Director of Finance

Director Of Finance

Highgate is a leading real estate investment and hospitality management company with over $15 billion of assets under management and a global portfolio of more than 400 hotels spanning North America, Europe, the Caribbean, and Latin America.

The Director Of Finance is responsible for providing consistent leadership in the financial area of the hotel by 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 Highgate Hotels's Standard Operating Procedures and safeguarding owners / investors assets.

Responsibilities include :

• Effectively manage and communicate cash flow related issues.
• Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotels established guidelines.
• Creates annual budgets and monthly variance analysis.
• Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
• Analyze financial data and operations in order to assist and advise management in maintaining the hotels' financial objectives.
• Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations.
• Timely reviews and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations.
• Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
• Successful completion of all internal and external financial audits, including coordination of work with CPA firms and delivering information requested by auditors on a timely basis.
• 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.
• Directs or prepares all financial reports in accordance with Highgate Hotels' requirements, meeting various due dates and deadlines.
• Timely interacts with Executive Committee members to assure that property operations are on track and under control at all times.
• Monitor hotels' compliance in meeting required report deadlines and due dates and react accordingly.
• Monitor the accurate production of the hotel daily operating report.
• Oversee onsite accounting team.
• Executes other special projects and responsibilities as assigned.

Qualifications include :