KM
Posted 3 days ago
Director of Finance
Kimpton Miralina Resort
📍 Paradise Valley, US
Full-time
Job description
Compensation Type: Yearly Highgate Hotels: <p style="margin: 0px;"><span style="font-size: 10pt; font-family: arial, helvetica, sans-serif;">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. <span style="color: blue;">www.highgate.com</span>.</span></p> Location: <p style="margin: 0px;"><img src="https://highgate.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=805719&hashed=-673876426" alt="kimpton-miralina-resort-and-villas" /></p><p style="margin: 0px;"> </p><p style="margin: 0px;"><span style="font-family: arial, helvetica, sans-serif; font-size: 10pt;"> An authentic Arizona experience awaits at the </span>Kimpton Miralina Resort<span style="font-family: arial, helvetica, sans-serif; font-size: 10pt;">, where 40 lush acres and 50,000 square feet of flexible event space provide a perfect, palm-lined retreat for family getaways, business meetings and milestone celebrations. Five pools, a full-service salon and day spa, and nearby championship golf set the stage for memorable experiences framed by elegant Spanish Mission-inspired architecture, fragrant gardens filled with desert flowers, and stunning views of Camelback and Mummy Mountain.</span></p> Overview: <p style="margin: 0px;"><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">The Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by 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 Highgate Hotels ‘s Standard Operating Procedures; and safeguarding owners/investors assets. This role will support Kimpton Miralina Resort & Villas.</span></p> Responsibilities: <p style="margin: 0px;"> </p><ul><li><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></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><p style="margin: 0px;"><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, i.e:</span></p></li><ul><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">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;">Monthly: Financial Statements, Forecasting KeyStatistics Report, Cash Flow</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Annual: Budgets, 5-Year Plans, 5-Year Capital Plans</span></li></ul><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> Qualifications: <ul><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">At least 5 or more years of Hospitality Finance/Accounting experience.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Prior Controller or Director of Finance experience, preferably at a premium-branded Hotel.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Excellent verbal and written communication skills.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Bachelor’s degree required preferably in Finance or Accounting.</span></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Must supervise 2 or more employees</span></li><li><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></li><li><span style="font-family: arial,helvetica,sans-serif; font-size: 10pt;">Role will be based at Kimpton Miralina Resort & Villas.</span></li></ul><p style="margin: 0px;"> </p><p style="margin: 0px;"> </p>