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Senior Director Of Accounting

$120k

ARK Hospitality

The Senior Director of Accounting provides strategic leadership and oversight of all property-level accounting functions for a hotel management company, supporting a portfolio of branded and independent hotels. This role is responsible for ensuring the accuracy and integrity of financial reporting, compliance with USALI and GAAP standards, effective internal controls, owner and stakeholder reporting, cash management, and operational financial support for hotel leadership teams. The Senior Director of Accounting drives accounting excellence, standardizes processes and controls, develops high-performing accounting teams, and partners with operations and ownership groups to support informed business decisions and maximize financial performance. Key Responsibilities Direct and oversee accounting operations for a portfolio of managed hotel properties. Lead monthly, quarterly, and annual financial close processes to ensure timely and accurate financial reporting. Review and approve property financial statements, balance sheet reconciliations, owner reports, and other key financial deliverables. Ensure compliance with USALI, GAAP, management agreements, franchise requirements, lender covenants, and applicable regulatory requirements. Develop, implement, and maintain accounting policies, procedures, and internal controls to safeguard company assets and ensure financial integrity. Partner with Operations, Revenue Management, Asset Management, and Property General Managers to support business objectives and improve financial performance. Serve as a key accounting advisor to executive leadership on financial reporting, compliance, and operational matters. Oversee annual budgeting, forecasting, financial planning, and performance review processes. Coordinate external audits, tax compliance activities, and year-end reporting requirements. Oversee treasury functions, including cash management, banking relationships, and working capital strategies. Lead enterprise-wide accounting initiatives, system implementations, process improvements, and automation efforts to increase efficiency and scalability. Support acquisitions, transitions, new hotel openings, and portfolio expansion initiatives as needed. Manage relationships with ownership groups, external auditors, lenders, and other financial stakeholders. Leadership Responsibilities Lead, mentor, and develop a team of Accounting Managers, Directors of Accounting, Staff Accountants, Accounts Payable personnel, and other accounting professionals. Establish performance expectations, conduct evaluations, and implement development plans to support employee growth and succession planning. Provide technical accounting expertise, guidance, and mentorship to accounting and operational teams. Foster a culture of accountability, continuous improvement, collaboration, and professional excellence. Build organizational capabilities and scalable accounting structures to support company growth and evolving business needs. Qualifications Bachelor’s degree in Accounting or Finance required. CPA strongly preferred. 10+ years of progressive accounting experience. 5+ years of leadership experience in hospitality accounting. Multi-property hotel management company experience preferred. Strong knowledge of USALI, GAAP, budgeting, forecasting, and hotel operations. Systems Experience M3 Accounting. Adams Keagan. Microsoft Excel (Advanced). Compensation $120,000+ per year #J-18808-Ljbffr ARK Hospitality

Vacancy posted 4 days ago
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