Highgate
Overview
The Complex Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by focusing on profitability, maintaining accurate and timely financial reporting, ensuring internal controls, ensuring compliance with all federal, state, and local regulations and Highgate Hotels' Standard Operating Procedures, and safeguarding owners'/investors' assets. This position will oversee the Knickerbocker hotel and Courtyard Upper East Side. Location
Edging the bright lights of Broadway and the calm of Bryant Park, The Knickerbocker is a legendary New York landmark reborn as the first luxury hotel in Times Square. Filled with fabled legends, The Knickerbocker once played host to legendary political bigwigs, actresses, oil tycoons and sports figures—and it’s rumored the martini was invented here in the hotel. While historic details like the hotel’s Beaux-Arts facade remain unchanged, a soothing new luxury aesthetic is offered within. The stunning transformation of this treasured Manhattan monument invites discerning travelers to discover 300 luxe guestrooms and suites boasting incredible views and bespoke furnishings. An air of posh authenticity embraces New York City’s premier luxury lifestyle hotel. Responsibilities
Effectively manage and communicate cash flow related issues. This includes the accurate and timely preparation of monthly financial statements for the property: cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotels established guidelines. Monitors and controls Hotel’s cash flow and operating forecast Creates annual budgets and monthly variance analysis. Investigates and critiques variances to budget or to prior year and offer practical improvement methodologies to management Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations Timely reviews and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records Successful completion of all internal and external financial audits, including coordination of work with CPA firms and delivering information requested by auditors on a timely basis Hire, train, supervise and develop staff, including coaching, counseling and discipline Maintain compliance with Highgate Hotels’ standards and regulations to ensure safe and efficient operation of the hotel Directs or prepares all financial reports in accordance with Highgate Hotels’ requirements, meeting various due dates and deadlines Annual: Budgets, 5-Year Plans, 5-Year Capital Plans Timely interacts with Executive Committee members to assure that property operations are on track and under control at all times Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly Monitor the accurate production of the hotel daily operating report Executes other special projects and responsibilities as assigned Qualifications
At least 5 or more years of Hospitality Finance/Accounting experience Prior Control or Director of Finance experience, preferably at a premium-branded Hotel Excellent verbal and written communication skills Bachelor’s degree required preferably in Finance or Accounting Must supervise 2 or more employees Must be proficient in Windows, Company approved spreadsheets and word processing and in the operation of all hotel-specific systems Long hours sometimes required Maintain a warm and friendly demeanor at all times Must be able to effectively communicate both verbally and written, with all level of employees and guests in an attentive, friendly, courteous and service oriented manner Must be effective at listening to, understanding, and clarifying concerns raised by employees and guests Must be able to multitask and prioritize departmental functions to meet deadlines Approach all encounters with guests and employees in an attentive, friendly, courteous and service-oriented manner Attend all hotel required meetings and trainings Participate in M.O.D. coverage as required Maintain regular attendance in compliance with Highgate Hotels Standards, as required by scheduling, which will vary according to the needs of the hotel Maintain high standards of personal appearance and grooming, which include wearing nametags Comply with Highgate Hotels Standards and regulations to encourage safe and efficient hotel operations Maximize efforts towards productivity, identify problem areas and assist in implementing solutions Must be effective in handling problems, including anticipating, preventing, identifying and solving problems as necessary Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives Must be able to maintain confidentiality of information Perform other duties as requested by management Equal Opportunity Employer
Highgate Hotels, L.P. is an Equal Opportunity Employer and maintains the policy of recruiting and retaining the best-qualified personnel who demonstrate the ability to perform competently and work well with others. It is the policy of Highgate Hotels to provide equal employment opportunity regardless of race, religion, color, age, genetic information, disability, medical condition, national origin, ancestry, sex, sexual orientation, marital status, familial status, parental status, domestic partner status, citizenship status, pregnancy, military status, veteran status, or any other status protected by federal, state, or local law. This policy of nondiscrimination is applied to all aspects of the employment relationship. The Company complies with the Americans with Disabilities Act (ADA) and applicable state and local laws in ensuring equal opportunity and employment for qualified persons with disabilities. We also consider qualified applicants with criminal histories, consistent with legal requirements. Benefits
Medical insurance Vision insurance 401(k) Tuition assistance
