Staff Accountant Job Boston area,Massachusetts USA,Accounting

Highgate Hotels

Highgate is a leading real estate investment and hospitality management company with over $15 billion of assets under management and a global portfolio of more than 400 hotels spanning North America, Europe, the Caribbean, and Latin America. With a 30-year track record as an innovator in the hospitality industry, this forward-thinking company provides expert guidance through all stages of the property cycle, from planning and development through recapitalization or disposition.

Highgate continues to demonstrate success in developing a diverse portfolio of bespoke lifestyle hotel brands, legacy brands, and independent hotels and resorts, featuring contemporary programming and digital acumen. The company utilizes industry-leading revenue management tools that efficiently identify and predict evolving market dynamics to drive out performance and maximize asset value. With an executive team of seasoned hospitality leaders and corporate offices worldwide, Highgate is a trusted partner for top ownership groups and major hotel brands.

Yearly
Highgate Hotels

Location

The Newbury Boston at One Newbury Street, located in the premier shopping and dining neighborhood of Boston’s Back Bay is an iconic property originally opened in 1927 as one of the first Ritz-Carlton hotels in the U.S. and most recently was the Taj Boston. The building was recently transformed into a 286-room luxury hotel with 16,000-sq-ft of stunning event spaces, signature dining experiences and a reimagined front entrance on Newbury Street.

Overview

The Staff Accountant is responsible for assisting the Director of Finance and staff in maintaining accurate and timely financial reporting; ensuring acceptable levels of internal control; ensuring compliance with all federal, state, and local regulations and Highgate Hotels Standard Operating Procedures; and safeguarding owners/investors assets. For this role, the emphasis is placed on the management of Accounts payable, General Cashier and Income Audit.

Responsibilities

Review Income Audit report daily (Send daily DHR & manage Night audit packets through MDO & Revenue reporting through Profit sage).
Prepare weekly Tax reconciliation for Room occupancy and Meals Tax.
Reconcile OTA and 3rd party billings and receiveables
Post wires/checks daily
Group Event billings and corporate account billings.
Processing refunds, credit memos, and adjustments
Daily Adjustment review & Daily credit card rebate review.
Assist in the monthly close process by posting journal entries related to payroll, prepaid etc.
Collect and reconcile vendor statement on a weekly basis.
Monitor, prepare, and communicate financial reports in accordance with Highgate Hotels required due dates.
Perform general cashier duties for the property.
Manage accounting support team in charge of processing AP invoices and month end process.
Handle customer inquiries in a professional and timely manner, provide customers with accurate invoices, statements, and schedules.
Monitor guest ledger, advance deposit ledger and any other related ledgers to ensure proper internal control.
Keep management aware of any unusual…