HVMG - Hospitality Ventures Management Group · 4 hours ago
Area Accounting Manager
Louisville, KY
Contract
Onsite
Entry, Mid Level
2+ years expHVMG - Hospitality Ventures Management Group is seeking an Area Accounting Manager to maintain the financial health of their hotel operations. The role involves supporting General Managers in financial statement preparation, resolving accounting issues, and ensuring compliance with accounting standards.
HospitalityHotel
Responsibilities
Resolve accounting issues and communicate proper procedures to hotels and to the centralized accounting staff
Work with internal and external auditors to complete audits as needed
Reviews, analyzes, modifies, and implements efficient and effective general accounting processes
Ensure all monthly Hotel Financial Statements are prepared in accordance with standards, reviewed for accuracy, and distributed in a timely manner
Review Profit & Loss Statements for accuracy. Review and research any entries or results that appear inaccurate, unexplained, or that creates significant variance with planned or historical results
Produce monthly financial reports in accordance with Hotel Management Agreement and HVMG established deadlines
Assist Regional Controller with research as it relates to requests made by owners and other key stake holders
Work with takeover teams for the smooth transition of new properties into the system. This includes but is not limited to verifying accuracy of mapping, review of inherited balance sheet and bank accounts and bringing any open or unresolved issues to the Regional Controller within the first 90 days of transition
Work with Staff accountants to review and prepare monthly Balance Sheet reconciliations. Ensure reconciliations are accurately completed, fully supported and can be explained to key stake holders. Post adjusting entries related to reconciliations in a timely manner
Produce weekly and monthly cash forecasts, ensure hotel has adequate funds at all times
Review all accounts payable invoices at hotel level for reasonableness and accuracy before posting
Review payroll upload files at hotel level for accuracy before posting
Assist Regional Controller with fixed asset additions for proper coding and update depreciation schedules
Prepare and process for payment, all operational tax returns for the hospitality operations within their portfolio; Sales, Use, Transient Occupancy, Telecommunications, etc. All payments and reports must be paid and filed in accordance to the local municipalities deadlines to avoid late fees or penalties
Work with the properties to maintain a Critical Date List database of all licenses, business permits, contracts, leases, and other legal obligations to ensure all are current and maintained in accordance to the appropriate documents. Monitor list quarterly to ensure there are expiring license or permits. Follow up with properties as needed
Reconcile CAM fees on an annual basis and communicate to tenants, ownership and third party managers any required changes
Review credit card fees and bank fees for reasonableness
Review credit card chargebacks on a monthly basis for reasonableness
Implement annual property review procedure with GM’s to assure proper front office and POS system collections for sales and occupancy taxes
Identify, resource, lead and solve opportunities within the team and across the key systems to make accounting functions and processes more efficient for the company. These opportunities will (a) be within the SageIntacct, ProfitSword, Sharepoint and other related platforms, (b) involve cost-effective outsourcing, process mapping and reengineering, and training delivery of identified accounting processes and tasks, (c) require becoming the company’s subject matter expert on one or more accounting topics, and (c) benefit corporate or property-level accounting tasks
Approach all encounters with clients and team members in a friendly, service-oriented manner
Maintain regular attendance in compliance with HV standards, as required by scheduling, which may vary according to the needs of the Accounting Department
Maintain high standards of personal appearance and grooming
Comply at all times with HV standards and regulations to encourage safe and efficient operations
Maintain a friendly and warm demeanor at all times
Qualification
Required
Bachelor's Degree from a four-year college or university with a degree in business required, preferably in finance or accounting or an equivalent combination of education and experience
2 to 5 years of hospitality industry experience either corporate/ regional or on-property related experience and training in the hospitality industry; Experience in closing multiple hotels in a centralized environment using Sage Intacct, or equivalent systems
Eligible to work in the United States
Ability to read, write, and communicate effectively in English
Ability to sit, stand, bend, kneel, and lift as required—with or without reasonable accommodations
Availability to work a flexible schedule, including evenings, weekends, and holidays if needed
A warm, professional demeanor that reflects HVMG's Culture of Excellence
Experience with Sage Intacct, ProfitSword Suites, and Hotel Effectiveness
Extensive knowledge of financial statement preparation, accounts payable, payroll, and income audit back-of-house hospitality systems
Strong knowledge of Generally Accepted Accounting Principles
Ability to define problems, collect data, establish facts, and draw valid conclusions
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to write reports, business correspondence, and procedure manuals
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Benefits
Career growth opportunities across our nationwide portfolio
Flexible scheduling (full-time and part-time options)
Access up to 40% of your earned wages before payday with PayActive
Paid Time Off (PTO) and Paid Holidays
Full healthcare benefits: medical, dental, and vision
401(k) with guaranteed 4% match and no vesting period
Exclusive hotel and food & beverage discounts
Company
HVMG - Hospitality Ventures Management Group
HVMG sets the hospitality industry standard of excellence as an employer, operator, and trusted partner.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Robert Cole
President & CEO
Richard Jones
Executive Vice President and Chief Operating Officer
Recent News
Seattle TechFlash
2025-09-15
Seattle TechFlash
2025-06-24
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