Finance MIT
Locations: Training begins at the corporate office in Merrillville, IN for 3 months. Following this training you will be placed in one of the following cities:
Austin, TX
Indianapolis, IN
Denver, CO
You must be willing to relocate (with our assistance) to one of those cities after the initial training period at the corporate office.
REQUIRMENTS:
* Finance or Accounting Major/Minor
* Minimum of 3 Accounting classes
* Complete 2 online assessments
* You must submit your transcripts by email to vicki.maldonado@whitelodging.com
SUMMARY:
The Finance MIT program is specifically designed to hire and train recent Accounting/Finance graduates, starting their career path to become a Director of Finance at a White Lodging property. They will participate in a rotational program that will provide exposure to key accounting positions and processes within White Lodging. At the end of the rotation, this individual will be able to perform Staff Accountant duties (balance sheet reconciliations, tax returns, review a hotel P&L, etc.) and will be able to perform standard property accounting functions that follow White Lodging Best Practices. The skills learned during this rotation will position this candidate for their next role as a Senior Accounting Manager or Assistant Director of Finance.
RESPONSIBILITIES
Corporate Office Accounting – 3 months at WL Home Office
- Staff Accountant Monthly responsibilities. 2-3 sets of books will be assigned.
- Systems training on Lawson, TM1, Reportsafe
- Blackline Reconciliations
- Reviewing a hotel P&L Statement
- Understanding key brand/owner differences
- Prepare Sales Tax Returns
- Internal Audit Procedures/Contracts
- Shadow 1 Internal Audit property visit
- Review Best Practices/Documentation on WL Intranet
- Accounts Receivable/Credit Cards
- Credit process
- Chargebacks
- Guest/City Ledger Reviews
- Credit Card Reconciliations
- Accounts Payable/Chrome River
- Tax
- Understand tax return process and filing
- Review State Tax Laws/Exemptions
- Reporting Tools (ACE, Labor, TM1, etc.)
- Capital Expenditure Processes
- Leadership Training
Field Accounting – 9 months at Hotel