of our corporate DNA.
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