Staff Accountant

Courtyard Waikiki Beach
US - Hawaii - /Hawaii/US
June 28, 2024
Accounting

Compensation Type:
Yearly Highgate Hotels:

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, with a rapidly expanding presence in Europe, Latin America, and the Caribbean.
Highgate's portfolio of global properties represents an aggregate asset value exceeding $20B and generates over $5B 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.

Location:

Only steps from white sand beaches and world-class shopping, the Courtyard by Marriott Waikiki Beach hotel in Honolulu offers rest and relaxation from your day's island adventures.
Relax in the comfort of 403 newly renovated guest rooms and suites, each with modern amenities and some with balconies.
Courtyard by Marriott Waikiki Beach has a convenient location in Waikiki, within walking distance signature restaurants and exciting nightlife.

Courtyard Waikiki Beach

400 Royal Hawaiian Ave

Honolulu, HI 96815

Overview:

The Staff Accountant is responsible for providing consistent leadership in the financial area of the hotel.
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:

Fundanmental Requiremenets

Effectively manage and communicate cash flow related issues.
This includes the accurate and timely preparation of 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 Hotel's established guidelines.
Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications.
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.
Ensure that all balance sheet accounts, including bank reconciliation's are reconciled on a timely basis.
Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
Continually focus on training and development programs for the Accounting associates to cultivate the 'brightest' and 'best' talent within the industry.
Ensure implementation and completion of all Accounting Key Competencies, both management and hourly.
Maintain compliance with Highgate Hotel' standards and regulations to ensure safe and efficient operation of the hotel.
Directs or prepares all financial reports in accordance with Highgate Hotel's requirements meeting various due dates and deadlines, i.e.,
- 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
Conduct and/or attend and contribute to periodic meetings to maintain favorable working relationships among employees and promote maximum morale, productivity, and efficiency.
Executive Committee Sales and Service Financial Review Departmental
Budget & Forecast Credit & Collection Highgate Hotel Business Review
- Monitor hotels' compliance in meeting required report deadlines and due dates and react accordingly.
Monitor the accurate production of the hotel daily operating report.

Qualifications:

Education & Experience:

Read the full job description and apply online on the recuiter's web-site

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