IT Financial Analyst

Highgate Hotels Corporate Office TX•Irving, TX

1d•Onsite

About The Position

Highgate is a leading real estate investment and hospitality management company with over $15 billion of assets under management and a global portfolio of more than 400 hotels spanning North America, Europe, the Caribbean, and Latin America. With a 30-year track record as an innovator in the hospitality industry, this forward-thinking company provides expert guidance through all stages of the property cycle, from planning and development through recapitalization or disposition. Highgate continues to demonstrate success in developing a diverse portfolio of bespoke lifestyle hotel brands, legacy brands, and independent hotels and resorts, featuring contemporary programming and digital acumen. The company utilizes industry-leading revenue management tools that efficiently identify and predict evolving market dynamics to drive outperformance and maximize asset value. With an executive team of seasoned hospitality leaders and corporate offices worldwide, Highgate is a trusted partner for top ownership groups and major hotel brands. www.highgate.com The IT Financial Analyst, reporting to the Chief Information and Digital Officer, is responsible for reporting and control of IT related budgeting and expense at both the hotel level and corporate level. This is a critical role requiring focus, attention to detail and accuracy. Candidate will be expected to research and resolve issues, analyze, and report on budgeting, and see tasks through to completion. From developing forward-thinking analysis to generating management reports to providing ROI analysis on various technology projects, the IT Financial Analyst is an important partner and advisor to our Technology division and senior management.

Requirements

Bachelor's degree in Finance, Accounting, Business Administration, Information Systems / MIS, or related field
Required to have 3-5 years or more of general ledger accounting experience, preferably with experience
preparing cash and investment account reconciliations
Must demonstrate extreme organization and possess organizational skills
Practical understanding and application of GAAP and SOX Compliance
Experience in creating reporting using Microsoft tools and PowerBI to organize and analyze large volumes of financial data
Must have experience creating and maintaining a P&L
Outstanding ability to analyze and review budgets and P&Ls
Ability to apply mathematical operations and algebraic logic to identify transactions that require research and/or documentation
Previous experience in accounting or an analytical role required
Excellent verbal and written communication skills
Excellent presentation and facilitation skills
A demonstrated commitment to high professional ethical standards and a diverse workplace
Ability to adapt to a fast paced continually changing business and work environment while managing multiple priorities
Software Skills Required:
PowerBI
Microsoft Excel
Microsoft Office Suite

Nice To Haves

Knowledge of the 12th edition of the Uniform System of Accountings for the Lodging Industry preferred but not required
Oracle Financials (Preferred, but not required)
Experience working with IBM Planning and Analytics (TM1) (Preferred, but not required)

Responsibilities

Audit and review of corporate and hotel level technology budgeting
Provide direction and support for budget planning within IT departments
Budget / Actual variance reporting surrounding our Technology CAPEX and OPEX planning and forecasting
Liaise with various internal teams to enhance technology reporting databases/systems
Assist technology team with the recording and tracking of project related expenses
Responsible for various phases of procurement and purchase order process including review of submitted purchase requisitions for account coding and budget approval.
Ongoing budget tracking, approval level tracking and oversight of expenses
Provide support to finance and technology management and other internal departments as needs arise, including financial analysis, project modeling and special projects.
Prepares accurate general ledger journal entries for assigned transactions and accounts by due date
Navigates in 3rd party software to obtain data such as bank statements and any state reporting regulations for assigned accounts.
Prepares variance analysis and explanations for changes in account/budget balances in the current financial period to balances in prior periods, providing clear and concise explanations in support of management reporting and audit requirements
Analyze business case models to show potential ROI on various IT projects and annual spend