With a career at HMSHost, you really benefit! We offer:

• Health, dental and vision insurance
• Generous paid time off (vacation, flex or sick)
• Holiday pay
• 401(k) retirement plan with company match
• Company paid life insurance
• Tuition reimbursement
• Free parking and onsite fitness center
• Wellbeing Support Program
• Training and exciting career growth opportunities
• Referral program – refer a friend and earn a bonus

Purpose The Senior Staff Accounting, Joint Venture (JV) Accounting is responsible for supporting all aspects of accounting for joint ventures. The primary responsibilities include financial reporting, profit sharing and cash distribution calculations, management fees calculations, loan tracking and reserve analysis, maintaining compliance with financial terms of JV contracts, coordinating audits with external auditors, and reconciling all related general ledger accounts.

Essential Functions

• Assists with calculations and payments of JV partner cash flow distributions and management fees
• Assists with preparation of monthly financial statements for all joint ventures
• Supports the collection of joint venture receivables and notes
• Assists with preparation of annual joint venture statements and tax packages
• Reconciles minority interest payables, loan balances and other joint venture balance sheet accounts
• Prepares audit schedules for preliminary and annual audits with Deloitte
• Assists with preparation and maintenance of JV receivables and notes
• Interact with Legal, Business Development and Operations Management on joint ventures related matters

Reporting Relationship The Senior Staff Accountant, JV Accounting reports into the Director of JV Accounting

Minimum Qualifications, Knowledge, Skills, and Work Environment

• Education and Experience: The combination of education and professional experience must exceed 6 years:
  • In a technical role: Requires 6 years of accounting experience engaged in delivering JV accounting programs
  • A bachelor’s degree in a program related to the functional area can count for 3 of the 6-year requirement
  • In the industry: 3-5 years of hospitality, F&B and/or retail experience
• Specialized Training:
  • Training that leads to understanding of GAAP
  • Knowledge of state and federal tax regulations and statutes
• Specialized Skillset/Competencies/Traits
  • Business acumen and also has the mindset required to understand the long-term implications of accounting to advance the organizations goals
  • Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
  • Demonstrated history of creating and maintaining positive work environments
• Location: This position is based at the F&B Center of Excellence in Bethesda, MD

Disclaimer

All job requirements are subject to change to reflect the evolving position requirements or to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a threat or risk to the health and safety of themselves or other employees. This job description in no way states or implies that these are the only duties to which will be required in this position. Employees will be required to follow other job-related duties as requested by their supervisor/manager (within guidelines and compliance with Federal and State Laws). Continued employment remains on an "at-will" basis. Dufry, Hudson, and HMSHost are equal opportunity employers and do not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factors.