What are the responsibilities and job description for the Senior Accounting Manager position at Rittenhouse Hotel?
Overview
Opportunity: Senior Accounting Manager
Manage and guide property accounting processes within the portfolio, with the main objective of preparing timely and accurate financial statements in accordance with generally accepted accounting principles (GAAP) and established standards. Provide training to property accounting professionals to achieve highest level of financial compliance in regards to company accounting policies and procedures.
Potential Career Path
Property Assistant Director of Finance/Controller – Property Director of Finance/Controller – Regional Director of Accounting
Essential Job Functions
- Review the monthly balance sheet packs of decentralized properties to ensure the timely and accurate preparation of accounting records and financial statements to review with the V.P. of Finance and then develop a standardized report of any issues or concerns to the property Controller/Director of Finance.
- Develop and implement procedures and necessary training to promote the efficient, effective and timely completion of accounting activities by decentralized property accountants.
- Each Month review all Non Hersha Trust and Starwood capital group cash flow forecasts for reasonableness and then review with the V.P. of Finance prior to submission to ownership. At times this may require the preparation of the cash flow forecasts and in addition may require providing training for the decentralized Controller/Director of Finance or Centralized Staff Accountant.
- Perform on-site task force assignments during lapse of coverage within accounting teams. In addition support regional accounting teams as deemed necessary due to turnover/PTO.
- Handle day to day requests from property Controllers and on-property staff.
- Provide financial analysis as required for individual properties or hotel portfolios.
- Assist with hotel transitions in and out of the portfolio and on-boarding/training of property teams in accounting disciplines.
- Assist with both internal and external audits to ensure complete, timely and accurate responses to information requests.
- Work closely with Regional Directors of Accounting, Controllers and the Vice President of Financial Services to ensure effective coordination of activities between Accounting and Operations.
- Provide oversight of records management including organization and coordinate destruction of records as necessary.
- Ensure compliance and satisfaction of all government, company, franchise and ownership requirements throughout job performance.
- Follow sustainability guidelines and practices related to HHM’s EarthView program.
- Practice safe work habits, wear protective safety equipment and follow MSDS and OSHA standards.
- Perform other job related duties as requested by management.
Position Requirements
- Bachelor’s degree in accounting or finance required.
- Expertise in Solomon/BI360/BirchStreet with the ability to train others.
- Previous cash flow forecasting experience required.
- Experience administering web-based training preferred.
Work Environment and Context
- Requires sitting for extended periods, use of hands and fingers to operate computers and keyboards.
- Occasional travel is necessary.
What We Believe
People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It
About Us
Exquisite Location of this Downtown Philadelphia HotelThe Rittenhouse Hotel is the most prestigious Philadelphia Pennsylvania hotel address. Consistently recognized not only as the premier choice of five-diamond Philadelphia luxury hotels, The Rittenhouse is also ranked among the world´s finest places to stay. Featuring all of the unique historic charm and residential ambience of Rittenhouse Square, our Philadelphia luxury hotel is convenient walking distance from major museums, cultural attractions, world-class shopping, and the business district. Experience the luxury of five-diamond service and accommodations at the premier choice of Philadelphia Pennsylvania hotels.
This property is a part of the Echelon Luxury & Lifestyle division of HHM Hotels.
HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.
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