CoralTree Hospitality
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Accounting Manager
role at
CoralTree Hospitality
Overview With a timeless sense of place and a warm, welcoming spirit, Magnolia Hotels offer an elevated stay in the heart of America’s most storied cities. Each hotel in the Magnolia collection blends historic architecture with modern comfort, creating a unique atmosphere where past and present meet with style and ease.
The Accounting Manager oversees all aspects of accounting operations for Magnolia St. Louis. This includes financial reporting, balance sheet management, month‑end close, cash management, internal controls, and auditing support. The position ensures the financial integrity of both properties and assists in driving operational excellence by supporting Finance and collaborating with property leadership teams.
Responsibilities
Help manage daily accounting operations for both properties, including general ledger maintenance, cash handling procedures, and balance sheet reconciliations
Oversee accounts payable, accounts receivable, income auditing, and payroll coordination in partnership with property department heads and centralized corporate support
Assist with monthly, quarterly, and year‑end financial closings; prepare journal entries, accruals, and adjusting entries as necessary
Prepare financial statements, operational analysis reports, and key performance indicator (KPI) tracking for review by the Director of Finance and ownership groups
Ensure compliance with internal control policies, GAAP standards, and company accounting policies across both properties
Support budgeting, forecasting, and capital planning processes
Reconcile bank accounts, credit card reconciliations, and guest ledger accounts monthly
Coordinate internal and external audits by preparing requested schedules and responding to audit inquiries
Train and mentor accounting clerks or property-based finance team members as needed
Maintain confidentiality of all financial data and guest information at all times
Work closely with department leaders (Housekeeping, F&B, Spa, Front Office) to review daily revenue postings, verify expense allocations, and resolve discrepancies
Assist in the preparation of owner reports and investor communications related to property performance
Drive continuous improvement in accounting processes and technology adoption across both resorts
Physical Requirements
Work Environment:
Standard office setting.
Lifting:
Ability to lift items from floor, shoulder, and overhead levels.
Pushing/Pulling:
Occasional movement of objects as needed.
Sitting:
Moderate—comfortable sitting for extended periods.
Standing:
Capable of standing for long durations, up to 10 consecutive hours.
Walking:
1–2 hours daily, including maneuvering in tight spaces.
Climbing & Flexibility:
Ability to bend, squat, kneel, pivot, and stretch; occasional lifting up to 15 lbs.
Balance:
Maintain stability while carrying weight and reaching.
Stooping:
Frequent bending requiring flexibility in knees, back, and lower body.
Qualifications
Bachelor’s degree in accounting
Minimum 2 to 3 years Hospitality experience or equivalent preferred.
Experience in processing A/P, A/R general accounting inclusive of balance sheet reconciliations.
Excellent written and oral communication skills.
Highly organized and detail oriented.
Excellent technical, analytical, and problem‑solving skills.
Strong understanding of GAAP and financial reporting principles.
Excellent interpersonal, team and hospitality skills.
Computer skills: MS Office and the ability to master systems (MICROS, Opera and Oracle EBS).
Benefits
Group medical, dental, vision, life, and disability benefits.
A pre‑tax benefit plan for healthcare and dependent care reimbursement.
An employee assistance program.
Paid time off/sick time.
Participation in a 401(k) plan with a company match.
Team member free room night program.
Pay Rate:
$65,000 – $70,000/yr.
Work Location:
On‑site at St. Louis or Remote (Will require travel)
#Magnolia #Remote #stlouis
Seniority level Entry level
Employment type Full‑time
Job function Accounting/Auditing and Finance
Industries Travel Arrangements and Hospitality
#J-18808-Ljbffr
Accounting Manager
role at
CoralTree Hospitality
Overview With a timeless sense of place and a warm, welcoming spirit, Magnolia Hotels offer an elevated stay in the heart of America’s most storied cities. Each hotel in the Magnolia collection blends historic architecture with modern comfort, creating a unique atmosphere where past and present meet with style and ease.
The Accounting Manager oversees all aspects of accounting operations for Magnolia St. Louis. This includes financial reporting, balance sheet management, month‑end close, cash management, internal controls, and auditing support. The position ensures the financial integrity of both properties and assists in driving operational excellence by supporting Finance and collaborating with property leadership teams.
Responsibilities
Help manage daily accounting operations for both properties, including general ledger maintenance, cash handling procedures, and balance sheet reconciliations
Oversee accounts payable, accounts receivable, income auditing, and payroll coordination in partnership with property department heads and centralized corporate support
Assist with monthly, quarterly, and year‑end financial closings; prepare journal entries, accruals, and adjusting entries as necessary
Prepare financial statements, operational analysis reports, and key performance indicator (KPI) tracking for review by the Director of Finance and ownership groups
Ensure compliance with internal control policies, GAAP standards, and company accounting policies across both properties
Support budgeting, forecasting, and capital planning processes
Reconcile bank accounts, credit card reconciliations, and guest ledger accounts monthly
Coordinate internal and external audits by preparing requested schedules and responding to audit inquiries
Train and mentor accounting clerks or property-based finance team members as needed
Maintain confidentiality of all financial data and guest information at all times
Work closely with department leaders (Housekeeping, F&B, Spa, Front Office) to review daily revenue postings, verify expense allocations, and resolve discrepancies
Assist in the preparation of owner reports and investor communications related to property performance
Drive continuous improvement in accounting processes and technology adoption across both resorts
Physical Requirements
Work Environment:
Standard office setting.
Lifting:
Ability to lift items from floor, shoulder, and overhead levels.
Pushing/Pulling:
Occasional movement of objects as needed.
Sitting:
Moderate—comfortable sitting for extended periods.
Standing:
Capable of standing for long durations, up to 10 consecutive hours.
Walking:
1–2 hours daily, including maneuvering in tight spaces.
Climbing & Flexibility:
Ability to bend, squat, kneel, pivot, and stretch; occasional lifting up to 15 lbs.
Balance:
Maintain stability while carrying weight and reaching.
Stooping:
Frequent bending requiring flexibility in knees, back, and lower body.
Qualifications
Bachelor’s degree in accounting
Minimum 2 to 3 years Hospitality experience or equivalent preferred.
Experience in processing A/P, A/R general accounting inclusive of balance sheet reconciliations.
Excellent written and oral communication skills.
Highly organized and detail oriented.
Excellent technical, analytical, and problem‑solving skills.
Strong understanding of GAAP and financial reporting principles.
Excellent interpersonal, team and hospitality skills.
Computer skills: MS Office and the ability to master systems (MICROS, Opera and Oracle EBS).
Benefits
Group medical, dental, vision, life, and disability benefits.
A pre‑tax benefit plan for healthcare and dependent care reimbursement.
An employee assistance program.
Paid time off/sick time.
Participation in a 401(k) plan with a company match.
Team member free room night program.
Pay Rate:
$65,000 – $70,000/yr.
Work Location:
On‑site at St. Louis or Remote (Will require travel)
#Magnolia #Remote #stlouis
Seniority level Entry level
Employment type Full‑time
Job function Accounting/Auditing and Finance
Industries Travel Arrangements and Hospitality
#J-18808-Ljbffr