Accounting Manager
3 weeks ago
Accounting Manager
The Walper Hotel
JdV by Hyatt
Kitchener, Ontario
The Walper Hotel - JdV by Hyatt - is seeking an experienced and passionate **Hospitality Accountant** to be a valued member of the Hotel’s Leadership Team.
**Hotel Vision**:
An iconic, contemporary, landmark property, we provide our guests with authentic, memorable experiences by offering uncompromising service and ultimate comfort.
**Who The Walper Is**:
Blending modern comforts with timeless charm, The Walper Hotel stands as a cornerstone of downtown Kitchener and is a proud member of the JDV collection by Hyatt. Our hotel features chic public spaces, contemporary rooms, and the grand Crystal Ballroom, offering a boutique experience for the experiential traveler. Guests can enjoy farm-to-table specialties at TWH Social, our in-house restaurant. Located in the heart of a vibrant community, we are just steps away from museums, shopping, and a thriving downtown arts scene.
Our team works together, supports one another, and has a voice within our organization. We are part of a company that strives daily to be the best, focusing on delivering guest experiences of the highest quality. We foster a fun, collaborative work environment rich with opportunities for growth and development.
**Who you are**:
We’re looking for energetic, genuine individuals who thrive on authentic interactions with all types of people. We care deeply about connecting the dots and creating memorable experiences for our guests.
**What’s in it for You**:
- Competitive salary
- Benefits plan
- Staff dining discount
- Discounted stays at the World of Hyatt family of hotels internationally
- Automatic enrollment in the World of Hyatt loyalty rewards program
**Position Summary**:
Reporting to the General Manager, the Accounting Manager is responsible for managing the hotel’s accounting, financial reporting, and operational reporting systems and operations. As a senior leader, you will ensure the safety and control of hotel assets, working collaboratively with other hotel leaders to optimize operations, revenue, profitability, safety, and quality.
**Key Responsibilities**:
**Accounting Management**:
- Perform all full-cycle accounting functions and financially related activities of the hotel, including reporting, payroll, credit, systems management, cash management, food and beverage cost control, receiving, purchasing, inventory, yield management, capital planning, and budgeting.
- Manage payroll processing, employee benefits administration, daily and periodic time data monitoring, labor costs, and payroll records, ensuring accurate tax payments and submissions.
- Work closely with senior leadership and ownership group with regards to external audit process, strategic planning and financial statement communication
**Financial Reporting & Analysis**:
- Provide meaningful and appropriate forecasting.
- Coordinate and prepare annual operating and capital budgets, strategic plans, annual audits, financial reports, and budget analysis.
- Produce, review, and present monthly financial results, interpreting and reacting proactively to trends.
**Collaboration & Leadership**:
- Work closely with senior leadership and ownership regarding external audits, strategic planning, and financial statement communication and execution.
- Collaborate with other hotel leaders to maximize revenue and profitability while ensuring cost control.
- Participate in revenue management strategies with hotel and Hyatt personnel.
**Operational Oversight**:
- Maintain account reconciliations, including banks, assets, liabilities, receivables, and other balance sheet accounts.
- Monitor and ensure timely inventory checks for operating equipment and other inventories.
- Work with hotel leadership team to maximize revenue and profitability, ensuring appropriate cost control.
- Participate in revenue management strategies and execution with hotel leadership and Hyatt personnel
- Manage cash receipts and daily audits.
- Handle accounts receivable, invoicing, and collections.
- Conduct compliance checks on departmental policies and procedures.
**Employee Relations & Development**:
- Maintain excellent employee relations.
- Act as a mentor and help develop the hotel’s leaders and future leaders.
- Ensure consistent compliance with service and brand standards.
**IT & Systems Management**:
- Oversee all IT systems and activities.
**Regulatory Compliance**:
- Ensure insurance, licensing, reporting, and taxation are current and appropriate.
- Perform other duties as required.
**Qualifications**:
**Experience & Education**:
- Proven accounting experience, preferably in hospitality as an Accounting Manager or in a senior hospitality accounting role.
- Professional designation, education, degree, or diploma in accounting, finance, or business.
- Experience as a leader in a lifestyle hotel is preferred.
**Technical Skills**:
- Proficiency with Opera, Symphony, Microsoft Office, Sage 300
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