VP Hotel Accounting

Job Description

The Vice President Accounting you will play a pivotal role in overseeing the accounting operations of our diverse hotel properties. You will be responsible for ensuring accurate financial reporting, compliance with accounting standards and driving financial strategies that contribute to the overall success of the organization.

• Oversee the preparation of accurate and timely financial statements for each property as assigned.
• Analyze financial data and trends to provide insightful recommendations to senior management.
• Collaborate with hotel management teams to develop annual budgets and forecasts.
• Monitor financial performance against budgets and forecast, identifying needs for improvement.
• Develop and implement accounting policies, procedures, controls, and safeguards.
• Ensure compliance with accounting principles, standards, and relevant regulations.
• Work closely with auditors to facilitate audits and address audit findings as needed.
• Contribute to the development of financial strategies that align with overall business goals.
• Identify opportunities for cost savings and revenue enhancement across hotel properties.
• Provide strategic financial leadership to the hotel accounting team.
• Lead and mentor team of accounting professionals fostering a culture of accountability and continuous improvement.
• Provide guidance on complex accounting issues.
• Ensure all balance sheet accounts are reconciled monthly.

Remington is a dynamic, growing, independent hotel management company with over 40 years of experience in the hospitality business. Providing top quality service in the areas of property management and condominium hotel management, Remington's track record of success demonstrates a unique understanding of the hotel business in all phases of the economic cycle. Our culture across these disciplines is centered on achieving results.

At Remington, we believe that our people are the ultimate source of our competitive advantage.

• Bachelor's degree in accounting, Finance, or related field, CPA or DMA designation preferred.

• Proficient in MS Office (Outlook, PowerPoint, Word)
• Advanced skills in MS Excel
• Proficient in Oracle Cloud application, Profit Sword.
• PMS / POS experience (Micros Opera, Light Speed, Fosse, OnQ)

• 10+ years of experience in accounting, hospitality accounting experience preferred.
• 5+ years supervisory experience
• Strong knowledge of Hotel Accounting principles, financial reporting, and budgeting
• Experience working with third party ownership groups preferred.
• Strategic thinking with an innovative mindset
• Exceptional leadership, communication, and interpersonal skills
• Ability to manage complex projects and multi-disciplinary teams.
• This role is office-based with standard working hours but may require extra hours during major project phases.
• Travel may be necessary for meetings, conferences, and industry events.