Quorum Hotels is looking for a Accounting Manager to join the team at our office in Newport Beach, California!The Accounting Manager assists in the direction and coordination of accounting, financial and internal control activities of the centralized accounting function. Remains abreast of current trends and legislation and helps direct and develop hotel and corporate accounting policies, ensures adherence to all accounting policies and procedures. Compensation: $100,000 - $110,000 / year

Quorum Hotels is proud to be a leading hotel management company supporting a diverse portfolio of renowned brands including Marriott, Hilton, Hyatt, and IHG properties. Our relationship-driven, hands-on approach to hospitality is rooted in expertise, integrity, and dedication to our guests. Quorum Hotels is committed to achieving meaningful growth for our team members with opportunities throughout the United States.

Responsibilities: 

• Assist in the direction of the accounting process in the department.
• Ensure that all policies and procedures are followed regarding revenue accounting and cash disbursements.
• Recommend modifications to existing processes and procedures in the accounting process.
• Assist in the preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justification.
• Review accuracy of daily property income journal in regards income, statistics, ledgers, and receipts.
• Review and audit all internal financial controls including purchasing, cash handling, A/R Aging, A/P Aging, inventories, and hotel ledgers.
• Complete timely reconciliation of all balance sheet accounts on a periodic basis.
• Assist in the accounting and transition of new property acquisitions.
• Assist in preparation of reports required by regulatory agencies
• Participate in external financial audits, delivering information requested by auditors on a timely basis.
• Oversee the analysis, maintenance, and communication of records required by law or local governing bodies, or other departments in the organization.
• Ensure compliance with all regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes.
• Adhere to GAAP and USALI accounting standards.
• Manage portfolio inter-hotel banking activities.
• Review aging and collection problems with General Managers and make recommendations on accounts.
• Supervise reporting of fixed asset acquisitions, dispositions, placement in service and depreciation.
• Train AGM/GM in accounting processes to ensure hotels are following proper accounting procedures.
• Monitor compliance to QHR policies & procedures & Management Standards.
• Assist in oversight of all aspects of financial internal controls, monitor compliance, and follow-up on all instances of noncompliance.
• Assist in the development and implementation of policy and procedures applicable to the financial operations of the portfolio.
• Ensure tax compliance is maintained to include filing and remittance of state local sales/use, beverage, and occupancy tax returns in a timely manner on a monthly and quarterly basis.
• Reconcile daily income audit amounts of sales, beverage, and occupancy tax due and collected.
• Review Accounts payable invoices for proper amounts of use tax due.
• Reconcile daily occupancy tax exemption documentation for completeness and accuracy.
• Maintain continuing education in regard to state and local compliance requirements for sales/use, beverage and occupancy tax.