Hospitality Accounting & Financial Services
At Meyer Jabara Hotels, we provide a centralized hospitality accounting and financial services platform designed to support hotel management teams with accurate reporting, financial transparency, and performance-driven insights.
Our accounting professionals deliver comprehensive hotel accounting solutions on a daily basis, giving ownership groups and on-site management access to the financial data needed to improve operations, increase profitability, and support long-term asset growth.
Using state-of-the-art hospitality accounting systems, we provide ongoing support across all accounting functions while also offering training and guidance to property-level teams on a wide range of hospitality financial management topics.
Led by Chief Financial Officer Jay Sakar and based in our corporate office in Danbury, our accounting and financial services team is recognized for operational excellence, responsiveness, and industry expertise.
Hospitality Accounting Services Include:
- Complete accounts payable processing, including invoice entry, check processing, and 1099 filings
- Full general ledger management, monthly financial statement preparation, and balance sheet analysis
- Complete bank reconciliation services
- Tax filing support, including Sales & Use Tax, Occupancy Tax, and gross receipts taxes
- Hotel budgeting and financial forecasting assistance
- Coordination with mortgage servicing companies to facilitate timely FF&E escrow fund releases
- Preparation of year-end work papers for certified financial audits
- Review of quarterly and annual payroll tax filings managed through payroll service providers
- Secure paperless document storage with online access at the property level
- 24/7 access to hotel accounting software and financial systems
- Online revenue reporting tools and performance tracking
- Secure online access to financial statements and operational reporting
With decades of hospitality financial management experience, Meyer Jabara Hotels delivers reliable, cost-effective accounting solutions tailored to the operational needs of hotel owners, investors, and management teams.