Accounting Manager

The Chattanoogan
Chattanooga, TN

A property of: Ascent Hospitality Posted 2 days ago

Open to work and wanted to build a career in Accounting, We are looking for a Pro, good at playing with numbers!!

PTO, 401(K) retirement plan, Employee Discount, Employee Advancement Opportunities, Employee Referral Program, Competitive Pay, etc.

Ascent Hospitality has an extensive portfolio of hotels and a strong pipeline of new properties and acquisitions, but we’re not about numbers…we’re about people and that remains our foundation.  Our culture expresses a memorable experience for all of our Team Members and guests alike.  So we’re constantly looking for individuals who work well together for a unified purpose. For our leadership, we’re looking for accomplished individuals with a passion to serve others, strong communicators who clearly understand the needs of others and trendsetters who excel at challenges and change.  If this is what you’re all about, consider joining our Team.

Ascent Hospitality is looking for a uniquely qualified hospitality leader to join our team as an Accounting Manager!

The Accounting Manager is responsible for the financial management of the hotel and supporting the General Manager with coordination, planning and implementation of all related financial activities. The Accounting Manager must demonstrate positive leadership qualities that inspire others to meet and exceed standards.


ESSENTIAL FUNCTIONS:
  • Coordinate all on site accounting functions with the Corporate accounting team
  • Oversee property level month-end closing processes including balancing, timely upload of all month end reports, and reconciliation and accuracy of all ledgers and reports submitted
  • Participate in monthly review of financial statements and review of all general ledger account classifications with Corporate Office, General Manager and other property level managers
  • Perform monthly journal entries, account reconciliations and research on financial questions as directed by Corporate Office
  • Assist with analysis of budget-to-actual fluctuations to explain variances and ensure accuracy of financial results
  • Assist in monthly forecasting and annual budget process
  • Oversee month end inventory calculation and ensure accuracy of physical counts, pricing and related worksheets
  • Oversee all hotel cash handling operations and procedures
  • Ensure cash and credit card deposits are processed and reconciled on a daily basis
  • Provide direction to night audit team to ensure compliance with Company and Brand night audit checklist
  • Audit all Rooms, F&B and ancillary revenue reports to verify accuracy of revenue reported
  • Oversee daily & monthly reconciliation of sales & occupancy tax
  • Process Accounts Payable invoices, verifying accuracy of coding, and submit to Corporate Office weekly
  • Assist General Manager in controlling expenses and maintaining department checkbooks
  • Perform Accounts Receivable functions including proper credit approval, accurate and timely billing, weekly review of aging and collection follow-up
  • Process bi-weekly payroll timely and accurately, including time edits, tip declarations and gratuity distributions
  • Ensure property meets internal and external audit standards as outlined in the Internal Audit guidelines and other Corporate Office communications
  • Providing direction and training to hotel operational team in areas related to financial reports, internal controls, standard operating procedures, expense controls, payroll and Employee Manuals
  • Complies with compliance and ethics Code of Conduct.
  • Maintains compliance with all federal, state, and local employment laws.
  • Perform other analysis of financial data and trends or projects as required by General Manager or Corporate Office
  • Performs other duties as assigned to meet business objectives

SPECIFIC JOB KNOWLEDGE, SKILLS AND ABILITIES: 
  • Strong knowledge of internal controls and financial reporting required
  • Ability to communicate statistical and financial data at the executive and entry level
  • Ability to thoroughly understand and analyze financial statements and cash flows
  • Meet all deadlines as required
  • Excellent written and verbal communication skills
  • Ability to produce results with minimal supervision in a fast-paced environment
  • Strong organizational, problem solving, analytical, and general ledger reconciliation skills
  • Strong attention to detail and ability to perform multiple tasks simultaneously with accuracy
  • Strong working knowledge of Microsoft Office and computerized general ledger systems
  • Knowledge of PMS and POS systems strongly preferred

PHYSICAL DEMANDS: 
  • Must be able to reach overhead and below the knees, including bending, twisting, pulling, and stooping.
  • Must be able to sit for extended periods of time, use arms, vision, hands and legs repetitively; handle, or feel objects, tools, or controls; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee frequently is required to walk, climb or balance, talk and hear.
  • May be required to regularly lift and/or move objects weighing less than or equal to 25 pounds and infrequently lift and/or move up to 50 pounds.
  • Must be capable of effectively using close vision, distance vision, and color vision.
  • Able to operate in mentally and physically stressful situations

QUALIFICATION STANDARDS:
  • BA or BS degree in accounting or finance is preferred
  • Four years' experience in the hotel industry preferred
  • Hilton PMS (OnQ) experience is preferred
  • M3 Experience is preferred
  • Profit Sword experience is preferred
  • Strong organizational skills and attention to detail are expected.
  • Must be highly organized
  • Positive attitude and ability to work with and lead others

EEO Employer

Compensation: 45k-55k (commensurate based on the background and experience of the candidate)

The Chattanoogan

Our Hotel

The Chattanoogan hotel is the ideal setting for memorable vacations, special occasions, superior meetings and business travel. Located in the heart of downtown Chattanooga with spectacular views of Lookout Mountain, the upscale hotel has 198 upscale guest rooms and suites, three outstanding dining establishments, a full-service spa and 25,000 square feet of IACC-certified meeting space.

The recipient of numerous awards and accolades, The Chattanoogan features superior service, elegant décor, upscale amenities and state-of-the-art conference facilities.  The hotel is conveniently located within a two-hour drive from many Southeastern cities, including Atlanta, Nashville and Birmingham. 

Address 1201 Broad Street, Chattanooga, TN 37402
Property Type Hotel
# Jobs 4
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