Complex Asst. Director of FinanceAlohilani Resort Waikiki BeachHonolulu, HI
A property of: Highgate Hotels
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Job Description

Highgate Hotels

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. www.highgate.com .

Location

The all-new, vibrant 'Alohilani Resort Waikiki Beach blends indoor and outdoor luxury to elevate the experience of Oahu resorts. Every space has been envisioned by award-winning design firm, Rockwell Group. Fresh, welcoming and relaxing, it's an oasis of tranquility in the heart of Waikiki.

Experience our spacious, welcoming lobby and captivating 280,000 gallon Oceanarium unique to Honolulu resorts. Coming soon, the destination pool deck with private cabanas will offer a saltwater infinity pool, a shallow-water pool and club for kids, and a pool bar that seamlessly transitions from day to night. With a location steps from Waikiki Beach, it's where Hawaii vacations turn moments into memories.

Our resort is proudly named in honor of Queen Lili'uokalani, the last reigning monarch of the Hawaiian Kingdom. Beloved by her people, she was a music composer, an author and an ardent supporter of her culture. Her spirit is infused into the resort, which shares the same privileged location as her beachside home Ke'alohilani, meaning the royal brightness. Welcome to a fresh perspective on resorts in Waikiki. 'Alohilani Resort Waikiki Beach.

Employment Status

Full-Time

Overview

The Assistant Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by supplying the accounting staff with guidance and training. He/she is also responsible for 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 safeguarding owners/investors assets.

Responsibilities

  • Assist Director of Finance in timely preparation of monthly financial statements for the property
  • Prepare, monitor, and accurately record hotel revenues daily by preparation of the Income Journal. Identify all variances to budget and last year.
  • Monitoring and control of hotel operations cash flow including and not limited to depository and operating cash, restricted cash reserves and escrows and disbursements, as well as preparing operating forecasts for the property
  • Under guidance of Director of Finance maintain timely interaction with Department Heads to assure that property operations are on track and under control at all times
  • Preparation of monthly bank reconciliations and general ledger account reconciliations for the property
  • Supervision of accounting department staff
  • Compliance with Highgate Accounting Policies and Procedures and internal controls for our finance and accounting operations
  • Effectively manage and communicate related issues related to management of receivables, payables, daily cash balances, and timely deposits of all funds.
  • Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotel's established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
  • Analyze financial data and operations in order to assist Director of Finance and advise Department Heads in maintaining the hotels' financial objectives.
  • With supervision of Director of Finance hire, train, supervise and develop staff, including coaching, counseling and discipline.
  • Preparation of any special reports, statements, etc., as requested.
  • Maintaining tenants rent rolls and ensuring tenants are billed in a timely manner
  • Filing monthly and annual general excise and transient taxes.
  • Other special projects and responsibilities as assigned.

Job Requirements

Qualifications

  • Bachelors Degree, preferably in Accounting.
  • Strong PC skills including Excel, Word and financial accounting systems.
  • Strong organizational, analytical, verbal and written communication skills.
  • Long hours and sometimes weekends and holidays are required.
  • Hospitality related financial management and accounting experience desirable.

Job Details

Senior level
Full-time

About this location

class:
Upscale
room Count:
501-1000
location Type:
Resort

Values

Belonging
Greatness
Growth
Innovation
Leadership
Pioneering
Trust
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Alohilani Resort Waikiki Beach
Passionate about hospitality? If so, we strongly encourage you to
consider an exciting and rewarding career with Highgate Hotels. When
joining the Highgate family, you become so much more thashow more
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Address2490 Kalakaua Avenue, Honolulu, HI, 96815 View map
Property typeHotel 
classUpscale 
room Count501-1000 
location TypeResort 

Culture (3)

Aga Khan FoundationThe Aga Khan Foundation brings together human, financial and technical resources to address some of the challenges faced by the poorest and most marginalized communities in the world. Special emphasis is placed on investing in human potential, expanding opportunity and improving the overall quality of life, especially for women and girls.
Save the ChildrenSave the Children believes every child deserves a future. In the United States and around the world, we give children a healthy start in life, the opportunity to learn and protection from harm. We do whatever it takes for children – every day and in times of crisis – transforming their lives and the future we share.
Sustainability EffortsHighgate and its portfolio of properties are committed to incorporating environmentally friendly initiatives into our day-to-day activities. As part of our continued sustainability efforts we are proud to support Clean the World® in promoting waste reduction programs through the recycling of soap and bottled bath amenities — helping to protect the environment, preserve natural resources, and reduce costs.
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