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Financial Analyst
Financial AnalystWright Investments • Memphis, TN, US
No longer accepting applications
Financial Analyst

Financial Analyst

Wright Investments • Memphis, TN, US
30+ days ago
Job type
  • Full-time
Job description

Financial Analyst

Location: Memphis, TN (Hybrid)

Position Summary:

Perform the finance, accounting and operational support activities for owned and company managed hotels. Primary responsibilities will include month end close, balance sheet account analysis, bank reconciliations, and sales tax returns. The Financial Analyst also serves as a resource for the hotel General Managers and the Multi-Property Accountants, ensuring adherence to internal accounting policies.

Key Responsibilities:

  • Oversees day-to-day Accounting functions of assigned properties and corporate books.
  • Oversees all property specific invoices: verifying invoice accuracy and approving
  • Review/post all cash receipts/disbursements in a timely manner
  • Reconcile property specific A/R between corporate or other properties.
  • Prepares and reviews bank reconciliations for all given properties.
  • Record write-offs and monthly loan payments; maintain insurance and real estate taxes roll forward schedules.
  • Reconcile all balance sheet accounts with related schedules, including mortgage accounts, and capital disbursements/contributions.
  • Responsible for full-cycle month-end and prepares monthly & quarterly financial statements within scheduled deadlines in accordance with GAAP.
  • Analyzes monthly & quarterly financial statements and budgets.
  • Tracks Delinquency/Aging and contacts property managers accordingly.
  • Review weekly property account balance to manage cash flow effectively.
  • Calculate the monthly property management fees for property portfolio.
  • Calculate monthly state sales & use taxes and county /city occupancy taxes.
  • Prepare year-end tax work papers and supporting documentation for tax returns.
  • Participate in identifying and resolving problems and inconsistencies, recommending appropriate corrective procedures.
  • Post bi-weekly payroll calculations and calculate monthly payroll accruals for month end.
  • Perform other duties as requested or as responsibilities directed from CFO/Controller.

Qualifications:

  • Bachelor’s Degree in Accounting from an accredited university, preferred.
  • Minimum of three (3) years of applicable accounting experience.
  • Proficiency in Excel should be intermediate level, at a minimum.
  • Must be a self-starter with demonstrated problem-solving skills.
  • Effective and professional verbal and written communication with co-workers, vendors, and customers.
  • Multi-location and/or multi-state accounting experience.
  • Experience with M3 Accounting + Analytics software.
  • Sales tax preparation, including knowledge of tax exemptions and use tax.

Benefits:

  • Medical
  • Dental
  • Vision
  • Company Paid Life & Disability
  • Voluntary Life Products
  • PTO/Sick/Floating Holiday
  • 401k Match

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Financial Analyst • Memphis, TN, US

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