Director of Hotel & Restaurant Accounting

Full-Time

As part of�Sage Hospitality Group�, we passionately strive to be the best and create excellence in everything we do. We believe in enriching lives one experience at a time. More than a slogan, we empower our employees to make positive impacts on the communities in which we live and work. By providing genuine service we build relationships with our guests and value for our shareholders, and we create unforgettable experiences.

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We are looking for independent thinkers. Those who harness their entrepreneurial spirit so that it breaks preconceived notions. We’re not afraid to forge our own path. After all, it’s what industry leaders do. That’s why we welcome risk takers and creative spirits alike. No matter your daily role, Sage recognizes that your success is about more than the work you do—it’s really about who you are, which is why we invest in your personal and professional growth. We hope you consider joining us!

This position directs the finance and accounting support activities for all of Sage’s hotels in the shared service/centralized accounting environment.� The position will be responsible for directing efforts of the team in implementation of standard operating procedures and processes for the shared service accounting functions. This position will supervise Managers Senior Accountants of Shared Service Accounting who are assigned specific portfolios of properties.�

ESSENTIAL RESPONSIBILITIES

• The position is responsible for producing and ensuring that financial results are reported accurately in accordance with USALI, GAAP and internal Sage accounting policies.
• The Director of Hotel Restaurant Accounting must have a good working knowledge of the contractual requirements related to their properties and how the terms of the agreements apply to particular transactions.
• The Director of Hotel Restaurant Accounting is responsible for determining and prescribing accounting treatment on more routine transactions and will recommend accounting treatment for more complex transactions.
• This position will identify problems/issues with the financial statements and work closely with hotels, owners, and other internal departments to resolve issues in a timely manner.
• Ensure all tax filings (monthly/quarterly/annual) are completed accurately and filed on time.
• Work with team to meet five-day close deadline and ensure all reporting is published and available to the appropriate internal and external teammates.

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Accounting Standard Compliance/Asset Management:

• This position will ensure standard accounting procedures are implemented and complied with for all properties in the shared service environment. These include compliance with standards in the areas related to financial statement preparation, including bank and balance sheet reconciliations, fixed expense reporting, sales tax preparation payment, accounts payables and cash management.�
• This position will help look for opportunities for efficiencies in systems and processes as more properties move into shared services.
• This position will serve as a primary and/or secondary contact for the owners on all financial issues related to hotels.
• This person should have a good working knowledge of the financial impact of all contracts associated with the assigned hotels. These contracts could include management agreements, franchise agreements, and debt agreements.�
• This position will be responsible for ensuring that Sage is in compliance with the terms of the applicable agreements, that risks associated with the contracts are assessed and minimized, and decisions are evaluated against these contracts.
• Consistent with the terms of the pertinent legal agreements, this position will determine the cash position based on historical operating results as well as forecasts. This position will recommend to their supervisor whether to do a cash call or cash distributions and the status of incentive fees the manager is eligible for, based on this analysis.�
• This position will provide support on external audits conducted on their and/or their team’s assigned properties. This may involve preparing audit schedules and ensuring all audit reports are correct and complete.

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Budgeting/Forecasting:

• This position will assist the VP in all budget and forecast issues related to their assigned hotels.
• When the budgets/forecasts are preliminarily completed by the hotels/SVPs, this position will assist the VP in reviewing the budgets/forecasts as needed.

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Decision Making Responsibilities:

• This position will perform routine responsibilities with no supervision or review.
• For non-routine decisions, this position should make recommendations to their supervisor and then execute the appropriate action.

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OTHER RESPONSIBILITIES

• All other duties as assigned, requested or deemed necessary by management.

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SUPERVISORY DUTIES

Directly supervise 2-3 associates indirectly 6-10 associates (total team of 7-10).

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BEHAVIORAL FOCUS

At Sage, we pride ourselves on the behaviors that build our culture and help associates perform in their positions. We value integrity, performance, team spirit, growth, delivering extraordinary guest experiences, and engaging in our communities. We have also outlined specific competencies that contribute to success at Sage. Please review our competency models to understand the behaviors expected of different levels in the organization (you may find these models in our learning management system).

Education/Formal Training

BS or BA in Accounting.

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Experience

At least 7-9 years of experience in a related field.�

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Knowledge/Skills

• Strong hotel accounting skills that can be applied across of variety of properties.
• Experience in setting standards and developing procedures and ensuring compliance with these procedures.
• Strong analytical skills and ability to apply effectively to practical solutions.
• Strong organization and time management skills.
• Able to anticipate problems and manage multiple deadlines.
• Excellent written and oral communication skills.
• Interpersonal skills to effectively work with all levels of the company.
• Proficient in Excel, Word, Proftsword, and M3.

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Physical Demands

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Lifting, pushing, pulling, carrying -limited lifting, pushing, pulling, carrying up to 15-20 lbs. Generally boxes, computer equipment.
• Bending/kneeling -limited bending/kneeling required when arranging supplies or equipment.
• Mobility -limited mobility between offices and departments.
• No continuous standing, climbing or driving.
• Ability to train and interact with management and associates.
• Ability to read reports, computer, etc.

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Environment

95% indoor office environment

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This position description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the associated with the position. May perform other duties as assigned.

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