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The Complex Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by focusing on profitability, maintaining accurate and timely financial reporting, ensuring internal controls, ensuring compliance with all federal, state, and local regulations and Highgate Hotels' Standard Operating Procedures, and safeguarding owners'/investors' assets. This position will oversee the Knickerbocker hotel and Courtyard Upper East Side. Location
Edging the bright lights of Broadway and the calm of Bryant Park, The Knickerbocker is a legendary New York landmark reborn as the first luxury hotel in Times Square. Filled with fabled legends, The Knickerbocker once played host to legendary political bigwigs, actresses, oil tycoons and sports figures—and it’s rumored the martini was invented here in the hotel. While historic details like the hotel’s Beaux-Arts facade remain unchanged, a soothing new luxury aesthetic is offered within. The stunning transformation of this treasured Manhattan monument invites discerning travelers to discover 300 luxe guestrooms and suites boasting incredible views and bespoke furnishings. An air of posh authenticity embraces New York City’s premier luxury lifestyle hotel. Responsibilities
Effectively manage and communicate cash flow related issues. This includes the accurate and timely preparation of monthly financial statements for the property: cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotels established guidelines. Monitors and controls Hotel’s cash flow and operating forecast Creates annual budgets and monthly variance analysis. Investigates and critiques variances to budget or to prior year and offer practical improvement methodologies to management Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations Timely reviews and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records Successful completion of all internal and external financial audits, including coordination of work with CPA firms and delivering information requested by auditors on a timely basis Hire, train, supervise and develop staff, including coaching, counseling and discipline Maintain compliance with Highgate Hotels’ standards and regulations to ensure safe and efficient operation of the hotel Directs or prepares all financial reports in accordance with Highgate Hotels’ requirements, meeting various due dates and deadlines Annual: Budgets, 5-Year Plans, 5-Year Capital Plans Timely interacts with Executive Committee members to assure that property operations are on track and under control at all times Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly Monitor the accurate production of the hotel daily operating report Executes other special projects and responsibilities as assigned Qualifications
At least 5 or more years of Hospitality Finance/Accounting experience Prior Control or Director of Finance experience, preferably at a premium-branded Hotel Excellent verbal and written communication skills Bachelor’s degree required preferably in Finance or Accounting Must supervise 2 or more employees Must be proficient in Windows, Company approved spreadsheets and word processing and in the operation of all hotel-specific systems Long hours sometimes required Maintain a warm and friendly demeanor at all times Must be able to effectively communicate both verbally and written, with all level of employees and guests in an attentive, friendly, courteous and service oriented manner Must be effective at listening to, understanding, and clarifying concerns raised by employees and guests Must be able to multitask and prioritize departmental functions to meet deadlines Approach all encounters with guests and employees in an attentive, friendly, courteous and service-oriented manner Attend all hotel required meetings and trainings Participate in M.O.D. coverage as required Maintain regular attendance in compliance with Highgate Hotels Standards, as required by scheduling, which will vary according to the needs of the hotel Maintain high standards of personal appearance and grooming, which include wearing nametags Comply with Highgate Hotels Standards and regulations to encourage safe and efficient hotel operations Maximize efforts towards productivity, identify problem areas and assist in implementing solutions Must be effective in handling problems, including anticipating, preventing, identifying and solving problems as necessary Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives Must be able to maintain confidentiality of information Perform other duties as requested by management Equal Opportunity Employer
Highgate Hotels, L.P. is an Equal Opportunity Employer and maintains the policy of recruiting and retaining the best-qualified personnel who demonstrate the ability to perform competently and work well with others. It is the policy of Highgate Hotels to provide equal employment opportunity regardless of race, religion, color, age, genetic information, disability, medical condition, national origin, ancestry, sex, sexual orientation, marital status, familial status, parental status, domestic partner status, citizenship status, pregnancy, military status, veteran status, or any other status protected by federal, state, or local law. This policy of nondiscrimination is applied to all aspects of the employment relationship. The Company complies with the Americans with Disabilities Act (ADA) and applicable state and local laws in ensuring equal opportunity and employment for qualified persons with disabilities. We also consider qualified applicants with criminal histories, consistent with legal requirements. Benefits
Medical insurance Vision insurance 401(k) Tuition assistance
#J-18808-Ljbffr