Full-Time

Accounting Manager

Updated on 8/1/2026

Deadline 6/5/27
Hersha Hospitality Management

Hersha Hospitality Management

1,001-5,000 employees

Manages hotels and investments for owners

No salary listed

Philadelphia, PA, USA

In Person

Category
Accounting (1)
Required Skills
Microsoft Office
Forecasting
Data Analysis
Excel/Numbers/Sheets

Get referred to Hersha Hospitality Management

See people who can refer or advise you

Requirements
  • Previous accounting experience in the hospitality industry is preferred.
  • Working knowledge of Microsoft Office applications, including advanced skills in Excel, is required.
  • The role requires sitting for extended periods, lifting up to 10 pounds, bending, reaching, and using hands and fingers to operate a keyboard.
  • The role requires following safe work habits, wearing protective safety equipment, and following material safety data sheet and Occupational Safety and Health Administration standards.
Responsibilities
  • Interview, select, train, schedule, coach, and support associates to ensure they perform according to established brand or hotel standards and company values.
  • Plan and organize the work of the hotel accounting team, adjusting priorities as needed to meet reporting deadlines.
  • Review ledger account reconciliations, including bank statements, assets, liabilities, and credit cards.
  • Oversee and ensure that internal audit standards are met.
  • Review invoices for goods and services and sign disbursement checks.
  • Monitor the coding of cash receipts.
  • Prepare monthly utility and telephone accruals.
  • Coordinate and review monthly financial statements for accuracy.
  • Research, analyze, and provide insight into financial trends, statistical ratios, variances, budgeting, and forecasting.
  • Administer house banks and conduct audits.
  • Coordinate with the corporate accounting department to monitor payroll functions.
  • Monitor inventory records to control the accuracy of supply distribution.
  • Review tax returns to ensure compliance with state and federal regulations.
  • Prepare annual depreciation schedules for furniture, equipment, building supplies, revisions, and alterations.
  • Assist with human resources needs when requested by management.
  • Perform other duties as requested by management.
  • Work varying schedules, including occasional evenings, holidays, and weekends, when required to meet accounting deadlines.
Desired Qualifications
  • Previous accounting experience in the hospitality industry.
Hersha Hospitality Management

Hersha Hospitality Management

View

HHM Hospitality Management (HHM) runs and oversees hotels for owners and investors across the United States. It provides hotel management and investment services, handling day-to-day operations, sales, marketing, and financial performance to improve profitability. The main product is the management of hotel properties on behalf of owners, with revenue coming from management fees, shared incentives based on performance, and returns from investments. HHM differentiates itself through deep industry experience, a strong leadership team, and a broad U.S. portfolio that serves both business and leisure travelers, plus a commitment to community engagement and sustainability. The company’s goal is to help property owners maximize efficiency and profitability while delivering quality guest experiences and contributing to local communities.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Philadelphia, Pennsylvania

Founded

2006

Get referred to Hersha Hospitality Management

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Expands luxury portfolio with 19 high RevPAR hotels in NYC, DC, Boston.
  • Collaborates with Monarch Alternative Capital for new property management.
  • Adds irreplaceable Cape Cod beachfront resort enhancing high-value assets.

What critics are saying

  • High turnover from poor management erodes efficiency in 3-6 months.
  • Highgate Hotels poaches contracts with superior tech in 12-24 months.
  • Labor shortages in Philadelphia, New York spike wages 15-20% ongoing.

What makes Hersha Hospitality Management unique

  • Manages 240 hotels generating over $2BN in revenues across US and Canada.
  • Partners with Certares to acquire unique Sea Crest Beach Hotel in 2023.
  • Preferred by institutional owners for operational outperformance and stability.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Time Off

401(k) Company Match

Free Basic Life Insurance

Employee Assistance and Wellness Program

Educational/Professional Development

Travel Discounts

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

28%

1 year growth

28%

2 year growth

28%
GlobeNewswire
Jan 23rd, 2023
Certares And Hhm Partner To Acquire Irreplaceable Beachfront Cape Cod Resort

NEW YORK, NY, Jan. 23, 2023 (GLOBE NEWSWIRE) -- NEW YORK, NY – January 23, 2023…  Certares Management LLC (together with its affiliates, “Certares”), a leading investment specialist dedicated to the travel, tourism, and hospitality sectors, has acquired the Sea Crest Beach Hotel. The 263-room independent resort is recently renovated and sits on a 700+ foot private stretch of beach along Buzzards Bay in Falmouth. As Upper Cape Cod's only beachfront hotel, the 20-acre resort boasts breathtaking views, freshly modernized guest rooms and suites, a charming 3-bedroom cottage, premier onsite dining and bars, year-round activities, and spacious event space for meetings and events. “We are excited to add this irreplaceable, historic asset to our growing portfolio, as well as continuing our investment partnership with HHM. This resort is truly unique in New England due to its proximity to Boston, expansiveness of beachfront real estate, and one-of-a-kind sunset views on the East Coast,” said Nolan Hecht, Senior Managing Director at Certares

The Business Journals
Jul 15th, 2022
Hhmhospitality partners with Monarch Alternative Capital LP

Philadelphia-based Hersha Hospitality Management, the firm listed in county records as the buying entity, will partner with Monarch to operate and manage the properties, said the release.

PR Newswire
Jul 13th, 2022
Monarch Alternative Capital Grows Orlando Hospitality Portfolio Through Multiple Acquisitions

NEW YORK and LONDON, July 13, 2022 /PRNewswire/ -- Monarch Alternative Capital LP, a leading investment firm with approximately $9.4 billion of assets under management, announced the purchase of three hotels in Orlando, Florida. Given the firm's established reputation within the market, Monarch was able to acquire the newly-built, high quality properties located in Orlando submarkets adjacent to Monarch's existing hotels at a discount to replacement cost in off-market transactions. With these acquisitions, Monarch's hospitality portfolio in Orlando now totals approximately 2,000 keys across seven properties. As the Orlando market continues to show encouraging signs of economic recovery, these hotel purchases exemplify Monarch's ability to identify and invest in premium properties in an attractive and dynamic market that is poised to outperform as the business cycle evolves. Monarch purchased the Aloft Orlando ("Aloft") and the Holiday Inn Express & Suites Orlando ("Holiday Inn Express"), both located in the Lake Buena Vista submarket within close proximity to Disney World. In addition, the firm acquired the TownePlace Suites Orlando ("TownePlace Suites") located in the Universal Studios submarket. In aggregate, the three properties represent over 430 keys. Relative to other limited-service hotels, each asset offers a high-end room product, multiple food and beverage options, an outdoor swimming pool, and an on-site fitness center. In addition, the Aloft and Holiday Inn Express combined have over 2,700 square feet of meeting and banquet space, which can be used for additional events, special occasions, and business needs