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Accounting Manager

posted January 30, 2020

Hyatt Place & Hyatt House Denver/Downtown
Denver, CO
Looking for passionate hospitality professionals. "Passion Works Here"
647772 l

About This Job


 Prior accounting experience is preferred.  

SKILLS • Understanding of hotel accounting processes including AP, AR, GL, and cash. • Understanding of Front office accounting processes including PMS, POS, Guest Ledger, and Audit. • Understanding of Accounting Standard Operating Procedures (SOPs) and Internal Control Best Practices.  • Strong analytical abilities. • An intermediate ability to use standard software applications and hotel systems. • Strong skills in problem solving, and organization. • Knowledge of overall hotel operations as they affect the accounting department Understanding of purchasing and inventory controls. • Ability to troubleshoot technology related issues. • Effective decision making skills. • Ability to influence department managers in procedural issues & requirements

SUMMARY The Accounting Manager will oversee the daily operation of the Accounting office. Primary responsibilities include timely completion of required accounting tasks per the White Lodging Best Practices, audit and control, financial analysis, working capital, and cash controls.
RESPONSIBILITIES • Oversees the AP, AR and Cash functions. • Ensures compliance with all Generally Accepted Accounting Principles (GAAP) and the Uniform System of Accounts for the Lodging Industry (USALI). • Maintains a strong accounting & operational control environment to safeguard assets, improve operations and profitability and manage business risks. Ensures compliance with all appropriate and required Standard Operating Procedures (SOPs). • Supports the implementation of the property’s annual business plan. Generates and reviews financial reports that are linked to the plan’s financial goals. • Attends critique meetings to review information with management team. • Counsels the Hotel General Manager on existing and evolving operating/financial issues. • Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors. • Leverages technology and effectively uses information systems and tools to generate financial reports and provide managers with analytical support to drive decision-making. • Reviews audit issues and makes corrections as necessary. • Reviews the P&L for accuracy. • Establish procedures with the GM to ensure department managers are accountable for Standard Operating Procedure (SOP) compliance. • Monitors systems to ensure accuracy of data (e.g., outlet menu prices) and support the achievement of revenue goals. • Ensures tax rates used for sales/use tax are current and proper amounts are collected and/or accrued. Documents tax exempt transactions. • Ensures hotel permits, licenses and if applicable vendor contracts are current. • Performs other duties as assigned to meet business needs.

Compensation: 50,000


About This Employer

Hyatt Place & Hyatt House Denver/Downtown

440 14th Street
Denver, CO 80202

(303) 893-2900

361 Room Hotel

Managed by

Our Hotel

Downtown Denver’s only Hyatt Place Dual hotel brings you the modern conveniences and smart accommodations you expect from Hyatt. Be within walking distance of the Colorado Convention Center, the free 16th Street Mall Ride and the Central Business District. You’ll appreciate our free daily hot breakfast, Wi-Fi and our 24/7 StayFit™ Gym. And you’ll also have the benefit of our unique connection to Hyatt House and its offering of suites and amenities that are perfect for extended-stay travelers.

What Our Guests Love:
  • Only Hyatt Place in Downtown: Take a look at our hotel photos and you’ll see the unique, modern styles of our lobby art, Coffee to Cocktails Bar, guestroom designs, pool and StayFit™ Gym
  • Comfy rooms with a Cozy Corner: Our hotel rooms feature open spaces with separate living and sleeping areas as well as our Cozy Corner sectional sofa-sleeper
  • Wake up to free hot breakfast: Daily a.m. Kitchen Skillet™ serving up a delicious morning meal with breakfast sandwiches, waffles, French toast, oatmeal, fresh fruit, and more
  • The ideal downtown Denver location: Stay just two blocks from the Colorado Convention Center and other attractions, including 16th Street Mall, Denver Center of Performing Arts, Denver Arts Museum and the McNichols Civic Center Building
  • A unique dual-branded hotel: Take advantage of additional amenities in the connecting Hyatt House, which offers spacious suites and more conveniences for extended-stay travelers visiting on business or family vacations