Photo of The Drake Oak Brook, Autograph Collection, Oak Brook, IL

Hotel Accounting Manager

The Drake Oak Brook, Autograph Collection

2301 York Road
Oak Brook, IL 60523

153 Room Hotel
Managed By First Hospitality

Full-Time

What's in it for you…

  • Insurance enrollment available from DAY 1!
  • Paid time off available from DAY 1!
  • Holiday pay available from DAY 1!
  • 401(k) enrollment after 30 days!
  • Hotel and travel discounts at worldwide destinations!
  • Professional development and promotion opportunities!

About this job…

Hotel Accounting Managers are detail-oriented, data- and process-driven, and highly focused on accuracy.  Hotel Accounting Managers ensure proper invoice coding and processing, complete month-end accounting processes and statements, reconcile accounts, complete journal entries and edits, and assist the total hotel accounting process.  Successful candidates will adeptly manage many transactions while maintaining exceptional organization of data.  The key responsibility of a Hotel Accounting Manager is to deliver timely and accurate accounting reports in accordance with company and general accounting practices.

What you’ll be doing…

  • Establish and Monitor Financial Systems: Accounting managers create, monitor, and evaluate financial systems within their organizations. They collect, analyze, verify, and report financial information to document firms' financial performance and position companies to make well-informed financial decisions.
  • Meet Financial Objectives: Accounting managers recommend forecasting requirements, draft annual budgets, and project expenditures to prepare periodic statements and meet financial regulatory requirements. They analyze general ledger variances and suggest corrective action for management's approval to meet annual accounting financial objectives.
  • Achieve Operational Objectives: These professionals develop action plans, audit operations, and propose efficiency improvements. Skilled accounting managers lead the accounting team to provide accurate, timely data and recommendations.
  • Monitor Revenue and Expenses: An accounting manager ensures companies' financial well-being by tracking revenue and expenses, consolidating and analyzing financial data, preparing special reports, maintaining internal controls and other best practices, and reporting activity to internal and external customers.

Success Factors…

Experience & Education: 

  • 2+ years of accounting experience, preferably with hotels or property management
  • 4-year degree in accounting or finance, or equivalent education and experience
  • Financial Close Experience: Financial close completes all financial transactions for the month, quarter, or year to ensure financial statements accurately represent the reporting period. The financial close process also uncovers errors or discrepancies recorded in the financial statements before publication.
  • Microsoft Excel: There are many ways accounting managers leverage Microsoft Excel to streamline data. Some duties include automating repetitive tasks, creating sophisticated financial models, and streamlining data analysis.

Communication:

    • Management: Management and supervisory skills allow managers to plan and organize work, set priorities, and delegate tasks. Additionally, these skills help leaders communicate effectively with team members to resolve conflicts and make decisions aligned with company priorities.
    • Communication: Successful accounting managers effectively communicate financial information to employees, shareholders, and other interested parties. Communication skills allow these professionals to simplify complex financial concepts, build relationships with key stakeholders, and prepare concise financial reports that accurately reflect organizations' financial health.
    • Eye for Detail: Accounting managers must accurately track and record financial transactions, using a keen eye for detail to find and correct discrepancies. This information helps companies make important financial and operational decisions. Thus, financial transactions and reports must be accurate.
    • Organizational Skills: Organizational and time management skills help accounting managers track and prioritize ongoing projects and tasks. With these abilities, accounting managers can effectively launch, monitor, and evaluate accounting operations and deliverables.

Physical:

  • 8+ hours per day sitting at desk/computer
  • Manual dexterity and repetitive motions required throughout workday

About First Hospitality…

Founded in 1985 and based in Chicago, First Hospitality is a forward-thinking hotel development, investment, and management company.  First Hospitality’s strategic vision is to create value for all through excellence and an openness to doing things differently.

First Hospitality seeks to attract and retain a high-performing and diverse workforce in which employee’s differences are respected and valued to better meet the varying needs of the customers we serve.  FH fosters an inclusive work environment that promotes collaboration, flexibility, and fairness.  Equal Opportunity Employer.

Posted March 25, 2024

The Drake Oak Brook, Autograph Collection

LOSE YOURSELF IN HISTORY AT OUR OAK BROOK, IL, HOTEL

Follow Chicago icons' footsteps and reserve a hotel room at the Drake Oak Brook, Autograph Collection. A beacon of style and class since the 1960s, our Oak Brook, IL hotel, is easily accessible from O’Hare and Midway airports. A sense of grandeur marks your arrival at the hotel as sumptuous furnishings and impressive artwork greet you. After check-in, explore attractions like the Brookfield Zoo or Oakbrook Center shopping—or immerse yourself in the energy of downtown Chicago. Upon your return, relax in luxury hotel accommodations equipped with superb bedding and modern features, followed by a session in the fitness center. Dinner options include our signature Colonial Room or cocktails and bar fare at Polo Lounge. Meeting and wedding guests appreciate our elegant, European-inspired event spaces. Our motto is Ubi Tempus Quietus, or “where time rests.” So travel to a bygone era of refinement while staying at our renowned Oak Brook, Chicago, hotel.