Staff Accountant, Hospitality
We are looking for an experienced and motivated Hospitality Accountant to oversee the financial operations of our growing portfolio of bars, restaurants, and coffee shops. The ideal candidate will bring hands-on experience in hospitality bookkeeping, with a strong focus on food and beverage accounting. This role requires a solid understanding of the industry’s unique financial practices, including tip reporting, wage compliance, and managing finances across multiple locations. We’re looking for someone with a strong attention to detail and a willingness to grow with a fast-moving, collaborative team.
Job Responsibilities:
- Maintain accurate financial records for each bar and restaurant location, including daily sales, inventory management, and cost tracking.
- Oversee payroll processing, ensuring correct wage and tip calculations while maintaining compliance with tax and labor regulations
- Prepare detailed financial reports and performance analyses to support data-driven decision making and improve operational efficiency
- Manage accounts payable and receivable, ensuring timely reconciliation and payment of vendor invoices
- Accurately file and remit state-mandated alcohol taxes (e.g., TABC) for each applicable location
- Track and report on key financial performance indicators specific to each hospitality concept
- Partner with management to develop budgets and forecasts that align with strategic business objectives
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field.
- Minimum of 3 years of accounting experience, with a focus on the hospitality industry, particularly bars and food & beverage operations.
- In-depth understanding of wage structures, tip reporting requirements, and relevant local, state, and federal tax regulations
- Familiarity with TABC (Texas Alcoholic Beverage Commission) tax reporting systems and compliance requirements
Business Skills:
- Proficiency in accounting software and Microsoft Excel
- Experienced in managing accounting for multi-location and multi-concept operations
- Strong analytical and organizational abilities with sharp attention to detail
- Skilled in prioritizing tasks and managing administrative responsibilities effectively
Bonus points for…
- Experience with Toast POS system
- Experience with NetSuite ERP
- Knowledge of F&B and hospitality industry trends
Personal Qualities:
- Skilled multi-tasker with strong time management skills and keen attention to detail and quality
- Able to prioritize multiple projects, meet deadlines, and ask for direction when needed
- Strong communicator with the ability to collaborate effectively across multiple teams and departments
Benefits:
LV Collective offers its employees a collaborative, fun and flexible work environment inside its beautifully designed office located in Downtown Austin, Texas. Perks include unlimited paid time off, a pet-friendly office culture, a fully stocked breakroom with snacks, coffee and sparkling water, free parking, and competitive benefits including 401k, medical, vision, and dental. Team happy hours and lunches happen often, and ping pong matches daily.
Relocation will not be provided.
About LV Collective
LV Collective is an Austin, Texas-based real estate investment firm focused on acquiring, developing, and managing high-quality real estate in superior locations throughout the United States. Since its founding in 2012, LV Collective has expanded the business to include student housing and multifamily assets in excess of $6 billion. For more information, visit: lvcollective.com.
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