Accounting and Receiving Manager

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 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.com Location: Located in the exclusive Nob Hill neighborhood and in the process of going through a complete reimagination, The Huntington provides guests with modern amenities and conveniences within a historic space. Guests can enjoy fine dining, a three level spa, beautiful rooms and suites as well as meeting and event spaces without ever leaving the property. The Huntington provides guests with the best location and amenities San Francisco has to offer. Overview: The Accounting and Receiving Manager is responsible for the financial oversight of the hotel's accounts payable and receiving control functions. The position's primary responsibility is to evaluate financial activity, resolve significant accounting and vendor issues, assess internal controls, and develop recommendations that support accurate financial reporting, effective cash management, and sound purchasing and receiving practices. The manager exercises discretion and independent judgment in evaluating financial risks, comparing potential courses of action, and determining appropriate resolutions within delegated authority. The position serves as an advisor to hotel leadership on payment obligations, accounting treatment, vendor disputes, and purchasing and receiving controls. This role is accountable for the effectiveness of the AP and receiving control processes rather than serving as the primary invoice processor or regularly scheduled receiving attendant. Routine invoice entry, filing, delivery acceptance, and goods distribution are assigned to designated processing and receiving resources. The manager may assist with individual transactions or receiving issues when needed to investigate a problem, evaluate a control, or address an unusual operational circumstance. Responsibilities: Key Responsibilities Financial Analysis and Accounting Oversight Analyze AP balances, aging, accruals, purchasing activity, and receiving variances to identify material reporting issues, financial exposure, and unusual transaction patterns. Investigate complex or significant discrepancies, evaluate their causes and financial implications, and determine corrective action within delegated authority. Evaluate the appropriate treatment of nonroutine AP transactions, accruals, reclassifications, and adjustments, documenting the accounting rationale and presenting substantive recommendations to the Director of Finance or Controller when approval is required. Lead the AP component of the monthly and annual close by establishing review priorities, evaluating completeness and cutoff, resolving material exceptions, and communicating outstanding financial risks. Assess recurring errors and exceptions to determine whether they reflect isolated processing issues or weaknesses requiring changes to controls, training, or operating practices. Prepare financial analyses and recommendations for leadership that explain th…

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