Regional Accounting Manager

What's in it for you...

• Hotel discount at locations worldwide!
• Paid time off and holiday pay incentives!
• Professional development and promotion opportunities!
• 401(k) available for all associates!
• Full benefit options available!
• Health benefits kick in Day 1!

About this job…

The Regional Accounting Manager is responsible for all aspects of accounting and reporting of at least 15+ full and/or select service hotel properties, working closely with a team of 2-3 property accountants. This position reports to the VP Accounting and will work closely with their assigned property level teams.

To foster connection and collaboration, this role follows a hybrid work schedule with four in-office days per week. One remote day may be offered, subject to departmental needs and leadership approval.

What you’ll be doing…

• Develop and supervise a team of 2- 3 property accountants including training, directing and reviewing work, managing schedules and administering performance reviews.
• Responsible for ensuring the accounting tasks are performed accurately and timely for month-end close and as necessary for other transactions (debt service, renovations/capital, etc.). The financial statements are maintained on either a GAAP basis or the income tax basis of accounting.
• Identify and implement internal control procedures to ensure proper segregation of duties and the safeguarding of company/owner assets.
• Manage all aspects of cash flow including reporting and projecting weekly cash requirements, processing vendor payables, payroll, debt service and other such tasks.
• Perform Treasury management tasks in on-line banking portal to initiate electronic payments and banking activity.
• Responsible for ensuring monthly agency taxes are computed and reported accurately and timely. Coordinate and manage any tax audit engagements, analysis and resolution of audit findings and proposed tax assessments.
• Support and engage Operations Group in identifying and resolving challenges and delivering maximum efficiency in the accounting and finance functions.
• Identify and analyze lease transactions for proper accounting treatment.
• Assist, manage and track capital assets from purchases and/or in-house renovation projects. Establish and track depreciation.
• Support annual audit providing necessary data and explanations requested by auditors.
• Assist in the development of annual budgets.
• Compile statistical, financial, accounting and auditing reports
• Read, report and analyze cash receipts, expenditures, profits and losses
• Comply with federal, state and company laws, policies and regulations

Success Factors…

Experience & Education:

• Bachelor’s Degree in Accounting and/or Finance required; CPA license preferred
• 4+ years accounting experience in a managerial capacity required
• Effective leadership skills with the ability to hire, train, coach, guide, reward and develop staff-- with emphasis on continuous improvement in guest service quality.
• Ideal candidate will possess exceptional organizational skills, including effective task delegation, time management and the ability to manage multiple priorities in a fast-paced environment.
• Strong skills for analysis and problem-solving.
• Strong administrative skills, to include business writing, mathematics for basic accounting and knowledge of Microsoft Office programs.

Communication:

• Exceptional verbal and written communication skills, including electronic communication
• Must have strong diplomacy and communication skills, with the ability to build effective relationships with senior managers, team members and guests.
• Advanced proficiency in Microsoft Office products
• Must be able to speak, read, and write in primary language used in the workplace

About First Hospitality…

Founded in 1985 and based in Chicago, First Hospitality is a forward-thinking best-in- class hotel development, investment, and management company. First Hospitality’s strategic vision is to create value for all through excellence and an openness to doing things differently. First Hospitality is a certified Great Place to Work (July 2023 - July 2025). We believe this is because of strong commitment to our associates and our guests.

First Hospitality seeks to attract and retain a high-performing and diverse workforce in which employee’s differences are respected and valued to better meet the varying needs of the customers we serve. FH fosters an inclusive work environment that promotes collaboration, flexibility, and fairness. Equal Opportunity Employer.