Assistant Director of Finance

Compensation Type Yearly Highgate Hotels 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. Location The Manhattan at Times Square is a convenient hotel with best Times Square location directly on Seventh Avenue in the heart of Midtown. This comfortable hotel is walking distance to the best Manhattan has to offer and is only steps from Broadway theaters, Times Square, Central Park, Rockefeller Center, Radio City Music Hall and much more. The Manhattan at Times Square has 659 oversized guestrooms. For guests seeking an upgraded experience, the hotel has unveiled their Executive Class accommodations; located on the 18th floor, these brand-new guestrooms feature ultra-modern amenities, plush bedding and marble baths. Overview The Assistant Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by supplying the accounting staff with guidance and training. He/she is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets. Responsibilities Assist Director of Finance in timely preparation of monthly financial statements for the property Prepare, monitor, and accurately record hotel revenues daily by preparation of the Income Journal. Identify all variances to budget and last year. Monitoring and control of hotel operations, cash flow and operating forecasts for the property Under guidance of Director of Finance maintain timely interaction with Department Heads to assure that property operations are on track and under control at all times Preparation of monthly bank reconciliations and general ledger account reconciliations for the property Supervision of accounting department staff Compliance with Highgate Accounting Policies and Procedures and internal controls for our finance and accounting operations Effectively manage and communicate related issues related to management of receivables, payables, daily cash balances, and timely deposits of all funds. Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotel’s established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management. Analyze financial data and operations in order to assist Director of Finance and advise Department Heads in maintaining the hotels’ financial objectives. With supervision of Director of Finance hire, train, supervise and develop staff, including coaching, counseling and discipline. Preparation of any special reports, statements, etc., as requested. Other special projects and responsibilities as assigned. Qualifications Bachelors Degree, preferably in Accounting. Strong PC skills including Excel, Word and financial accounting systems. Strong organizational, analytical, verbal and written communication skills. Long hours and sometimes required. Hospitality related financial management and accounting experience desirable. Benefits Highgate offers the following benefits package for this position: 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 (provided in accordance with applicable law) Employee assistance program (EAP) Tuition reimbursement Paid jury duty leave, personal leave, medical leave, and military leave in accordance with applicable law Posting Date This job opening was posted on October 22, 2026 and will remain open for at least 75 days. #J-18808-Ljbffr Manhattan at Times Square