Accounting Manager in Seattle, Washington at Embassy Suites Seattle-Tacoma Airport

Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the hotels established guidelines. Monitors and controls Hotel’s cash flow and operating forecast.Creates annual budgets and monthly variance analysis. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items.Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operationsTimely reviews and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations. Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.Successful completion of all internal and external financial audits, including delivering information requested by auditors on a timely basis.Hire, train, supervise and develop staff, including coaching, counseling and discipline.Maintain compliance with hotels’ standards and regulations to ensure safe and efficient operation of the hotel.Directs or prepares all financial reports in accordance with hotels requirements, meeting various due dates and deadlines.Report responsibility - Weekly: A/R & A/P Aging, Flash Reports, Payroll Reports, Revenue UpdatesReport responsibility - Monthly: Financial Statements, Forecasting Key Statistics Report, Cash FlowReport responsibility - Annual: BudgetsTimely interacts with Executive Committee members to assure that property operations are on track and under control at all times.Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly.Monitor the accurate production of the hotel daily operating report.Executes other special projects and responsibilities as assigned.