Staff Accountant – Full-Cycle Hospitality Accounting

Job Description

Staff Accountant | The Ned & Ned’s Club

The Tone:
This is a full-time role at The Ned & Ned’s Club, located in Washington, DC. The Ned and Ned’s Club operates a global collection of hotels, clubs, spas, and restaurants designed for like-minded individuals to meet, work, and socialize. The newest US location, Ned’s Club Washington DC, is a members’ club situated in a neoclassical building opposite the US Treasury. This position is central to the club’s financial operations, playing a pivotal role in ensuring accurate financial records and providing essential accounting support across all departments. The team thrives in a collaborative and supportive environment, emphasizing seamless teamwork and dedication to financial excellence.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person Washington, DC
• Pay: $31 hourly
• Team: Finance team
• Mission: This role ensures accurate financial records across all revenue, expenditure, and general ledger activities, supporting the overall financial health of the club.

What You’ll Actually Do
• Manage Daily Revenue and Cash: Perform the daily income audit and reconciliation for all revenue streams, including rooms, food & beverage, membership, and other outlets, ensuring completeness and accuracy between various systems. This includes completing the daily income journal, investigating and resolving variances, and performing daily cash and credit card reconciliations.
• Process Accounts Payable: Ensure that all invoices and payments are processed accurately and according to company policies and procedures. This involves close collaboration with the Purchasing Manager to streamline the processing flow, posting and processing weekly manual checks, wires, Fintech payments, and ACH payments, and maintaining vendor documentation for 1099 processing while resolving inquiries.
• Oversee Accounts Receivable: Manage all accounts receivable activities, from invoicing and billing accuracy to aging review and collections follow-up. This includes resolving member, guest, and corporate account discrepancies, and administering and tracking all credit card chargebacks and disputes through research, documentation, and coordination with internal teams.
• Support Month-End Closing: Contribute to the month-end closing process by performing timely reconciliation of the checkbook and vendor statements, completing month-end accruals, and preparing monthly balance sheet reconciliations for assigned accounts. This also involves preparing the monthly intercompany billback and reconciliation.
• Foster Financial Compliance and Teamwork: Champion accounting policies and procedures by partnering with department heads to influence consistency across operations. This role involves collaborating with various departments on assigned projects, supporting colleagues across the Finance team, and contributing to financial functions beyond primary responsibilities as business needs evolve.

The Must-Haves
• Background: Entry-Level professional with knowledge of accounting principles and practices.
• Experience: 1+ years of experience in a professional environment.
• Skills: Task management and prioritization; Adaptability to cross-train across accounting functions; Effective communication for vendor and internal inquiries.
• Bonus: Previous accounting experience in hospitality (accounts payable, accounts receivable, or income audit); Strong understanding of accounting principles; Proven success as a “champion of the culture.”