Director Of Finance
Posted on July 30, 2025 by Knickerbocker
- West New York, United States of America
- $160000.0 - $170000.0
- Full Time
Compensation Type: Yearly Highgate Hotels:
Edging the bright lights of Broadway and the calm of Bryant Park, The Knickerbocker is a legendary New York landmark reborn as the first luxury hotel in Times Square. Filled with fabled legends, The Knickerbocker once played host to legendary political bigwigs, actresses, oil tycoons and sports figures—and it’s rumored the martini was invented here in the hotel. While historic details like the hotel’s gorgeous Beaux-Arts facade remain unchanged, a soothing new luxury aesthetic is offered within. The stunning transformation of this treasured Manhattan monument invites discerning travelers to discover 300 luxe guestrooms and suites boasting incredible views and bespoke furnishings. An air of posh authenticity embraces New York City’s premier luxury lifestyle hotel.
Overview:
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:Edging the bright lights of Broadway and the calm of Bryant Park, The Knickerbocker is a legendary New York landmark reborn as the first luxury hotel in Times Square. Filled with fabled legends, The Knickerbocker once played host to legendary political bigwigs, actresses, oil tycoons and sports figures—and it’s rumored the martini was invented here in the hotel. While historic details like the hotel’s gorgeous Beaux-Arts facade remain unchanged, a soothing new luxury aesthetic is offered within. The stunning transformation of this treasured Manhattan monument invites discerning travelers to discover 300 luxe guestrooms and suites boasting incredible views and bespoke furnishings. An air of posh authenticity embraces New York City’s premier luxury lifestyle hotel.
The Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by 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 Highgate Hotels ‘s Standard Operating Procedures; and safeguarding owners/investors assets.
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 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 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, i.e:
- Weekly: A/R & A/P Aging, Flash Reports, Payroll Reports, Revenue Updates
- Monthly: Financial Statements, Forecasting KeyStatistics 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.
- 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.
Advertised until:
Aug. 29, 2025
Are you Qualified for this Role?
Click Here to Tailor Your Resume to Match this Job
Share with Friends!
Similar Internships
Director of Finance
The City of Franklin is seeking a highly skilled and experienced Director of Finance to lead our fi…
Assistant Director of Finance - The Rome EDITION
Additional Information Job Number25121353 Job CategoryFinance & Accounting LocationThe Rome EDI…
Director of Finance
Job Posting Title Director of Finance Agency 455 OK MEDICAL MARIJUANA AUTHORITY Supervisory Organiz…
Corporate Director of Finance
This is a full-time, on-site role for a Corporate Financial Dierctor of Finance located in Aventura…
Director of Finance - Hilton Mayo Clinic, Jacksonville, FL *** BRAND NEW HOTEL**
We are recruiting for a Director of Finance who has a background in a full-service hotel environmen…
Director of Finance
Position Characteristics: The Director of Finance is responsible for directing the financial functi…
Recent Internships
Get Email Updates!
