Magnolia Hotels · 19 hours ago
Assistant Accounting Manager
St Louis, MO
Full-time
Onsite
Entry, Mid Level
$52K/yr - $52K/yr
2+ years expMagnolia Hotels offers an elevated stay experience in America's storied cities, and they are seeking an Assistant Accounting Manager. This role oversees all aspects of accounting operations for Magnolia St. Louis, ensuring financial integrity and supporting operational excellence through collaboration with property leadership teams.
EventsHospitalityHotelLeisure
Responsibilities
Help manage daily accounting operations for both properties, including general ledger maintenance, cash handling procedures, and balance sheet reconciliations
Oversee accounts payable, accounts receivable, income auditing, and payroll coordination in partnership with property department heads and centralized corporate support
Assist with monthly, quarterly, and year-end financial closings; prepare journal entries, accruals, and adjusting entries as necessary
Prepare financial statements, operational analysis reports, and key performance indicator (KPI) tracking for review by the Director of Finance and ownership groups
Ensure compliance with internal control policies, GAAP standards, and company accounting policies across both properties
Support budgeting, forecasting, and capital planning processes
Reconcile bank accounts, credit card reconciliations, and guest ledger accounts monthly
Coordinate internal and external audits by preparing requested schedules and responding to audit inquiries
Train and mentor accounting clerks or property-based finance team members as needed
Maintain confidentiality of all financial data and guest information at all times
Work closely with department leaders (Housekeeping, F&B, Front Office) to review daily revenue postings, verify expense allocations, and resolve discrepancies
Assist in the preparation of owner reports and investor communications related to property performance
Drive continuous improvement in accounting processes and technology adoption across both resorts
Qualification
Required
Bachelor's degree in accounting
Experience in processing A/P, A/R general accounting inclusive of balance sheet reconciliations
Excellent written and oral communication skills
Highly organized and detail oriented
Excellent technical, analytical, and problem-solving skills
Strong understanding of GAAP and financial reporting principles
Excellent interpersonal, team and hospitality skills
Computer skills: MS Office and the ability to master systems (MICROS, Opera and Oracle EBS)
Preferred
Minimum 2 to 3 years Hospitality experience or equivalent preferred
Benefits
Group medical, dental, vision, life, and disability benefits.
A pre-tax benefit plan for healthcare and dependent care reimbursement.
An employee assistance program.
Paid time off/sick time.
Participation in a 401(k) plan with a company match.
Team member free room night program.
Company
Magnolia Hotels
Magnolia Hotels offers a warm reflection of the destination and is dedicated to making guests feel instinctively cared for.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase