Accounting Manager

Highgate Hotels • New York, NY

11d • Onsite

About The Position

The Accounting Manager provides leadership in the hotel’s financial operations by advising and training management. The role focuses on business profitability, accurate and timely financial reporting, internal controls, regulatory compliance, and safeguarding owners’ and investors’ assets. The position supports Millennium Premier and Millennium Times Square in Manhattan.

Requirements

• At least 6 years of related progressive experience in hotel accounting or a related field; alternatively, a four-year college degree with an Accounting/Finance concentration and at least 2 years of related progressive experience; or a two-year college degree and at least 4 years of related progressive experience.
• Proficiency in Windows, company-approved spreadsheets and word-processing software, and hotel-specific systems.
• Effective verbal and written communication with employees and guests at all levels.
• Ability to listen to, understand, and clarify concerns raised by employees and guests.
• Ability to multitask and prioritize departmental functions to meet deadlines.
• Ability to handle problems by anticipating, preventing, identifying, and resolving them.
• Ability to understand and evaluate complex information and data from various sources.
• Ability to maintain confidentiality.
• Maintain regular attendance as required by the hotel’s schedule and standards.
• Maintain a high standard of personal appearance and grooming, including wearing a nametag.
• Comply with Highgate Hotel standards and regulations and contribute to safe, efficient operations.
• Maximize productivity, identify problem areas, and assist in implementing solutions.
• Maintain an attentive, friendly, courteous, and service-oriented demeanor toward guests and employees.

Responsibilities

• Manage and communicate cash-flow issues, including preparing monthly financial statements and overseeing receivables, payables, cash balances, controls, and timely deposits.
• Monitor hotel revenues and expenses and ensure accurate recording under Highgate Hotels’ guidelines.
• Monitor and control hotel cash flow and operating forecasts.
• Prepare annual budgets and monthly variance analyses; investigate variances from budget or prior year and recommend practical improvements.
• Ensure compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management with enforcement.
• Analyze financial and operational data to advise management on meeting the hotels’ financial objectives.
• Comply with standard accounting policies, procedures, and internal controls for finance and accounting operations.
• Review and approve balance sheet accounts in a timely manner, including monthly bank and general-ledger reconciliations.
• Establish and audit internal financial controls covering purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
• Coordinate internal and external financial audits, including work with CPA firms and timely delivery of requested information.
• Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
• Maintain compliance with Highgate Hotels’ standards and regulations for safe and efficient hotel operations.
• Direct or prepare required financial reports and meet deadlines, including weekly A/R and A/P aging, flash, payroll, and revenue reports; monthly financial statements, forecasting, key statistics, and cash-flow reports; and annual budgets, five-year plans, and five-year capital plans.
• Interact with Executive Committee members to ensure property operations remain on track and under control.
• Monitor compliance with report deadlines and the accurate production of the hotel daily operating report; respond accordingly to missed deadlines or issues.
• Participate in Manager on Duty coverage as required and attend required hotel meetings and trainings.
• Complete other assigned projects and duties.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Short-term and long-term disability insurance
• 401(k) retirement plan with employer matching contributions
• Paid holidays
• Paid vacation
• Paid sick leave in accordance with applicable law
• Employee assistance program (EAP)
• Educational opportunities and tuition reimbursement
• Paid jury duty leave, personal leave, medical leave, and military leave in accordance with applicable law

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree