Fixed Asset Manager - Schulte Hospitality Group

About the Role

Schulte Hospitality Group (SHG) is a division of Schulte Companies, a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restauranteurs operating more than 200 locations across 38 states and 3 countries. Our portfolio includes reputable brands like Marriott, Hilton, IHG, and Hyatt, as well as unique, independent, boutique, and lifestyle properties and restaurants.

SHG’s success is rooted in its service culture. Our mission is to exude hospitality, be respectful and authentic, prioritize the needs of our internal and external stakeholders, and continuously strive to make a positive impact. We are passionate hoteliers eager to add like-minded people to our rapidly growing team.

Responsibilities

• Maintain 200+ fixed asset depreciation and amortization schedules across the portfolio.
• Apply appropriate depreciable methods and useful lives for fixed assets, and amortization periods for intangible assets.
• Track capex project spending for budgeted and emergency requests; close out fully-billed purchase orders in the accounting system.
• Prepare, review, and post expense-to-fixed-asset reclassification entries.
• Reconcile construction-in-progress accounts and reclass to the appropriate fixed asset account upon project completion.
• Deliver monthly fixed asset reporting to ownership across the portfolio.
• Serve as the final authority on capitalization versus expense determinations, applying professional accounting judgment in conformity with GAAP—including where the appropriate treatment differs from the preferences of operations, asset management, or ownership.
• Account for right-of-use assets and lease-related amortization under ASC 842, coordinating with the corporate accounting team.
• Serve as subject matter expert for the fixed asset and capex workstream in SHG’s migration to Microsoft Dynamics 365 Business Central.
• Identify and drive process improvement opportunities that reduce manual work and strengthen controls in the new system.
• Partner with financial institutions to secure and collect FF&E reserve reimbursements, as available.
• Partner with the capex team on capitalization policy, workload balancing, and day-to-day questions.
• Manage, develop, and set priorities for a Fixed Asset Supervisor and Fixed Asset Specialist.
• Own the quality and timeliness of the team’s schedules, reconciliations, and reporting.
• Serve as the escalation point for complex fixed asset and capex issues.

Requirements

• 5+ years of progressive accounting experience, including fixed asset/capex accounting.
• Prior supervisory or team-lead experience.
• Experience participating in an ERP implementation or system conversion strongly preferred.
• Multi-property or hospitality accounting experience a plus.

Skills

• Deep understanding of GAAP and USALI, particularly fixed asset capitalization, depreciation, and amortization.
• Advanced Microsoft Excel (pivot tables, lookups, large data sets); proficient in Outlook and Word.
• Experience with Microsoft Dynamics 365 Business Central (or comparable ERP).
• Comfort translating accounting requirements into system configuration and process design.
• General ledger reconciliation and journal entry review skills.

This role is well-suited for a candidate who:

• Owns outcomes across both steady-state accounting and process transformation.
• Translates fluently between accounting requirements and system/technical design.
• Leads a small team while staying hands-on with the technical accounting.
• Brings a continuous-improvement mindset to manual, legacy processes.
• Operates with discipline and accuracy across a large, multi-property portfolio.

Competencies

• Process Improvement: Identifies inefficiencies in existing processes and redesigns them for accuracy, scale, and control; drives change through ambiguity.
• Systems Acumen: Understands how accounting logic translates into system configuration; partners effectively with IT/data teams on system design and testing.
• Commitment to Task: Demonstrates dependability and urgency about results; takes responsibility for outcomes and overcomes obstacles.
• Communication Skills: Presents ideas and information clearly to varied audiences, including ownership and IT partners; actively listens and responds effectively.
• Managing Execution: Manages multiple projects, prioritizes effectively, and uses resources to meet goals across both team leadership and individual technical work.

Benefits

• Work Today, Get Paid Today with Daily Pay.
• Free Telemedicine and Virtual Mental Health care access for all associates starting day one.
• Multiple Health Insurance and Life Insurance options.
• 401k Plan + Company Match.
• Paid Parental Leave.
• Paid Time Off (PTO) and Holiday Pay.
• Pet Insurance.
• Employee Assistance Program.
• Schulte Savings Marketplace.
• Discounts on event tickets, electronics, gym memberships, and more.