Highgate Hotels

  • Controller

    Requisition ID
    2018-4934
    Category
    Accounting/Finance
    Job Location
    US-HI-Honolulu
    Property
    Courtyard Waikiki Beach
  • Highgate Hotels

    Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu. Highgate also has an expanding presence in key European markets through properties in London, Paris, Barcelona, Vienna and Prague. Highgate’s portfolio of global properties represents an aggregate asset value exceeding $10B and generates over $2B in cumulative revenues. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition.  Highgate also has the creativity and bandwidth to develop bespoke hotel brands and utilizes industry leading proprietary revenue management tools that identify and predict evolving market dynamics to drive out performance and maximize asset value. With an executive team consisting of some of the industry’s most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in London, New York, Dallas, and Seattle.

    Location

    Courtyard Waikiki

    Only steps from white sand beaches and world-class shopping, the Courtyard by Marriott Waikiki Beach hotel in Honolulu offers rest and relaxation from your day's island adventures. Relax in the comfort of 403 newly renovated guest rooms and suites, each with modern amenities and some with balconies.  Courtyard by Marriott Waikiki Beach has a convenient location in Waikiki, within walking distance signature restaurants and exciting nightlife. 

    Employment Status

    Full-Time

    Overview

    The Controller is responsible for providing consistent leadership in the financial area of the hotel by supplying management with guidance and training. He/she is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.

    Responsibilities

    • Fundamental Requirements:

       

      • Effectively manage and communicate cash flow related issues. This includes the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds.
      • Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotels’s established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
      • Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications.
      • 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.
      • Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
      • Ensure that all balance sheet accounts, including bank reconciliation’s are reconciled on a timely basis.
      • Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
      • Embrace a continuous growth environment by actively assisting in recruiting, reviewing, recommending and maintaining an inventory of Directors of Financial Services, Assistant Directors of Financial Services, Assistant Directors of Financial Services Trainees, Accounting Managers, Controllers, Assistant Controllers and other managers for the organization.
      • Continually focus on training and development programs for the Accounting associates to cultivate the “brightest” and “best” talent within the industry.
      • Ensure implementation and completion of all Accounting Key Competencies, both management and hourly.
      • Hire, train, supervise and develop staff, including coaching, counseling and discipline.
      • Maintain compliance with Highgate Hotels’ standards and regulations to ensure safe and efficient operation of the hotel.
      • Ensure the proper utilization, maintenance and periodic upgrades of all equipment.
      • Directs or prepares all financial reports in accordance with Highgate Hotels’s requirements meeting various due dates and deadlines, i.e.,               
      • Monthly:  Financial Statements          Forecasting           Key Statistics Report     Cash Flow
      •  Annual:   Budgets                                 5-Year Plans         5-Year Capital Plans
      •  Weekly:  A/R & A/P Aging                 Flash Reports       Payroll Reports             Revenue Updates
      • Conduct and/or attend and contribute to periodic meetings to maintain favorable working relationships among employees and promote maximum morale, productivity, and efficiency.  Executive Committee, Sales and Service, Financial Review,     Departmental 
      •  Budget & Forecast              Credit & Collection             Highgate Hotels Business Review
      • Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly.
      • Monitor the accurate production of the hotel daily operating report.

     

     

    Qualifications

    Education & Experience:

    • A minimum of 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.
    • Must be proficient in Windows, Company approved spreadsheets and word processing and in the operation of all hotel-specific systems.

     

    Physical requirements:

    • Long hours sometimes required.
    • Sedentary work, exerting up to 25 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.

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