Director OF Finance

Asst. Director of Finance Location: US-CA-San Diego Compensation: $80,000.00 – $90,000.00 per year Company Overview 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. Overview The Assistant Director of Finance provides consistent leadership in the financial area of the hotel, guiding and training the accounting staff. This role focuses on the profitability of the business, maintains accurate and timely financial reporting, ensures acceptable levels of internal control and compliance with all federal, state, and local regulations, and safeguards owners’ and 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 preparing the Income Journal; identify all variances to budget and last year. Monitor and control hotel operations, cash flow, and operating forecasts for the property. Maintain timely interaction with department heads to assure that property operations are on track and under control at all times. 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 related to receivables, payables, daily cash balances, and timely deposits of all funds. Monitor hotel revenues and expenses, ensuring accurate recording in accordance with Highgate Hotel's established guidelines; investigate and critique variances to budget or prior year and provide improvement recommendations to management. Analyze financial data and operations to assist the Director of Finance and advise department heads in maintaining the hotel’s financial objectives. Hire, train, supervise, develop staff, including coaching, counseling and discipline, under the supervision of the Director of Finance. Prepare any special reports, statements, etc., as requested. Execute other special projects and responsibilities as assigned. Qualifications Bachelor's Degree, preferably in Accounting. Strong PC skills including Excel, Word and financial accounting systems. Strong organizational, analytical, verbal and written communication skills. Willingness to work long hours when required. Hospitality‑related financial management and accounting experience desirable. #J-18808-Ljbffr