- Location: Chicago, IL
- Type: Direct Hire
- Job #28636
- Salary: $125,000
Accounting Manager
The Accounting Manager oversees all accounting and financial reporting for a portfolio of 10+ full- and limited-service properties, managing a team of 2–3 property accountants and partnering closely with on-site operational teams.
Key Responsibilities
- Supervise, train, and develop property accountants; delegate work, manage deadlines, and conduct performance reviews.
- Oversee accurate and timely month-end close and financial reporting (GAAP or tax basis), including debt service and capital transactions.
- Establish and maintain internal controls to safeguard assets and ensure proper segregation of duties.
- Manage cash flow, including forecasting weekly cash needs, processing payables, payroll, and debt service.
- Perform treasury functions, including initiating electronic payments and managing online banking activity.
- Ensure accurate and timely preparation and filing of agency tax reports; coordinate tax audits and resolve findings.
- Partner with operations to improve financial processes and drive efficiency.
- Review and analyze lease transactions for proper accounting treatment.
- Track capital assets, renovation projects, and depreciation.
- Support annual audits and assist in budget preparation.
- Prepare financial, statistical, and operational reports.
- Ensure compliance with applicable laws and regulations.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field.
- Supervisory accounting experience in the hospitality industry required.
- Strong leadership, organizational, and time management skills with the ability to manage multiple priorities.
