Accounting Manager

Highgate Hotels•New York, NY

About The Position

The Accounting Manager provides leadership in the hotel’s financial operations by guiding and training management. The role focuses on business profitability, accurate and timely financial reporting, internal controls, regulatory compliance, and safeguarding owner and investor assets. The Accounting Manager analyzes financial data and hotel operations, advises management on financial objectives, oversees accounting staff, and coordinates financial audits and reporting.

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 with 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 understand and evaluate complex information and data from multiple sources.
Ability to maintain confidentiality.
Ability to handle problems effectively, including anticipating, preventing, identifying, and solving them.
Maintain a warm, attentive, friendly, courteous, and service-oriented demeanor.
Maintain regular attendance as required by scheduling and the needs of the hotel.
Maintain high standards of personal appearance and grooming, including wearing a nametag.

Responsibilities

Manage and communicate cash-flow matters, including preparation of monthly financial statements and oversight of 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 and recommend practical improvements.
Ensure compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management with compliance.
Analyze financial data and operations to advise management on the hotel’s financial objectives.
Follow standard accounting policies, procedures, and internal controls for finance and accounting operations.
Review and approve balance sheet accounts, monthly bank reconciliations, and general ledger account reconciliations.
Establish and audit internal financial controls covering purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
Coordinate and support internal and external financial audits, including working with CPA firms and providing requested information on time.
Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
Maintain compliance with Highgate Hotels standards and regulations to support safe and efficient hotel operations.
Direct or prepare required financial reports and meet reporting 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 are on track and controlled.
Monitor compliance with report deadlines and respond as needed.
Monitor the accurate production of the hotel daily operating report.
Participate in Manager on Duty coverage as required.
Attend required hotel meetings and trainings, maintain regular attendance and professional appearance, and perform other duties or special projects as assigned.
Maximize productivity, identify problem areas, and help implement solutions; handle, anticipate, prevent, identify, and solve problems.
Maintain confidentiality and communicate with employees and guests in an attentive, friendly, courteous, and service-oriented manner.

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
Educational opportunities and tuition reimbursement
Paid jury duty leave
Personal leave, medical leave, and military leave in accordance with applicable law