What are the responsibilities and job description for the Director of Finance position at Highgate Hotels L.P.?
Compensation Type
Yearly
The following information provides an overview of the skills, qualities, and qualifications needed for this role.
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, 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.
Location
Located in the heart of Beverly Hills, Mosaic Hotel is just steps from a diverse collection of world-class restaurants, museums, nightclubs, and the shops of Rodeo Drive, Wilshire Boulevard, and Century City. The Mosaic Hotel Beverly Hills is an exclusive luxury hotel offering 49 newly-redesigned contemporary guestrooms.
Overview
The Complex Director of Finance is responsible for providing consistent leadership in the financial area of the hotels by focusing on profitability; maintaining accurate and timely financial reporting; ensuring acceptable levels of internal control; ensuring compliance with all regulations and Highgate Hotels’ Standard Operating Procedures; and safeguarding owners / investors' assets.
Responsibilities
- Effectively manage and communicate cash flow related issues, including preparation of monthly financial statements.
- Monitor hotel revenues and expenses, ensuring accurate recording in accordance with established guidelines.
- Create annual budgets and monthly variance analysis, investigating variances and offering practical improvement methodologies.
- Ensure compliance with all regulatory licenses, permits, leases, contracts, and operational taxes.
- Analyze financial data to assist management in maintaining financial objectives.
- Comply with Standard Accounting policies and procedures.
- Review and approve all balance sheet accounts and reconciliations.
- Establish and audit all internal financial controls.
- Complete all internal and external financial audits.
- Hire, train, supervise, and develop staff.
- Maintain compliance with Highgate Hotels’ standards.
- Prepare all financial reports according to requirements.
- Interact with Executive Committee members to ensure property operations are on track.
- Monitor compliance with report deadlines.
- Execute other special projects and responsibilities as assigned.
Qualifications
Salary : $130K - $140K / Annually plus bonus
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Salary : $130,000 - $140,000
