Highgate Hotels

  • Assistant Controller

    Requisition ID
    2018-5255
    Category
    Accounting/Finance
    Job Location
    US-NY-New York
    Property
    Knickerbocker
  • 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

    Knickerbocker

     

    Edging the bright lights of Broadway and the calm of Bryant Park, The Knickerbocker is a legendary New York landmark reborn as the first luxury hotel in Times Square. Filled with fabled legends, The Knickerbocker once played host to legendary political bigwigs, actresses, oil tycoons and sports figures—and it’s rumored the martini was invented here in the hotel. While historic details like the hotel’s gorgeous Beaux-Arts facade remain unchanged, a soothing new luxury aesthetic is offered within. The stunning transformation of this treasured Manhattan monument invites discerning travelers to discover 300 luxe guestrooms and suites boasting incredible views and bespoke furnishings. An air of posh authenticity embraces New York City’s premier luxury lifestyle hotel.

    Employment Status

    Full-Time

    Overview

    The Assistant Controller / Assistant Director of Finance will supervise and coordinate the Accounting Operations in the hotel to ensure accurate, timely and consistent reporting in accordance with policies and procedures, GAAP and federal, state and local laws and regulations.  Assist and support the Controller in maintaining control over income, expenses and the assets and liabilities of the hotel. Position is responsible for the daily operation of Payroll, Accounts Receivable, Accounts Payable, Income Journal, General Cashiering, Taxes and internal controls.  May recommend and implement operational changes.

    Responsibilities

    • Supervise the Payroll, Accounts Payable, Accounts Receivable, Cashier and Night Audit employees; interview, recommend hiring, train, develop, empower, schedule, coach and counsel, recommend and conduct performance and salary reviews, resolve problems, provide open communications and recommend discipline and termination, as appropriate.  
    • Supervise the daily accounting operations ensuring compliance with the SOPs and LSOPs, GAAP and all federal, state and local laws and regulations.  
    • Analyze and reconcile all general ledger accounts and bank statements to ensure financial information is available and accurate.  
    • Prepare financial statements and reports to ensure accurate, timely information is available for management.  
    • Assist in the compilation and preparation of the annual budget, forecasts, taxes and other financial reports to provide support thus ensuring accurate, timely information is available for management and owners.  
    • Train, monitor and coordinate the implementation and maintenance of financial and cash controls and information flow throughout the other departments in the hotel to ensure compliance, accurate records and minimize liabilities, losses and expenses.  
    • Resolve problems and ensure maintenance of the accounting systems and equipment to ensure smooth operations.  
    • Analyze and be familiar with tenants, leases and rent reports and ensure hotel is in compliance with hotel leases and management contracts. 
    • Assumes the responsibilities of the Controller in his/her absence.

    Qualifications

    • 2 - 4 years of hotel accounting experience.
    • Bachelor's degree in Accounting or Finance
    • Requires knowledge of all the functions performed by the subordinate reporting directly or indirectly to the Hotel Controller.
    • Requires advanced knowledge of the accounting, finance and hospitality professions.  Requires experiential knowledge for management of people and complex problems.
    • Requires ability to analyze activities or information involving some original data manipulation or interpretation to arrive a logical conclusion.
    • Requires the ability to make decisions guided by established policies and procedures.
    • Requires the ability to communicate so as to provide information and services, supervisory skills

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