Job Title

YearlyHighgate 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 outperformance 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.www.highgate.comHighgate Corporate Offices Irving, TXThe Corporate Ownership Controller is the senior financial and accounting person for each group of ownership entities for which he/she has responsibility. The position is responsible for all aspects of financial management, financial control, accounting and financial reporting for a portfolio of assigned hotel ownership entities. The Corporate Ownership Controller’s responsibilities include, but are not limited to, timely, responsive and accurate completion of the job responsibilities below.Establishment, documentation, maintenance and compliance with the Company’s systems of accounting and financial reporting, and internal operating, accounting and financial reporting controlsTechnical compliance with U.S. GAAP (“GAAP”), inclusive of research and memo writing (or review of such) for timely conclusion of non-routine and other transactions covering multiple complex technical accounting U.S. GAAP issues.Management of financial and accounting aspects of purchases, sales, transaction closings, takeovers and exits of propertiesManagement of the initial set up of new entities, including identifying and managing GAAP and other compliance, control and reporting issuesUnderstanding and compliance with all corporate, partnership, debt and other contractual documents for all hotel related entitiesTimely review of monthly financial statements of all hotel properties and related entities including corporate consolidation and reporting of hotel properties and ownership entitiesCoordination of all financial communications with ownersManagement of debt, construction and other financing and capital transactionsMonitoring of consolidating cash, cash flow, accounts receivable and operating forecasts of all hotel related entitiesSpot review of bank reconciliations and G/L reconciliationsReview, approval and processing of certain disbursementsInvolvement with insurance and property tax administration of hotel propertiesSuccessful completion of internal and external financial audits, including coordinating and monitoring work of CPA firms and the assigned Corporate Assistant Ownership Controller, as well as delivering information requested by auditors on a timely basis. This includes delivery of GAAP or other required basis financial statements to auditors.Preparation of consolidating and consolidated operating, cash, receivables and other reports for ownersPreparation of any special reports, statements, etc., as requestedOther special projects and responsibilities as assignedCash flow projection monitoring7-10 + years of Public Accounting and/or corporate/ownership related financial management, financial reporting and accounting experience required.Bachelor’s Degree in Accounting required.Strong PC skills including Excel, Word and financial accounting systemsStrong organizational, analytical, verbal and written communication skills.Ability to travel and work overtime as necessary to complete assigned dutiesCPA requiredPublic Accounting Manager or Senior Manager experience preferredOracle accounting system experience preferredStrong knowledge of U.S. GAAP as it applies to the real estate industry, which would ideally include, but not necessarily limited to:Asset impairment issuesDebt modificationsAsset AcquisitionsBusiness CombinationsREIT structuresVIE structuresAsset RecapitalizationsReal Estate sale transactionsSignificant RenovationsCash flow statementsFamiliarity with Uniform System of Accounts for the Lodging Industry (11thedition)Strong desire to adhere to U.S. GAAP financial accounting and reporting standardsStrong technical accounting research skills preferred with an ability to write and/or review technical accounting position papers with supporting calculations to support technical accounting conclusionsAbility to draft and/or review U.S. GAAP financial statements with footnotes for non-public entities based on research performed and completion of the applicable U.S. GAAP financial statement disclosure checklist.