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Highgate

Hospitality and travel-focused venture capital

Accounting Manager

Financial AccountingPosted on Nov 10
Full-timeHonolulu, HI, USAIn-person

About the Job

Requirements

  • At least 6 years of related progressive experience in hotel accounting or a related field, or a four-year college degree with an Accounting or Finance concentration and at least 2 years of related progressive experience, or a two-year college degree and at least 4 years of related progressive experience.
  • Proficiency in Windows, company-approved spreadsheets and word-processing software, and hotel-specific systems.
  • Effective verbal and written communication with employees and guests at all levels in an attentive, friendly, courteous, and service-oriented manner.
  • Ability to listen to, understand, and clarify concerns raised by employees and guests.
  • Ability to multitask and prioritize departmental functions to meet deadlines.
  • Attend hotel-required meetings and trainings.
  • Participate in Manager on Duty coverage as required.
  • Maintain regular attendance as required by hotel standards and scheduling needs.
  • Maintain high standards of personal appearance and grooming, including wearing nametags.
  • Comply with hotel standards and regulations to encourage safe and efficient hotel operations.
  • Identify problem areas and assist in implementing solutions.
  • Handle problems by anticipating, preventing, identifying, and solving them as necessary.
  • Understand and evaluate complex information and data from various sources to meet objectives.
  • Maintain confidentiality of information.

Responsibilities

  • Provide leadership in the hotel's financial area by supplying management with guidance and training, focusing on profitability, maintaining accurate and timely financial reporting, ensuring acceptable internal controls and regulatory compliance, and safeguarding owners' and investors' assets.
  • Manage and communicate cash-flow issues, including preparing monthly property financial statements, managing receivables, payables, and cash balances, maintaining control mechanisms, and depositing funds on time.
  • Monitor hotel revenues and expenses and ensure accurate recording according to established guidelines; monitor and control 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 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 hotel financial objectives.
  • Follow standard accounting policies and procedures and internal controls for finance and accounting operations.
  • Review and approve balance sheet accounts promptly, including monthly bank and general-ledger reconciliations.
  • Establish and continually audit internal financial controls for purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
  • Complete internal and external financial audits, coordinate work with CPA firms, and provide requested information to auditors promptly.
  • Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
  • Maintain compliance with hotel standards and regulations to ensure safe and efficient operation.
  • Direct or prepare financial reports in accordance with company requirements and deadlines.
  • Prepare weekly accounts-receivable and accounts-payable aging reports, 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 promptly with Executive Committee members to ensure property operations are on track and under control.
  • Monitor compliance with required report deadlines and due dates and respond accordingly.
  • Monitor accurate production of the hotel's daily operating report.
  • Execute other special projects and responsibilities as assigned.
  • 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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