Hotel Accountant

Lotus Hospitality Management•Shreveport, LA

13h

About The Position

Key Responsibilities Financial Management: Oversee daily financial transactions, including processing invoices, tracking hotel revenue, and managing accounts payable and receivable. Financial Reporting: Prepare and analyze financial statements such as balance sheets and income statements to assess the hotel's financial performance and provide insights to management. Budgeting and Forecasting: Collaborate with department heads to compile budgets, monitor spending, and implement cost-control measures to ensure financial goals are met. Payroll Processing: Ensure accurate calculation of wages, tax withholdings, and employee benefits, managing payroll operations efficiently. Compliance and Auditing: Conduct internal audits to ensure compliance with financial policies and regulations, identifying and addressing discrepancies as needed. Cash Flow Management: Monitor the hotel’s cash flow, forecast future financial positions, and make necessary investment decisions to maintain liquidity. Inventory Management: Oversee the management of inventory, ensuring accurate tracking of hotel supplies and minimizing waste through efficient procurement practices.

Requirements

A bachelor’s degree in accounting or relevant experience in finance or a related field is generally required.
Previous accounting experience, particularly in the hospitality industry, is highly valued.
Strong analytical and problem-solving skills are necessary to interpret financial data and provide actionable insights.
A meticulous approach to financial reporting and compliance is crucial to avoid discrepancies and ensure accuracy.

Responsibilities

Oversee daily financial transactions, including processing invoices, tracking hotel revenue, and managing accounts payable and receivable.
Prepare and analyze financial statements such as balance sheets and income statements to assess the hotel's financial performance and provide insights to management.
Collaborate with department heads to compile budgets, monitor spending, and implement cost-control measures to ensure financial goals are met.
Ensure accurate calculation of wages, tax withholdings, and employee benefits, managing payroll operations efficiently.
Conduct internal audits to ensure compliance with financial policies and regulations, identifying and addressing discrepancies as needed.
Monitor the hotel’s cash flow, forecast future financial positions, and make necessary investment decisions to maintain liquidity.
Oversee the management of inventory, ensuring accurate tracking of hotel supplies and minimizing waste through efficient procurement practices.