Chief Accountant (m/f/d)

General Information

Country/Region

Germany

Province/City

Munich

Hiring Entity

Rosewood Munich

Department

Finance

Job Type

Full-time Permanent

Job Description

OUR PURPOSE AND CULTURE

We are driven to create a future where people and place enrich one another. We are wholly committed to rooting ourselves more deeply in every place we are in while setting new benchmarks for positive impact. As a pioneering collective with a common purpose, we curate extraordinary moments and honor the soul of every place along our journey. At Rosewood Hotel Group, we answer The Calling. Together, we Make the Place.

YOUR ROLE

The Chief Accountant reports directly to the Assistant Director of Finance. The Chief Accountant plays a pivotal role in ensuring the financial integrity and success of the hotel. This position requires a seasoned accounting professional with a strong focus on overseeing the income audit, accounts payable, and especially accounts receivable functions. The Chief Accountant will be responsible for assisting the accounting clerks and provide accurate and timely financial reporting and optimizing the hotel's cash flow by effectively managing receivables. The role involves close collaboration with other departments to support the hotel’s financial goals.

HOW YOU’LL MAKE THE PLACE

Accounts Receivable Management

• You handle the end-to-end accounts receivable process, ensuring timely and accurate billing, collections, and account reconciliations.
• You monitor aging reports and proactively implement measures to minimize overdue balances and bad debt exposure.
• You liaise with guests, clients, and internal stakeholders to resolve billing inquiries and disputes while maintaining positive relationships.
• You maintain accurate records of transactions, payment arrangements, and collection activities.

Supporting Income Audit

• You support the daily income audit process, ensuring all revenue streams are accurately recorded and any discrepancies are promptly investigated and resolved.
• You review and analyze daily revenue reports to ensure the completeness and accuracy of the hotel's financial results.
• You collaborate closely with the Front Office, Food & Beverage, and other operational departments to ensure consistent and accurate revenue reporting.

Supporting Accounts Payable Management

• You support the accounts payable function by ensuring the timely and accurate processing of invoices, payment approvals, and vendor administration.
• You ensure compliance with agreed payment terms while supporting effective cash flow management.
• You reconcile vendor statements and proactively investigate and resolve discrepancies in a timely manner.
• You maintain strong relationships with suppliers and internal stakeholders to ensure smooth and efficient payment processes.

COULD THIS BE YOU?

• Proven experience in a Finance leadership role, preferably within luxury hospitality or a related premium service environment.
• Completion of vocational training or a university degree in Hospitality Management, Tourism, or a related field.
• Excellent knowledge of accounting and financial reporting.
• Knowledge of local accounting regulations and USALI.
• Excellent interpersonal skills to maintain good relationships with all stakeholders.
• Must have a high degree of professional integrity, and be able to work safely, effectively, and efficiently.
• Must be very detail oriented and have strong organizational skills.
• Self-starter with analytical mind and goal-oriented team player.
• Strong user skills with the Property Management System (Opera Cloud), F&B/Spa POS (Micros Symphony/B4T) and ERP (SunCloud)
• Proficiency in Microsoft Excel and MS Office.
• Able to complete internal audit function with impartiality.
• Language: Fluency in German and English.

About Us

Rosewood Munich opened in Autumn 2023 as the brand’s first property in Germany and seventh property in Europe. Housed in two landmark, historical buildings comprised of the former headquarters of the State Bank of Bavaria and the adjacent Palais

Neuhaus-Preysi

ng, a former grand aristocratic residence, Rosewood Munich is ideally situated on

Kardinal-Faulh

aber-Strasse in the heart of the historic city center. The hotel is located within walking distance of several of the city’s most popular sites and destinations, including central Marienplatz square, the Residenz city palace, Bavarian State Opera, and the Maximilian- and Theatinerstraße shopping districts, as well as world renowned museums. Rosewood Munich offers 132 spacious guestrooms and suites designed to complement the property’s original façade and iconic stairways, which remain well preserved and contribute to the city of Munich’s ensemble of historical buildings. The property boast an inviting lobby lounge and two distinct dining venues, which include a full service restaurant and a vibrant bar. Rosewood Munich also features a full service spa, which house five treatments rooms, as well as an indoor pool and fitness area. Additionally, the hotel includes extensive meetings and events spaces to accommodate a variety of private gatherings, conferences, and special events for up to 400 guests.