Financial Operations Manager for Luxury Hotels

7 days ago

Seattle, Washington, United States Highgate Hotels L.P. Full time
Job Summary

A seasoned Financial Operations Manager is sought after by Highgate Hotels L.P. to lead the financial direction of our upscale hotels. This role demands expertise in finance, accounting, and management to drive profitability, maintain accurate financial reporting, and ensure regulatory compliance.

About Highgate Hotels L.P.

Highgate Hotels L.P. is a leading real estate investment and hospitality management company with a reputation for innovation in the industry. With a diverse portfolio of global properties, we generate over $5B in cumulative revenues. Our team of experienced hotel management leaders provides expert guidance through all stages of the hospitality property cycle.

Responsibilities
  • Effectively manage cash flow related issues, ensuring timely preparation of monthly financial statements, including cash flow statements, management of receivables, payables, cash balances, and control mechanisms.
  • Monitor hotel revenues and expenses, accurately recording them in accordance with established guidelines. Control Hotel's cash flow and operating forecast, while creating annual budgets and monthly variance analysis.
  • Investigate and critique variances to budget or prior year, offering practical improvement methodologies to management.
  • Evaluate hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes. Provide assistance to management in enforcing compliance on these items.
  • Analyze financial data and operations to assist management in maintaining the hotels' financial objectives.
  • Maintain compliance with Standard Accounting policies and procedures, internal controls for finance and accounting operations, and review and approval of balance sheet accounts.
Requirements
  • At least 5 years of Hospitality Finance/Accounting experience.
  • Prior Controller or Director of Finance experience, preferably at a premium-branded Hotel.
  • Excellent verbal and written communication skills.
  • Bachelor's degree required, preferably in Finance or Accounting.
  • Must supervise 2 or more employees.
  • Must be proficient in Windows, Company approved spreadsheets, and word processing, as well as hotel-specific systems.
Compensation

$130K - $145K salary range, commensurate with experience.

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