Department: Finance
Reporting to: Director of Finance
Job Purpose
Manage the accounting operations for The Standard, East Village, ensuring accuracy, timeliness, and consistency across all financial reporting and systems. Support the Director of Finance while overseeing the daily activities of the accounting team and maintaining an efficient and productive workflow.
Partner with senior leadership to develop and execute financial strategies that support business performance and growth. Lead financial and operational meetings, presenting insights, risks, and key priorities. Prepare and analyze forecasts, budgets, and projections to guide decision-making. Develop and deliver financial reports, dashboards, and performance metrics to drive accountability and visibility.
Duties & Responsibilities
- Perform and oversee monthly reconciliation of all bank accounts, balance sheets, and general ledger; prepare and review supporting documentation to substantiate balances.
- Manage month-end close workflow, including tracking progress against the closing checklist.
- Prepare and post journal entries, including accruals, allocations, and prepaid expenses.
- Review recurring invoices and purchase order activity to ensure accurate accruals for goods and services received.
- Ensure the accuracy and security of all cash handling processes, including deposits, paid-outs, change orders, and required audits.
- Oversee the preparation, filing, and payment of all city, state, and federal taxes; maintain and monitor the tax schedule.
- Manage all payroll functions (weekly, monthly, and annual), including processing, reconciliations of gratuities and taxes, journal entries, and required filings.
- Maintain regular attendance in accordance with hotel standards; irregular attendance may result in disciplinary action, up to and including termination.
- Execute additional duties and projects as assigned by management.
- Develop a working knowledge of all accounting roles to ensure coverage during absences or transitions.
- Participate in and contribute to departmental and operational meetings.
- Investigate variances and provide clear analysis and recommendations.
- Oversee all core accounting functions, including accounts payable, accounts receivable, income audit, cash handling, disbursements, and financial reporting.
- Maintain a strong understanding of the chart of accounts, account mapping, system configurations, and general ledger structure.
Qualifications & Requirements
- Understanding: Ability to read, comprehend and carry out instructions according to established procedures
- Comprehension: Fluent in the English language
- Organizational Skills: Work efficiently, utilize multi-tasking, prioritize tasks
- Hygiene and Sanitation: Adherence to uniform, grooming and personal hygiene standards and expectations per Standard of Operating Procedures
- Punctuality: Adherence to posted schedule and arrival time and attendance at mandatory meetings Responsibility: Personal comportment in line with Standard, New York policies, standards, and expectations
- Extensive knowledge of Opera, Toast, and M3.
- Must maintain a high level of confidentiality
- Strong communication and management skills
- Guest service oriented
- Work well independently and within a team
- Able to work a flexible schedule including nights, weekends, and holidays
Physical Requirements
- Able to remain stationary 90% of time in front of computer.
- Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.
- Periodical movement inside an office to access file cabinets & safe, operate machinery, operate calculator, operate copier, operate telephone.
- Able to pull, push, carry and lift at least 35 pounds
- Must be able to seize, grasp, turn and hold objects with hands
- Communicate regularly with employees, vendors, ownership, and management, ensuring the clear and accurate exchange of information.
Desirable
- Previous work experience in finance management
- Multi-lingual
- Basic knowledge of hotel operations
- Experience in financial management as well as systems
- Good typing, math, proficient in excel, problem solving, communication, and listening skills
Qualifications
- Bachelor's degree or higher in Finance or related field 3 - 5 years of relevant experience
- Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
- Detail-oriented and analytical
Source: Hospitality Online
