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Accounting Manager, Property Reporting

3 months ago

Toronto, Ontario, Canada Life House Full time
Life House is a venture-backed, vertically integrated hotel brand, operator and technology company.

We develop, design, and operate boutique lifestyle hotels with a mission to make travel more meaningful and accessible for travelers and to make hotels more seamless and profitable for owners.


THE ROLE


Reporting to the Director of Property Reporting, the Accounting Manager will be responsible for monitoring the execution of day-to-day accounting and financial operations for our rapidly growing hotel portfolio, and will oversee a growing team of property accountants.


WHAT YOU'LL DO

  • Financial Reporting & Analysis
  • Perform financial statement reviews for hotels, providing guidance to property accountants where needed
  • Prepare the monthly financial statements for a select number of properties in our portfolio to ensure you understand the fine details of the processes your team is executing
  • Review balance sheet reconciliations of the Life House portfolio to ensure accuracy and timely completion
  • Provide insight and support to the Asset Management and Corporate Operations teams
  • Manage relationships with hotel owners as required
  • Accounting
  • Oversee the monthly financial close process by taking ownership of tasks including reviews of journal entries, prepaid schedules, billing/invoicing, fee calculations and account reconciliations
  • Assist in any corrective actions needed while reviewing the monthly financial statements
  • Monitor weekly accounting duties of each team member
  • Assist in team retraining/comprehension of accounting tasks
  • Strategy
  • Partner with senior finance team members to identify, develop and implement strategic automation and systemization of processes to build the department for scale
  • Help to establish, document, and maintain standard accounting policies and procedures and internal controls
  • Oversee and monitor the property onboarding accounting workflow for new hotels and ensure a smooth transition of hotels to Life House management
  • Provide ad hoc analysis/strategy support
  • Tax
  • Ensure sales and occupancy tax filings for the Life House hotel portfolio are prepared and filed in an accurate and timely manner
  • Financial / Treasury Operations
  • Oversee bank administration duties, including users and new accounts/requests
  • Manage financial technology to ensure financial operations and systems seamlessly integrate
  • Oversee cash operations for a select number of properties (including initiating wires and preparing cash funding requests)

WHO YOU ARE

  • University degree in accounting, business or finance
  • Must have 58 years of progressive experience in hotel accounting, with significant experience in preparing and reviewing hotel financial statements
  • Experience providing feedback regarding work quality and task execution
  • Have a thorough understanding of hotel operations and various hotel systems, and how they integrate
  • Experience building a highperforming team with a culture of learning and development
  • Robust attention to detail and desire to work in a fastpaced, hypergrowth environment
  • Superior organizational skills and the ability to manage high volume workloads simultaneously
  • Advanced Excel knowledge and high proficiency in Google Suite
  • Accounting
software experience (previous experience with Xero, Airbase, Gusto is a plus)

BENEFITS

  • Competitive salary
  • Unlimited paid time off with a $1,200 annual travel stipend
  • Hotel discounts at Life House operated hotels
  • Medical, dental and vision insurance
  • Monthly wellness benefit
  • A company with a huge vision, a dynamic work environment, and a team of smart, young and extremely ambitious colleagues
  • Fully Remote (our team is located all across North America)