Vice President Finance - CALA Region

Overview

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. Highgate has an executive team of seasoned hospitality leaders and corporate offices worldwide.

Location Overview:
The Vice President of Finance (VP Finance) provides strategic and operational financial leadership across Highgate’s Caribbean and Latin America (CALA) portfolio. This role partners closely with the SVP of Finance, ownership groups, and senior property leadership to drive profitability, safeguard owner and investor assets, and ensure the integrity, accuracy, and timeliness of financial reporting.

• Prioritize regional, hotel, or departmental functions to meet all deadlines.
• Provide assistance and financial leadership to Directors of Financial Services and management of other locations as directed.
• Supervise the implementation and preparation of cash flow statements and projections across the portfolio of hotels and monitor the cash positions of those hotels; include training on the preparation of cash flow statements.
• Work with ownership groups on cash requirements, ROI initiatives, reporting requirements, and other ownership needs and concerns.
• Monitor regional hotels’ revenues and expenses to ensure accurate recording of information in accordance with Highgate’s guidelines; investigate variances to budget or prior year and offer practical improvement methodologies to management.
• Monitor the capital planning process by assisting management with calculating return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating the scope of work and specifications.
• Ensure hotels’ compliance with all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes; assist in enforcing compliance on these matters.
• Analyze financial data and operations to assist management in maintaining the hotels’ financial objectives.
• Monitor compliance of internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records; partner with Internal Audit and review Financial Statements, ensuring the completion and monitoring of Self-Audits by property teams.
• Assist in recruiting, reviewing, recommending, and maintaining an inventory of Directors of Finance, Assistant Directors of Finance, Accounting Managers, and other managers for the organization.
• Focus on training and development programs for accounting associates to cultivate top talent within the industry.
• Hire, train, supervise and develop staff, including coaching, counseling, and discipline.
• Review, rate, and evaluate the Director of Finance performance and provide regular feedback to Directors of Finance.
• Assist in revising, recognizing, developing, and implementing Accounting Standard Operating Procedures.
• Direct or prepare financial reports in accordance with hotel requirements to meet deadlines and due dates, including budgets and plans.
• Conduct and/or attend periodic meetings to maintain favorable working relationships among employees and promote morale, productivity, and efficiency.
• Monitor hotels’ compliance with report deadlines and react accordingly.
• Participate in company-sponsored recruiting efforts as needed.

• A minimum of 10 years of…