The Watergate Hotel
Base pay range
$72,000.00/yr - $76,000.00/yr
The Watergate Hotel Step inside a legendary revival at The Watergate Hotel, a luxurious urban resort located along the banks of the Potomac River. Here modern design blends with a storied past to redefine luxury. A place where travel and business are occasions worth celebrating, attention to every detail is the standard, and intrigue can be found just beyond every curve.
Location The Watergate Hotel is centrally located in Washington, D.C., a city of political power, prestige, and elegance, which is culturally rich with theaters, museums, architectural splendors, and unforgettable national memorials. The Watergate Hotel is situated within walking distance of the best the city has to offer.
Strategic Intent We are seeking an experienced Senior Accounting Manager to oversee the day‑to‑day accounting operations and assist the Senior Assistant Director of Finance to ensure compliance with financial regulations. This role will be responsible for managing accounts payable, maintaining accurate financial records, and supporting financial reporting and audits. The ideal candidate will have strong leadership skills, in‑depth knowledge of GAAP, and experience in financial planning and analysis.
Organizational Structure REPORTS TO: Assistant Director of Finance
General Duties and Responsibilities
Daily accounting operations, including general ledger, accounts payable, support accounts receivable and payroll as needed
Daily bank reconciliation and sales and use tax reconciliation
Maintain accurate accounts payable, prepayments schedule and accruals accounting records
Review purchase orders, invoices, associate expense reports, check request and travel agency commission to ensure they are approved by appropriate outlet managers and are in compliance with the hotel policy and contractual requirement
Process invoices for payment and conduct weekly check run
Respond to vendor and associates inquiries regarding invoices, expenses, and check request and any discrepancy
Reconcile vendor statement and AP aging
Familiar with the hotel expense general ledger code and ensure expenses are coded correctly in the general ledger account
Maintain vendor files that require ACH/WIRE payment and submit them for approval before setting up any ACH/WIRE
Upload ACH/WIRE transactions to the bank system (SUN Infor)
Conduct weekly/biweekly check run
Prepare daily cash flow forecast, keep track of daily food cost and send reports to Food & Beverage Management
Reconcile monthly prepayment GL and ensure balance sheet reflects a fair reflection of the assets and liabilities
Work closely with the Senior Assistant Director of Finance, providing necessary support regarding month end
Assist in the month end process, manage account payable accrual, post adjusting journal entries, allocate expenses to various departments and perform outstanding check reconciliation
Review and upload credit card transactions to the back system (SUN Infor)
Maintain vendor W9 and prepare annual 1099s
Performs other related duties as assigned by management
Comply with attendance rules and be available to work on a regular basis
Ensure timely and accurate month‑end and year‑end closings, reconciliations, and financial reporting
Experience and Requirements
2+ years of AP and general ledger experience, preferably hotel specific experience
Must possess superior computer skills, with Excel and MS Office; those with on‑property management systems experience will be favored
Knowledgeable in hotel property management is a plus
Bachelor's Degree in Accounting/Finance is required
Must have strong communication skills with fluency in English (verbal and written)
Must be a demonstrated team player with a commitment to delivering their best every day
Must be able to work a flexible schedule to accommodate the business demands of a 24/7 operation
Must be willing to “pitch‑in” and help co‑workers with their job duties and be a team player
Strong organizational skills with attention to detail
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Accounting/Auditing and Finance
Industries Hospitality
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The Watergate Hotel Step inside a legendary revival at The Watergate Hotel, a luxurious urban resort located along the banks of the Potomac River. Here modern design blends with a storied past to redefine luxury. A place where travel and business are occasions worth celebrating, attention to every detail is the standard, and intrigue can be found just beyond every curve.
Location The Watergate Hotel is centrally located in Washington, D.C., a city of political power, prestige, and elegance, which is culturally rich with theaters, museums, architectural splendors, and unforgettable national memorials. The Watergate Hotel is situated within walking distance of the best the city has to offer.
Strategic Intent We are seeking an experienced Senior Accounting Manager to oversee the day‑to‑day accounting operations and assist the Senior Assistant Director of Finance to ensure compliance with financial regulations. This role will be responsible for managing accounts payable, maintaining accurate financial records, and supporting financial reporting and audits. The ideal candidate will have strong leadership skills, in‑depth knowledge of GAAP, and experience in financial planning and analysis.
Organizational Structure REPORTS TO: Assistant Director of Finance
General Duties and Responsibilities
Daily accounting operations, including general ledger, accounts payable, support accounts receivable and payroll as needed
Daily bank reconciliation and sales and use tax reconciliation
Maintain accurate accounts payable, prepayments schedule and accruals accounting records
Review purchase orders, invoices, associate expense reports, check request and travel agency commission to ensure they are approved by appropriate outlet managers and are in compliance with the hotel policy and contractual requirement
Process invoices for payment and conduct weekly check run
Respond to vendor and associates inquiries regarding invoices, expenses, and check request and any discrepancy
Reconcile vendor statement and AP aging
Familiar with the hotel expense general ledger code and ensure expenses are coded correctly in the general ledger account
Maintain vendor files that require ACH/WIRE payment and submit them for approval before setting up any ACH/WIRE
Upload ACH/WIRE transactions to the bank system (SUN Infor)
Conduct weekly/biweekly check run
Prepare daily cash flow forecast, keep track of daily food cost and send reports to Food & Beverage Management
Reconcile monthly prepayment GL and ensure balance sheet reflects a fair reflection of the assets and liabilities
Work closely with the Senior Assistant Director of Finance, providing necessary support regarding month end
Assist in the month end process, manage account payable accrual, post adjusting journal entries, allocate expenses to various departments and perform outstanding check reconciliation
Review and upload credit card transactions to the back system (SUN Infor)
Maintain vendor W9 and prepare annual 1099s
Performs other related duties as assigned by management
Comply with attendance rules and be available to work on a regular basis
Ensure timely and accurate month‑end and year‑end closings, reconciliations, and financial reporting
Experience and Requirements
2+ years of AP and general ledger experience, preferably hotel specific experience
Must possess superior computer skills, with Excel and MS Office; those with on‑property management systems experience will be favored
Knowledgeable in hotel property management is a plus
Bachelor's Degree in Accounting/Finance is required
Must have strong communication skills with fluency in English (verbal and written)
Must be a demonstrated team player with a commitment to delivering their best every day
Must be able to work a flexible schedule to accommodate the business demands of a 24/7 operation
Must be willing to “pitch‑in” and help co‑workers with their job duties and be a team player
Strong organizational skills with attention to detail
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Accounting/Auditing and Finance
Industries Hospitality
#J-18808-Ljbffr