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Director, Real Estate Accounting
Director, Real Estate AccountingChoice Hotels • Rockville, MD, US
Director, Real Estate Accounting

Director, Real Estate Accounting

Choice Hotels • Rockville, MD, US
3 days ago
Job type
  • Full-time
Job description

Real Estate Accounting Team Leader

This position leads the Real Estate Accounting team in order to support the Company's real estate and brand development efforts, which includes developing and operating hotel properties with the Company's brand names. This position will lead a team of Real Estate Accounting professionals and collaborate with the Company's real estate investment and asset management (REIAM), treasury, accounts payable, tax, other accounting and financial reporting teams, and third-party hotel management companies and construction and development companies.

This position leads the Real Estate Accounting team to support the Company's real estate and brand development efforts, including the development and operation of hotel properties. The role oversees accounting and financial reporting across the full real estate lifecyclefrom construction and development to operations. The Senior Manager will collaborate cross-functionally with internal teams and external partners, ensuring compliance with accounting standards and delivering high-quality financial insights. This position manages a team of three and reports directly to the Chief Accounting Officer.

Responsibilities :

  • Lead and mentor the Real Estate Accounting team to execute accounting and financial reporting for owned hotel properties.
  • Oversee monthly, quarterly, and annual financial close processes for wholly-owned and joint venture hotel properties.
  • Review and approve journal entries and financial packages from third-party hotel management companies.
  • Ensure audit readiness and liaise with Internal Audit and external auditors.
  • Maintain compliance with U.S. GAAP and USALI standards; support adoption of new accounting guidance.
  • Interpret and ensure compliance with legal agreements including joint ventures and loan agreements.
  • Review construction and development draws and coordinate ledger entries with Treasury and Corporate Accounting.
  • Prepare and present ad-hoc financial analyses to executives and stakeholders.
  • Support SEC reporting through preparation and review of Forms 10-Q / 10-K footnotes.
  • Participate in cross-functional initiatives and business development projects.
  • Conduct performance evaluations and provide coaching and development to team members.

Qualifications :

Employment Experience :

  • 58 years of progressive accounting and financial reporting experience in public accounting, real estate, or hospitality.
  • Prior experience managing a team is required.
  • Technical Skills :

  • Proficiency in U.S. GAAP; familiarity with USALI preferred.
  • Experience with Oracle Fusion Cloud ERP / EPM or similar large ERP systems.
  • Additional Skills & Competencies :

  • Strong analytical and problem-solving skills.
  • Excellent interpersonal and communication abilities.
  • Ability to manage multiple projects with accuracy and efficiency.
  • Commitment to continuous improvement and operational excellence.
  • Education Requirements :

  • Bachelor's Degree in Accounting or a related financial discipline, or equivalent combination of education and work experience.
  • CPA license preferred.
  • Salary Range

    The salary range for this position is $160,000 - $188,000 annually, in addition to the annual salary. The pay range listed is for this position and is what Choice Hotels reasonably expects to pay. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the pay range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.

    Choice prioritizes our associate wellbeing by offering a comprehensive benefits program that is both competitive and flexible to help you achieve your wellbeing goals - here are just a few :

  • Competitive compensation and benefits, including medical, dental, and vision coverage
  • Leave and paid time-off for holidays, vacation, personal, family, volunteer, sick, jury duty, bereavement, military, and religious observance
  • Financial benefits for retirement and health savings
  • Employee recognition programs
  • Discounts at Choice hotels worldwide
  • About Choice :

    Choice Hotels International, Inc. (NYSE : CHH), is one of the largest lodging franchisors in the world. With 7,500 hotels in 45+ countries and territories, we offer a range of high-quality lodging options in the upper upscale, upper midscale, midscale, extended stay, and economy segments. We're the hotel company for those who choose to bet on themselves the striver, the dreamer, the entrepreneur because that's who we are, too.

    At Choice, we are united by the simple belief that tomorrow will be even better than today for associates, our company, and our franchisees. At our worldwide corporate headquarters in North Bethesda, Maryland, at our technology center in Scottsdale, Arizona, and through our associates around the globe, every voice is heard and every idea is listened to, no matter what area of the company they come from. We are united in supporting the entrepreneurial dreams of our thousands of franchise owners, which propels us forward giving our work at Choice a purpose larger than our business.

    Our corporate office locations :

    North Bethesda, MD Located at Pike & Rose, our worldwide headquarters is less than 15 miles from Washington, D.C., one block away from the North Bethesda Metro station, with easy access to I-495, complimentary parking, electronic charging stations, restaurants and retail.

    Scottsdale, AZ Located at the northwest corner of Loop 101, the Scottsdale office is home to our technology, eCommerce and customer service organizations, with easy access to complimentary parking, electronic charging stations, restaurants and retail.

    Minneapolis, MN Select roles are based in our Minneapolis office on Highway 394, near the intersection with Highway 100, only five minutes from downtown.

    Field / Remote Select roles designated as field / remote will require associates to work from a home office, connecting virtually with Choice team members and leadership on Zoom, with possible required travel depending on the role.

    Choice's Cultural Values :

    Welcome and Respect Everyone | Be Bold | Be Quick | Listen | Be Curious | Show Integrity

    Choice's Leadership Principles :

    Act with Intention | Lead with Authenticity | Grow & Deliver

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