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Description
The Financial Accountant plays a vital role in maintaining accurate and timely financial records for an assigned portfolio of properties. Reporting directly to the Senior Financial Accountant, the primary responsibilities involve daily bookkeeping functions, including the posting of journal entries, managing accruals, and performing reconciliations to ensure the integrity of each hotels balance sheets are maintained. This role is responsible for ensuring that all entries are properly supported, reconciliations are accurately maintained, and documentation is organized for audit purposes. Responsibilities also include financial analysis or direct communication with property owners, but the main focus is on the operational accounting processes and procedures of the hotels. Prior hotel financial experience is preferred!
Hybrid or remote work potential
Responsibilities:
In this role, you will take ownership of the day-to-day accounting for a portfolio of properties, ensuring the accuracy and integrity of the general ledger through timely journal entries and well-documented support. You will manage monthly accruals across key expense categories-including taxes, insurance, payroll, utilities, and fees-while maintaining organized, audit-ready documentation in line with corporate standards.
You'll play a key role in maintaining financial accuracy by completing regular bank and balance sheet reconciliations, resolving discrepancies promptly, and ensuring all accounts are supported each month. This includes managing weekly cash positions, posting daily cash activity, and keeping financial records aligned and up to date.
Beyond transactional work, you'll gain exposure to financial analysis by reviewing P&L statements, supporting variance analysis, and identifying trends or discrepancies. You'll provide initial insights and collaborate with senior accounting leadership to strengthen your analytical skills and contribute to financial decision-making.
This position also offers valuable exposure to hotel operations and strategy. You'll participate in financial review meetings, support audit preparation (including internal, SOC, and third-party audits), and assist with due diligence efforts related to property transitions such as acquisitions, sales, or refinancing.
You'll regularly review hotel ledger activity-including guest ledger, AR aging, and advance deposits-to identify and escalate issues in accordance with company policy. At the same time, you'll build strong working relationships by collaborating with operations leaders and participating in owner calls to understand expectations and communicate financial performance.
Finally, you'll have the opportunity to make an impact by identifying process improvements, supporting implementation efforts with leadership, and helping train team members on best practices that promote compliance, efficiency, and financial integrity.
Benefits of Working for Concord Hospitality:
We offer competitive wages. Full-time associates are eligible to participate in a comprehensive benefit package, which includes medical/dental/vision plans, life insurance, ST/LT disability options, 401K options, tuition assistance, discounted room rates at Concord managed hotels, plus training & development and career advancement opportunities.
Why Concord?
Concord Hospitality invests in its associates by providing training and development at all levels, from interns to executive leaders. Our "Associate First" culture supports and inspires personal development both within the workplace and beyond. Our associates are what our company is built on, and we are proud to recognize them for their hard work, dedication, and commitment to excellence. We value work life balance, diversity, and our commitment to provide the best customer service and quality accommodations in every market we exist. Concord is built on 5 cornerstones: Quality, Integrity, Community, Profitability and FUN! Our associates say it best with our national company cheer heard throughout North America ---
"We Are Concord! "We support diversity and inclusion through our mission to be a "Great Place to Work for All."
Pay range: $54,235.30 - $67,794.13
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.