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SOCH MANAGEMENT
MANAGER OF ACCOUNTING
JOB DESCRIPTION

Position: SOCH MANAGEMENT Manager of Accounting

Reports to: SOCH MANAGEMENT President

Requirements: College or higher level education

Minimum 3 years of Accounting Management experience with at least 2 years in the hotel industry

Must be strong leader, self-motivator, team builder

Must be willing and able to sign SOCH MANAGEMENT’s non-disclosure and non-compete agreements

General Responsibilities:

Responsible for the overall development and execution of strategies that will support, strengthen and grow the hotels and organization as a whole including:

• Driving service excellence
• Developing and executing action plans to improve P & L performance
• Working closely with the Director of Operations, Sales, and Human Resources in assessing and driving overall performance
• Maintaining positive owner relationships.

Primary Functions:

• Actively participate on the SOCH MANAGEMENT Strategic Planning Committee.
• Actively participate in and support the process of developing the annual Business Plan for each hotel.
• Direct oversight of all hotels in an accounting capacity and indirectly oversees all property level Controllers.
• Ensure accurate and timely preparation of all financial statements and account reconciliations on a monthly basis; meeting all deadlines.
• Maintain trained staffing of accounting positions at the property level.
• Maintain strong internal control environments at all properties to include maximization of profits, proper controls, optimal productivity and a coordination of efforts towards achieving objectives.
• Drive hotels' financial performance through continuous review and monitoring of hotel monthly and annual results, providing feedback to the appropriate Leadership Teams, and suggesting adjustments when appropriate.
• Create monthly roll up reports for Sr. Corporate Leadership.
• Review cash flows on a monthly basis to ensure accurate and timely receipt/payment of financial obligations, rents, tax credit fees, etc.
• Monitor the cash and working capital position of each asset to ensure acceptable working capital balances are maintained.
• Maintain and update all SOPs for the Hotel Accounting area.
• Support General Managers and the Operations team with thoughtful analytics regarding forecasting, cost control and margin improvement.
• Gain a thorough understanding of the ownership agreements for all properties, including but not limited to, management, partnership, operating and franchise agreements.
• Evaluate and drive standardization and optimization of process, systems, communication and controls at each property for maximized results and efficiencies.
• Develop effective analytical process and culture with comprehensive metrics and reporting processes.
• Ensure coordinated efforts around sharing value-added best practices and procedures.
• Identify potential challenges that could impact the business in the future while taking corrective action on current performance deficiencies
• Oversee the Payroll function and work to improve processes and systems to ensure maximum efficiencies.
• Handle month-end closing, cash flow reporting and intercompany reconciliation.
• Reconcile accounts, resolve invoicing problems, monitor debts collection and liaise with other departments for disputed billings.
• Perform other accounting functions including but not limited to fixed assets inventory and accounts reconciliation.
• Assist with preparation of annual budgets and monthly forecasts.
• Ensure accuracy and quality of financial and management reports.
• Implement and maintain all internal control policies and procedures related to general accounting, accounts payable, revenue control and credit control.
• Work with auditors and tax consultants to ensure compliance with local statutory regulations.
• Contribute to wide range of financial ad-hoc.

Optimum Attributes:

• Willing to take responsibility and accountability for the team.
• Well-groomed and professional appearance.
• Willing to work on weekends and holidays if required.
• Effective communication skills.
• Good listener.
• Emphatic and tolerant.
• Open with praise, discreet with criticism.
• Consistent and congruent.
• Rational, prudent and practical.

Performance standards:

Performance shall be measured by achievement of the:

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• Timely & accurate Federal, State and local tax, regulatory and filing requirements
• Timely and accurate Filing of Period, Quarterly and Annual Financial Reporting

Job Type: Full-time

Pay: $64,480.00 - $70,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Shift:

• 8 hour shift

Weekly day range:

• Monday to Friday

Ability to commute/relocate:

• Fresno, CA 93727: Reliably commute or planning to relocate before starting work (Required)

Work Location: In person