Senior Controller - Shared Services

Compensation Type:
Yearly Highgate Hotels:
Highgate is a leading real estate investment and hospitality management company with over $15 billion of assets under management and a global portfolio of more than 400 hotels spanning North America, Europe, the Caribbean, and Latin America. With a 30-year track record as an innovator in the hospitality industry, this forward-thinking company provides expert guidance through all stages of the property cycle, from planning and development through recapitalization or disposition.

Highgate continues to demonstrate success in developing a diverse portfolio of bespoke lifestyle hotel brands, legacy brands, and independent hotels and resorts, featuring contemporary programming and digital acumen. The company utilizes industry-leading revenue management tools that efficiently identify and predict evolving market dynamics to drive out performance and maximize asset value. With an executive team of seasoned hospitality leaders and corporate offices worldwide, Highgate is a trusted partner for top ownership groups and major hotel brands.

Location:

Highgate Corporate Offices Irving, TX Overview:
The Senior Controller - Shared Services is the senior financial and accounting person for overseeing multiple support departments responsible for services provided in the accurate and timely completion of monthly financial statements. The position is responsible for all aspects of fiscal management, leadership, financial control, and accounting for these departments. The Senior Controller - Shared Service responsibilities include, but are not limited to, timely, responsive, and accurate completion of the following duties:
Operating Procedures; and safeguarding owners/investors’ assets.  Responsibilities:
Approach all encounters with guests and teammates in an attentive, friendly, courteous, and service-oriented manner.

Always comply with Highgate Hotels’ standards and regulations to encourage safe and efficient hotel operations. Maximize efforts towards productivity, identify problem areas, and assist in finding and implementing their solutions. Oversee the timely and accurate posting of revenue on daily basis for all hotels in the Select Service portfolio.

Assist in the completion of the month end close process and balance sheet reconciliations in accordance with GAAP. Assist and monitor portfolio cash balances, cash forecasts, cash requirements and payables for all hotels within the Select Service portfolio.

Oversee the timely and accurate reconciliation of all hotel bank accounts on a daily, weekly, and monthly basis, ensuring discrepancies are identified, investigated, and resolved within established deadlines. Partner with the payroll department and HR to establish clear communication protocols that support proactive identification of payroll discrepancies before they impact bank reconciliation close timelines

Establish and enforce standardized reconciliation procedures to maintain internal controls and minimize financial exposure across all property accounts

Oversee the calculation and posting of multiple global journal entries in accordance with GAAP and company accounting policies.

Serve as the primary escalation point for complex accounting issues, disputes, or operational challenges arising within the four disciplines.

Oversee the centralized Accounts Receivable function, ensuring accurate and timely billing, collections, and application of payments for all hotel accounts including corporate, group, and travel agency billings

Maintain a current working knowledge of each brand's fee structure — including but not limited to royalty fees, loyalty program assessments, sales and marketing contributions, and technology/system charges — to ensure proper GL account assignment and financial statement presentation

Oversee daily operations of the Hotel Shared Services Accounting function including supervision of the Corporate Accounting Team. Hire, develop, retain, and direct high-performing team members. Manage and train staff (remote and in-office) to achieve efficient and effective service delivery. Design and implement accounting procedures for an expedited monthly close and…