Asst. Director of Finance

Highgate Hotels•Lahaina, HI

About The Position

The Assistant Director of Finance provides leadership in the hotel’s financial operations, guiding and training accounting staff. The role focuses on business profitability, accurate and timely financial reporting, effective internal controls, compliance with federal, state, and local regulations, and safeguarding owner and investor assets. Working under the Director of Finance, the Assistant Director supports the hotel’s accounting and financial management and advises department leaders on 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.
  • Long hours are sometimes required.

Nice To Haves

  • Hospitality-related financial management and accounting experience is desirable.

Responsibilities

  • Assist the Director of Finance with timely preparation of monthly property financial statements.
  • Prepare, monitor, and accurately record daily hotel revenues through preparation of the Income Journal.
  • Identify variances to budget and prior-year results.
  • Monitor and control hotel operations, cash flow, and operating forecasts.
  • Maintain timely interaction with department heads, under the guidance of the Director of Finance, to ensure property operations remain on track and under control.
  • Prepare monthly bank reconciliations and general ledger account reconciliations.
  • Supervise accounting department staff.
  • Ensure compliance with Highgate Accounting Policies and Procedures and internal controls for finance and accounting operations.
  • Manage and communicate issues relating to receivables, payables, daily cash balances, and timely deposits of funds.
  • Monitor hotel revenues and expenses and ensure accurate recording in accordance with established Highgate Hotel guidelines.
  • Investigate and critique variances to budget or prior-year results and offer practical improvement methodologies to management.
  • Analyze financial data and operations to assist the Director of Finance and advise department heads in maintaining the hotels’ 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 leave, personal leave, medical leave, and military leave in accordance with applicable law
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