Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the Caribbean. Highgate’s portfolio of global properties represents an aggregate asset value exceeding $20B and generates over $5B in cumulative revenues. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition. Highgate also has the creativity and bandwidth to develop bespoke hotel brands and utilizes industry leading proprietary revenue management tools that identify and predict evolving market dynamics to drive out performance and maximize asset value. With an executive team consisting of some of the industry’s most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in London, New York, Dallas, and Seattle.
Location
Isla Verde Beach is two blocks away, and we've got a reserved area with chairs and umbrellas. Relax right here in our resort-style pool, featuring a waterfall and foliage. The airport is about five minutes away. Enjoy free cooked-to-order breakfast, and have a drink at our complimentary Evening Reception.
OverviewThe Area Director of Finance is responsible for ensuring their respective hotel portfolio meets the operating requirements of Highgate Hotels, meets their reporting deadlines, has a secure control environment and a proper cash flow forecast in place. This includes analyzing results and labor related expenses to look for opportunities. The Area DOF is expected to be a business partner to the Highgate Operations team and have a firm understanding of operating cash needs. The Area DOF is responsible for the oversight of all property-based finance personnel within their assigned portfolio, in addition, they are responsible for ensuring compliance with all federal, state, and local regulations and complying with all Highgate Hotel’s policies and procedures.
The Area Director of Finance serves as the “senior advisor” for the other hotels in the area with respect to accounting functions. Twenty percent (20%) of the Area Director of Finance’s time will be devoted to area responsibilities, the remaining eighty percent (80%) will be devoted to the home hotel assignment. Casino experience and fluency in Spanish are required to be successful in this role.
Responsibilities Approach all encounters with guests and teammates in an attentive, friendly, courteous, and service-oriented manner.Always comply with Highgate Hotels’ standards and regulations to encourage safe and efficient hotel operations. Maximize efforts towards productivity, identify problem areas, and assist in finding and implementing their solutions. In addition to their responsibilities at their respective “Home Property”, the Area Director of Finance has additional responsibilities:Communicate with owners, asset managers, lenders, investors, and other stakeholders as well as the Highgate Operations team regarding financial performance of their assets and performance of hotel finance staff. Actively address their concerns and build a long-term relationship of trust.Work with Highgate Operations team to build long term value of our assets through financial controls and monitoring of our financial performance including revenue creation, expense management, and labor reviews. Investigate and critique variances to budget or to prior year and offer practical improvement ideas.Effectively manage and communicate cash flow related issues, which includes the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, timely deposits and other control mechanisms.Ensure portfolio compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all applicable taxes.Monitor portfolio compliance in meeting all required financial reporting deadlines including monthly forecasts, Financial Statements, and Budgets. Implement remediation strategies where needed.Analyze financial data and operations in order to assist and advise operations in maintaining and meeting the hotels’ financial objectives including balance sheet review audits, union liabilities, employee liabilities, and other liabilities that may have a material impact to our hotel owners.Work with your portfolio to implement and audit all internal financial controls (including, but not limited to, purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records) and implement corrective measures to remedy any control gaps. Ensure semi annual self audits of the portfolio are completed.Embrace a continuous growth environment by actively training, recruiting, reviewing, recommending and maintaining an inventory of Directors of Finance, Assistant Directors of Finances, Accounting Managers, and other managers for growth within the organization by cultivating the “brightest” and “best” talent within the industry.Must be able to prioritize regional, or hotel, or departmental functions in order to meet all deadlines.Conduct and/or attend and contribute to periodic meetings to maintain favorable working relationship among team members and promote maximum morale, productivity and efficiency (Executive Committee, Sales & Service, Credit, etc.)Monitor the accurate production of the hotel daily operating report.Executes other special projects and responsibilities as assigned. Qualifications A 4-year college degree with an Accounting/Finance concentration and a minimum of 4 years of related progressive experience; or a 2-year college degree and a minimum of 8 years of related progressive experience. Experience as Director of Finance at a large hotel with casino operations in a decentralized accounting structure is required.There will be days when working long hours are required. Experience in supervising six (6) or more employees required.Must be able to convey information and ideas clearly.Must have experience in Oracle ERP and IBM TM1 software (or be comfortable adapting to them quickly). Experience with Blackline, Dayforce and Birchstreet is preferred.Must be able to evaluate and select among alternative courses of action quickly and accurately. Must be effective in handling problems in the workplace, including anticipating, preventing, identifying, and solving problems, as necessary. Must have the ability to assimilate complex information, data, etc., from disparate sources and consider, adjust, or modify to meet the constraints of the need. Must be effective at listening to, understanding, and clarifying the concerns and issues raised by teammates and guests. Must be able to work with and understand financial information and data, and basic arithmetic functions. Must be able to communicate effectively written and verbal in English and Spanish.Highgate Hotels, L.P. is an Equal Opportunity Employer and maintains the policy of recruiting and retaining the best-qualified personnel who demonstrate the ability to perform competently and work well with others. It is the policy of Highgate Hotels to provide equal employment opportunity regardless of race (including traits historically or culturally associated with race, such as hair texture and protective hairstyles), religion (including religious dress and religious grooming), color, age (40 and over), genetic information, disability (mental and physical), medical condition (as defined under state law), national origin (including language use restrictions and possession of a driver’s license issued under section 12801.9 of the California Vehicle Code), ancestry, sex (including gender, gender identity, gender expression), sexual orientation, marital status, familial status, parental status, domestic partner status, citizenship status, pregnancy (including perceived pregnancy, childbirth, lactation, or pregnancy-related conditions), military caregiver status, military status, veteran status, or any other status protected by federal, state, or local law. This policy of nondiscrimination is applied to all aspects of the employment relationship. The Company complies with the Americans with Disabilities Act (ADA) and applicable state and local laws in ensuring equal opportunity and employment for qualified persons with disabilities. We also consider qualified applicants with criminal histories, consistent with legal requirements.
The following link provides more information regarding the Federal laws prohibiting discrimination in employment: EEO is the Law – Notice of Applicant Rights Under the Law.