Staff Accountant NYC

As a Staff Accountant, this critical role is essential in overseeing the financial operations for the assigned Hotels, including but not limited to managing accounts payable, accounts receivable, the PMS ledgers, and maintaining inter-departmental relationship with Housekeeping, Front Office, Sales, and Food & Beverage.

TEAM MEMBER REQUIREMENTS:

• Willingness to accept the most effective role.
• Function as a representative of the Korman culture and standards to all Team Members and our residents.
• Maintains regular attendance in compliance with the Korman standards.
• Approach all encounters with residents and Team Members in a friendly, service-oriented manner.
• Promotes a safe, secure and healthy work environment.
• Maintains Resident/guest privacy and confidentiality by protecting all personal information.
• Familiar with emergency and safety procedures for your position.
• Strongly exercise independent judgement with daily tasks.
• One-year certification from college or technical school; or three to six months related experience and/or training; or equivalent combination of education and experience.
• Minimum of two years of accounting experience.
• Proven strong background in accounting.
• Previous Hotel/Hospitality experience is a strong plus.
• Proficient personal computer skills including e-mail, record-keeping, routine database activity, word processing, spreadsheets, etc.
• Meticulous attention to detail, time management, prioritization, multitask, verbal communication, written communication and manageability.

RESPONSIBILITIES:

· Oversees all AP activity to ensure accuracy of invoice coding and enters all invoices to be processed for payments in a timely manner

· Verify accuracy of invoices and resolve any discrepancies

· Ensures all recurring invoices are received and entered in the applicable frequency

· Code and enter invoices into the accounting system

· Reconcile vendor statements and resolve any outstanding issues

· Maintain accurate records of all accounts payable transactions

· Assist with month-end closing activities related to accounts payable

· Provide support for audits and respond to inquiries from vendors or internal departments

· Oversees direct bill agreement processes, corporate and residency screenings, creation and management of AR accounts, house accounts

· Perform follow-up billing and credit collection documentation and inform Accounting Manager of any potential uncollectible accounts

· Save and process Sales turnovers/contracts to ensure accurate billing procedures

· Set up new accounts in accordance with established credit policy

· Lead weekly credit meeting to provide status of receivables

· Complete monthly AR report to be sent to corporate office

· Assist in reconciling open account status items

· File and distribute credit warnings. Record General Ledger and City Ledger reconciliations

· Reconcile OTA Commissions (Expedia/Booking.com) and TACS commissions

· Manages chargebacks and unverified refunds in a timely manner

· Assist in variance analysis at each month-end (actual figures compared to budgeted figures).

· Comply with attendance rules and be available to work on a regular basis

· Perform any other job related duties as assigned

QUALIFICATIONS:

• Bachelor's degree or equivalent in Accounting, Economics, or Finance
• 0 - 2 years' experience in accounting
• Proficient in Microsoft Excel

LIMITATIONS AND DISCLAIMER

The above Job Description is meant to describe the general nature and level of work performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.

All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other team members.

This Job Description in no way states or implies that these are the only duties to be performed by the team member occupying this position. Team Members will be required to follow any other job-related instructions and to perform other job-related duties requested by their supervisor in compliance with federal and state laws.

Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the Team Members must possess the abilities or aptitude to perform each duty proficiently. Continued employment remains on an “at-will” basis.

Job Type: Full-time

Pay: From $66,500.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Health insurance

Work Location: In person