Assistant Director of Finance

Manhattan at Times Square • New York, NY

4d • $115,000 - $125,000 • Onsite

About The Position

The Assistant Director of Finance provides leadership in the hotel’s financial operations by guiding and training accounting staff. The role focuses on business profitability, accurate and timely financial reporting, internal controls, regulatory compliance, and protecting owners’ and investors’ assets. The position supports the Director of Finance and works with department heads to monitor hotel operations and meet financial objectives.

Requirements

• Bachelor’s degree, preferably in Accounting.
• Strong PC skills, including Excel, Word, and financial accounting systems.
• Strong organizational and analytical skills.
• Strong verbal and written communication skills.
• Hospitality-related financial management and accounting experience is desirable.

Nice To Haves

• Hospitality-related financial management and accounting experience.

Responsibilities

• Assist the Director of Finance with timely preparation of the property’s monthly financial statements.
• Prepare, monitor, and accurately record daily hotel revenues through the Income Journal; identify variances to budget and the prior year.
• Monitor and control hotel operations, cash flow, and operating forecasts.
• Interact with department heads, under the Director of Finance’s guidance, to help ensure property operations are on track and controlled.
• Prepare monthly bank reconciliations and general ledger account reconciliations.
• Supervise accounting department staff.
• Comply with Highgate accounting policies and procedures and internal controls for finance and accounting operations.
• Manage and communicate issues involving receivables, payables, daily cash balances, and timely deposits.
• Monitor hotel revenues and expenses and ensure accurate recording according to established guidelines; investigate variances and recommend practical improvements.
• Analyze financial data and operations to assist the Director of Finance and advise department heads in maintaining the hotel’s financial objectives.
• With the Director of Finance’s supervision, hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
• Prepare special reports and statements as requested.
• Complete other special projects and responsibilities as assigned.

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, personal, medical, and military leave in accordance with applicable law

What This Job Offers

• Job Type: Full-time
• Career Level: Manager