Compensation TypeYearly
Highgate HotelsHighgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco, and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the Caribbean. Highgate's portfolio of global properties represents an aggregate asset value exceeding $20B and generates over $5B in cumulative revenues. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition. Highgate also has the creativity and bandwidth to develop bespoke hotel brands and utilizes industry-leading proprietary revenue management tools that identify and predict evolving market dynamics to drive out performance and maximize asset value. With an executive team consisting of some of the industry's most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in London, New York, Dallas, and Seattle.
OverviewThe Assistant Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by supplying the accounting staff with guidance and training. He/she is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors' assets.
ResponsibilitiesAssist Director of Finance in timely preparation of monthly financial statements for the property.Prepare, monitor, and accurately record hotel revenues daily by preparation of the Income Journal. Identify all variances to budget and last year.Monitor and control hotel operations, cash flow, and operating forecasts for the property.Under the guidance of the Director of Finance, maintain timely interaction with Department Heads to assure that property operations are on track and under control at all times.Prepare monthly bank reconciliations and general ledger account reconciliations for the property.Supervise accounting department staff.Ensure compliance with Highgate Accounting Policies and Procedures and internal controls for our finance and accounting operations.Effectively manage and communicate related issues regarding the management of receivables, payables, daily cash balances, and timely deposits of all funds.Monitor hotel revenues and expenses and ensure accurate recording in accordance with Highgate Hotel's established guidelines. Investigate and critique variances to budget or to the prior year and offer practical improvement methodologies to management.Analyze financial data and operations to assist the Director of Finance and advise Department Heads in maintaining the hotels' financial objectives.With supervision of the Director of Finance, hire, train, supervise, and develop staff, including coaching, counseling, and discipline.Prepare any special reports, statements, etc., as requested.Other special projects and responsibilities as assigned.QualificationsBachelor's Degree, preferably in Accounting.Strong PC skills including Excel, Word, and financial accounting systems.Strong organizational, analytical, verbal, and written communication skills.Long hours may be required.Hospitality-related financial management and accounting experience desirable.Salary: $80,000-$85,000/yr.
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