Financial Accountant

Roles and responsibilities

How does your working day look like …

• Prepare and analyze monthly, quarterly, and annual financial statements.
• Manage the hotel's accounts payable and receivable functions.
• Conduct internal audits to ensure accuracy and compliance with financial policies and regulations.
• Develop, implement, and monitor budgets and forecasts.
• Maintain accurate and up-to-date financial records.
• Perform financial analysis and reporting on operational performance.
• Coordinate with department heads to ensure accurate financial reporting and budget adherence.
• Manage payroll processing and ensure compliance with relevant laws and regulations.
• Reconcile bank statements and manage cash flow.
• Ensure compliance with all local, state, and federal financial regulations.
• Assist in the preparation for external audits and liaise with external auditors.
• Provide financial insights and recommendations to senior management to support decision-making.
• Implement and maintain internal controls to safeguard the hotel's assets.
• Monitor and analyze financial data to identify trends, discrepancies, and opportunities for improvement.
• Participate in strategic planning and provide financial input for business development initiatives.
  

QualificationsYour personality counts more than your CV …

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA certification preferred.
• Minimum of 3-5 years of accounting experience, preferably in the hospitality industry.
• Strong knowledge of accounting principles and financial regulations.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to manage multiple tasks and meet deadlines.
• Excellent communication and interpersonal skills.
• Strong organizational and time-management abilities.
  

Additional InformationWhat's in it for you …

• Get to know all the other 25hours hotels and stay ten nights a year for free as an employee!
• Take advantage of being part of Ennismore and get generous discounts when visiting our bars and restaurants as well as booking hotel rooms all over the world.
• Benefit from great offers from our numerous cooperation partners.
• Be part of our hilarious staff parties and much more.

• Financial Reporting

  • Preparation of Financial Statements: Preparing accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with accounting standards (e. g. , IFRS, GAAP).
  • Month-End and Year-End Close: Managing the month-end and year-end closing process, ensuring all financial transactions are properly recorded and reconciled.
  • Compliance: Ensuring all financial reporting complies with relevant accounting principles, tax laws, and regulatory requirements.

• General Ledger Management

  • Recording Transactions: Maintaining and updating the general ledger, ensuring that all financial transactions are recorded accurately.
  • Account Reconciliation: Reconciling balance sheet accounts and resolving discrepancies between ledgers and financial records.
  • Journals and Adjustments: Making journal entries for accruals, prepayments, and adjustments to ensure the integrity of financial statements.

• Tax Compliance and Reporting

  • Tax Filings: Preparing and submitting tax returns (e. g. , VAT, corporate tax) and ensuring compliance with local, state, and federal tax laws.
  • Tax Planning: Assisting in tax planning and advising on ways to minimize the organization's tax liability through legal means.

• Financial Analysis and Budgeting

  • Budget Preparation: Assisting in the preparation of annual budgets and forecasts, working closely with other departments to gather relevant data.
  • Variance Analysis: Analyzing actual financial results against budgets and forecasts, identifying any variances, and providing explanations to management.
  • Cost Control: Helping to monitor and control costs by analyzing financial data and recommending cost-saving initiatives.

• Internal Controls and Auditing

  • Implementing Internal Controls: Ensuring that strong internal controls are in place to prevent errors, fraud, and financial misstatements.
  • Audit Preparation: Assisting with internal and external audits, providing necessary documentation and explanations to auditors, and implementing any necessary improvements to processes based on audit findings.

• Cash Flow Management

  • Cash Flow Monitoring: Managing cash flow by tracking and forecasting cash inflows and outflows to ensure the company has enough liquidity for operations.
  • Bank Reconciliation: Ensuring that bank accounts are reconciled and any discrepancies between the company's records and bank statements are resolved.

• Financial Advice and Reporting to Management

  • Advising Management: Providing insights and financial advice to management, helping them make informed decisions based on financial data.
  • Financial Forecasting: Assisting in long-term financial planning and forecasting to guide the company's growth and stability.

• Fixed Assets Management

  • Tracking and Reporting: Maintaining records for fixed assets, ensuring they are accurately valued and depreciated according to accounting standards.
  • Asset Disposal: Managing the sale or disposal of fixed assets, ensuring any resulting financial impacts are recorded correctly.