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Transitions Controller

Company: Highgate Hotels L.P.
Location: New York
Posted on: September 25, 2022

Job Description:

Should you require assistance with applying online please visit Application FAQs . Highgate is a leading real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in major U.S. gateway cities including New York, Boston, Miami, San Francisco and Honolulu, with a growing Caribbean and Latin America footprint. The hospitality forward company provides expert guidance through all stages of the property cycle, from planning and development through recapitalization or disposition. Highgate has a proven record of developing its diverse portfolio of bespoke lifestyle hotel brands, legacy brands, and independent hotels and resorts with 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 consisting of some of the most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in New York, Chicago, Dallas, London, Miami, and Seattle. . LocationHighgate Corporate Office New York City, NYOverview The Transitions Controller takes the lead and ensures the timely, responsive, accurate and complete execution of the Accounting Transitions Checklist on an assigned project. This position works efficiently and in partnership with other discipline's transition leaders to achieve overall Transition goals. The responsibilities of a Transitions Controller include, but are not limited to, the following duties. Responsibilities

  • The implementation of all required systems in the Accounting Platform
  • Initiate the creation and setup of Business Units in the Accounting System
  • Process the mapping, loading and validation of historical data, to include General Ledger Trail Balance, Budgets and/or Forecasts
  • Coordinate the set up and implementation of the procurement system, as well as the beverage/alcohol service program
  • Coordinate 3 rd party accounting service provider and/or shared service center, as needed
  • Ensure users are properly set up in the general ledger, accounts payable, inter-company and financial reporting
  • Efficient training of hotel accounting staff to accomplish all necessary tasks
  • The understanding and generation of the Income Journal, Routing Packs and Daily Reports
  • Plan and execute with the DOF and team the hotel's initial Month-End Closing process
  • Preparation of financial statements for review, approval, and distribution (Internal)
  • Compliance to financial reporting requirements (External) per the Hotel Management Agreement
  • Set up and work with the DOF in the preparation, review and approval of monthly bank reconciliations and general ledger account reconciliations for the property
  • Set up the procedures for the efficient completion of required Forecasts (weekly/semi-monthly/monthly)
  • Ensure that the various areas under the responsibility of the DOF are operating effectively and efficiently
  • Compliance with Standard Accounting Policies and Procedures and Internal Controls for accounting and finance operations
  • Perform the functions of a Travelling Controller or Task Force Director of Finance in between Transition assignment
  • Other special projects and responsibilities as assigned Qualifications
    • Five + years of Hospitality Accounting experience
    • Bachelor's degree required, preferably in accounting
    • Knowledge of Hotel PMS systems (Opera, OnQ, Fossee, Lightspeed/Galaxy, etc.) and POS systems
    • Prior experience and knowledge of Oracle preferred
    • Strong PC skills including Microsoft Word and Excel, and other related accounting and finance applications
    • Extremely organizational with excellent analytical, verbal, and written communication skills.
    • Ability to work overtime as necessary to complete assigned duties Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Highgate Hotels, L.P. is an Equal Opportunity Employer and maintains the policy of recruiting and retaining the best-qualified personnel who demonstrate the ability to perform competently and work well with others. It is the policy of Highgate Hotels to provide equal employment opportunity regardless of race (including traits historically or culturally associated with race, such as hair texture and protective hairstyles), religion (including religious dress and religious grooming), color, age (40 and over), genetic information, disability (mental and physical), medical condition (as defined under state law), national origin (including language use restrictions and possession of a driver's license issued under section 12801.9 of the California Vehicle Code), ancestry, sex (including gender, gender identity, gender expression), sexual orientation, marital status, familial status, parental status, domestic partner status, citizenship status, pregnancy (including perceived pregnancy, childbirth, lactation, or pregnancy-related conditions), military caregiver status, military status, veteran status, or any other status protected by federal, state, or local law. This policy of nondiscrimination is applied to all aspects of the employment relationship. The Company complies with the Americans with Disabilities Act (ADA) and applicable state and local laws in ensuring equal opportunity and employment for qualified persons with disabilities. We also consider qualified applicants with criminal histories, consistent with legal requirements.

      The following link provides more information regarding the Federal laws prohibiting discrimination in employment: EEO is the Law - Notice of Applicant Rights Under the Law .

Keywords: Highgate Hotels L.P., New York , Transitions Controller, Accounting, Auditing , New York, New York

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