Hotel Accountant

6 hours ago

Sydney, New South Wales, Australia Rydges World Square Full time $80,000 - $120,000 per year

Rydges World Square Sydney is seeking a Hotel Accountant. This role would suit an experienced person who is already in the Hospitality Industry. The candidate will require a minimum tertiary qualification of a Bachelor of Finance or Accounting.

This is a great opportunity to consolidate yourself in the Hotel Finance Environment and move ahead with your career in this exciting industry.

Key Responsibilities

  • Provide monthly financial statements for presentation to the Hotel Management and Owners.
  • Meet with Departmental Managers each month to review Departmental Profit & Loss statements and review of all department expenses for the month.
  • Provide financial and commercial support to Financial Controller, General Manager, Department Managers, and Owners.
  • Formulate and take control of the Annual Budget Process (Revenue, Manning Guides & Expenses).
  • Deliver break-even analysis for proposed business activities, in collaboration with senior Departmental Managers.
  • Maintain and enforce internal control systems and ensure compliance with financial policies.
  • Review the Hotel operating costs to provide measures to reduce costs to meet KPI cost targets.
  • Lead financial planning and analysis activities including weekly, monthly and quarterly forecasting and cashflow reporting.
  • Oversee daily, weekly, and monthly operational reporting such as revenue tracking, payroll, and food & beverage cost of sales analysis.
  • Prepare the monthly Business Activity Statement (BAS).
  • Manage weekly employee payroll processing and ensure compliance with award provisions, knowledge on employee visa restrictions, and tax legislation.
  • Prepare and approve Employee Contracts and Employee on-boarding.
  • Oversee and assist with the purchasing, accounts receivable, and accounts payable processes.
  • Coach and develop finance and business support staff while promoting a disciplined cost-control environment across the hotel.

Skills & Experience

  • SUN Systems accounting (Minimum intermediate level proficiency ) or similar experience including advanced Q&A reporting is required.
  • Opera Cloud or Opera V5 Property Management System (PMS) experience or similar including Accounts Receivable module.
  • Microsoft Excel at Advanced level.
  • Proven experience in large hotel finance operations is highly desirable, with a strong understanding of operational and commercial financial management.
  • Candidates must have 1-2 years of hotel finance experience to be considered for this position.
  • Skilled in providing strategic financial advice, including break-even analysis and business case support.
  • Strong knowledge of internal control daily and monthly workflows using Tyalls Hotel Audit Program.
  • Proficient in budgeting, forecasting, variance analysis, and developing action plans to improve financial performance.
  • Advanced reporting capabilities, including daily revenue tracking, payroll reporting, and food & beverage cost analysis.
  • Experience managing payroll processes and ensuring compliance with relevant awards, visa regulations, and tax legislation.
  • Demonstrated ability to implement and manage purchasing, credit, and accounts payable procedures with transparency and efficiency.
  • Effective leadership and coaching skills, with the ability to develop finance and business support teams across multiple properties.
  • Australian work authorisation is required for this position.

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