Assistant Director of Finance

Hotel X Toronto
Toronto, ON, Canada

Hotel X Toronto

111 Princes' Boulevard

Toronto, ON M6K 3C3

Canada

Telephone +1 (855) 943-9300

Hotel with 404 Rooms

Competative Group Benefits Package, On-site Parking, RRSP match program, Meals, Laundry

Under the leadership of the CFO, the Assistant Director of Finance will assume a strategic role in the overall management of the multi-unit company. The Assistant Director of Finance will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-relate
on-site

Compensation: $85,000 to $115,000 per year

Job Summary

Assist and support the CFO in the achievement of the Department’s goals and the maintenance of adequate internal controls over all areas of hotel operations.  Ensure timely completion of all reports generated by accounting staff.  Enforce the maintenance of Hotel X Toronto policies and procedures as they apply to the hotel operation.

Role and Responsibilities

  • Assist in improving financial controls, developing and implementing a standardized budgetary process, accounting procedures, internal control procedures and guidelines.
  • Assist the CFO by providing full and accurate forecasting and budgeting proposals within the hotel and in other areas where required
  • Provide leadership and support to the accounting team in achieving departmental goals and objectives
  • Supervise and fully understand the daily activities of all areas of the accounting department
  • Provide adequate coverage in the department during team member absences, such as vacation
  • Provide timely and accurate financial statements, includes prepare month end balance sheet reconciliation and analysis
  • Organize and lead monthly hotel inventory for food, beverage and linen etc
  • Ensure all financial procedures and brand standards are in place and met
  • Assist the CFO in preparing any requested financial reports, as required by owners
  • Train and develop the Accounting Team
  • Assist in the development of financial awareness with the hotel management team
  • Assist in the co-ordination of internal and external audits
  • Analyzes accounting problems and recommends solutions.
  • Assists with accounting duties to meet emergencies or schedules.
  • Completes a variety of financial reports as required by the hotel and ownership.
  • Researches special products such as real estate, taxation and cost saving opportunities and recommends action.
  • Any other accounting related task as directed by the CFO.
  • Additional duties as necessary and assigned.

Work perks & Benefits

  • Competitive Salary
  • 100% Group Insurance Coverage
  • RRSP
  • Meal benefit per shift
  • Discounted parking options
  • Dry Cleaning Allowance
  • A great working team environment!

Qualifications

  • Minimum of three years of experience in a similar role and experience supervising staff in all disciplines of Finance required; Experience in hospitality accounting preferred.
  • Accounting designation required.
  • Ability to multi-task and work independently against a list of performance and quality standards.
  • Ability to communicate information and ideas including complex or technical issues, orally and in writing.
  • Work well in stressful, high-pressure, multitask situations.
  • Understand and interpret financial information, hotel operations data and complex arithmetic functions.
  • Working knowledge of Sage 300, Opera, Micros 3700 and Clover is preferred. 
  • Flexible availability including evenings, weekends and holidays.

Hotel X Toronto is committed to accommodating people with disabilities as part of our hiring process. If you have special requirements, please advise Human Resources during the recruitment and selection process.

We thank all applicants; however, only those selected for an interview will be contacted.

Hotel X Toronto

Hotel with 404 Rooms

WELCOME TO HOTEL X TORONTO 
Redefining Luxury in Downtown Toronto 

Guests arriving at Hotel X Toronto are immediately captivated by stunning architecture and modern design seamlessly blended with lush green spaces. A sleek, contemporary façade of glass and steel offers panoramic views of the city and Lake Ontario. Inside, the lobby’s beautiful green wall featuring 2,500 individual self-watering golden pothos plants creates a sense of arrival unlike any other. Outside, Hotel X Toronto is surrounded by six acres of beautifully landscaped gardens, meandering footpaths, and art installations that create a tranquil oasis amidst downtown bustle.

Come discover how Hotel X Toronto is redefining the luxury hotel experience.