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Senior Manager, Finance & Accounting

Full Time | New York [Hybrid]

LWHA is seeking a Senior Manager, Finance & Accounting to improve and own the key functions of internal audit, accounts receivable & invoicing, payroll & expenses reconciliation/processing, and budget planning. Click Here for more information

  • Budget Planning & Compliance
    • Developing and monitoring business performance metrics
    • Managing the budget process for non-assignment expenses such as conference & business development travel, employee training, development, team-building
    • Coordinating and preparing internal financial statements
    • Developing and conducting internal audit processes
    • Overseeing regulatory reporting, if any
  • Operational Oversight
    • Oversight of HR firm (Vensure)
    • Creating / enforcement of SOPs as needed
  • Accounts Receivable
    • Owning the invoicing process
      • Issuing invoices and invoice reminders as/if needed to clients (approximately 1,250 assignments per year)
      • Assessing current invoicing system, developing recommendations for improvement and implementing new processes (we are open to new technology to facilitate a more automated/reliable process)
      • Ensuring the accuracy of invoicing
      • Assisting with receivables as needed & keeping collection logs
      • Planning, directing and coordinating all accounting operational functions
      • Managing any supporting staff effectively
    • Expense Reconciliation & Processing
      • Establish guidelines for booking of travel expenses and checks in place to ensure reasonable limits and that they are enforced
      • Ensure that non-billable expenses are appropriately deducted from respective assignments
      • Ensuring billable expenses are billed to clients
      • Ensuring billable expenses are not paid by the company or our associates
    • Payroll Reconciliation & Processing
      • Ensure payroll is processed in a timely manner
      • Ensure payroll is consistent among team member submissions
      • Oversight of Tax & 401K withholdings process – ensure HR firm is furnished with information needed and serve as facilitating resource for employees who split time between states
  • Skills / Qualities
    • Ability to operate on a granular level without losing the big picture
    • Ability to think out of the box to develop more efficient/effective methods
    • Ability to conduct thorough and conclusive research to present strong options & suggestions to COO for approval
    • Proactive / self-starter type is crucial to effectuate results in this environment (smaller company with leadership wearing many hats)
    • Effective (and approachable) communication, both internal & external, is key
  • Experience / Education
    • Bachelor’s Degree required
    • MBA, CPA, CMA considered beneficial but not required
    • 5 – 10+ years experience in a related function, including but not limited to positions such as: Accounts Receivable, Financing Planning & Analysis, Controller, Financing & Accounting, Budgeting & Compliance, Internal Audit
    • Prior management experience preferred, but not necessary
    • Experience with QuickBooks or similar accounting software
  • Must be based in NYC metro area
  • In-office preferred; hybrid will be considered
  • Business casual office attire
  • Reports to COO
  • Flexible & commensurate with experience; Base of $100k+
  • Incentive/bonus potential

Associate, Senior Associate, Vice President

Full Time | West Coast [Hybrid]

LWHA is seeking an Associate, Senior Associate, or Vice President to be based on the West Coast proximate a major airport. This position would predominantly work on appraisals and other consulting assignments of hotels located across the country.

  • Research
    • Market research of demographics, business/industry and top employers in the area, status of residential and office markets. The associate must garner an understanding of the dynamics of a market and be aware of any new developments or significant changes occurring.
    • Research of municipal laws including zoning restrictions/requirements and property taxation methodology
  • Inspection / Site Visit
    • Visit the hotel assigned, tour the asset and meet with the onsite management staff
    • Tour the hotel’s market, including major demand generators, municipal offices, and competitive hotels
    • Interview/speak with local professionals (including brokers, hotel management, zoning officials, etc.) in order to learn about the market
  • Analysis
    • Compile financial projections via Excel-based modeling; this includes review of documentation provided by the client, data input into the model, comparable analyses and forecasting.
  • Report
    • Utilize all research and financial modeling to write a detailed report for the client explaining findings and rationale
  • Bachelor’s Degree from an accredited university
    • Preferable majors include: Hospitality Management, Real Estate, Finance
  • Certified General Appraisal License is preferred (if not, willingness to obtain license is expected)
  • Past Work Experience
    • Preferable fields: Hotel Operations, Hotel Revenue Management, Real Estate Finance/Consulting, Hotel Development/Consulting, Valuation/Appraisal
    • Title will be commensurate with years of relevant experience
      • Associate Level: Minimum 1-2 years professional experienc
      • Senior Associate Level: Minimum 2-4 years professional experienc
      • Vice President Level: Minimum 4-7 years professional experience
  • Advanced Excel Knowledge
  • Excellent writing skills; each assignment will require a written report deliverable to client. Reports must be well-crafted and professionally written.
  • Excellent communication skills; an associate will be interacting directly with clients, hotel owners/developers/management, and various other industry professionals.
  • Professionally mature individual
  • Thoughtful & diligent worker with excellent follow-through
  • Energetic self-starter who is eager to learn and desires to fully grasp concepts
  • Interest in Hotels; penchant for Finance
  • Ability to travel domestically 15-25% of each month