Position: Senior Accountant

Department: Finance

Reports to: Controller

Location: Kent Hospitality Group

JOB SUMMARY: 

Kent Hospitality Group is seeking a Senior Accountant to oversee financial operations, ensure accurate reporting, and support the company’s strategic growth. This role is critical in managing general accounting functions, financial analysis, and compliance across multiple hospitality locations. The ideal candidate will have hospitality industry experience, a strong understanding of revenue recognition, cost controls, and financial reporting, and the ability to thrive in a fast-paced, service-oriented environment.

JOB RESPONSIBILITIES:

Accounts Payable Responsibilities:

• Oversee and manage the end-to-end accounts payable process, ensuring timely and accurate processing of invoices and payments.
• Review, code, and approve vendor invoices, ensuring proper documentation and adherence to company policies.
• Reconcile accounts payable ledger to ensure all payments and expenses are properly accounted for.
• Manage vendor relationships, including negotiating payment terms and resolving disputes or discrepancies.
• Process ACH, wire transfers, and check payments while ensuring compliance with internal controls.
• Monitor cash flow related to payables and provide accurate forecasting.
• Ensure proper tax treatment of vendor payments, including sales tax and 1099 reporting.
• Assist with month-end and year-end closing processes by preparing necessary accruals and reconciliations.
• Collaborate with procurement and other departments to improve purchase order (PO) processes and expense controls.
• Maintain internal controls and compliance with company policies and industry regulations.
• Assist in audit preparation and provide necessary documentation for internal and external audits.
• Train and mentor junior staff on AP processes and best practices.

Financial Analysis

• Analyze financial data to identify trends, opportunities, and areas for cost reduction.
• Identify and implement cost-saving initiatives, including process improvements and efficiency measures.
• Work with various departments to minimize unnecessary expenses.
• Prepare ad-hoc financial reports and analyses as needed.

Banking

• Be an administrator of banking and platforms (Chase Connect, JP Morgan Access)
• Maintain relationships with banking and financial institutions.
• Onboard people as needed with Executive Approval
• Create and/or release wires and ACH when necessary. 
• Monitor cash flow and oversee cash management.
• Assist when needed with case deposits.

Credit Card and Expense Report Management

• Act as the administrator of corporate credit cards
• Develop and maintain expense policies and guidelines for the organization.
• Ensure all receipts are scanned and kept on file.
• Ensure that employees understand and adhere to expense policies and regulations
• Prepare regular reports and presentations on expense trends and variances for management.
• Conduct periodic expense audits to ensure compliance with company policies and regulations.
• Oversee the utilization and optimization of expense management software and tools.
• Train employees on how to use expense management tools effectively.