Hotel Accounting Manager

Job Overview

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Employment Type

Full-time
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Compensation

Salary
Range $67,400.00 - $96,900.00
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Work Schedule

Standard Hours
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Benefits

Health Insurance
Dental Insurance
Vision Insurance
Pet insurance
Disability insurance
Paid Time Off
401(k) with employer match
Employee cafeteria
Hotel discount program

Job Description

Koury Corporation, operating under the esteemed Sheraton brand, is a renowned name in the hospitality industry with a rich legacy dating back to 1937. As a global hotel chain, Sheraton takes pride in fostering a diverse and inclusive workplace culture that values every team member's unique contribution. Members of the Sheraton family enjoy being part of a global community that spans over 400 locations worldwide. Sheraton is recognized for delivering engaging guest experiences and thoughtful services, providing a warm sense of belonging to guests and associates alike. The company is deeply committed to equal employment opportunities, ensuring a non-discriminatory work environment across various protected groups including disability and veteran status. This dedication to inclusivity and employee well-being makes Sheraton not just a place to work but a community to thrive in.

The role in focus is an Accounting leadership position within Sheraton’s hotel operations, ideal for candidates with a minimum of 3-4 years of accounting experience in the hotel industry. This role is crucial for supporting the organization’s strategic planning and decision-making functions by analyzing daily audits and monthly financial reports. The incumbent will be instrumental in developing, executing, and implementing innovative policies that strengthen Sheraton's competitive advantage through robust financial and business decision-making. The position demands active engagement with guest groups and business clients to manage accounts and cement strong business relationships while ensuring quick and precise resolution of accounting disputes. Beyond managing daily finances, this role requires implementing sound control systems to mitigate business risks.

Leadership is a key component of this position. The individual will be responsible for leading and inspiring accounting teams by setting clear goals, maintaining high standards of accountability, and exemplifying honesty and integrity in all actions. Effective communication and delegation are vital to ensure team members understand their roles and responsibilities, fostering a motivated and accountable workforce that drives hotel financial success.

Financial oversight responsibilities include supporting property-wide finance strategies, accurately documenting profits and losses, and monitoring cash flow and credit card processing activities. Timely and accurate handling of payables and receivables is also essential to maintain strong financial operations in accordance with contractual terms. The role involves managing projects and policies related to financial reporting and compliance, overseeing internal audit processes, and assisting the Controller in maintaining the accuracy of the Profit & Loss statements.

This role also includes anticipating and fulfilling stakeholder needs by advising senior executives—including the Controller, General Manager, and executive committee—on evolving financial matters. Ensuring a well-trained accounting team is another critical responsibility, promoting cross-training and consistent application of company policies. New team members are oriented and trained thoroughly to perform their roles successfully, contributing to smooth daily operations.

Candidates for this role can expect a rewarding career path with Sheraton, supported by a comprehensive benefits package designed to promote work-life balance and long-term financial security. Benefits include health, dental, and vision insurance, pet insurance, disability coverage, paid time off, a 401(k) with employer matching, access to an employee cafeteria, and participation in the Hotel Discount Program. Sheraton's people-first culture offers not only a job but an opportunity to grow, learn, and connect with a vibrant global community dedicated to excellence in hospitality and employee welfare.

Job Requirements

  • must have at least 3-4 years of accounting experience from hotel industry
  • bachelor's degree in accounting, finance, or related field preferred
  • strong analytical skills
  • excellent communication and leadership abilities
  • proficiency with accounting software
  • ability to work under pressure and meet deadlines
  • attention to detail and integrity
  • prior experience in internal audit processes
  • understanding of financial statement preparation

Job Qualifications

  • bachelor's degree in accounting, finance, or related field
  • minimum of 3-4 years of accounting experience in the hotel industry
  • strong analytical and problem-solving skills
  • excellent leadership and team management abilities
  • effective communicator with strong interpersonal skills
  • proficiency in accounting software and financial reporting tools
  • knowledge of internal controls and audit processes
  • ability to manage multiple priorities and meet deadlines
  • commitment to ethical financial practices

Job Duties

  • analyzes daily audit results and monthly financial reports
  • thinks creatively and practically to develop, execute and implement new policies
  • protects and strengthens our competitive advantage by advocating and supporting sound business and financial decision making
  • interacts with groups and guests to manage accounts and maintain strong business relationships
  • quickly and accurately resolves all accounting disputes with clients
  • implements a system of appropriate controls to manage business risks
  • utilizes interpersonal and communication skills to lead, influence, and encourage others
  • advocates sound financial/business decision making
  • demonstrates honesty/integrity
  • leads by example
  • communicates the goals to subordinates in a clear and precise manner
  • provides excellent leadership by assigning team members clear accountability backed by appropriate authority
  • holds staff accountable for successful performance
  • supports property strategy from a finance and accounting perspective
  • submits reports in a timely manner, ensuring delivery deadlines
  • ensures profits and losses are documented accurately
  • ensures appropriate corrections are made to internal audit results if necessary
  • monitors and reports on daily cash handling accuracy and banking flow
  • ensures steady, accurate, and complete credit card processing and settlement postings
  • reviews internal audit issues to ensure accuracy
  • ensures all payables are processed in timely fashion to ensure vendors are paid within contractual guidelines
  • ensures receivables are managed properly, providing billing to clients in timely manner and proper and timely follow up for payment within 30 days of billing
  • generates and provides accurate and timely results in the form of reports, presentations, interoffice transmittals, etc
  • ensures compliance with standard operating procedures
  • oversees internal audit processes
  • assist controller to ensure that the p&l is accurate
  • understands and meets the needs of groups and guests
  • advises the controller, gm, and executive committee on existing and evolving operating/financial issues when necessary
  • ensures team members are cross trained to support successful daily operations
  • ensures property policies are administered fairly and consistently
  • ensures new hires participate in the department’s orientation program
  • ensures new hires receive the appropriate new hire training to successfully perform their job

Job Criteria

Experience

Mid Level (3-7 years)


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