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Chief Accountant

Chief Accountant

HyattSacramento, CA, United States
1 day ago
Job type
  • Full-time
Job description

At Hyatt, we believe in the power of belonging- of making people feel at home no matter where they are in the world. We turn trips into journeys, encounters into experiences, and jobs into careers. Join a team that is making travel more human. Connected. Sustainable. Here, everyone's role matters. Opportunities are yours to shape. Your individuality is celebrated. At the heart of Hyatt is our shared belief that hospitality is more than just a job - it's a career for people who care.

Ideally situated across from the stunning and lush 40-acre California Capitol State Park - and surrounded by restaurants, shopping, and nightlife - our recently redesigned downtown Sacramento, California hotel places you in a serene urban oasis within walking distance of Capitol Mall, Crocker Art Museum, Old Sacramento Waterfront and more. Enjoy the expansive resort-style pool deck, savor an exquisite dinner beside an outdoor fireplace, or take in the city skyline views from your guest room.

As the Hotel Chief Accountant, you will oversee all aspects of financial management and accounting operations within the hotel. You will be responsible for maintaining accurate financial records, implementing internal controls, and providing strategic financial guidance to senior management. Your leadership and expertise will ensure the hotel's financial success and compliance with relevant regulations.

Responsibilities :

  • Financial Management :

Oversee the day-to-day accounting operations of the hotel, including accounts payable, accounts receivable, general ledger, and payroll.

  • Ensure the accuracy and integrity of financial data and adherence to accounting principles and standards.
  • Develop and implement policies and procedures to streamline financial processes and improve efficiency.
  • Financial Reporting :
  • Prepare monthly, quarterly, and annual financial statements.

  • Analyze financial performance and provide insights to senior management.
  • Present financial reports and analysis to Director of Finance and Leadership Committee.
  • Budgeting and Forecasting :
  • Lead the annual budgeting process and collaborate with department heads to develop comprehensive budgets.

  • Monitor budget performance and provide variance analysis and explanations.
  • Prepare financial forecasts and projections to support strategic planning and decision-making.
  • Manage the distribution of critical daily reports to the hotel management team, such as the Daily Report, Negative Postings, POS Voids and S&P reports
  • Internal Controls and Compliance :
  • Develop and maintain internal controls to safeguard assets and ensure compliance with financial regulations.

  • Conduct regular audits to assess the effectiveness of internal controls and identify areas for improvement.
  • Ensure compliance with tax regulations and assist in the preparation of tax returns.
  • Oversee the Purchasing Card process at the hotel to ensure timely coding, proper approval and collection of necessary backups.
  • Assist Director of Finance with completing the year-end audit process.  Review and approve all reconciliations and audit work papers.  Participate in and respond to auditor requests to ensure total hotel compliance.
  • Team Leadership :
  • Supervise and mentor accounting staff, providing guidance and support as needed.

  • Foster a culture of collaboration, accountability, and continuous improvement within the accounting department.
  • Conduct performance evaluations and provide feedback to staff to promote professional development.
  • Financial Analysis and Strategic Planning :
  • Conduct financial analysis to identify trends, opportunities, and risks.

  • Provide strategic financial guidance to senior management to support decision-making.
  • Evaluate investment opportunities and cost-saving initiatives.
  • This position has a salary compensation ranging from $69,900-$104,700.

    We offer excellent benefits :

  • Free room nights, Discounted and Friends & Family Room Rates
  • Medical, Prescription, Dental and Vision Insurance
  • 401K with company match
  • Paid Vacation, sick days, new child leave and personal day
  • Paid Family Bonding Time and Adoption Assistance
  • Tuition Reimbursement
  • Free colleague meals during shift
  • Employee Stock Purchase Plan
  • Discounts at various retailers – Apple, AT&T, Verizon, Headspace and many more
  • Why make a good choice when you can make a Timeless one by applying for your next career opportunity with a Hyatt Regency hotel? Hyatt Regency hotels provide superior services and elevated experiences. Looking for a Timeless beginning in your next career? Apply today at careers.hyatt.com.

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    Chief Accountant • Sacramento, CA, United States

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