Senior Accounting Manager

Magna Hospitality Group is a privately held hotel real estate investment firm that is dedicated exclusively to hotel investment, development, and management. Our professionals specialize in every discipline, including investment, finance, legal, hotel operations, sales and marketing, hotel accounting, human resources, engineering, interior design, and construction. Our TEAM's culture is expressed through T.E.A.M. - Together Everyone Achieves More. T.E.A.M. encourages individuals to succeed as part of a team and be less concerned with themselves as individuals. This culture is an integral component of Magna Hospitality Group's success, and it extends from Magna Hospitality Group Leadership Committee through every Team member at our properties. About the

Role:

The Senior Corporate Accounting Manager plays a critical leadership role overseeing the financial operations across a multi‑property hotel portfolio. This individual will guide and mentor a team of Accounting Managers, ensuring operational excellence, financial accuracy, and a strong internal control environment. The ideal candidate combines deep technical accounting expertise with the ability to inspire, develop, and elevate team performance. They will work cross‑functionally with property leadership, ownership groups, and senior corporate executives to deliver timely insights, streamline processes, and support strategic business initiatives.

Responsibilities:

Leadership & Team Development Provide strong leadership, coaching, and mentorship to a team of 5-8 Accounting Managers, fostering a collaborative, high‑performance culture. Empower direct reports through continuous development, skills training, and proactive performance management. Lead recruiting, onboarding, and career development strategies to build a deep, resilient accounting talent pipeline. Promote best practices across properties and champion continuous improvement initiatives. Financial Management & Oversight Oversee the preparation, review, and analysis of 30+ monthly financial statements, ensuring accuracy, timeliness, and strong analytical commentary. Review and analyze hotel business results, ensuring alignment with financial objectives and identifying opportunities for operational improvement. Provide significant leadership and oversight of Cash Flow reporting and forecasting, including: Daily cash position monitoring Short‑ and long‑term liquidity forecasting Analysis of cash utilization, trends, risks, and opportunities Ensuring cash‑related reporting is accurate, timely, and aligned with organizational financial strategy Approve and monitor monthly bank reconciliations, balance sheet reconciliations, and other key financial schedules prepared by the team. Lead the preparation and analysis of balance sheet, income statement, and expense accounts for multiple properties Strategic Stakeholder Engagement Serve as a primary financial partner to ownership groups and external stakeholders, leading ownership review calls and delivering actionable financial insights. Provide strategic accounting and finance support to the Director of Accounting, VP of Accounting, and CFO, contributing to enterprise‑wide initiatives and decision‑making. Controls & Compliance Ensure strong internal controls are implemented, monitored, and continuously improved to safeguard hotel assets. Lead readiness efforts for SOC 1 implementation and maintain ongoing compliance standards. Support external audits and regulatory reviews by preparing required documentation and guiding team participation. Budgeting, Forecasting & Analysis Oversee the annual budget and forecasting process, ensuring accuracy, consistency, and timely submission across all assigned properties. Lead direct reports through the property‑level budget distribution, training, and review processes. Regularly evaluate financial results to identify trends, risks, and opportunities, presenting findings to senior leadership. Operational Excellence Strengthen department processes through automation, workflow optimization, and adoption of best‑in‑class practices. Ensure team performance meets strict deadlines and service level expectations. Perform ad hoc analysis, special projects, and strategic initiatives as assigned.

Requirements:

Minimum of 3 years of experience leading teams of 3 or more accounting professionals, ideally in a hospitality, multi‑property, or similar corporate accounting environment. Demonstrated experience supporting multi‑site or multi‑property hotel operations, with a strong understanding of hospitality‑focused accounting practices. Advanced knowledge of general ledger structures, balance sheet integrity, and income statement analysis, with the ability to interpret and communicate financial trends. Thorough understanding of bank reconciliation processes, sales tax filings, and core compliance requirements. Exceptional organizational and prioritization skills, with the ability to manage multiple concurrent deadlines in a fast‑paced environment. Flexibility to adjust work hours as needed to support month‑end close, audits, and time‑sensitive business needs. Expert‑level proficiency in Microsoft Excel, including the ability to build and maintain complex worksheets, models, and analytical tools. Proficiency in Microsoft Word and Outlook for documentation, reporting, and communication. Experience with hospitality or accounting systems such as Sage, Peachtree, IntAcct, or Profitsword preferred. Highly detail‑oriented, methodical, and proactive, with strong problem‑solving skills and a focus on accuracy. Self‑starter with the ability to operate independently while maintaining alignment with leadership and organizational goals. Strong written and verbal communication skills, with the ability to clearly convey technical accounting concepts to diverse stakeholders. Analytical thinker capable of applying complex concepts, challenging assumptions, and offering data‑driven insights. Proven ability to work under pressure, meeting strict deadlines while maintaining high quality and consistency

Source:

Hospitality Online