Accountant

As an Accountant at Loews Hotels & Co, your primary responsibilities will include completing monthly bank reconciliations, preparing balance sheet reconciliations, and providing daily cash reports. You will also be responsible for coding invoices, assisting property Directors of Finance with general ledger activity, and ensuring compliance with accounting best practices.

To become an Accountant at Loews Hotels & Co, candidates should have 1-3 years of accounting experience along with a High School Diploma or GED. Although a Bachelor's Degree in Accounting is preferred, candidates should also possess general knowledge of GAAP and SOX principles, and proficiency in Windows-based programs is essential for the role.

As an Accountant at Loews Hotels & Co, you can expect a fast-paced and energetic work environment. Given the high volume nature of the financial shared services, adaptability and the ability to perform under pressure are crucial. The company emphasizes teamwork and relationships, ensuring a supportive atmosphere for all team members.

Important skills for an Accountant at Loews Hotels & Co include strong organizational abilities, adaptability, and excellent communication skills to foster relationships. Proficiency in accounting software like Oracle Financials is advantageous, and having a strong understanding of accounting principles will help you excel in this position.

Loews Hotels & Co is committed to fostering professional development and growth. Accountants have access to various training and development opportunities, alongside tuition reimbursement for further education. The company is dedicated to helping you achieve your career goals in a supportive and inclusive environment.

When answering this question, detail the specific processes you followed during bank reconciliations, including any tools or software you used. Share an example of a challenge faced and how you resolved it, emphasizing your attention to detail and accuracy.

Discuss your proven strategies for time management, such as creating to-do lists, organizing tasks by urgency, and communicating with team members regularly to keep alignment on deadlines. Provide specific examples of how these processes have helped you succeed in previous accounting roles.

Outline your understanding of compliance standards such as GAAP and SOX. Mention any experience you have in ensuring adherence to these standards and provide examples of how you have maintained financial accuracy throughout your work.

Answer by describing your methods of double-checking your work, using software tools, and collaborating with peers for review. Illustrate a situation where your commitment to accuracy averted potential issues for your team.

Detail your familiarity with the invoice coding process, including how you categorize expenses and ensure that they are recorded appropriately. Provide specifics about any relevant software you’ve used and any challenges you faced in the past.

Share your approach to conflict resolution, emphasizing communication and finding common ground. Use a scenario to illustrate how collaboration ultimately led to successful outcomes in team projects.

Express your interest in Loews Hotels & Co’s values, culture, and commitment to employee development. Highlight how these align with your career goals and why you believe you would be a good fit for the team.

Share a specific situation where you had to think creatively to solve an accounting-related problem. Discuss the steps you took, the outcome of your actions, and what you learned from the experience.

Mention any specific accounting software you have experience with, such as Oracle Financials. Discuss your willingness to learn new tools and methods, including online courses or certifications you may have pursued.

Address the importance of confidentiality in accounting and discuss the protocols you follow to safeguard sensitive financial information. Provide an example of how you have maintained confidentiality in previous roles.