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Accounting Manager
Highgate
Provides leadership and guidance in the financial area of the hotel, managing cash flow, ensuring compliance with regulations, and analyzing financial data to advise management.
16d ago
Expert & Leadership (13+ years), Experienced (8-12 years), Intermediate (4-7 years)
Full Time
Boston, MA
Onsite
Company Size
2,000 Employees
Service Specialisms
Hospitality
Real Estate Investment
Asset Management
Property Development
Hotel Management
Investment Management
Sector Specialisms
No specialisms available
Role
What you would be doing
revenue monitoring
cash flow control
financial analysis
productivity maximization
account approval
standard compliance
- 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.
- Timely interacts with Executive Committee members to assure that property operations are on track and under control at all times.
- Approach all encounters with guests and employees in an attentive, friendly, courteous and service-oriented manner.
- Maximize efforts towards productivity, identify problem areas and assist in implementing solutions.
- Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
- Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly.
- Timely reviews and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations.
- Attend all hotel required meetings and trainings.
- Report responsibility - Monthly: Financial Statements, Forecasting KeyStatistics Report, Cash Flow
- Participate in M.O.D. coverage as required.
- Monitor the accurate production of the hotel daily operating report.
- 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.
- Maintain compliance with Highgate Hotels’ standards and regulations to ensure safe and efficient operation of the hotel.
- Maintain regular attendance in compliance with Highgate Hotel Standards, as required by scheduling, which will vary according to the needs of the hotel.
- Directs or prepares all financial reports in accordance with Highgate Hotels’ requirements, meeting various due dates and deadlines.
- Maintain a warm and friendly demeanor at all times.
- Comply with Highgate Hotel Standards and regulations to encourage safe and efficient hotel operations.
- Hire, train, supervise and develop staff, including coaching, counseling and discipline.
- 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.
- Maintain high standards of personal appearance and grooming, which include wearing nametags.
- Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
- Creates annual budgets and monthly variance analysis. Investigates and critiques variances to budget or to prior year and offer practical improvement methodologies to management.
- Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations
What you bring
windows
communication
problem solving
confidentiality
auditing
analytical skills
- Must be proficient in Windows, Company approved spreadsheets and word processing and in the operation of all hotel-specific systems.
- 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 in handling problems, including anticipating, preventing, identifying and solving problems as necessary.
- Must be able to maintain confidentiality of information.
- 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.
- Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives.
- 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.
- At least 6 years of related progressive experience in hotel Accounting or related field; or a 4-year college degree with an Accounting/ Finance concentration and a minimum of 2 years of related progressive experience; or a 2-year college degree and a minimum of 4 years of related progressive experience.
Information not given or found
Training + DevelopmentInformation not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearance- compliance with highgate hotels' standards and regulations to ensure safe and efficient operation of the hotel.
- maintaining confidentiality of information.
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Company
Overview
Founded 1988
Year Established
The company was established in 1988 and has since grown into a global leader in investment and hospitality management.
- Specializes in identifying and unlocking value across the hospitality and real estate sectors.
- Has a strong presence in major markets worldwide, with a diverse portfolio spanning luxury, boutique, and extended-stay properties.
- Expertise includes hotel operations, development, asset management, and investment strategies.
- Approach focuses on strategic acquisitions, partnerships, and repositioning of underperforming assets.
- Notable projects include the management of high-end hotels in prime locations, ranging from urban centers to resort destinations.
- Known for innovative strategies and the ability to transform and enhance real estate properties.
- Continuously leverages market insights and technology to stay at the forefront of the hospitality and real estate industries.
- Commitment to excellence in hospitality
- Innovation through technology and operational efficiency
- Creating memorable guest experiences
- A culture of respect, integrity, and professionalism
- Collaborative team environment
2050
Net Zero Emissions Target
The company aims to achieve net zero carbon emissions by this year, marking a significant milestone in its sustainability journey.
- Commitment to reducing carbon footprint
- Investment in energy-efficient technologies
- Water conservation programs
- Sustainable sourcing and waste reduction efforts
- Focus on creating an inclusive and diverse workforce
- Gender balance initiatives, with a focus on leadership roles
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