Vice President of Finance
Highgate Hotels 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, with a rapidly expanding presence in Europe, Latin America, and the Caribbean. Highgate's portfolio of global properties represents an aggregate asset value exceeding $20B and generates over $5B 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 Overview
The Vice President of Finance will oversee the Kessler Collection portfolio of hotels and can be based out of any key market in the Southeast US : including, Atlanta, Orlando, Charlotte or Virginia.
Responsibilities
- Prioritize regional, hotel, or departmental functions to meet all deadlines.
- Provide assistance and financial leadership to Directors of Financial Services and management of other locations.
- Supervise the implementation and preparation of cash flow statements and projections across the portfolio of hotels.
- Work with ownership groups on cash requirements, ROI initiatives, reporting requirements and other ownership needs.
- Monitor regional hotels' revenues and expenses to ensure the accurate recording of information in accordance with Hotel's guidelines.
- Monitor the capital planning process by assisting management with calculating return on capital improvements, gathering support and monitoring the bid process.
- Ensure hotels' compliance with all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
- Analyze financial data and operations to assist and advise management in maintaining the hotels' financial objectives.
- Monitor compliance of internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
- Embrace a continuous growth environment by assisting in recruiting, reviewing, recommending, and maintaining an inventory of Directors of Finance, Assistant Directors of Finance, Accounting Managers, and other managers.
- Focus on training and development programs for accounting associates to cultivate the "brightest" and "best" talent.
- Hire, train, supervise and develop staff, including coaching, counseling, and discipline.
- Review, rate, and evaluate the Director of Finance performance.
- Assist in the revision, recognition, development, and implementation of Accounting Standard Operating Procedures.
- Direct or prepare financial reports in accordance with Hotel's requirements.
- Conduct and / or attend and contribute to periodic meetings to maintain favorable working relationships among employees.
- Monitor hotels' compliance in meeting required report deadlines.
- Participate in company sponsored recruiting efforts as needed.
Qualifications
A minimum of 10 years of progressive experience in hotel accounting or related field; or a 4-year college degree with an Accounting / Finance concentration and a minimum of 5 years of related progressive experience; or a 2-year college degree and a minimum of 8 years of related progressive experience.Experience in hotel or restaurant financial background is required.Proven leadership abilities with experience leading teams and departments.Multi hotel experience is preferred.Technical knowledge of key financial systems and software is required.Must be able to effectively communicate both verbally and written.Must be able to multitask and prioritize departmental functions to meet deadlines.Maintain regular attendance in compliance with Hotel Standards.Comply with Hotel Standards and regulations to encourage safe and efficient hotel operations.Maximize efforts towards productivity, identify problem areas and assist in implementing solutions.Must be effective in handling problems.Must be able to understand and evaluate complex information.Must be able to maintain confidentiality of information.Perform other duties as requested by management.Must be proficient in Windows, company-approved spreadsheets and word processing, and in the operation of all hotel-specific systems.Advanced excel capabilities pivot tables, formulas, formatting, conditional formatting, etc.Leadership experience and abilities.Ability to travel up to 2 weeks per month.