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Highgate

Hospitality and travel-focused venture capital

Area Director of Finance

Corporate Finance & FP&AUpdated on Nov 10
Full-timeNew York, NY, USA$215k - $225k /yrIn-person

About the Job

Requirements

  • At least 5 years of hospitality finance or accounting experience.
  • Prior Controller or Director of Finance experience, preferably at a premium-branded hotel.
  • Experience overseeing multiple hotels at one time.
  • A bachelor's degree is required, preferably in Finance or Accounting.
  • Must supervise 2 or more employees.
  • Must be proficient in Windows, company-approved spreadsheets and word-processing software, and the operation of hotel-specific systems.

Responsibilities

  • Effectively manage and communicate cash flow-related issues, including preparing accurate and timely monthly property financial statements, cash flow statements, managing receivables, payables, and cash balances, maintaining control mechanisms, and making timely deposits of all funds.
  • Monitor hotel revenues and expenses, ensure accurate recording under established guidelines, and monitor and control hotel cash flow and operating forecasts.
  • Create annual budgets and monthly variance analyses; investigate and critique variances to budget or prior year and offer practical improvement methodologies 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 company standards and regulations to ensure safe and efficient hotel operations.
  • Direct or prepare financial reports in accordance with company requirements and deadlines, including weekly A/R and A/P aging, flash reports, payroll reports, and revenue updates; monthly financial statements, forecasting key statistics reports, and cash flow; and 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 report deadlines and due dates and react accordingly.
  • Monitor the accurate production of the hotel daily operating report.
  • Execute other special projects and responsibilities as assigned.

Desired Qualifications

  • Prior Controller or Director of Finance experience at a premium-branded hotel is preferred.

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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