What are the responsibilities and job description for the Accounting Manager, FSC position at Loews Hotels & Co?
Loews Hotels & Co is a leading owner and operator of luxury hotels with a portfolio consisting of 26 hotels and resorts in the United States. Located in major city centers and resort destinations from coast to coast, the Loews portfolio features one-of-a-kind properties that go beyond Four Diamond standards and embrace their “uniquely local” community in order to curate exciting, approachable and local travel experiences for guests.
Who We Are:
Founded in 1960, Loews Hotels & Co. operates iconic hotels and resorts across the U.S. and Canada. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations.
Growth and belonging start here; you’ll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role—from Guest Services to Finance, Culinary to IT—offers opportunities to grow and make a meaningful impact.
Creating a Team Member experience where you belong no matter what race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us.
What We Offer:
The Accounting Manager provides leadership in a high volume financial shared services environment supporting an exciting collection of hotel properties across North America. This leader oversees the daily activities of a dynamic group of team members providing bank and balance sheet reconciliations, cash flow, and month end journal entries to our hotel partners. Maintaining service levels while driving the team’s achievement of daily, weekly, and monthly performance metrics is of utmost importance. The Accounting Manager is a results-driven professional who inspires the accounting services team to deliver our brand promise of extraordinary customer service to our hotels and guests. The Accounting Manager reports to the Associate Director, Accounting Services.
Who You Are:
Who We Are:
Founded in 1960, Loews Hotels & Co. operates iconic hotels and resorts across the U.S. and Canada. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations.
Growth and belonging start here; you’ll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role—from Guest Services to Finance, Culinary to IT—offers opportunities to grow and make a meaningful impact.
Creating a Team Member experience where you belong no matter what race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us.
What We Offer:
- Competitive health & wellness benefits, 401(k) & company match
- Paid Sick Days, Vacation, and Holidays, Paid Bereavement
- Pet Insurance and Paid Pet Bereavement
- Training & Development opportunities, career growth
- Tuition Reimbursement
- Team Member Hotel Rates, other discounts, perks and more
The Accounting Manager provides leadership in a high volume financial shared services environment supporting an exciting collection of hotel properties across North America. This leader oversees the daily activities of a dynamic group of team members providing bank and balance sheet reconciliations, cash flow, and month end journal entries to our hotel partners. Maintaining service levels while driving the team’s achievement of daily, weekly, and monthly performance metrics is of utmost importance. The Accounting Manager is a results-driven professional who inspires the accounting services team to deliver our brand promise of extraordinary customer service to our hotels and guests. The Accounting Manager reports to the Associate Director, Accounting Services.
Who You Are:
- A result driven professional who inspires the accounting services team.
- Someone with the ability to maintain confidentiality
- Communicate effectively, maintain compose, and make decisions in stressful situations
- Organized, adaptable, and able to deliver under pressure of deadlines
- Intermediate to advanced in Excel
- Strong computer skills and general knowledge of mathematics and accounting principles.
- Provides day to day oversight and support on all components of accounting services related to accountants.
- Ensures proper internal controls are in place and monitored through monthly self-testing.
- Ensures daily cash consolidation reporting is timely, and accurate.
- Ensures monthly bank reconciliations are timely, compliant, and accurate.
- Ensures monthly balance sheet reconciliations are timely, compliant, and accurate.
- Ensures month end close is performed timely, compliant, and accurate.
- Provides training to new hires on Loews policies and controls.
- Supports management with new implementations and improvement programs as necessary.
- Provides feedback to accountants based on monthly performance metrics.
- Prepares an action plan based on results of quarterly balance sheet reviews with property Director of Finance, Assistant Director of Finance, and/or Regional Director of Finance.
- May be required to work varying schedules to reflect business needs
- Required to attend all training sessions and meetings
- Upholds all company and industry standards pertaining to PCI compliance, guest/financial/payroll confidentiality and accounting best practices.
- Other duties as assigned
- 3-5 years of accounting experience required
- Bachelor's Degree in Accounting or equivalent required
- Hospitality finance experience preferred
- Previous management experience preferred
- Accountants
- Senior Accountants
