Hotel Finance Leader: Reporting, Controls & Growth

Highgate Hotels L.P.; New York (NY); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) retirement plan with employer-m

Paid holidays

Paid vacation

Paid sick leave

Employee assistance program (EAP)

Tuition reimbursement

Job summary

Highgate Hotels' ModernHaus SoHo in New York City seeks an Assistant Director of Finance to provide consistent leadership in the hotel's finance function, guiding the accounting staff and ensuring accurate, timely reporting, internal controls, and compliance with regulations.

You will oversee monthly statements, bank reconciliations, supervise staff, monitor revenues and expenses, analyze variances, coach department heads, and participate in special projects to protect owner assets and maximize

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

Excel

Word

Financial accounting systems

Education

Bachelor's Degree in Accounting

Tools

Financial accounting software

Job description

Highgate Hotels' ModernHaus SoHo in New York City seeks an Assistant Director of Finance to provide consistent leadership in the hotel's finance function, guiding the accounting staff and ensuring accurate, timely reporting, internal controls, and compliance with regulations.

You will oversee monthly statements, bank reconciliations, supervise staff, monitor revenues and expenses, analyze variances, coach department heads, and participate in special projects to protect owner assets and maximize