Complex Accounting Manager

Compensation Type: Yearly Highgate Hotels: <p style="margin: 0px;"><span style="font-size: 10.0pt; font-family: 'Arial Nova',sans-serif;">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. <a href="https://nam10.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.highgate.com%2F&data=05%7C02%7Cchristopher.greene%40highgate.com%7C5ba1db61aa2644870bcf08deb103a625%7C3b290724ee0b4b3a88d66a1172257251%7C0%7C0%7C639142826441724766%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=0TCAQBOY4kN%2B%2FdFutYKy8kziiFuFaDqmAs31mroqA%2BY%3D&reserved=0" target="_blank" rel="noopener">www.highgate.com</a></span></p> Location: <p style="margin: 0px;"><img src="https://highgate.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=1005&hashed=-1133743980" alt="Courtyard Boston Cambridge" /></p><p style="margin: 0px;"> </p><p style="margin: 0px;">The newly renovated Courtyard by Marriott, Boston-Cambridge is nestled on the banks of the historic Charles River, home of the Head of the Charles Regatta. With its unique location situated between prestigious Harvard University and M.I.T., the hotel offers 207 newly renovated rooms.  A short walk puts you in Harvard and Central Square, where there are a variety of restaurants and night life to choose from.</p> Overview: <p style="margin: 0in 0in 0pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">The Accounting Manager is responsible for providing consistent leadership in the financial area of the hotel by supplying management with guidance and training. He/she is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.</span></p> Responsibilities: <ul><li><div style="margin: 0px;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Effectively manage and communicate cash flow related issues. This includes the accurate and timely preparation of monthly financial statements for the property: cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds.</span></div></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotels established guidelines. Monitors and controls Hotel’s cash flow and operating forecast.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Creates annual budgets and monthly variance analysis. Investigates and critiques variances to budget or to prior year and offer practical improvement methodologies to management.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Timely reviews and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations. </span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Successful completion of all internal and external financial audits, including coordination of work with CPA firms and delivering information requested by auditors on a timely basis.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Hire, train, supervise and develop staff, including coaching, counseling and discipline.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Maintain compliance with Highgate Hotels’ standards and regulations to ensure safe and efficient operation of the hotel.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Directs or prepares all financial reports in accordance with Highgate Hotels’ requirements, meeting various due dates and deadlines.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Report responsibility - Weekly: A/R & A/P Aging, Flash Reports, Payroll Reports, Revenue Updates</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Report responsibility - Monthly: Financial Statements, Forecasting KeyStatistics Report, Cash Flow</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Report responsibility - Annual: Budgets, 5-Year Plans, 5-Year Capital Plans</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Timely interacts with Executive Committee members to assure that property operations are on track and under control at all times.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Monitor the accurate production of the hotel daily operating report.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Executes other special projects and responsibilities as assigned.</span></li></ul><p style="margin: 0px;"> </p> Qualifications: <ul><li><div style="color: #000000;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">At least 6 years of related progressive experience in hotel Accounting or related field; or a 4-year college degree with an Accounting/ Finance concentration and a minimum of 2 years of related progressive experience; or a 2-year college degree and a minimum of 4 years of related progressive experience.</span></div></li><li><div style="color: #000000; font-family: 'Times New Roman',serif; font-size: 10pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Must be proficient in Windows, Company approved spreadsheets and word processing and in the operation of all hotel-specific systems. </span></div></li><li><div style="color: #000000;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Maintain a warm and friendly demeanor at all times.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Must be able to effectively communicate both verbally and written, with all level of employees and guests in an attentive, friendly, courteous and service oriented manner.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Must be effective at listening to, understanding, and clarifying concerns raised by employees and guests.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Must be able to multitask and prioritize departmental functions to meet deadlines.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Approach all encounters with guests and employees in an attentive, friendly, courteous and service-oriented manner.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Attend all hotel required meetings and trainings.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Participate in M.O.D. coverage as required.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Maintain regular attendance in compliance with Highgate Hotel Standards, as required by scheduling, which will vary according to the needs of the hotel.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Maintain high standards of personal appearance and grooming, which include wearing nametags.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Comply with Highgate Hotel Standards and regulations to encourage safe and efficient hotel operations.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Maximize efforts towards productivity, identify problem areas and assist in implementing solutions.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Must be effective in handling problems, including anticipating, preventing, identifying and solving problems as necessary.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Must be able to maintain confidentiality of information.</span></div></li><li><div style="color: #000000; font-family: 'CG Times',serif; font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Perform other duties as requested by management.</span></div></li></ul><p style="margin: 1em 0px;"> </p>