What are the responsibilities and job description for the Manager, Revenue Accounting position at The Leading Hotels?
The Manager, Revenue Accounting for the end-to-end contract to cash cycle, with a heavy emphasis on technical revenue recognition skills, data analytics, risk control and our customers' experience. You will be reporting directly to the Senior Manager of Global Accounting with exposure to senior executives. Opportunity to grow within the organization.
This is a full-time position, based in New York City. We have a hybrid work model; the Manager, Revenue Accounting is expected to report to the NYC office 2 days per week.
Day to Day :
- Establish and maintain appropriate company revenue recognition policies, procedures, and internal controls to ensure revenue is properly recorded and reported in accordance with ASC 606
- Streamline existing policies, processes, controls, and recommend value-adding changes; initiate, assist, and implement automation whenever or wherever possible to scale for growth
- Oversee a team of two with responsibility for the accuracy and completeness of all monthly billing and revenue entries including the preparation of all balance sheet and income statement reconciliations in accordance with monthly close calendar
- Manage and mentor a strong team of accounting professionals through clear communication of goals and career development
- Oversee the international collection process by implementing collection strategies, improving DSO and updating the bad debt analysis as needed
- Create, develop, and maintain key revenue reporting including relevant reconciliations, flux analysis, disaggregation of revenue reports and working with FP&A on revenue budgeting and forecasting
- Perform technical research and consult with management and the external auditors to ensure that proper accounting treatment is applied and documented
- Consider implication of new accounting pronouncements on current policies and provide support on adoption of such standards
- Work with the cross-functional team on new business arrangement, revenue modeling, pricing strategy and revenue recognition considerations
The ideal candidate will have :
Compensation
Expected Salary : $100,000-120,000
Target Incentive bonus : 10%
Benefits
The Leading Hotels of the World fosters a high-performance culture and generously rewards its employees for their contributions. Here is just a preview of the benefits we offer :
About The Leading Hotels of the World, Ltd. (LHW)
Comprised of more than 400 hotels in over 80 countries, LHW is the largest collection of independent luxury hotels. In 1928, 38 independent hoteliers came together to create LHW. Since then, the Company has carefully curated distinctive hotels, resorts, inns, chalets, villas, and safari camps from the snow-capped Alps of Europe to the African veldt, to share them with adventurous souls who seek the remarkably uncommon. The LHW community is filled of exceptional individuals, united by a passion for the surprising discoveries and details that come with every experience. LHW's collection covers the globe and promises a broad range of destinations and uncommon experiences, enhanced by LHW's tiered guest loyalty program Leaders Club. From converted former palaces, and countryside retreats run by the same families for generations, to gleaming skyscrapers in dynamic urban centers, serene private island escapes, glamorous tented camps - and beyond - explore, find inspiration, and experience unforgettable travel moments. For more information visit : www.lhw.com, Facebook at @LeadingHotels, Twitter at @LeadingHotels and Instagram @leadinghotelsoftheworld
LHW is an equal opportunity employer. LHW does not discriminate on the basis of religion, race, creed, color, national origin, sex, age, disability, handicap, veteran status, sexual orientation, genetic information or any other applicable legally protected category.
Salary : $100,000 - $120,000
