Prepare monthly summary and detail construction reports, update historical and projected cash flows and perform analysis for all projects.
Review, analyze and approve invoices for capital expenditures.
Reconcile hotel capital expenditure general ledger account.
Collaborate with Operations and maintain capital expenditure forecast for assigned hotels by project that includes actual spent, committed, and planned against budget .
Assists Operations and Finance in preparing annual capital expenditure budgets and five-year capital expenditure plans.
Review, analyze and approve Purchase Asset Request ("PAR") forms for capital expenditures.
Review project change order requests and PAR updates for completeness and accuracy.
Reconciles capital expenditures and prepares documentation for reimbursement from hotel ownership.
Prepare adjusting entries and job cost entries to correct posting errors to the capital expenditure general ledger account.
Effectively communicate with General Contractors, Project Managers, and Hotel General Managers, regarding project status, contract documents, change orders and any additional services related to the project.
Assist in financial audit and tax filing activities.
Perform special projects as needed.
Key Competencies Required
Experience managing junior resources
Ability to manage performance within a team
Able to motivate individuals in a positive way to perform to the best of their ability
Comfortable managing the administrative aspect of leadership along with daily work activities
Behavioral (Do the Right Thing)
Treat each other with respect
Commit to the team
Be authentic and real
Communicate openly, honestly and clearly
Behavioral (Go Beyond)
Hold yourself and others accountable
Dig deeper and find ways to succeed
Qualifications and Skills
A candidate for this position must possess the following applicable knowledge, skills and abilities and be able to demonstrate and provide applicable examples to support his/her competency.
Must be familiar with double-entry bookkeeping, GAAP Accounting, and have a strong understanding of the general ledger process.
Basic understanding of financial statement preparation and ability to read and analyze income statement and balance sheet.
Minimum of 1 to 3 years of accounting experience with construction or project accounting preferred.
Bachelor's degree or work equivalent and a strong record of success in academic and work environment.
Must be PC proficient and able to thrive in a fast-pace setting.
Ability to proactively communicate and work effectively with hotel staff, corporate management, and internal customers.
Ability to think outside the box and challenge the status quo.
Attention to detail, problem solving and trouble shooting skills are essential.
Excellent oral and written communication.
Ability to multi-task, work under pressure and meet deadlines required.
Must thrive in a teamwork setting and have excellent organizational skills.
Passionate and enthusiastic.
Welcome to Sonesta. These three simple words could open up a whole new world to you. Each of the hotels and resorts in the Sonesta Collection provides a unique experience unrivalled in the hotel industry. Sprung from the classic hoteliers of the mid-20th century, Sonesta enjoys a rich history
Sonesta recognizes that benefits play a vital role in helping ensure the health and financial security of employees and their families. We offer a variety of benefits to our employees including: Medical, Dental and Vision Insurance, Health Savings Account with Company Match, 401(k) Retirement Plan with Company Match, Paid Vacation and Sick Days, Sonesta Hotel Discounts, Educational Assistance, Paid Parental Leave, Company Paid Life Insurance, Company Paid Short Term and Long Term Disability Insurance and Various Employee Perks and Discounts.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.