Asst. Director of Finance

Overview

Oversee hotel finance, reporting, controls, and staff to drive profitability.

Key Responsibilities

• cash management
• revenue recording
• financial analysis
• bank reconciliation
• staff supervision
• variance reporting

Tasks

-Effectively manage and communicate related issues related to management of receivables, payables, daily cash balances, and timely deposits of all funds. -Monitoring and control of hotel operations, cash flow and operating forecasts for the property -Supervision of accounting department staff -Analyze financial data and operations in order to assist Director of Finance and advise Department Heads in maintaining the hotels’ financial objectives. -Prepare, monitor, and accurately record hotel revenues daily by preparation of the Income Journal. Identify all variances to budget and last year. -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 -With supervision of Director of Finance hire, train, supervise and develop staff, including coaching, counseling and discipline. -Assist Director of Finance in timely preparation of monthly financial statements for the property -Preparation of monthly bank reconciliations and general ledger account reconciliations for the property -Preparation of any special reports, statements, etc., as requested. -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.

Requirements

• hospitality accounting
• compliance
• excel
• analytical
• communication
• bachelors

What You Bring

-Hospitality related financial management and accounting experience desirable. -Compliance with Highgate Accounting Policies and Procedures and internal controls for our finance and accounting operations -Strong PC skills including Excel, Word and financial accounting systems. -Strong organizational, analytical, verbal and written communication skills. -Bachelors Degree, preferably in Accounting.

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About Highgate

-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.

Sector Specialisms