Job Description

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.

Highgate Corporate Offices Irving, TX

The Corporate Accounting Manager reports to the Corporate Controller and is responsible for preparing the financial information for assigned entities under the direction and review by the Corporate Controller. The position is responsible for assisting the Corporate Controller in all aspects of Accounts Payable, financial control, accounting and financial reporting for the corporate entities. The Corporate Accounting Manager’s responsibilities include, but are not limited to, timely, responsive and accurate completion of the following duties.

• Manage projects driving efficiencies within the Corporate Accounting function.
• Provide support in monthly P&L review across multiple domestic and international entities, explaining variances to budget and prior period actuals. Record accruals as needed.
• Manage Accounts Payable ensuring that payables are processed accurately and by the deadlines. Ensure accuracy of the payables subledger, and complete monthly subledger to general ledger reconciliations. Manage supplier setup process.
• Assist in the monthly search for unrecorded liabilities and record accruals as necessary.
• Assist with allocation of shared expenses and hotel / HCI related costs.
• Assist with the consolidation of domestic and international financials.
• Posting certain entity monthly journal entries as necessary. Also reviewing journal entries posted by the staff accountant.
• Assist the Corporate Controller with the monitoring of consolidated operations, cash flow and operating forecasts of assigned entities.
• Oversight of the processing of certain disbursements as performed by the staff person.
• Involvement with insurance and rent administration of assigned entities.
• Preparation of prepaid amortization schedules and amortization entries.
• Assist with the successful completion of internal and external financial audits, including assistance with the coordination of work with external CPA firms.
• Provide support in the preparation of the daily / weekly cash flow forecast preparation.
• Oversee and direct the activities of 1 staff accountant, 1 senior AP associate, and the outsourced corporate accounts payable team located in India.
• Prepare quarterly MD&A report for lenders.
• Preparation of any special reports, statements, etc., as requested.
• Other special projects and responsibilities as assigned.

• Three to five years of related financial management, financial reporting and accounting experience. Hotel experience is a plus, but corporate level financial accounting experience is preferred. Such experience can be supplemented with public accounting audit experience.
• Bachelors Degree in Accounting required.
• Masters Degree in Accounting preferred.
• Public accounting audit experience preferred.
• CPA license preferred.
• Strong PC skills including Excel and financial accounting systems such as Oracle.
• Strong organizational, analytical, verbal and written communication skills.
• Strong desire to adhere to U.S. GAAP financial accounting and reporting standards.

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