Assistant Director of Finance
Requisition ID: 2024-58947
Category: Accounting/Finance
Job Location: US-NV-Las Vegas
Property: Renaissance Las Vegas Hotel
Compensation Type: Yearly
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. Highgate also has an expanding presence in key European markets through properties in London, Paris, Barcelona, Vienna, and Prague. Highgate's portfolio of global properties represents an aggregate asset value exceeding $10B and generates over $2B 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: As the largest smoke-free, non-gaming hotel in Las Vegas, the 548-room Renaissance is a fresh, welcoming alternative for business and leisure travelers. Sleek and stylish, the hotel delivers modern design and sophisticated details throughout their guest rooms, social venues, and the signature restaurant, ENVY Steakhouse. The hotel offers exciting programming including 50-minute fitness classes, Kona Craft Beer, and an in-room amenity upon arrival, all complimentary to the guest.
Overview
The Assistant Controller / Assistant Director of Finance will supervise and coordinate the Accounting Operations in the hotel to ensure accurate, timely, and consistent reporting in accordance with policies and procedures, GAAP, and federal, state, and local laws and regulations. Assist and support the Controller in maintaining control over income, expenses, and the assets and liabilities of the hotel. Position is responsible for the daily operation of Payroll, Accounts Receivable, Accounts Payable, Income Journal, General Cashiering, Taxes, and internal controls. May recommend and implement operational changes.
Responsibilities
- Supervise the Payroll, Accounts Payable, Accounts Receivable, Cashier, and Night Audit employees; interview, recommend hiring, train, develop, empower, schedule, coach and counsel, recommend and conduct performance and salary reviews, resolve problems, provide open communications and recommend discipline and termination, as appropriate.
- Supervise the daily accounting operations ensuring compliance with the SOPs and LSOPs, GAAP, and all federal, state, and local laws and regulations.
- Analyze and reconcile all general ledger accounts and bank statements to ensure financial information is available and accurate.
- Prepare financial statements and reports to ensure accurate, timely information is available for management.
- Assist in the compilation and preparation of the annual budget, forecasts, taxes, and other financial reports to provide support thus ensuring accurate, timely information is available for management and owners.
- Train, monitor, and coordinate the implementation and maintenance of financial and cash controls and information flow throughout the other departments in the hotel to ensure compliance, accurate records, and minimize liabilities, losses, and expenses.
- Resolve problems and ensure maintenance of the accounting systems and equipment to ensure smooth operations.
- Analyze and be familiar with tenants, leases, and rent reports and ensure hotel is in compliance with hotel leases and management contracts.
- Assumes the responsibilities of the Controller in his/her absence.
Qualifications
- 2 - 4 years of hotel accounting experience.
- Bachelor's degree in Accounting or Finance.
- Requires knowledge of all the functions performed by the subordinate reporting directly or indirectly to the Hotel Controller.
- Requires advanced knowledge of the accounting, finance, and hospitality professions. Requires experiential knowledge for management of people and complex problems.
- Requires ability to analyze activities or information involving some original data manipulation or interpretation to arrive at a logical conclusion.
- Requires the ability to make decisions guided by established policies and procedures.
- Requires the ability to communicate so as to provide information and services, supervisory skills.
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