Head of Finance

Director of Finance – Paramount Times Square - A Generator Hotel

Strategic finance leader and business partner to the General Manager, with a dotted-line reporting relationship to the Group VP Finance, responsible for all accounting, reporting, cash management, capital expenditure oversight, financial controls and owner reporting for a large, unionized, full-service New York City hotel.

Generator is redefining social hospitality. Born in London, we’ve grown into a global brand with culturally connected spaces across Europe and beyond. Recognized as one of Fast Company’s Top 50 Most Innovative Companies globally, we continue to challenge convention, evolve constantly, and raise the bar within our industry.

Backed by Brookfield, we are entering an exciting new phase of growth, with the scale and stability to strengthen our global position. At our core, we create safe, vibrant, and seriously social spaces inspired by the cities we call home - all driven by one simple mission: BE YOURSELF.

Paramount Hotel is a New York City landmark located just steps from Times Square. Constructed in the French Renaissance style by Thomas W. Lamb in 1927, the building reflects the theatrical character of its neighborhood. The bustle of the street disappears as you step inside - with its two-story lobby, reflective fireplace, dramatic lighting, and rich textures, it sets the stage for a hip, indulgent experience.

Recently updated but retaining its historical charm, the Paramount Hotel is standing out – as the only hotel near Broadway NYC with genuine personality.

• Lead daily accounting operations in accordance with US GAAP, Unified System of Accounts for the Lodging Industry, and company policies and procedures.
• Own month‑end close, financial statements, forecasting, budgeting and variance analysis.
• Provide strong financial and operational analysis to support business decisions.
• Manage weekly cash flow forecasting, liquidity planning, statutory obligations, owner funding requests and vendor payment prioritization.
• Oversee all Cap Ex accounting, FF&E reserve draws, project tracking and owner/lender reporting.
• Develop productive relationships with ownership, lenders, asset managers and corporate leadership.
• Maintain strong knowledge of New York State and New York City taxes including occupancy, sales and payroll taxes.
• Perform and review balance sheet reconciliations.
• Lead AP, AR, payroll accounting, income audit, banking and internal controls.
• Mentor and develop two staff accountants.
• Partner with Engineering on asset preservation, Cap Ex planning and long‑term investment strategy.
• Support building compliance initiatives including Jack Jaffa, FDNY/DOB requirements and Local Laws (LL11, LL84, LL87 and LL97).
• Coordinate audits, insurance requests, lender reporting and regulatory compliance.
• Ensure all owner and lender reporting is delivered in accordance with the Hotel Management Agreement.
• Act as an authorized signatory on hotel bank accounts in accordance with the Management Agreement.
• Provide payroll reconciliation oversight and partner with the third‑party paymaster and HR Director.
• Partner with Revenue Management and Operations to improve ADR, RevPAR, Occupancy, GOP and Flow‑Through.
• Lead labor productivity, scheduling efficiency and union labor analysis.
• Act as a strategic business partner through financial insight and scenario modelling.
• Collaborate across Revenue, Sales, Operations and Engineering to improve margins and operational efficiency.

• Bachelor's degree in Accounting or Finance.
• 5+ years hotel finance leadership at a comparable full‑service hotel (c.$40m+ revenue), preferably unionized NYC/NYHTC.
• Experience with in a third‑party HMA structure including owner reporting and reserve administration.
• CPA or CHAE preferred.
• Excellent analytical skills and US GAAP knowledge.
• Exceptional cash flow management.
• Strong ownership communication and political acumen.
• Advanced Excel and hotel systems.
• Hands‑on leadership and coaching style.

• Financial discipline balanced with commercial thinking.
• Ability to operate in a…