Complex Asst. Director of Finance

Company: Highgate Hotels L.P.
Location: Honolulu
Posted on: April 8, 2021

Job Description:

Should you require assistance with applying online please visit Application FAQs . Complex Asst. Director of Finance in Honolulu, Hawaii - Careers at Hawaii Growth Skip to Main Content Please Enable Cookies to Continue Please enable cookies in your browser to experience all the personalized features of this site, including the ability to apply for a job. Welcome page Returning Candidate? Log back in! Complex Asst. Director of Finance Requisition ID 2021-12072 Category Accounting/Finance Job Location US-HI-Honolulu Property Hawaii Growth Highgate Hotels Highgate is a leading real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in major U.S. gateway cities including New York, Boston, Miami, San Francisco and Honolulu, with a growing Caribbean and Latin America footprint. The hospitality forward company provides expert guidance through all stages of the property cycle, from planning and development through recapitalization or disposition. Highgate has a proven record of developing its diverse portfolio of bespoke lifestyle hotel brands, legacy brands, and independent hotels and resorts with contemporary programming and digital acumen. The company utilizes industry-leading revenue management tools that efficiently identify and predict evolving market dynamics to drive outperformance and maximize asset value. With an executive team consisting of some of the most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in New York, Chicago, Dallas, London, Miami, and Seattle. www.highgate.com . Employment Status Full-Time Overview The 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 on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets. 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 including and not limited to depository and operating cash, restricted cash reserves and escrows and disbursements, as well as preparing 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.
• Maintaining tenants rent rolls and ensuring tenants are billed in a timely manner
• Filing monthly and annual general excise and transient taxes.
• Other special projects and responsibilities as assigned. Qualifications
  • Bachelors 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 weekends and holidays are required.
  • Hospitality related financial management and accounting experience desirable. Options Apply for this job online Apply Share Email this job to a friend Refer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Loading... Application FAQs Software Powered by iCIMS
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Keywords: Highgate Hotels L.P., Honolulu , Complex Asst. Director of Finance, Accounting, Auditing , Honolulu, Hawaii