Director of Finance

Responsibilities

• Timely preparation of monthly financial statements for the property
• Prepare, monitor, and accurately record hotel revenues daily by preparation of the Income Journal.
• Identify all variances to budget and last year.
• Maintaining accuracy and timeliness of financial reporting.
• Maintain acceptable levels on internal control.
• Ensure compliance with all federal, state, and local regulations.
• Safeguard owners/investors assets.
• Preparation of monthly bank reconciliations and general ledger account reconciliations for the property.
• Supervision of accounting department staff.
• Compliance with Highgate Accounting Policies and Procedures and internal controls for our finance and accounting operations.
• Effectively manage and communicate related issues related to management of receivables, payables, daily cash balances, and timely deposits of all funds.
• Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotel’s established guidelines.
• Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
• Analyze financial data and operations in order to assist Director of Finance and advise Department Heads in maintaining the hotels’ financial objectives.
• With supervision of Highgate Accounting, hire, train, supervise and develop staff, including coaching, counseling and discipline.
• Preparation of any special reports, statements, etc., as requested.
• Other special projects and responsibilities as assigned.

Qualifications

• Bachelor's Degree, preferably in Accounting.
• Strong PC skills including Excel, Word and financial accounting systems.
• Strong organizational, analytical, verbal and written communication skills.
• Hospitality related financial management and accounting experience desirable.