ID

2023-20710

Position Type

Regular Full-Time

Property

The Ritz Carlton Chicago

Outlet

Hotel

Category

Finance & Accounting

Address

160 E Pearson St

City

Chicago

State

Illinois

Iconic architecture, a thriving culinary scene, beautifully landscaped public spaces and an array of museums are just part of what draws visitors to the Windy City. At The Ritz-Carlton, Chicago, a luxury hotel set atop Water Tower Place in the historic Gold Coast, guests will have every chance to explore the city, from shopping along Michigan Avenue to viewing famous works at the Art Institute. Yet with our hotel’s spa, rooftop lounge, locally inspired restaurant, indoor lap pool and spacious accommodations overlooking the city, guests may not want to leave the premises.

The Ladies & Gentlemen in Finance are always responsive to the expressed and unexpressed wishes and needs of our guests. They use their expertise to build strong relationships and create Ritz-Carlton guests for life.

Recognized as “the gold standard” of hospitality, The Ritz-Carlton selects only the most passionate and skilled hospitality professionals. As one of our Ladies and Gentlemen, you will reflect the values that make us the world’s finest luxury brand. Here, in a diverse environment where individual aspirations are fulfilled and quality of life is enhanced, you will be inspired to work along side your fellow employees to bring special moments to life for our guests and each other.

Assists with the supervision and coordination of the accounting operations in the hotel. Compiles, reviews, reconciles, prepares and analyzes entries to facilitate the bookkeeping function. Assists with the processing of financial statements and other reports to ensure accurate, timely information.

The position assists with the functions of Payroll, Accounts Receivable, Accounts Payable, Income Journal, General Cashiering, Taxes, and Internal Controls. In some instances is responsible for the daily operation of an area (Credit Manager, F&B Controls, Accounts Receivable). Responsible and encouraged to make recommendations, suggest financial control changes and report SOP and procedural violations.

• Train, direct the work, resolve problems and assist with the hiring and performance and salary reviews of the accounting employees.
• Prepare, review and reconcile daily postings, accruals, various general ledger accounts and bank statements to ensure accurate financial information is available.
• Compile, prepare, back-up and analyze period-end data on food and beverage costs and inventories (gift shop where applicable) to provide information and recommendations to management on current procedures and controls. Assist with the preparation of cost potentials as required.
• May supervise the accounts receivable function and perform the hotel's credit/collection and food and beverage control function to ensure accurate, timely and quality service and support to hotel customers and management.
• Review and monitor internal control procedures in the hotel. Areas included are Food and Beverage, Cashiering, Room Operations, etc.

Education/Formal Training

A four-year college degree (Accounting preferred) or equivalent education/experience.

Experience

Experience required by position is from one to two full years of employment in related position with this company or other organizations.

Knowledge/Skills

• Requires advanced knowledge of the principles and practices within the finance and hospitality professions.
• Requires ability to investigate and analyze current activities and/or information in a specialized field involving readily available data and indicating logical conclusions and recommendations.

Physical Demands

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to train and deal with management, employees.
• Ability to read and comprehend reports, computer, ledgers etc.
• Limited lifting, pushing, pulling, carrying up to 15-20 lbs. Generally boxes, computer equipment.
• Limited bending/kneeling required when arranging supplies or equipment.
• Mobility -limited mobility between offices and departments. No continuous standing required. No climbing or driving required.

Environment

Work inside 100% of work period.

Medical 

Dental 

Sick 

Vacation 

Disounted hotel room nights throughout the world with Marriott and Sage