13 October 2021
Accountant III

ACCOUNTANT III - HOSPITALITY
 
The Accountant III position reports to the Director Hospitality Accounting. The role is integral to the accounting process and is responsible for the execution of all accounting duties. The position oversees accounts receivable as it is critical to the accounting process. The role will be involved in preparing, maintaining, analyzing, verifying, and reconciling financial transactions, statements, records, and reports; maintaining the accuracy of the company’s ledgers and subsidiary financial systems. The position will participate in departmental projects, including but not limited to auditing of franchisee fees based on the external audited financial statement of franchisees.
 
RESPONSIBILITIES:
  • Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions and resolving discrepancies.
  • Create and automate financial reporting for monthly, quarterly, annual reporting requirements.
  • Oversee process of invoicing customers, ensuring accurate accounts receivable records and verifying outstanding balances.
  • Create financial reports related to accounts receivable function and status of accounts.
  • Efficiently communicates with internal business partners to obtain customer-billing information as required.
  • Manage subordinate staff, auditing methods and procedure of accounts receivable function to improve efficiency.
  • Prepare and maintain deferred revenue and prepaid expense amortization schedules.
  • Prepare loan interest schedules as per executed agreements, booking accurate journal entries.
  • Lead and support new financial systems implementations and systems conversions.
  • Prepares detailed account analysis for inter-company accounts.
  • Analyzes fluctuations in departmental results and variances from budgets.
  • Lead and participate in accurate and timely publication of P&L.
  • Lead and coordinate external auditor requirements.
  • Lead and coordinate audit of Franchisee fees based on the audited financial statements received from their external auditors.
  • Participate and lead departmental projects from inception to implementation.
  • Required to maintain functions in accordance with finance policies and practices, GAAP, FASB and other internal control standards.
  • Keep current any departmental checklist and standard operating procedures.
 
QUALIFICATIONS:
 
MINIMUM:
  • Master’s degree in Accounting as well as two (2) to four (4) years of accounting and supervisory experience or an equivalent combination of education and/or experience.
  • Certified Public Accountant (CPA) license preferred.
  • Preferred knowledge of GAAP, FASB, IFRS reporting requirements
  • Experience in reconciling functions, recording journal entries, reviewing P&L’s and balance sheets, reporting functions
  • Must be able to effectively handle multiple projects simultaneously in a deadline driven environment
  • Intermediate to advance knowledge of major accounting software packages. Infinium and Lawson ERP system knowledge preferred
  • Intermediate to expert skills with Microsoft Excel
 
LANGUAGE SKILLS:
  • Must possess strong communication and listening skills, excellent speaking, reading and writing.
  • Comprehend and use technical or professional language, either written or spoken, to communicate complex ideas.
  • Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.