Assistant Controller
Hyatt Hotels
- Location
- New York
- Work model
- On-Site
- Level
- Mid
- Salary
- $90k – $100k/yr
About this role
Company Background The Standard is one of the most culturally engaged hotels in the world. Hotels with real cultural life, an inclusive spirit and true creative attitude. A destination layered with events and amusements that leaves you with an uplifted feeling. The Standard's irreverent and playful sensibility, combined with a careful consideration of design, detail and service, have established its reputation as a pioneer of hospitality, travel, dining, nightlife, and beyond. The Standard hotels are known for their taste-making clientele, their pioneering design, and their unrelenting un-Standard-ness. Mission Statement To create experience by embracing and empowering a diverse collective of team members, collaborators, and guests, who choose to call The Standard home. Our Purpose The Standard’s commitment is to being an anchor for each neighbourhood in which we reside as well as a platform for culture and creativity. Bringing people together in its spaces to interact with each other in genuine ways. Our promise is to ensure that a stay is an experience and that a memory means making friends and having stories to tell. To understand why it exists, is to understand that The Standard, is a platform for people to meet, to engage, to learn, to dine, to sleep, to dance, to hideaway, to make believe and to do so whilst being yourself and having fun doing it. We think of ourselves as a stage, not just a hotel. Here, you can become whomever you like, even if for just a night. Here, you will meet new friends, find new challenges, eat new food, stay up late, sleep in later, and at times, never even leave the property. We are unapologetically comfortable with disrupting expectations. It’s WHO WE ARE! #StandardFamily Job Title: Assistant Controller Department: Finance Location: The Standard, High Line Reporting to: Director, Finance or VP, Finance Responsible for: AP, AR/Income Auditor Job Purpose: This role is responsible for all aspects of the accounting department and financial reporting Main Duties & Responsibilities Maintain complete knowledge of and comply with all departmental, hotel, and corporate policies/service procedures/standards/operational guidelines. Comply with all statutory requirements Maintain complete knowledge of property management system and manual procedures. Ability to update the books and records in an accurate and timely manner Ability to prepare and present month end financial statements and all related reporting Liaise with corporate office and ownership group on all accounting related matters Complete timely and accurate balance sheet and bank reconciliations, cash flow reports Complete accurate and timely NYC and NYS tax filings To ensure that books, records and accounts are maintained accurately and fairly reflect the transactions and dispositions of the asset of the company Responsible for the timely payment of all mortgages, property taxes, sales and occupancy taxes, escrows, insurance, franchise fees, etc., in accordance with local and state laws Responsible for the timely preparation and release of monthly financial statements and other related reports, and their accuracy Responsible for the completing balance sheet reconciliations on monthly basis with discrepancies timely identified and corrected Responsible for adhering to hotel internal control policies and procedures, ensuring their effectiveness so that the profitability of the hotel is guaranteed Responsible for assisting with the accuracy of payroll calculation and payment, the strict respect of country tax legislation Responsible for assisting with tax matters related to the hotel in liaison with consultants and local/state authorities, including sales tax audits and inquiries The ability to oversee all monetary assets of the Hotel Responsible for providing assistance to other operational departments in the definition, implementation and follow-up of improved control tools The ability to work