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CoralTree Hospitality

Manages luxury hotels, resorts, residences

Accounting Manager

Financial AccountingConfirmed live in the last 24 hours
Full-timeCle Elum, WA, USA$92.2k - $95k /yr

About the Job

Requirements

  • A bachelor's degree in accounting is required.
  • Four to six years of accounting experience in increasingly complex roles is required.
  • Previous audit and account reconciliation experience is required.
  • Strong organizational skills and attention to detail are required.
  • Ability to grow and develop team members and establish ownership over Association financials is required.
  • Strong time management skills and ability to work under deadlines are required.
  • Comfort learning new technology and teaching others is required.
  • Ability to manage multiple priorities and meet critical deadlines is required.
  • Ten-key by touch is required.
  • Proficiency in Microsoft Office Suite and strong Excel proficiency are required.
  • Strong written and oral communication skills are required.
  • Ability to work both collaboratively and independently is required.

Responsibilities

  • Manage day-to-day general ledger and accounting processes for all Community Associations, including accounts receivable and payable, cash reconciliations, fixed assets, and other general ledger activities.
  • Produce monthly financial statements for the Associations in accordance with GAAP and present the financials to the Boards.
  • Ensure timely and accurate billings, cash receipt applications, and vendor payments; oversee and review AP and AR work, monitor issues, and manage complex issues.
  • Approve AP invoices weekly in accordance with HOA budgeted expenses.
  • Manage correspondence between legal counsel and board members about owners in collections and appropriate next steps in the collection process.
  • Oversee the staff accountant to ensure monthly journal entries, including depreciation, amortization, and other required entries, are recorded accurately and on time with appropriate backup.
  • Review quarterly financial statements for GAAP compliance, including major balance sheet account reconciliations and cash reconciliations performed by others.
  • Perform more complex account reconciliations as determined by the Senior Manager; these may vary over time.
  • Manage audit requests to support timely issuance without adjustments.
  • Present quarterly financials and the annual budget at Board meetings.
  • Manage the Finance Committees for all Associations.
  • Manage the annual budget process, including creating budget templates, updating reserves, and coordinating budget requirements with accounting and operations teams to meet deadlines.
  • Manage reserve funds and monitor certificate of deposit expiration dates to maximize earnings while following contractual obligations.
  • Coordinate and review resale requests.
  • Manage income tax return preparation and review business and occupation tax filings.
  • Provide oversight to team members, including regular feedback and performance reviews.
  • Participate in the consolidated audit workstream as requested by the corporate accounting team.
  • Identify opportunities to improve efficiency and customer satisfaction throughout the accounting function.
  • Respond promptly and accurately to owner, vendor, and internal questions.
  • Identify opportunities to improve efficiency and accuracy of accounting processes and systems.
  • Collaborate with the Director of Community Associations and operational team members on critical matters including insurance, snow removal, and reserve spending.
  • Manage preparation of monthly financial statements and billings for the management company.
  • Provide accounting, reconciliation, and review duties to corporate and development businesses as directed.
  • Perform other duties as required.

About the Company

CoralTree Hospitality

Manages luxury hotels, resorts, residences

CoralTree Hospitality manages luxury hotels, resorts, and residences across the United States, offering comprehensive management services for independent, branded, and soft-branded properties, plus specialized management for golf courses, spas, HOAs, and memberships. It operates with a decentralized, on-site leadership model and delivers operations, marketing, sales, revenue management, brand development, and HR support under management agreements with property owners; it can also oversee vacation rental units and HOA services, recently launching the CoralTree Residence Collection with 1,100+ residences. The company differentiates itself through market-driven, on-site empowerment, a focus on luxury lifestyle properties, and its lineage from Destination Hotels and Two Roads Hospitality supported by Lowe. CoralTree’s goal is to improve property performance and profitability, expand its portfolio, and grow its residence and rental-management offerings across the United States.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Englewood, CO
Founded
Not listed

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