Accounting Manager (Financial Reporting)

We're Sonesta International Hotels.
The 8th largest hotel company in the U.S.-and growing fast.

An epic blend of full-service and focused hotels in major cities, Sonesta's uniquely diverse portfolio of owned, managed, and franchised properties makes us everywhere you want to be. Driven by the human side of hospitality, we deliver service with passion, loyalty with purpose, and experiences that truly connect.

Together We Thrive -bringing quality, value, and amazing hospitality to every guest, every stay, across 1000+ properties in eight countries and counting.

Job Description Summary

The Accounting Manager is a hands-on individual contributor responsible for key aspects of the monthly close and financial reporting processes within the Corporate Accounting group. This role focuses primarily on certain month-end close tasks, preparing and analyzing monthly and annual financial statements, and supporting multiple financial audits. The Accounting Manager is also
responsible for select areas of joint venture accounting and related reporting requirements, including debt covenant compliance.

Reporting to the Senior Director of Corporate Accounting, this role plays a critical part in ensuring the accuracy, timeliness, and quality of financial reporting in a multi-entity environment. The position requires strong technical accounting skills, sound judgment, and the ability to work independently in a fast-paced close cycle while contributing to audit readiness and process
improvement efforts. This role does not have direct reports and is intended for a manager-level accounting professional who prefers deep hands-on involvement, ownership, and accountability.

This is a hybrid position. Candidates must be able to commute to our Newton, MA or Orlando, FL office.

Job Description

Responsibilities

Month-End Close & Ongoing Financial Reporting

• Own assigned areas of the monthly close process, delivering accurate and timely results within an 8-business-day close timeline.
  
• Prepare and review complex journal entries, including accruals and general ledger reclasses for designated corporate departments.
  
• Perform detailed account reconciliations and variance analysis, with a focus on resolving accrual and reclass-related close issues.
  
• Prepare monthly financial statements and analytical commentary explaining results, trends, and significant fluctuations.
  

Annual Financial Statements & Footnotes

• Prepare multiple sets of annual audited financial statements and related footnote disclosures for assigned entities.
  
• Ensure financial statement presentations and disclosures comply with U.S. GAAP and company policies.
  
• Coordinate internally to gather, review, and validate supporting schedules and disclosures required for external reporting.
  

Audit Support

• Support three annual financial statement audits, serving as one of the primary accounting contacts.
  
• Prepare, review, and upload audit support and respond to day-to-day audit requests for assigned areas.
  
• Maintain strong audit readiness through high-quality reconciliations, documentation, and adherence to internal controls.
  

Joint Venture Accounting & Debt Covenants

• Own accounting and reporting for a joint venture, including monthly close activities and reconciliations.
  
• Prepare and monitor monthly, formula-based joint venture debt covenant calculations to ensure compliance with loan agreements.
  
• Prepare required financial and covenant reporting for lenders and joint venture partners in accordance with reporting schedules.
  

Regulatory & Franchise Reporting

• Assist annually with the preparation of Franchise Disclosure Documents (FDDs), including compilation and validation of required financial information.
  
• Coordinate with internal stakeholders to support franchise-related financial reporting and compliance requirements.
  

Systems & Process Improvement

• Utilize Yardi Voyager and OneStream to support general ledger accounting, consolidation, and reporting processes.
  
• Proactively identify and implement process improvements aimed at improving close efficiency, accrual accuracy, and financial reporting quality.
  
• Document accounting processes and contribute to continuous improvement of the financial reporting and control environment.
  

Stakeholder Interaction

• Partner with internal finance and operations teams and external stakeholders, including auditors, joint venture partners, and lenders.
  
• Manage reporting deliverables and deadlines primarily through structured, reporting processes and schedules.
  
• Other ad hoc projects and discussions as required.
  

Qualifications & Experience

• Bachelor's degree in Accounting or a related field (required)
  
• CPA license or progress toward CPA strongly preferred
  
• 5-8+ years of progressive accounting experience
  
• Public accounting and/or relevant private industry experience in a complex, multi-entity organization
  
• Strong working knowledge of U.S. GAAP, financial reporting, and consolidations.
  
• Experience preparing audited financial statements and footnote disclosures strongly preferred
  
• Experience with Yardi Voyager (General Ledger system) and/or OneStream (Reporting system), or comparable systems preferred
  
• Demonstrated ability to independently manage deadlines in a fast-paced close environment
  
• Strong analytical, organizational, and communication skills
  

Additional Job Information/Anticipated

Pay Range

Pay Range: $100k - $120k. Base pay offer may vary depending on various factors, including but not limited to job related knowledge, skills and job specific overall experience.

Benefits

Sonesta recognizes that benefits play a vital role in helping ensure the health and financial security of employees and their families. We offer a variety of benefits to our employees including:

• Medical, Dental and Vision Insurance
• Health Savings Account with Company Match
• 401(k) Retirement Plan with Company Match
• Paid Vacation and Sick Days
• Sonesta Hotel Discounts
• Educational Assistance
• Paid Parental Leave
• Company Paid Life Insurance
• Company Paid Short Term and Long Term Disability Insurance
• Various Employee Perks and Discounts
• Hospital Indemnity
• Critical Illness Insurance
• Accident Insurance

Sonesta is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.

Upon submitting your application, please ensure you complete a full application in addition to attaching a resume. Incomplete applications received will not be considered.