Accounting Manager

Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu. Highgate also has an expanding presence in key European markets through properties in London, Paris, Barcelona, Vienna and Prague. Highgate's portfolio of global properties represents an aggregate asset value exceeding $10B and generates over $2B in cumulative revenues. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition. Highgate also has the creativity and bandwidth to develop bespoke hotel brands and utilizes industry leading proprietary revenue management tools that identify and predict evolving market dynamics to drive out performance and maximize asset value. With an executive team consisting of some of the industry's most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in London, New York, Dallas, and Seattle.

Park Lane New York, situated on Billionaires' Row - home to the world's most coveted addresses on
Central Park South - has been completely reimagined as a departure from its neighbors and serves as a
unique and inclusive retreat within walking distance of the city's cultural hubs including Lincoln Center,
Carnegie Hall, 5th Avenue shopping, and the Museum of Modern Art. The 47-story property features 610
rooms - nearly half of which provide sweeping park-facing views - and 11,000 square feet of reimagined
indoor and outdoor event space. A fitness center perched on the fifth floor offers state-of-the-art
equipment and its own separate outdoor terrace. The reimagined hotel features three new food & beverage venues throughout the hotel including an 80-seat lobby bar with an outdoor promenade, an intimate restaurant on the hotel's second floor, and CentralPark South's only rooftop lounge atop the hotel. Perched on the 47th floor, the cocktail bar will treat guests to a one-of-a-kind experience against the backdrop of Manhattan's sprawling skyline and park.

The Accounting Manager is responsible for providing consistent leadership in the financial area of the hotel by supplying management 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.

Job Functions:

Income Audit

Complete import of daily revenue from PMS system reports to the monthly Income Journal.
• Ensure that Guest and City ledgers balance each day.
• Ensure that daily cash deposit balances with General Cashier's daily deposit log.
• Post completed IJ entries to hotel's General Ledger on a daily basis.
• Reconcile all bank transactions to the General Ledger on a daily basis.

Accounts Receivable

Follow up on guest related service and billing issues, posting adjustments, additional charges, and credit card refunds in accordance with Highgate SOP's.

• Reconcile and clear any open G/L accounts, transferring to the City Ledger as needed.
• Contact third party agencies for prepaid credit card details
• Reconcile and clear any open G/L accounts, transferring to the City Ledger as needed.
• Research and respond to chargebacks and credit card inquiries in a timely fashion.

Accounts Payable

• Ensure that Purchase Orders are completed accurately and a timely manner
• Ensure that Department Heads reconcile Purchase Orders, Receiving Documents, and Invoices prior to processing.
• Process AP invoices and issue check payments according to Highgate company standards.
• Ensure 3^rd party restaurant billing reconciles with daily income reports.
• Record any unpaid fixed or expected liabilities, per the Critical Date List and any outstanding Purchase Orders for which goods are received in the current period.
• Maintain logs of all vendor contracts, proof of liability insurance, and W9's, and any additional documentation as deemed necessary by the Director of Finance.
• Update Critical Date List monthly and maintain all approval documentation related to vendor additions.
• Maintain scanned copies of journal entries on a daily basis, as well as during the month end closing process.

Cash

• Retrieve daily cash and check deposits and the accompanying log from back office.
• Reconcile daily cash and check deposits against PMS and POS cash transactions, noting any overages or shortages.
• Process dueback and petty cash requests in accordance with Highgate SOP's.
• Report any large or recurring variances to the Director of Finance and Director of Human Resources as soon as they arise.

• A minimum of 6 years of related progressive experience in hotel Accounting or related field; or a 4-year college degree with an Accounting/ Finance concentration and a minimum of 2 years of related progressive experience; or a 2-year college degree and a minimum of 4 years of related progressive experience.
• Must be proficient in Windows, Company approved spreadsheets and word processing and in the operation of all hotel-specific systems.
• Maintain a warm and friendly demeanor at all times.
• Must be able to effectively communicate both verbally and written, with all level of employees and guests in an attentive, friendly, courteous and service oriented manner.
• Must be effective at listening to, understanding, and clarifying concerns raised by employees and guests.
• Must be able to multitask and prioritize departmental functions to meet deadlines.
• Approach all encounters with guests and employees in an attentive, friendly, courteous and service-oriented manner.
• Attend all hotel required meetings and trainings.
• Participate in M.O.D. coverage as required.
• Maintain regular attendance in compliance with Highgate Hotel Standards, as required by scheduling, which will vary according to the needs of the hotel.
• Maintain high standards of personal appearance and grooming, which include wearing nametags.
• Comply with Highgate Hotel Standards and regulations to encourage safe and efficient hotel operations.
• Maximize efforts towards productivity, identify problem areas and assist in implementing solutions.
• Must be effective in handling problems, including anticipating, preventing, identifying and solving problems as necessary.
• Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives.
• Must be able to maintain confidentiality of information.
• Perform other duties as requested by management.

Salary Range: $68K - $73K annually