Hotel Finance Lead — Strategy & Reporting

Highgate; New York (NY); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k) Retirement Plan with employer-m

Paid holidays

Paid vacation

Paid sick leave

Educational opportunities / Tuition Re

Paid jury duty leave

Job summary

Highgate Hotels is seeking an Assistant Director of Finance to provide leadership in the hotel's financial area, guiding the accounting staff and maintaining accurate reporting. The role emphasizes profitability, internal controls, regulatory compliance, and safeguarding owners’ assets across the property.

The position oversees timely monthly statements, revenue monitoring, cash flow management, and staff supervision, with collaboration across department heads to keep operations on track in a

Qualifications

• Bachelor'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 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

Analytical thinking

Verbal communication

Written communication

Time management

Education

Bachelor's degree in Accounting

Tools

Excel

Word

Financial accounting systems

Job description

Highgate Hotels is seeking an Assistant Director of Finance to provide leadership in the hotel's financial area, guiding the accounting staff and maintaining accurate reporting. The role emphasizes profitability, internal controls, regulatory compliance, and safeguarding owners’ assets across the property.

The position oversees timely monthly statements, revenue monitoring, cash flow management, and staff supervision, with collaboration across department heads to keep operations on track in a