Financial Analyst

Financial Analyst

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.

The Elser Hotel & Residences is a 49-story luxury condominium hotel located in Downtown Miami. The newly completed tower offers 646 fully furnished rooms/residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space. Named after the iconic Elser Pier, which was built in the 1900s and became the premier place for locals and visitors to enjoy the magical shoreline of Biscayne Bay in downtown Miami, The Elser Hotel & Residences will continue this tradition.

Responsibilities

• Timely conduct analysis of revenues and expenses (variable and fixed overhead). This analysis will include actuals against budget, forecast, and prior year.
• Continually work with European leaders to identify opportunities for cost reductions and savings as compared to budget and most recent forecast.
• Compile and analyze financial reports to search for discrepancies that require senior management's attention. Ensure the discrepancies are discussed with real time improvements put in place, up to and including forecast updates into the monthly forecast
• Continually build useful analysis reports (via use of our system technology) to help the team more quickly analyze and gain efficiencies not present today.
• Ensure forecasting accuracy achieved
• Perform the coordination and point person for the annual budget process, which includes a heavy coordination effort with all departments on the portfolio.
• Proactively analyzes the weekly a/r reports to minimize financial risk to the company. Proactively communicates all A/R issues and developments to management.
• Exercises tact and good judgment in employee communications. Maintains professionalism in dealing with difficult situations.
• Assists with special projects, including audit support as needed.

Qualifications

• At least 4 years in financial forecasting and budgeting in a service based industry Hospitality or F&B industry strongly preferred
• Bachelor's degree in Finance or Accounting preferred
• Experience within Oracle platform (specifically PBCS module within Oracle)
• Must have working knowledge of general accounting principles.
• High degree of accuracy and attention to detail
• Strong organization skills with the ability to prioritize and work independently with minimal supervision
• Outstanding critical thinking and analytical skills
• Strong desire to find value added info in the details
• Exception analytical skills and excel skills
• Must display a positive and proactive attitude; and be able to establish and maintain effective working relationships, often with key senior leadership of the European platform
• Ability to perform in a fast-paced environment and meet deadlines
• Ability to work overtime as necessary to complete assigned duties

Benefits

We are pleased to offer a comprehensive and competitive benefits package designed to support your health, well-being, and financial future.

• Medical insurance, dental insurance, vision insurance, life insurance, short-term and long-term disability insurance401(k) Retirement Plan with employer matching contributions
• Paid holidays
• Paid vacation
• Paid sick leave (provided in accordance with applicable law)
• Employee assistance program (EAP)
• Educational opportunities / Tuition reimbursement
• Paid jury duty leave, personal leave, medical leave, and military leave in accordance with applicable law

For Employees Based in Washington:

• 8 paid holidays per year
• Up to 20 days of paid vacation per year, based on classification and length of service
• Paid Sick & Safe Time accrues at 1 hour for every 30 hours worked, with up to 72 hours of unused time carried over from one anniversary year to the next.

For Employees Based in Colorado:

• 8 paid holidays per year; employees working in the City of Denver receive 64 hours of designated holiday time per calendar year
• Up to 20 days of paid vacation per year, based on classification and length of service
• 6 days or 48 hours of Paid Sick Leave per year, accrued at 1 hour for every 30 hours worked.

For Employees Based in California:

• 8 paid holidays per year
• Up to 20 days of paid vacation per year, based on classification and length of service, capped at 1.5x annual accrual rate; non-supervisory employees working in the City of Los Angeles accrue up to 22 days of Compensated Time Off, based on length of service capped at 192 hours of combined PST and CTO.
• Paid Sick Time accrues at 1 hour for every 30 hours worked, unused time is carried over from one anniversary year to the next up to a maximum of 80 hours; employees working in the City of Los Angeles are provided 40 hours of Paid Sick Time annually on their anniversary, unused time is not carried over from one anniversary year to the next.

Please note that certain benefits described above for associates in Washington, Colorado, and California may vary for associates covered by a Collective Bargaining Agreement ("CBA"). For such associates, eligibility for and the terms and conditions of benefits are governed by the applicable CBA and any applicable plan documents, and may differ from the benefits described above. In the event of any conflict or inconsistency, the terms of the applicable CBA and governing plan documents will control, as applicable.