Waikiki Resort Hotel
Assistant Accounting and Revenue Manager
Waikiki Resort Hotel, Honolulu, Hawaii, United States, 96814
Job Title:
Assistant Accounting & Revenue Manager Department:
Finance Employment Type:
Full-Time Location:
Waikiki Resort Hotel, Honolulu, HI Overview
The Assistant Accounting & Revenue Manager is responsible for overseeing the financial operations and revenue management strategies of the Waikiki Resort Hotel. This dual-role position ensures fiscal integrity, accurate financial reporting, and compliance with accounting standards while also optimizing room revenue, occupancy, and average daily rate (ADR). The Assistant Accounting & Revenue Manager supervises the reservation’s team, manages financial statements, audits, and budgets, and leverages data-driven insights to maximize RevPAR. In addition, this position directs reservation operations, competitive market analysis, and pricing strategies to ensure both financial success and guest satisfaction. Essential Duties and Responsibilities
Accounting Functions
Supervise daily accounting operations, including accounts payable, accounts receivable, payroll, and general ledger management. Prepare and review monthly, quarterly, and annual financial statements and reports. Monitor and reconcile bank accounts, balance sheets, and revenue postings. Ensure compliance with GAAP, tax regulations, and internal controls. Coordinate annual budget preparation and monitor departmental expenditures. Oversee preparation of financial reports for ownership, management, and auditors. Implement and enforce accounting policies, procedures, and controls. Provide guidance and training to accounting staff to ensure accuracy and efficiency. Manage relationships with auditors, vendors, and financial institutions. Revenue & Reservations Functions
Develop and implement strategies to optimize occupancy, ADR, and RevPAR. Analyze booking trends, market demand, and historical data to adjust pricing and inventory strategies. Monitor and manage parity rate and distribution across all channels (OTA, direct, GDS). Conduct STR report reviews, competitive set analysis, and identify market shifts. Forecast occupancy, revenue, and demand weekly, monthly, and annually. Optimize inventory and pricing using Opera Cloud and related revenue systems. Lead and manage the Reservations team to ensure accuracy and efficiency of all bookings. Collaborate with Sales, Marketing, and Front Office to align promotions, group pricing, and forecasts. Participate in budget planning and provide financial and revenue performance reporting to senior management. Identify process improvements and implement automation tools to enhance efficiency. Qualifications
High School or equivalent education required. Minimum 3–5 years of progressive accounting and/or revenue management experience, with at least 2 years in a supervisory role. Proficiency with Opera Cloud, PMS/POS systems, channel managers, and Microsoft Office Suite (Excel, Word, Outlook). Strong knowledge of GAAP, financial reporting, forecasting, and internal controls. Excellent analytical, problem-solving, and strategic thinking skills. Strong communication and interpersonal skills; ability to collaborate cross-functionally. Ability to manage multiple priorities, meet deadlines, and adapt to changing business needs. Preferred Skills
Bachelor’s degree in accounting, Finance, Hotel Management, Business Administration, or related field required. CPA designation or progress toward certification. Experience in hospitality accounting, reservations, and collective bargaining agreements (CBA). Knowledge of union payroll processes, service charge distribution, and hotel financial practices. Familiarity with OTA platforms, booking engines, and travel industry distribution. Multilingual abilities (Korean or Japanese) a plus. Proven leadership skills with ability to mentor and develop both accounting and reservations team members. Physical Demands
Regularly required to sit, review detailed financial and booking reports; use a computer. Must be able to work flexible hours to respond to business needs. Source: Hospitality Online
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Assistant Accounting & Revenue Manager Department:
Finance Employment Type:
Full-Time Location:
Waikiki Resort Hotel, Honolulu, HI Overview
The Assistant Accounting & Revenue Manager is responsible for overseeing the financial operations and revenue management strategies of the Waikiki Resort Hotel. This dual-role position ensures fiscal integrity, accurate financial reporting, and compliance with accounting standards while also optimizing room revenue, occupancy, and average daily rate (ADR). The Assistant Accounting & Revenue Manager supervises the reservation’s team, manages financial statements, audits, and budgets, and leverages data-driven insights to maximize RevPAR. In addition, this position directs reservation operations, competitive market analysis, and pricing strategies to ensure both financial success and guest satisfaction. Essential Duties and Responsibilities
Accounting Functions
Supervise daily accounting operations, including accounts payable, accounts receivable, payroll, and general ledger management. Prepare and review monthly, quarterly, and annual financial statements and reports. Monitor and reconcile bank accounts, balance sheets, and revenue postings. Ensure compliance with GAAP, tax regulations, and internal controls. Coordinate annual budget preparation and monitor departmental expenditures. Oversee preparation of financial reports for ownership, management, and auditors. Implement and enforce accounting policies, procedures, and controls. Provide guidance and training to accounting staff to ensure accuracy and efficiency. Manage relationships with auditors, vendors, and financial institutions. Revenue & Reservations Functions
Develop and implement strategies to optimize occupancy, ADR, and RevPAR. Analyze booking trends, market demand, and historical data to adjust pricing and inventory strategies. Monitor and manage parity rate and distribution across all channels (OTA, direct, GDS). Conduct STR report reviews, competitive set analysis, and identify market shifts. Forecast occupancy, revenue, and demand weekly, monthly, and annually. Optimize inventory and pricing using Opera Cloud and related revenue systems. Lead and manage the Reservations team to ensure accuracy and efficiency of all bookings. Collaborate with Sales, Marketing, and Front Office to align promotions, group pricing, and forecasts. Participate in budget planning and provide financial and revenue performance reporting to senior management. Identify process improvements and implement automation tools to enhance efficiency. Qualifications
High School or equivalent education required. Minimum 3–5 years of progressive accounting and/or revenue management experience, with at least 2 years in a supervisory role. Proficiency with Opera Cloud, PMS/POS systems, channel managers, and Microsoft Office Suite (Excel, Word, Outlook). Strong knowledge of GAAP, financial reporting, forecasting, and internal controls. Excellent analytical, problem-solving, and strategic thinking skills. Strong communication and interpersonal skills; ability to collaborate cross-functionally. Ability to manage multiple priorities, meet deadlines, and adapt to changing business needs. Preferred Skills
Bachelor’s degree in accounting, Finance, Hotel Management, Business Administration, or related field required. CPA designation or progress toward certification. Experience in hospitality accounting, reservations, and collective bargaining agreements (CBA). Knowledge of union payroll processes, service charge distribution, and hotel financial practices. Familiarity with OTA platforms, booking engines, and travel industry distribution. Multilingual abilities (Korean or Japanese) a plus. Proven leadership skills with ability to mentor and develop both accounting and reservations team members. Physical Demands
Regularly required to sit, review detailed financial and booking reports; use a computer. Must be able to work flexible hours to respond to business needs. Source: Hospitality Online
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