Director of Finance

1 day ago

Beverly Hills, United States Highgate Hotels L.P. Full time
Compensation Type

Yearly

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
  • At least 5 years of Hospitality Finance/Accounting experience.
  • Prior Control or Director of Finance experience, preferably at a premium-branded Hotel.
  • Excellent verbal and written communication skills.
  • Bachelor’s degree in Finance or Accounting required.
  • Must supervise 2 or more employees.
  • Proficient in Windows and hotel-specific systems.
  • Long hours sometimes required.
  • Maintain a warm and friendly demeanor.
  • Effective communication with employees and guests.
  • Ability to multitask and prioritize departmental functions.
  • Attend all hotel required meetings and trainings.
  • Maintain regular attendance in compliance with Highgate Hotels Standards.
  • Maintain high standards of personal appearance and grooming.
  • Maximize productivity and assist in implementing solutions.
  • Handle problems effectively and maintain confidentiality.
  • Perform other duties as requested by management.

Salary: $130K - $140K/Annually plus bonus

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