Corporate Hotel Controller

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. www.highgate.com

Location

 

Highgate Corporate Offices Irving, TX

Overview

The Controller is the senior accounting position for each hotel for which he/she has responsibility.  The position is responsible for all aspects of financial management, compliance with established processes, and timely and accurate financial statements.  The Corporate Hotel Controller responsibilities include, but are not limited to, timely, responsive, and accurate completion of the following:

Responsibilities

• Timely review and issuance of monthly financial statements for assigned hotel properties
• Prepare and assist the Operations Team with the annual operating and Capital budgets, complete with support of underlying assumptions
• Prepare and assist the Operations Team with the monthly financial forecasts
• Review and approval of monthly balance sheet reconciliations
• Supervision, training, and mentoring of direct reports
• Review and approval of cash disbursements for assigned hotel properties as necessary
• Lead and manage the monthly financial statement call with the VP of Operations
• Analyze and present monthly financial performance against established KPIs
• Assistance in the establishment, documentation and maintenance of Standard Accounting Policies and Procedures and internal controls
• Assistance in the completion of internal and external financial audits, including coordination of work with CPA firms and delivering information requested by auditors on a timely basis.
• Compliance with 11th Edition of USALI or later version as applicable
• Preparation of any special reports, statements, etc., as requested
• Other special projects and responsibilities as assigned

 

Qualifications

• Five (5) years of hospitality-related financial management and accounting experience at both the property level and corporate supervisory level
• Bachelor’s Degree in accounting or other business equivalent required
• Hotel management company experience preferred
• Understanding of the Uniform System of Accounts for the Lodging Industry (11th Edition)
• CHAE certification preferred
• Strong PC skills, including Excel, Word, and financial accounting systems
• Strong organizational, analytical, verbal, and written communication skills
• Ability to work weekends and holidays as necessary to complete assigned tasks