Corporate Director of Accounting

Title: Corporate Director of Accounting

Location: Arbor Lodging Corporate Office, West Loop, Chicago, IL (onsite)

Reports to: Chief Executive Officer

Arbor Lodging is a leading hotel investment and management company with a growing portfolio of hotels throughout the United States, Mexico, and the Caribbean. We have been entrusted by numerous partners and are approved managers for Marriott, Hilton, Hyatt, and IHG. Our service ethos is proactive and holistic, fostering an environment where guests feel truly welcomed and supported at every interaction. Our culture is people-focused, data-driven, and results-oriented.

This position will be located onsite in the Chicago Corporate Office in West Loop.

Summary:

The Corporate Director of Accounting will play a pivotal role in overseeing financial planning, reporting, and intercompany accounting across multiple entities. This position entails managing key accounting activities, ensuring financial compliance with internal and external policies, and ensures accuracy of AP/AR and treasury functions, including bank reconciliation and loan payments. The Corporate Director of Accounting will work closely with the executive team to enhance accounting processes, maintain accurate financial records, and support overall business operations. This role reports directly to the CEOs of Arbor Lodging.

Duties & Responsibilities:

• Partner with executive leadership to lead and manage annual budgets, as well as collaborate to develop financial forecasts.
• Develop and maintain practices and procedures to ensure accurate and timely financial statements.
• Prepare accurate monthly, quarterly, and annual financial statements and reports.
• Manage a multitude of accounting activities, including Accounts Payable, Accounts Receivable, bank/balance sheet reconciliations, and financial report preparation.
• Monitor and enforce accounting policies, procedures, and internal controls to safeguard company assets.
• Ensure compliance with local, state, and federal government reporting requirements and tax filings.
• Manage and review management fees, intercompany, and asset management fees across various entities.
• Manage funds transfers, loan payments, and treasury functions across entities.
• Review all corporate expense submissions to ensure transactions comply with corporate policies

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field
• A minimum of 7-8 years of accounting experience, preferably in hospitality or related industry
• Proficiency in accounting software and Microsoft Office Suite, with advanced Excel skills
• QuickBooks experience preferred
• Effective management, leadership, organizational, interpersonal and communication skills

Benefits:

• Competitive salary
• Annual review with increase potential
• 401k program with company match
• Additional benefits may be available

Arbor’s Guiding Principles:

Arbor Lodging focuses on Five Guiding Principles to foster a culture where growth, development, and progression thrive within the properties:

Do the Right Thing - Operate and act with integrity in all you do even when it is not convenient.

Lead with Heart - Be kind, passionate and hospitable.

Be Accountable - Take ownership and deliver results.

Aim Higher - Go above and beyond to exceed expectations and pursue thoughtful change.

Celebrate Differences - Embrace diversity; respect individual opinions and ideas.

Pay is based upon several factors including but not limited to local labor markets, education, work experience, certifications, etc. We comply with all minimum wage laws as applicable. In addition to your annual salary, we offer a comprehensive benefits package, and 401k contributions (all benefits are subject to eligibility requirements).

Arbor Lodging Management provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Arbor Lodging Management complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.