Assistant Controller

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 closely with operational managers, department heads, and executive committee members to ensure maximum utilization of the company's financial resources in accordance with the budgetary guidelines
• The ability to advise Management of the financial impacts for various strategic plans and ad hoc projects
• The ability to compile, submit and monitor operating budgets, capital budgets, and business plan
• The ability to control all Hotel costs, expenses and labor
• Ensure Accounting staff meetings are productive, contain great 2-way communication, and promote teamwork and high moral standards within the department
• The ability to develop and maintain staff structure. Hire, schedule, train, discipline, and conduct performance evaluations of direct reports
• The ability to communicate effectively and provide leadership within the Department & throughout the organization
• The ability to provide financial input for future products, projects, strategies, innovative plans and direction and monitor its progress
• Anticipate guests' needs, respond promptly and acknowledge all guests, and maintain positive guest relations at all times. Assist staff in resolving guest complaints, ensuring guest satisfaction
• The ability to perform other tasks or projects as assigned by hotel management and staff.
• Assist with other functions as assigned by Director of Finance, VP, Finance, or GCPH CFO

Brand Ambassador:

• Throughout the hotel we actively seek to employ a unique, diverse and thoughtful group of people that are committed to delivering our unconventional brand of hospitality while also growing with us
• They are committed to and fully comprehend the idea of being of service
• They do not just delight guests, but excite them—by creating unique, unexpected & memorable experiences
• They are ambitious, vibrant and social/friendly individuals
• They genuinely embrace diversity in all forms, interested to have people from all race and gender to be their friend
• They encourage genuine relationships with guests that enable them to not only preempt needs but foresee desires
• They have personality and depth
• They have a desire and unyielding appetite for learning & knowledge—being in-the-know with what is happening in the city and around the world
• They are creative in areas like music, cinema, art, performance, fashion, design, tech and business
• They are engaging, socially adept and solution-based individuals able to navigate the scene with confidence and ease
• They are able to entertain guests in a compassionate, respectful and meaningful manner
• They are authentically themselves
• They want to play a role in constructing a kinder and better world

Specific Requirements:

• Bachelor's degree in Finance, Accounting, or related field (CPA/ MBA preferred)
• 3+ years of progressive accounting/finance experience in hospitality or adjacent industry
• Deep knowledge of hotel financial operations, USALI, GAAP
• Strong expertise in financial systems, reporting, and data governance
• Mastery of Microsoft Excel

Key Competencies

• Strategic thinking and financial acumen
• Executive communication and stakeholder management
• Operational and commercial insight
• Risk management and compliance leadership
• Data-driven decision-making

Compensation and Benefits

• $90k - $100k per year + 10% Bonus
• Excellent and Affordable Health Care coverage
• Life Insurance, Disability Insurance, Pet Insurance
• Up to 104 hours PTO, 56 hours - Paid Protected Time Off (Sick), 32 hours - Unpaid Protected Time Off, 20 hours Paid Prenatal Leave
• 401k- Company matching 2% after 1 year
• Employee Discounts on Rooms, F&B, Retail, and The Standard Marketplace
• Employee Meals, Employee Referral Program, Commuter Discounts
• Regular fun staff events and celebrations!