Senior Accountant

Overview

The Senior Accountant is responsible for the accurate and timely preparation of all financial information, to include but not limited to financial statements, cash flow forecasts, accounts receivable (if applicable) and income journal for each property assigned. The Senior Accountant reports directly to the Director of Accounting. Impact on Key Tenets:

• Asset Management-Maintain accurate schedules for all assets and liabilities
• Profitability-Monitor all reports for excessive overages compared to budgets; Generate timely financial reports that can be used to assist operations in current period
• Customer Satisfaction-Respond promptly on inquires from within the company as well as vendors, banks, etc.
• Employee Development-Attend meetings and have discussions with operational personnel

 

Responsibilities

DAILY

• Daily Income Journal
• Check prior day closing Guest Ledger, Advance Deposit, and A/R balance ties to current day opening Guest Ledger, Advance Deposit, and A/R balance
• Monitor activity in Accounts Receivable
• Verify that cash per Income Journal ties to validated deposit slips
• Note any discrepancies on an Action Notification; send copy to: PHR Vice President of Operations, Director of Accounting, General Manager
• Posting of Income Journal and balancing of cash manager module

Daily Cash Summary Report

Prepare a Daily Cash Summary Report to include specific cash requirements

Prepare Bank Reconciliations for accounts that are online

Keep in contact with General Manager regarding day to day issues that may arise

Communicate with Staff Accountants and Director of Accounting regarding day to day issues that may arise

WEEKLY

• Vendor aging review
• Reviews vendor aging reports with the accounts payable department
• Monitors cash flow as to availability for voucher payments

MONTHLY

• Month-End Closing
• Completes Month-End Closing in accords with Month End Process
• Prepares Standard Journal Entries to include:
• Numbers Journal Entry
• Description of Entry
• Back-up
• Financial Statements
• Income Statement
• Balance Sheet
• Budget-Actual
• Excel Reports
• Cash Flow Model
• Support for Balance Sheet
• Prints and analyzes General Ledger or Trial Balance when deemed necessary
• Performs account analysis as deemed necessary by Director of Accounting or PHR Executive Vice President of Accounting
• Provides support to Controller and Director of Accounting to accomplish initiatives as laid out in the Business Plan
• Sales and Use tax preparation for assigned properties
• Performs monthly inventory audits per the inventory audit policy

            QUARTERLY                   1. Performs quarterly inventory audits in accord with the quarterly inventory process

            YEARLY

• Year-End Workpapers
• Prepares Year-End Workpapers in accords with the Year End Process
• Reviews Staff Accountant Year-End Workpapers to ensure accurate reporting

Responsible for the preparation of financial statements and all supporting schedules required for the monthly financial package review for designated entities.

Responsible for attending monthly financial meetings and reviewing monthly critiques with operations

Responsible for preparing Year-end workpapers for the external auditors.

Responsible for documenting, analyzing, streamlining and improving the accounting department processes

Responsible for special projects and analysis as assigned.

Annual Real Estate and Personal Property tax filings

Annual Business License filings

Qualifications

TypeQualificationSkillProficient in Microsoft OfficeSkillAbility to communicate effectivelySkillStrong organizational skillsEducationFour year accounting degree requiredExperienceSupervisory experience preferredEducationB.S. degree in AccountingEducationC.P.A. or C.M.A. designations a plus.Experience5 yrs preferredSkillWorking knowledge of Generally Accepted Accounting Principles.SkillStrong organizational and multi-tasking skills.SkillExcellent verbal and written communication.EducationExcellant analytical skills required.SkillAbility to effectively motivate staff.SkillAbility to use a spreadsheet program, specifically EXCEL.SkillBasic knowledge of tax issues and tax to book accounting difference.SkillAbility to operate a 10-key calculator.SkillWorking knowledge of USALI 11th Edition