Staff Accountant

3 months ago

Miami Beach, United States The Sagamore Hotel 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. Highgates 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 industrys 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:

The Sagamore Hotel is an oceanfront, luxury hotel in the heart of South Beach. Situated in the historic Miami Beach Art Deco District, this all-suite hotel offers 93 rooms, two-story bungalows and spacious oceanfront penthouses. The Sagamore is the perfect compliment to Miami's most recognized restaurants, nightlife and shopping.

Overview:

The Staff Accountant is responsible for providing consistent leadership in the financial area of the hotel by supplying management with financial reporting and review of hotel operations. He/she is also responsible for focusing on the day to day accounting processes of the business, maintaining accurate financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.

Responsibilities:
  • Effectively manage the day to day preparation of the daily revenue report by ensuring all department heads perform the duties and responsibilities assigned to them as described in Highgate Hotels Operating Procedures.
  • Record, or ensure your associates, record financial transactions per GAAP and as outlined in Highgate Hotels Operating Procedures.
  • Record Daily Cash transactions and manage the bank deposit and cash reconciliation process.
  • Manage the Hotel Accounts Receivable Process:
  • Determine credit worthiness of clients
  • Coordinate with the Hotel Sales team to ensure accuracy of billing.
  • Communicate and send invoices to clients and answer/respond to questions they may have and, if errors occur, adjust invoices as appropriate in order to collect funds from hotel guests./ clients.
  • Manage the hotel Accounts Payable Process:
  • Review and prepare invoices for processing
  • Review and ensure compliance to Highgate Purchase Order Policy.
  • Report internally on compliance issues.
  • Recommend payments to hotel DOF/Controller and manage payment process once approved.
  • Effectively reconcile the hotel balance sheet with supporting documentations.
  • Perform semi-annual internal audit checks to ensure compliance with operating procedures and document/implement corrective action.
  • Prepare and file all regulatory tax filings of the hotel, or in the event the hotel uses an outside firm, coordinate with the outside firm and review their work for accuracy.
  • Hire, train, supervise and develop staff, including coaching, counseling and discipline as applicable.
  • Continually focus on training and development programs for any Accounting associates to cultivate the brightest and best talent within the industry.
  • Ensure implementation and completion of all Accounting Key Competencies, both management and hourly.
  • Maintain compliance with Highgate Hotels standards and regulations to ensure safe and efficient operation of the hotel.
Qualifications:
  • College courses in an associated or related field and/or related experience in an Hotel or Hospitality environment
  • Must be proficient in Windows, Microsoft Office (Intermediate Excel and Basic Word)
  • Accounts Receivable and Payroll experience is preferred
  • Flexible and long hours sometimes required, especially during the last and first few days of the month
  • Maintain a warm and friendly demeanor at all times.
  • Must be able to effectively communicate both verbally and written, with all level of employees and guests in an attentive, friendly, courteous and service oriented manner.
  • Must be effective at listening to, understanding, and clarifying concerns raised by employees and guests.
  • Must be able to multitask, prioritize departmental functions to meet deadlines, and be organized.
  • Approach all encounters with guests and employees in an attentive, friendly, courteous and service-oriented manner.
  • Attend all hotel required meetings and trainings.
  • Participate in M.O.D. coverage as required.
  • Maintain regular attendance in compliance with Highgate Hotels Standards, as required by scheduling, which will vary according to the needs of the hotel.
  • Maintain high standards of personal appearance and grooming, which include wearing nametags.
  • Comply with Highgate Hotels 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, including anticipating, preventing, identifying and solving problems as necessary.
  • Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives.
  • Must be able to maintain confidentiality of information.
  • Perform other duties as requested by management.

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