Hotel Finance Lead | Reporting, Controls & Growth

Highgate

New York (NY)

On-site

USD 120,000 - 180,000

Full time

3 days ago
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Benefits offered by this job

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
401(k) Retirement Plan with employer‑匹

Job summary

Highgate Hotels in New York, NY, is seeking an Assistant Director of Finance to lead the hotel’s financial operations and report to the Director of Finance. The role focuses on profitability, timely reporting, and compliance within a luxury hospitality property.

You will supervise accounting staff, prepare monthly statements, monitor cash flow, and ensure accuracy in revenues and expenses according to company policies. This position requires strong accounting skills and hospitality experience.

Qualifications

  • Bachelor's Degree in Accounting or related field.
  • Strong PC skills including Excel, Word and financial accounting systems.
  • Strong organizational, analytical, verbal and written communication skills.
  • Long hours and sometimes required.
  • Hospitality related financial management and accounting experience desirable.

Responsibilities

  • Assist 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.
  • Monitoring and control of hotel operations, cash flow and operating forecasts for the property.
  • Under guidance of Director of Finance maintain timely interaction with Department Heads to assure that property operations are on track and under control at all times.
  • Preparation of monthly bank reconciliations and general ledger account reconciliations for the property.
  • Supervision of accounting department staff.
  • Compliance with Highgate Accounting Policies and Procedures and internal controls for our finance and accounting operations.
  • Effectively manage and communicate related issues related to management of receivables, payables, daily cash balances, and timely deposits of all funds.
  • Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotel’s established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
  • Analyze financial data and operations in order to assist Director of Finance and advise Department Heads in maintaining the hotels’ financial objectives.
  • With supervision of Director of Finance hire, train, supervise and develop staff, including coaching, counseling and discipline.
  • Preparation of any special reports, statements, etc., as requested.
  • Other special projects and responsibilities as assigned.

Skills

Excel
Word
financial accounting systems

Education

Bachelor's Degree in Accounting

Job description

Highgate Hotels in New York, NY, is seeking an Assistant Director of Finance to lead the hotel’s financial operations and report to the Director of Finance. The role focuses on profitability, timely reporting, and compliance within a luxury hospitality property.

You will supervise accounting staff, prepare monthly statements, monitor cash flow, and ensure accuracy in revenues and expenses according to company policies. This position requires strong accounting skills and hospitality experience.

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