Director of Finance
21 Days Old
Company Overview
Highgate Hotels 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.
Location
Located in the exclusive Nob Hill neighborhood in San Francisco, The Huntington is undergoing a complete reimagination. Guests can enjoy fine dining, a three‑level spa, beautiful rooms and suites, and meeting and event spaces in a historic setting. The property is the best location and amenities San Francisco has to offer.
Overview
A Career-Defining Opportunity: The Huntington – San Francisco’s Living Legacy and Urban Estate on Nob Hill. The opening of The Huntington marks the reemergence of a Nob Hill icon, the first luxury hotel debut in San Francisco since 2022 and a defining moment in the city’s renaissance. With renewed investment in culture, dining, and hospitality, San Francisco is actively restoring its place on the global stage. The hotel will stand as San Francisco’s cultural connoisseur, offering gracious accommodations, a signature restaurant, and the city’s most luxurious spa. To join this landmark opening is to take part in a milestone moment: setting the standard for ultra‑luxury hospitality in San Francisco for a new generation. This project is being realized through a partnership between Highgate, a global leader in hospitality management and real‑estate investment, and Flynn Properties, one of San Francisco’s most respected developers.
Responsibilities
- 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.
- 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.
- Creates annual budgets and monthly variance analysis. Investigates and critiques variances to budget or to prior year and offers practical improvement methodologies to management.
- 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.
- Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
- Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations.
- Timely reviews and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations.
- Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
- 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.
- Hire, train, supervise and develop staff, including coaching, counseling and discipline.
- Maintain compliance with Highgate Hotels’ standards and regulations to ensure safe and efficient operation of the hotel.
- Directs or prepares all financial reports in accordance with Highgate Hotels’ requirements, meeting various due dates and deadlines. Deliverables include:
- Weekly: A/R & A/P Aging, Flash Reports, Payroll Reports, Revenue Updates
- Monthly: Financial Statements, Forecasting Key Statistics Report, Cash Flow
- Annual: Budgets, 5‑Year Plans, 5‑Year Capital Plans
- Timely interacts with Executive Committee members to assure that property operations are on track and under control at all times.
- Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly.
- Monitor the accurate production of the hotel daily operating report.
- Executes other special projects and responsibilities as assigned.
Qualifications
- At least 5 or more years of Hospitality Finance/Accounting experience.
- Prior Controller or Director of Finance experience, preferably at a premium‑branded Hotel.
- Excellent verbal and written communication skills.
- Bachelor’s degree required preferably in Finance or Accounting.
- Must supervise 2 or more employees.
- Must be proficient in Windows, company‑approved spreadsheets and word processing, and in the operation of all hotel‑specific systems.
Seniority level
- Director
Employment type
- Full‑time
Job function
- Finance and Sales
Industries
- Hospitality
- Location:
- San Francisco
- Salary:
- $250,000 +
- Category:
- Finance
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