Highgate Hotels

  • Traveling Controller

    Requisition ID
    2018-6067
    Category
    Accounting/Finance
    Job Location
    US-NY-New York
    Property
    Highgate Corporate Office - NY
  • 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.

    Employment Status

    Full-Time

    Overview

    The Traveling Controller acts as a Hotel’s Director of Finance, chief business officer and senior financial and accounting person for hotels which are experiencing a vacancy in the Director of Finance’s position.  The position is responsible for all aspects of financial management, financial control, accounting and financial reporting for the assigned property.  The position is also responsible for training of new Directors of Finance.  The responsibilities of a Traveling Controller include, but are not limited to, timely, responsive and accurate completion of or training for the following duties.

    Responsibilities

    • Understanding and compliance with all of the property’s contractual documents
    • Timely preparation of monthly financial statements for the property
    • Monitoring and control of hotel operations, cash flow and operating forecasts for the property
    • Timely interaction with Executive Committee members to assure that property operations are on track and under control at all times
    • Creation of annual budgets and monthly variance analyses for the property
    • Preparation and/or review and approval of monthly bank reconciliations and general ledger account reconciliations for the property
    • Supervision of accounting department staff
    • Review, approval and processing of disbursements
    • Compliance with Standard Accounting Policies and Procedures and internal controls for our finance and accounting operations
    • Successful completion of internal and external financial audits, including coordination of work with CPA firms and delivering information requested by auditors on a timely basis
    • Preparation of any special reports, statements, etc., as requested
    • Other special projects and responsibilities as assigned

    Qualifications

    • Eight + years of hospitality related financial management and accounting experience at the property level, including experience as a DOF or Assistant DOF at a larger property
    • Bachelor’s Degree in Accounting required
    • Strong PC skills including Excel, Word and financial accounting systems
    • Strong organizational, analytical, verbal and written communication skills.
    • Ability to work overtime as necessary to complete assigned duties
    • 80% travel required
    • Oracle accounting system experience strongly preferred

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