Accounting Manager – Hospitality Division
Description
Summary:
Accounting Manager oversees the day-to-day accounting operations and financial reporting for our hospitality businesses. This position is based at our corporate headquarters in Lawrence, Massachusetts, and will play a critical role in ensuring financial accuracy, strengthening internal controls, and providing meaningful financial insights to support operational and strategic decisions.
The ideal candidate combines strong technical accounting expertise with a practical, business-oriented approach and thrives in a fast-paced, multi-entity environment.
Key Responsibilities
Accounting Operations & Financial Reporting
· Oversee daily accounting activities for the hospitality division, including general ledger, accounts payable, accounts receivable, and account reconciliations.
· Manage the monthly, quarterly, and annual financial close processes, ensuring timely and accurate reporting.
· Prepare and review financial statements, journal entries, accruals, and supporting schedules in accordance with GAAP.
· Maintain accurate financial records across multiple restaurant locations and legal entities.
· Monitor cash activity, bank reconciliations, intercompany transactions, and balance sheet accounts.
· Coordinate with external accountants, auditors, and tax professionals as needed.
Financial Analysis & Operational Support
· Partner with hospitality leadership to review financial performance, identify trends, and improve profitability.
· Analyze restaurant-level financial results, including revenue, cost of goods sold, labor costs, operating expenses, and margins.
· Support annual budgeting, forecasting, and financial planning initiatives.
· Investigate financial variances and provide actionable recommendations to leadership.
· Assist with financial reporting for new locations, business initiatives, and operational improvements.
Controls, Systems & Process Improvement
· Develop, maintain, and strengthen accounting policies, procedures, and internal controls.
· Identify opportunities to streamline accounting processes, improve reporting accuracy, and increase operational efficiency.
· Ensure accurate reconciliation of point-of-sale activity, credit card transactions, cash receipts, and other restaurant-related financial transactions.
· Support the integration and optimization of accounting systems and financial reporting tools.
· Ensure compliance with applicable accounting standards and financial reporting requirements.
Leadership & Collaboration
· Provide oversight, guidance, and support to accounting personnel, as applicable.
· Collaborate with Finance, Operations, Payroll, and restaurant management teams to resolve accounting issues and improve financial visibility.
· Serve as a trusted financial resource to hospitality leadership and corporate management.
· Support additional accounting and finance projects as business needs evolve.