-The position is responsible for producing and ensuring that
financial results are reported accurately in accordance with GAAP
and with Sage accounting policies.
-This person must have a good working knowledge of the contractual
requirements related to their properties and how the terms of the
agreements apply to the transactions.
-This person is responsible for determining and prescribing
accounting treatment on more routine transactions and will
recommend accounting treatment for more complex transactions.
-This position will identify problems/issues with the financial
statements and work closely with hotels, owners, and other internal
departments to resolve these problems and issues in a timely
-This position will review sales/use tax filings and payments, as
well as real estate and personal property tax filings and
-The position will review balance sheet and bank reconciliations,
and if applicable research and correct any erroneous items.
-This position will ensure standard accounting procedures are
implemented and complied with for all properties in the shared
service environment. These include compliance with standards in the
areas related to financial statement preparation, including bank
and balance sheet reconciliations, fixed expense reporting, sales
tax preparation, accounts payables and cash management.
-This position will help look for opportunities for efficiencies in
systems and processes as more properties move into shared
-This position could serve as a primary and/or secondary contact
for the owners on all financial issues related to hotels.
-This person should have a good working knowledge of the financial
impact of all contracts associated with the assigned hotels.
-These contracts could include management agreements, franchise
agreements, and debt agreements.
-This position will be responsible for ensuring that Sage is in
compliance with the terms of the applicable agreements, that risks
associated with the contracts are assessed and minimized, and
decisions are evaluated against these contracts.
-Consistent with the terms of the pertinent legal agreements, this
position will determine the cash position based on historical
operating results as well as forecasts. This position will
recommend to their supervisor whether or not to do a cash call or
cash distributions and the status of incentive fees the manager is
eligible for, based on this analysis.
-This position may be involved with the VP for support on external
conducted on the assigned properties.
-This may involve preparing audit schedules and ensuring all audit
reports are correct and complete.
-This position will supervise/assist with all third-party
-This position will assist the VP in all budget and forecast issues
related to their assigned hotels.
-When the budgets/forecasts are preliminarily completed by the
hotels/SVPs, this position will assist the VP in reviewing the
budgets/forecasts as needed.
-This position will manage cash, cash forecasts, draw requests.
Decision Making Responsibilities:
-This position will perform routine responsibilities with no
supervision or review.
-For non-routine decisions, this position should make
recommendations to their supervisor and then execute the