Complex Asst. Director of Finance
Highgate Hotels, LP, New York, NY, United States
Complex Asst. Director of Finance
Requisition ID:
Category: Accounting/Finance
Location: US-NY-New York, Le Meridien Central Park
Compensation: USD $100,000.00 - $110,000.00 per year (Yearly)
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. They focus on profitability, maintain accurate financial reporting, ensure internal control, comply with regulations, and safeguard owner/investor assets.
Responsibilities
- Assist Director of Finance with timely preparation of monthly financial statements for the property
- Prepare, monitor, and accurately record hotel revenues daily via the Income Journal; identify variances to budget and prior year
- Monitor and control hotel operations, cash flow, and operating forecasts for the property
- Maintain timely interaction with Department Heads to ensure operations are on track
- Prepare monthly bank reconciliations and general ledger account reconciliations for the property
- Supervise accounting department staff
- Ensure compliance with Highgate Accounting Policies, Procedures, and internal controls
- Effectively manage receivables, payables, daily cash balances, and timely deposits of all funds
- Monitor revenues and expenses, ensuring accurate recording per Highgate guidelines; investigate variances and propose improvement methodologies
- Analyze financial data and operations to assist Director of Finance and advise Department Heads on maintaining financial objectives
- With supervision, hire, train, supervise, and develop staff, providing coaching, counseling, and discipline
- Prepare any special reports, statements, etc., as requested
- Complete other special projects and responsibilities as assigned
Qualifications
- Bachelor’s 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