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About the Role

The Accounting Manager is responsible for providing consistent leadership in the financial area of the hotel by supplying management with guidance and training. This role focuses on profitability, accurate financial reporting, internal controls, regulatory compliance, and safeguarding assets.

Responsibilities

Manage and communicate cash flow issues, including accurate and timely preparation of monthly financial statements.
Monitor hotel revenues and expenses, ensuring accurate recording per Highgate Hotels guidelines.
Monitor and control hotel cash flow and operating forecast.
Create annual budgets and perform monthly variance analysis, investigating and critiquing variances.
Ensure hotel compliance with regulatory licenses, permits, leases, contracts, legal agreements, and operational taxes.
Analyze financial data and operations to advise management on financial objectives.
Comply with Standard Accounting policies, procedures, and internal controls.
Review and approve all balance sheet accounts, including monthly bank and general ledger reconciliations.
Establish and audit internal financial controls for purchasing, cash handling, disbursements, inventories, assets, master keys, payroll, and employee records.
Successfully complete all internal and external financial audits.
Hire, train, supervise, and develop staff.
Maintain compliance with Highgate Hotels' standards and regulations for safe and efficient operation.
Prepare all financial reports in accordance with Highgate Hotels' requirements.
Report weekly: A/R & A/P Aging, Flash Reports, Payroll Reports, Revenue Updates.
Report monthly: Financial Statements, Forecasting Key Statistics Report, Cash Flow.
Report annually: Budgets, 5-Year Plans, 5-Year Capital Plans.
Interact with Executive Committee members to ensure property operations are on track.
Monitor hotel compliance with report deadlines and due dates.
Monitor the accurate production of the hotel daily operating report.
Execute other special projects and responsibilities as assigned.

Requirements

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.
Proficient in Windows, company-approved spreadsheets and word processing, and hotel-specific systems.
Maintain a warm and friendly demeanor at all times.
Effectively communicate verbally and written with all levels of employees and guests in an attentive, friendly, courteous, and service-oriented manner.
Effective listening, understanding, and clarifying of employee and guest concerns.
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 Hotel Standards.
Maintain high standards of personal appearance and grooming.
Comply with Highgate Hotel Standards and regulations to encourage safe and efficient hotel operations.
Maximize efforts towards productivity, identify problem areas, and assist in implementing solutions.
Effective in handling problems, including anticipating, preventing, identifying, and solving problems.
Understand and evaluate complex information, data, etc., from various sources to meet appropriate objectives.
Maintain confidentiality of information.
Perform other duties as requested by management.

Skills

Financial reporting
Cash flow management
Budgeting
Variance analysis
Internal controls
Regulatory compliance
Audit coordination
Staff supervision and training
Microsoft Windows
Spreadsheet software
Word processing software
Hotel-specific systems

Location

Midtown Manhattan

Work Type

Full-time

Experience Level

6+ years of related progressive experience
2+ years of related progressive experience with a 4-year degree
4+ years of related progressive experience with a 2-year degree

Education Level

4-year college degree with an Accounting/Finance concentration
2-year college degree

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Short-term disability insurance
Long-term disability insurance
401(k) Retirement Plan with employer matching contributions
Paid holidays
Paid vacation
Paid sick leave
Employee assistance program (EAP)
Educational opportunities / Tuition reimbursement
Paid jury duty leave
Paid personal leave
Paid medical leave
Paid military leave

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.
The company has a 30-year track record as an innovator in the hospitality industry.
Highgate provides expert guidance through all stages of the property cycle.
Highgate develops a diverse portfolio of bespoke lifestyle hotel brands, legacy brands, and independent hotels and resorts.
The company utilizes industry-leading revenue management tools.
Highgate has an executive team of seasoned hospitality leaders and corporate offices worldwide.
Highgate is a trusted partner for top ownership groups and major hotel brands.