Senior Accountant – U.S. Hospitality & Restaurant AccountingLocation
India (Remote)
Employment Type
Full Time
About Us
We are a U.S.-based accounting and hospitality management company providing accounting, financial reporting, and advisory services to hotels, restaurants, franchise organizations, and hospitality management companies throughout the United States.
We are seeking a highly skilled Senior Accountant with strong knowledge of U.S. accounting standards, financial reporting, and hospitality accounting. The ideal candidate will have experience supporting U.S.-based clients and preparing financial statements for hotels, restaurants, and multi-unit operations.
This role requires an individual who is highly analytical, detail-oriented, technologically advanced, and comfortable utilizing Artificial Intelligence (AI) tools to improve efficiency, reporting accuracy, and accounting workflows.
Key ResponsibilitiesFinancial Accounting & Reporting
- Prepare monthly, quarterly, and annual financial statements in accordance with U.S. GAAP.
- Prepare Balance Sheets, Income Statements, Cash Flow Statements, and supporting schedules.
- Perform month-end and year-end closing procedures.
- Prepare journal entries, accruals, prepaids, fixed asset schedules, and depreciation entries.
- Analyze financial results and investigate unusual variances.
- Prepare management reporting packages for hotel owners, restaurant operators, and executives.
Hospitality & Restaurant Accounting
- Reconcile daily sales from POS systems.
- Review revenue from restaurants, catering, delivery platforms, gift cards, and loyalty programs.
- Reconcile hotel room revenue, occupancy reports, ADR, RevPAR, and departmental revenues.
- Analyze food cost percentages, labor costs, payroll expenses, and operating margins.
- Review franchise fees, management fees, royalty expenses, and brand assessments.
- Understand departmental accounting structures used by Marriott, Hilton, Hyatt, IHG, and independent hotel operators.
General Ledger & Reconciliations
- Maintain general ledger integrity.
- Perform bank reconciliations.
- Reconcile credit card processors and merchant accounts.
- Reconcile intercompany accounts.
- Reconcile accounts receivable and accounts payable balances.
- Review balance sheet accounts monthly.
Budgeting & Analysis
- Assist in annual budgets and forecasting.
- Prepare variance analysis reports.
- Analyze labor productivity and operating expenses.
- Monitor key hospitality financial metrics.
- Provide recommendations for improving profitability and financial controls.
Client Management
- Serve as lead accountant for assigned U.S. clients.
- Participate in client meetings.
- Respond to client accounting inquiries.
- Train junior accounting staff.
- Coordinate with U.S.-based management teams.
Technology & AI Requirements
The successful candidate must be highly technology-oriented and comfortable leveraging modern software and AI tools.
Required experience includes:
- QuickBooks Online
- QuickBooks Desktop
- Microsoft Excel (Advanced)
- Microsoft Office Suite
- Google Workspace
- Cloud-based accounting systems
- Claude/ChatGPT/Gemni AI programs
Preferred experience:
- Quickbooks
- Restaurant365 (R365)
- Sage Intacct
- M3 Accounting
- Oracle NetSuite
- BILL
- ADP
- Paychex
- Toast POS
- Micros POS
- Aloha POS
- Opera PMS
- Hilton OnQ
- Marriott FOSSE
- ProfitSword
Artificial Intelligence Skills
Candidates should demonstrate experience utilizing AI tools to improve accounting operations, including:
- Financial analysis automation
- Report generation
- Data extraction and cleanup
- Workflow automation
- Process documentation
- AI-assisted reconciliation review
- Advanced use of ChatGPT, Microsoft Copilot, Claude, Gemini, or similar tools
- Identifying opportunities to improve efficiency through automation
Required QualificationsEducation
One or more of the following:
- Chartered Accountant (CA)
- Cost and Management Accountant (CMA India)
- MBA Finance
- M.Com (Master of Commerce)
- Bachelor's Degree in Commerce (B.Com) with strong U.S. accounting experience
Preferred:
- CA qualification
- CPA (U.S.) coursework or certification
- ACCA certification
Experience
- Minimum 5 years accounting experience.
- Minimum 3 years supporting U.S.-based companies.
- Experience preparing U.S. financial statements.
- Experience with hospitality, hotels, restaurants, or franchise accounting.
- Experience working in accounting firms, BPOs, KPOs, or outsourced accounting environments supporting U.S. clients.
Technical Skills
Advanced knowledge of:
- U.S. GAAP
- Accrual Accounting
- Revenue Recognition
- Fixed Assets
- Depreciation & Amortization
- Cash Flow Management
- Financial Statement Preparation
- Budgeting & Forecasting
- Internal Controls
- Payroll Accounting
- Sales Tax Accounting
- Hospitality Financial Reporting
Advanced Excel Skills
Required proficiency in:
- Pivot Tables
- XLOOKUP
- INDEX MATCH
- SUMIFS
- Power Query
- Financial Models
- Dashboard Creation
- Data Validation
- Variance Analysis
Key Attributes
- Excellent written and spoken English.
- Strong communication skills with U.S.-based clients.
- Ability to work during overlapping U.S. business hours.
- High attention to detail.
- Strong analytical and problem-solving skills.
- Self-starter with minimal supervision.
- Team leadership and mentoring abilities.
Preferred Industry Experience
- Hotel Management Companies
- Marriott Hotels
- Hilton Hotels
- Hyatt Hotels
- IHG Hotels
- Residence Inn
- Courtyard by Marriott
- Hampton Inn
- Quick Service Restaurants (QSR)
- Franchise Restaurant Groups
- Multi-Unit Restaurant Operations
- Hospitality Management Companies
Pay: ₹25,261.00 - ₹45,338.67 per month
Application Question(s):
- Have you worked for USA accounting firms previously?
- Do you have CA - CPA degree and certification?
- How many years of USA based accounting experience do you have?
Work Location: Remote
