Assistant Director of Finance at Park Lane | NY, US | Rezi

Assistant Director of Finance at Park Lane

Assistant Director of Finance

Park Lane · NY, US

3 weeks ago

Assistant Director of Finance

Park Lane · NY, US

24 days ago
Resume preview

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

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. This role focuses on profitability, accurate financial reporting, internal controls, regulatory compliance, and safeguarding owner/investor 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, identifying all variances to budget and last year.
  • Monitor and control hotel operations, cash flow, and operating forecasts for the property.
  • Maintain timely interaction with Department Heads to assure property operations are on track and under control.
  • Prepare monthly bank reconciliations and general ledger account reconciliations for the property.
  • Supervise accounting department staff.
  • Ensure compliance with Highgate Accounting Policies and Procedures and internal controls for finance and accounting operations.
  • Effectively manage and communicate issues related to receivables, payables, daily cash balances, and timely deposits.
  • Monitor hotel revenues and expenses, ensuring accurate recording and investigating variances to budget or prior year, offering improvement methodologies.
  • Analyze financial data and operations to assist the Director of Finance and advise Department Heads in maintaining financial objectives.
  • Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
  • Prepare special reports, statements, etc., as requested.
  • Undertake other special projects and responsibilities as assigned.

Requirements

  • 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 required.
  • Hospitality related financial management and accounting experience desirable.

Skills

  • Excel
  • Word
  • Financial accounting systems
  • Organizational skills
  • Analytical skills
  • Verbal communication skills
  • Written communication skills

Location

  • Park Lane New York

Work Type

  • Yearly

Education Level

  • Bachelors Degree

About the Company

  • Highgate is a leading real estate investment and hospitality management company with over $15 billion of assets under management and a global portfolio of more than 400 hotels spanning North America, Europe, the Caribbean, and Latin America.
  • With a 30-year track record as an innovator in the hospitality industry, this forward-thinking company provides expert guidance through all stages of the property cycle, from planning and development through recapitalization or disposition.
  • Highgate continues to demonstrate success in developing a diverse portfolio of bespoke lifestyle hotel brands, legacy brands, and independent hotels and resorts, featuring 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 of seasoned hospitality leaders and corporate offices worldwide, Highgate is a trusted partner for top ownership groups and major hotel brands.