Account Manager for Hotels

Job Summary: The Account Manager (AM) will be responsible for managing the day to day operations of the accounts department, like preparation and management of the hotels financial budgets, implementing and overseeing all activities relating to the financial aspects of the hotel in compliance with the local tax laws and also by the hotel’s SOP’s.
Additionally, responsible for the financial analysis, reporting, budgeting, forecasting, audit and control, asset and liability reconciliation, working capital and cash control.
Etc.
Also, ensure the safekeeping and updating of all legal documentation relating to the financial status of the hotel.
Job Requirements: • Responsible for the properties overall accounting and financial management requirements.
• Responsible to represent the finance department during daily morning meetings.
• Responsible for the local tax authority compliance of the hotel.
• Responsible to support and communicate with the Hotel General Managers regarding all accounting related items.
• Responsible for participating in preparing and reviewing annual budgets, monthly forecasts, and operating results when asked to do so.
• Responsible for verifying all financial reports and ensuring that all transactions are accurate and in compliance with local government regulations.
• Able to prepare and submits management reports in a timely manner and also ensuring delivery deadlines.
• Able to effectively implement all accounting policies and procedures.
• Able to ensure a strong accounting and operational control environment to safeguard hotel assets.
• Able to assists proactively with cost control requirements.
• Able to assist with revenue enhancement possibilities.
• Able to assist with profit improvement opportunities for the hotel operations.
• Able to develop specific goals and plans to prioritize, organize and accomplish the work.
• Assists in the building of an efficient and professional team of employees within Finance and Accounting Department of the Company.
• Monitors all local tax compliance that applies and ensuring that taxes are charged correctly and collected.
• File the local tax with the concerned authority on a monthly/regular basis.
• Monitor and improve hotels operation costs, profitability and manage business risks.
• Ensures profits and losses are documented accurately.
• Ensures property policies are administered fairly and consistently.
• Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
• Oversees internal, external and regulatory audit processes.
• Participate in regular weekly finance department meetings.
• Establishes and maintains open, collaborative relationships with all other Account Managers.
• Participates in the employee performance appraisal process, providing feedback as needed if asked by the VP or CEO.
• Any other tasks as and when required by the management.
EDUCATION and/or EXPERIENCE: 4-year bachelor’s degree in finance and accounting or similar major preferred.
At least 3 plus years of financial and management experience with the day-to-day financial operations in a hospitality environment.
PREREQUISITES: • Should have a high command of MS Applications like Excel, PowerPoint etc.
• Knowledge of the Accounting System - M3 Accounting • Knowledge of Hotel Software or Property Management Systems: PEP, Opera, Fosse, Choice Advantage.
• Excellent communication and negotiation skills.
• Fluent in English, both oral and written.
• Excellent financial/business decision making.
• Should possess strong financial knowledge.
• Analytical skills and very well organized.
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; stoop, kneel, crouch, or crawl; and talk or hear.
The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
The employee must be able to see differences in widths and lengths of lines such as those on graphs.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
ENVIRONMENTAL CONDITIONS: Inside: Protection from weather conditions but not necessarily from temperature changes.
A job is considered "inside" if the worker spends approximately 75 percent or more of the time inside.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Must be able to work effectively in a stressful environment, communicate well with others, effectively deal with guests and accept constructive criticism from supervisors.
• Must be able to change activity frequently and cope with interruptions.
IMPORTANT NOTE: Essential functions of this job are described under the headings above.
The job requirements and features are subject to change from time to time due to the then-current needs and requirements of the Company and/or the hotel.