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Highgate

Hospitality and travel-focused venture capital

Accounting Manager

Financial AccountingPosted on Nov 10
Full-timeSan Francisco, CA, USA$80k - $85k /yrIn-person

About the Job

Requirements

  • At least 6 years of related progressive experience in hotel accounting or a related field; alternatively, a four-year college degree with an Accounting or Finance concentration and at least 2 years of related progressive experience; alternatively, a two-year college degree and at least 4 years of related progressive experience.
  • Proficiency in Windows, company-approved spreadsheets and word processing, and the operation of all hotel-specific systems.
  • Effectively communicate verbally and in writing with employees and guests at all levels in an attentive, friendly, courteous, and service-oriented manner.
  • Listen to, understand, and clarify concerns raised by employees and guests.
  • Multitask and prioritize departmental functions to meet deadlines.
  • Attend all hotel-required meetings and trainings.
  • Participate in manager-on-duty coverage as required.
  • Maintain regular attendance according to scheduling and hotel standards.
  • Maintain high standards of personal appearance and grooming, including wearing nametags.
  • Comply with Highgate Hotel standards and regulations to encourage safe and efficient hotel operations.
  • Maximize productivity, identify problem areas, and assist in implementing solutions.
  • Handle problems effectively, including anticipating, preventing, identifying, and solving them as necessary.
  • Understand and evaluate complex information and data from various sources to meet appropriate objectives.
  • Maintain confidentiality of information.

Responsibilities

  • Manage and communicate cash-flow-related issues, including timely and accurate preparation of monthly property financial statements, cash-flow statements, management of receivables and payables, cash balances, control mechanisms, and deposits of funds.
  • Monitor hotel revenues and expenses and ensure accurate recording under Highgate Hotels' guidelines; monitor and control hotel cash flow and operating forecasts.
  • Create annual budgets and monthly variance analyses; investigate variances against budget or prior year and offer practical improvement methods to management.
  • Ensure hotel compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management in enforcing compliance.
  • Analyze financial data and operations to assist and advise management in maintaining the hotels' financial objectives.
  • Comply with standard accounting policies and procedures and internal controls for finance and accounting operations.
  • Review and approve balance sheet accounts in a timely manner, including monthly bank and general-ledger account reconciliations.
  • Establish and continually audit internal financial controls covering purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
  • Ensure successful completion of internal and external financial audits, coordinate work with CPA firms, and deliver requested information to auditors on time.
  • Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
  • Maintain compliance with Highgate Hotels' standards and regulations for safe and efficient hotel operations.
  • Direct or prepare financial reports according to Highgate Hotels' requirements and deadlines.
  • Prepare weekly accounts-receivable and accounts-payable aging, flash reports, payroll reports, and revenue updates.
  • Prepare monthly financial statements, forecasting key statistics reports, and cash-flow reports.
  • Prepare annual budgets, five-year plans, and five-year capital plans.
  • Interact with Executive Committee members in a timely manner to ensure property operations are on track and under control.
  • Monitor hotel compliance with required report deadlines and due dates and respond accordingly.
  • Monitor accurate production of the hotel's daily operating report.
  • Execute other assigned special projects and responsibilities.
  • Perform other duties as requested by management.

About the Company

Highgate

Hospitality and travel-focused venture capital

HTV is the venture capital arm of Highgate, funding early-stage and growth-stage technology companies that serve the hospitality and travel industries, with a focus on Seed and Series A rounds in North America and Europe. It backs startups in areas like revenue management, B2B marketplaces, business intelligence, alternative accommodations, and restaurant tech, providing capital and strategic support to help them scale. HTV stands out by combining hospitality domain expertise with venture funding, leveraging Highgate’s asset base of over 500 owned or managed hotels, 84,000+ rooms, and more than $20 billion in assets under management to accelerate portfolio growth. Its goal is to grow tech-enabled hospitality and travel ecosystems by aligning portfolio company success with Highgate’s network, resources, and strategic interests.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
New York City, New York
Founded
Not listed

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