PM Hotel Group · 2 days ago
VP of Accounting | PM Hotel Group
Chevy Chase Village, MD
Full-time
Onsite
Director/Executive
$175K/yr - $200K/yr
10+ years expPM Hotel Group is a Top-15 hotel management company with a diverse portfolio that includes luxury, full and select service hotels across the country. The Vice President of Accounting will oversee all financial, accounting operations and payroll for PM Hotel Group, managing financial reporting, compliance, budgeting, forecasting, and operational controls across multiple hotel properties while providing strategic leadership to drive profitability and growth.
Hospitality
Responsibilities
Lead and direct the accounting team in developing financial strategies, processes, and systems to support the company’s goals
Ensure that accounting policies and procedures are in compliance with GAAP and hospitality industry standards
Provide strategic advice to the CFO and executive leadership on key financial matters, including cash flow management, cost controls, and profit optimization
Oversee the preparation and analysis of monthly, quarterly, and annual financial statements for all hotel properties
Manage aggregation of financial information from various entities, ensuring accuracy and completeness
Present financial results and insights to the executive team, hotel ownership, and other stakeholders as required
Monitor the key performance indicators (KPIs) and financial metrics to track the company’s performance
Lead the preparation of annual budgets for all hotel properties
Work closely with department heads to provide accurate forecasting and track performance against financial goals
Advise on areas for cost reduction and revenue enhancement based on financial analysis
Manage and mentor a team of accounting and payroll professionals, fostering a culture of accountability and excellence
Conduct performance evaluations and provide development opportunities for associates
Lead training efforts to ensure the team stays current with accounting best practices, tax laws, and industry standards
Establish and enforce internal controls to safeguard company assets and ensure compliance with regulatory requirements
Oversee internal audits and external audits, ensuring timely resolution of any issues identified
Monitor and manage tax compliance, ensuring accurate and timely filing of corporate, property, and other tax returns
Develop and implement payroll policies and procedures that align with the company’s financial strategy and compliance requirements
Ensure that payroll processes are efficient, accurate, and scalable as the company grows
Ensure that payroll is in compliance with federal, state, and local tax laws, as well as federal, state and local labor laws, including wage and hour regulations
Evaluate and implement accounting software and technologies to improve accuracy, efficiency, and reporting capabilities
Drive process improvements in accounting workflows, financial reporting, and operational procedures
Qualification
Required
Minimum of 10 years of progressive experience in accounting, with at least 5 years in a senior leadership role in a hotel management or hospitality company
Strong background in managing large-scale accounting operations, financial reporting, and multi-property financials
Proven experience in strategic financial planning, budgeting, forecasting, and analysis
Familiarity with hospitality industry financials, cost controls, and operational challenges
Strong leadership, communication, and interpersonal skills with the ability to work with senior executives, department heads, and external partners
Advanced proficiency in software platforms that manage accounting processes, payroll, purchasing and business intelligence
In-depth knowledge of GAAP, tax laws, financial regulations, and industry best practices
Ability to manage multiple priorities, adapt to changing business needs, and meet deadlines in a fast-paced environment
Preferred
Bachelor's degree in Accounting, Finance, or a related field preferred
CPA (Certified Public Accountant) or CMA (Certified Management Accountant) designation preferred
Company
PM Hotel Group
People-first hospitality. At PM Hotel Group every team member is dedicated to delivering memorable guest experiences.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Ethan Kramer
Chief Investment and Development Officer
Kory Davis
CORPORATE DIRECTOR | NEW BUILDS + TRANSITIONS
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