Senior Staff Accountant, Joint Venture Accounting

Senior Staff Accountant, Joint Venture Accounting

Location:

Bethesda, MD

Purpose:

The Senior Staff Accounting, Joint Venture (JV) Accounting is responsible for supporting all aspects of accounting for joint ventures. The primary responsibilities include financial reporting, profit sharing and cash distribution calculations, management fees calculations, loan tracking and reserve analysis, maintaining compliance with financial terms of JV contracts, coordinating audits with external auditors, and reconciling all related general ledger accounts.

Essential Functions:

• Assists with calculations and payments of JV partner cash flow distributions and management fees
• Assists with preparation of monthly financial statements for all joint ventures
• Supports the collection of joint venture receivables and notes
• Assists with preparation of tax packages
• Assists with monthly journal entry preparations
• Assists with reconciling minority interest payables, loan balances and other joint venture balance sheet accounts
• Assists with audit schedules for preliminary and annual audits for internal and external auditors
• Assists with preparation and maintenance of JV receivables and notes
• Interact with Legal, Business Development and Operations Management on joint ventures related matter

Reporting Relationship:
This position reports into the Director of JV Accounting

Minimum Qualifications, Knowledge, Skills, and Work Environment:

Education and Experience:

In a technical role:
Requires at least 3 years of accounting experience A bachelor's degree in Accounting, or Finance CPA, CPA Candidate or MBA preferred Joint Venture accounting a plus In the industry: 3-5 years of hospitality, F&B and/or retail experience Specialized Training:
Training that leads to a clear and thorough understanding of IFRS reporting Specialized Skillset/Competencies/Traits Strong financial acumen and also has the mindset required to understand the long-term implications of accounting to advance the organizations goals Advanced Microsoft Excel skills Proficient ERP skills with SAP Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances Demonstrated history of creating and maintaining positive work environments

Avalta, including Dufry, HMSHost Corporation, Hudson, and affiliates ("the Company"), is an equal opportunity employer. It is the Company's policy to ensure equal employment opportunity in all aspects of employment and to comply with anti-discrimination laws and regulations. The Company prohibits discrimination and harassment of any type and provides equal opportunities to applicants and team members without regard to actual or perceived race, color, creed, age, religion, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity or gender expression (including transgender status), sexual orientation, national origin, disability, military service and veteran status, ancestry, citizenship status, marital status, protected medical condition as defined by applicable state or local law, genetic information, or any other basis protected by applicable federal, state or local laws and ordinances (referred to as "protected characteristics").