Accounting Manager

The Accounting Manager directs the day-to-day accounting operations of the hotel and ensures the accuracy, integrity, and timeliness of all financial records. Reporting to the Director of Finance, this role owns the balance sheet, oversees the income audit and the accounts payable and receivable functions, manages cost and revenue allocations across departments and outlets, and leads a team of accounting professionals. The Accounting Manager safeguards the property's assets, supports month-end and year-end close, and partners with operational leaders to deliver clear, decision-ready financial information. Key Responsibilities Balance Sheet & General Ledger Maintain full ownership of the hotel balance sheet, ensuring every account is reconciled, supported, and accurate each period. Prepare and review monthly balance sheet reconciliations, investigating and resolving variances and aged or unsupported items. Oversee the general ledger, journal entries, accruals, prepaid amortizations, and fixed-asset schedules. Drive an accurate and timely month-end and year-end close, delivering financial statements within reporting deadlines. Income Audit Supervise the daily income audit to verify that all hotel revenue — rooms, food and beverage, and ancillary outlets — is captured, recorded, and reconciled correctly. Review the daily revenue report, audit cashiering and settlement activity, and ensure point-of-sale and property-management system postings agree to the general ledger. Identify and correct revenue discrepancies, rate variances, and posting errors, escalating control concerns as needed. Accounts Payable & Accounts Receivable Oversee the accounts payable cycle — invoice approval, three-way matching, vendor management, and timely, accurate payment runs. Manage the accounts receivable function, including billing, the city ledger, group and event invoicing, collections, and aging follow-up. Monitor cash position, credit policy, and vendor and guest credit terms to optimize working capital. Allocations Administer, calculate, and review cost and revenue allocations across departments, outlets, and shared services. Ensure overhead, utility, and intercompany or management-fee allocations are applied consistently and in line with policy and management agreements. Validate allocation methodologies and update them as the business and departmental structure evolve. Team Management Lead, schedule, and develop the accounting team across income audit, accounts payable, and accounts receivable. Set performance goals, conduct reviews, coach staff, and build bench strength and cross-training within the department. Establish and enforce internal controls, accounting policies, and standard operating procedures, supporting internal and external audits. Qualifications & Requirements Bachelor's degree in Accounting, Finance, or a related field; CPA or equivalent a plus. Five or more years of progressive accounting experience, with at least two in a supervisory role; hotel or hospitality experience strongly preferred. Strong knowledge of GAAP, the Uniform System of Accounts for the Lodging Industry (USALI), and internal-control best practices. Proficiency with hospitality accounting and PMS/POS systems and advanced Microsoft Excel skills. Excellent analytical, organizational, and communication skills, with proven leadership of a team. Key Competencies Accuracy, attention to detail, and a strong control mindset. Ability to meet tight deadlines and manage multiple priorities during close. Collaborative partner to operations and senior leadership. Integrity and sound professional judgment in safeguarding company assets. About Kennebunkport Resort Collection: The Kennebunkport Resort Collection is a portfolio of diverse, luxurious lodging and dining options offering stylish and unique hospitality in Kennebunk and Kennebunkport. Our growing hospitality group includes Hidden Pond//Earth at Hidden Pond, Tides Beach Club//Goose Rocks Beach House, Cape Arundel Inn & Resort//Ocean Restaurant, Kennebunkport Inn//The Burleigh Restaurant, Cottages at Cabot Cove, The Grand Hotel//Rosella, The Boathouse Waterfront Hotel & Restaurant, Yachtsman Hotel & Marina Club, and Lodge on the Cove//The Dory. KRC is proud to offer competitive wellness options and perks for both Part Time and Full Time employees; Employer-subsidized medical, dental, and vision insurance Company-funded $25K in complimentary life insurance and $1K/mo. in disability Optional Disability, Life and AD&D, Critical Illness, and Accident Insurance options Additional Health & Wellness benefits including prescription and gym membership discounts Generous Paid Time Off package including Employer Paid Leave plus immediate Paid Vacation accruals Flexible and understanding work-life equality Family Matters Program of 3+ months paid parental leave for new parents 401k employer match, up to 4% of salary Competitive wages with ongoing market analysis with annual performance evaluations and compensation adjustments Discounted employee and immediate family hotel rates as low as $59 per night at EOS Hospitality portfolio locations Food and Beverage discount of 50% Off at EOS Hospitality portfolio locations Gold Card annual complimentary restaurant allowance for managers Discounted lodging rates from New England Inn & Resort Association partners Pathways for growth and professional development including training and tuition reimbursement Relocation assistance to temporary employer housingIncentive opportunities for both hourly and managerial roles Supportive, open workplace culture Company-funded Employee Assistance Program for life and mental health resources Why Join our team? Join our community of ambitious, thoughtful, and dedicated hospitality professionals delivering exceptional guest experiences. At Kennebunkport Resort Collection, we encourage creativity, ownership, and problem-solving at all levels of our organization, and we are committed to weaving diversity, equity, and inclusion into every aspect of our business. As a Kennebunkport Resort Collection employee, we welcome you to join us in making a community impact. Our KRC Cares team partners with community leaders and like-minded businesses to advance our community services, such as toy drives, beach cleanups, and other charitable causes around the community. Our Community Impact project allows a 1% Impact Fee to be donated to hand-picked local organizations focusing on affordable housing, protecting wildlife habitats, and creating spaces for the youth of our community. Kennebunkport Resort Collection offers customized learning opportunities for all employees. We work to carve out a path for internal leaders with motivated career goals. Annual conferences, mentorships, scholastic reimbursements, internships, and company-funded leadership development opportunities are just some of the ways we support our associates. #J-18808-Ljbffr Socket.dev