Complex Accounting Manager- Renaissance Las Vegas
Location: Las Vegas
Posted on: September 16, 2023
Compensation Type Yearly
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.
As the largest smoke-free, non-gaming hotel in Las Vegas, the
548-room Renaissance is a fresh, welcoming alternative for business
and leisure travelers. Sleek and stylish, the hotel delivers modern
design and sophisticated details throughout their guest rooms,
social venues and the signature restaurant, ENVY Steakhouse. The
hotel offers exciting programming including50-minute fitness
classes, Kona Craft Beer, and an in-room amenity upon arrival, all
complimentary to the guest.
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
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
Creates annual budgets and monthly variance analysis. Investigates
and critiques variances to budget or to prior year and offer
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
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
Report responsibility - Weekly: A/R & A/P Aging, Flash Reports,
Payroll Reports, Revenue Updates
Report responsibility - Monthly: Financial Statements, Forecasting
KeyStatistics Report, Cash Flow
Report responsibility - Annual: Budgets, 5-Year Plans, 5-Year
Timely interacts with Executive Committee members to assure that
property operations are on track and under control at all
Monitor hotels' compliance in meeting required report deadlines and
due dates and react accordingly.
Monitor the accurate production of the hotel daily operating
Executes other special projects and responsibilities as
At least 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
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
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.
Keywords: Highgate, Las Vegas , Complex Accounting Manager- Renaissance Las Vegas, Accounting, Auditing , Las Vegas, Nevada
Didn't find what you're looking for? Search again!