Consolidations Manager

The Consolidations Manager oversees the financial consolidation process for a hospitality group with multiple properties, business units, or entities. This role ensures accurate and timely reporting of consolidated financial statements, supports compliance with regulatory and internal reporting requirements, and provides insights that drive strategic decision-making across the organization.

Key Responsibilities

Financial Consolidation & Reporting

• Manage end-to-end consolidation of monthly, quarterly, and annual financial statements for all hotel, resort, F&B, and corporate entities.
• Ensure accurate elimination of intercompany transactions, management fees, shared services, and centralized purchasing costs.
• Maintain the consolidation system (e.g., Adaptive, HFM, OneStream, NetSuite, or other ERP tools).
• Review property-level financial submissions for accuracy and compliance with corporate accounting policies.
• Prepare consolidated balance sheet, P&L, cash flow statements, and variance analyses.
  
  
  

Accounting Governance

• Ensure compliance with GAAP/IFRS and company accounting standards.
• Develop and maintain consolidation policies, procedures, and internal controls across all locations.
• Coordinate with auditors and support annual audit requirements.
  
  
  

Business Support & Analysis

• Partner with property finance teams, regional controllers, and corporate leadership to resolve accounting issues and discrepancies.
• Provide analysis of property performance, revenue drivers, operating costs, and capital expenditure impacts at a consolidated level.
• Assist with budgeting, forecasting, and long-range planning consolidations.
  
  
  

System & Process Improvements

• Identify and implement process improvements to streamline reporting workflows.
• Support integration of new acquisitions, new hotel openings, or divestitures into the consolidated reporting structure.
• Provide training to property-level and regional finance teams on consolidation practices and reporting tools.
  
  
  

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field; CPA or CMA preferred.
• 5–8 years of accounting or financial reporting experience, ideally within the hospitality industry or a multi-entity corporate environment.
• Experience with consolidation systems and major ERPs (HFM, OneStream, NetSuite, Oracle, SAP, Adaptive, etc.).
• Strong understanding of GAAP/IFRS and multi-entity accounting.
• Excellent analytical skills and attention to detail.
• Strong communication skills and ability to work with diverse teams at both property and corporate levels.
  
  
  

Key Competencies

• Financial accuracy & rigor
• Problem-solving and analytical thinking
• Multi-entity management
• Cross-functional collaboration
• Process improvement mindset
• Confidentiality and professionalism
  
  
  

Compensation: $55 to $63 an hour

Compensation is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.