Senior Accountant

At Plamondon Hospitality Partners, people are the heart of our business. Our success starts with the associates who work in our hotels. We take great pride in hiring honest, hard-working, reliable people, who share our principles. We encourage getting the most out of life through family, safety, community involvement, education, and our relentless gracious, and urgent attention to you.SummaryThe Senior Accountant is responsible for supporting Plamondon Hospitality Partners (PHP) through managing all financial accounting and reporting for an assigned portfolio of hotels.Essential Duties and ResponsibilitiesFinancial Accounting and PracticesPerform needed entries, including calculating and recording management fees, FF&E taxes and reserves, depreciation, payroll, health care and 401k, and any needed operating expense adjusting journal entries and accruals for each hotel within assigned portfolioMonitor and reconcile cash and FF&E balances with lending institutions, ensuring reserves align with loan agreementsReview and reconcile hotel intercompany accounts with sister companies and PEI entities at end of period to ensure needed cash transfers are reconciled and addressed with leadershipPrepare Marriott Owner Franchise invoice and submit summary of postings; calculate Marriott royalty accruals and process paymentsPrepare and submit sales/use tax returns for applicable state and counties, processing payments accuratelyCoordinate and communicate period-end close checklists and deadlines with hotel GMs and field associates as neededPlanning ProcessesPartner with CFO to design, plan, and implement Operating and Capital budgets in conjunction with Operations and Accounting leadersAssist in the management of departmental planning efforts to ensure all critical components are detailed, tracked, and supported, where appropriateEngage in and help facilitate monthly team meetingsOperations and Executive SupportPartner with Operations leaders in preparation and presentation of monthly financial statement reviews with Executive LeadershipSupport Operations team through management of critical financial analyses, external reporting needs, and hotel-specific requests and questionsEngage in periodic hotel GM meetings by presenting relevant content and supporting accounting-related training topics as neededSupport accounting needs for Construction team including management, tracking, and reporting of CIP estimates, actual costs, loan draws/reimbursement process with a clear understanding of loan documents and requirementsHotel Portfolio and Investor ReportingUnderstand and adhere to relevant operating agreements for a portfolio of hotels under the PHP umbrellaEnsure timely creation of cash forecasts and sufficiency to support targeted quarterly distributionsAssist the creation of quarterly investor letters designed to inform ownership of recent performance and quarterly distributionsManage quarterly cash distributions for assigned portfolioProfessional DevelopmentCollaborate with leadership to identify training needs and opportunities to expand the understanding and skill level of other associatesSupport the facilitation of professional development training including accounting, financial analysis, leadership, technology, and project managementPartner with Operations team to train hotel leaders and associates on various topicsQualificationsBachelor’s degree in accounting or finance is required, master’s degree highly preferredMinimum of 5 years of direct experience, entity accounting experience is a mustCertified Public Accountant highly preferred, current or in progressExperience at public accounting firm preferredExperience in hospitality or travel-related company preferredStrong attention to detail, as well as excellent organizational and analytical skillsStrong problem-solving skills with the ability to handle challenging situations and provide effective solutionsEssential FunctionsPerform as a member of the accounting team with positivity and enthusiasmComplete assignments under pressure and tight deadlinesIdentify opportunities for improvement with a ‘continuous improvement’ mindsetRelate to individuals at all professional levels with a polite and professional natureAble to respond promptly to internal staff and external vendors regarding accounting issuesMaintain professionalism and confidentialityAble to perform job duties with or without reasonable accommodationAble to perform other duties as assigned by leadershipAdditional RequirementsRead, analyze, and interpret legal documents such as operating or loan agreements, general business periodicals, professional journals, technical procedures, or governmental regulationsEffectively present information and respond to questions from groups of managers, clients, customers, and the general publicWork with mathematical concepts such as probability and statistical inference; able to apply concepts such as fractions, percentages, ratios, and proportions to practical solutionsSolve practical problems and handle a variety of concrete variables in situations where only limited standardization exists; ability to interpret a variety of instructions in written, oral, diagram, or schedule formProvide exceptional customer service and interpersonal skillsWilling to engage in collaborative, thought leadership discussions, debate of issues, and compromise on solutions in pursuit of company goalsHave proficiency in Microsoft Office Suite productsPossess experience with complex financial management software (Sage, ADP, M3) or a strong willingness to learnPossess a valid driver's license, proper insurance coverage, and a clean driving record for business-related travelWork EnvironmentMajority of work is performed in a lighted, heated, and cooled environment typical of an officePeriodic evening and weekend hours may be requestedLocal travel may be necessary for the support of the corporate office #J-18808-Ljbffr