Assistant Director of Finance

Hyatt; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

An international hospitality company in Toronto is looking for an experienced Assistant Director of Finance. You will support the CFO in achieving departmental goals, ensure timely financial reporting, and supervise daily accounting operations. Ideal candidates will have at least three years of experience in hospitality accounting and an accounting designation. This full-time position offers competitive salary and benefits.

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 relevant experience in finance, preferably in hospitality accounting.
• Accounting designation required.
• Strong communication skills, both oral and written.
• Ability to work well under stress and in multitask situations.

Responsibilities

• Improve financial controls and implement budgeting procedures.
• Supervise daily activities of the accounting department.
• Provide timely and accurate financial statements.
• Organize monthly inventory for food and beverage.

Job description

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Job Summary

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

Role and Responsibilities

1. Improve financial controls, develop and implement standardized budgeting, accounting, and internal control procedures.
2. Support the CFO with accurate forecasting and budgeting proposals for the hotel and other areas as needed.
3. Lead and support the accounting team to achieve departmental goals.
4. Supervise daily activities of all accounting department areas.
5. Ensure adequate coverage during team member absences.
6. Provide timely and accurate financial statements, including month-end reconciliations and analysis.
7. Organize and lead monthly inventory for food, beverage, linen, etc.
8. Ensure all financial procedures and brand standards are met.
9. Assist in preparing financial reports for owners upon request.
10. Train and develop the accounting team.
11. Promote financial awareness within the hotel management team.
12. Coordinate internal and external audits.
13. Analyze accounting issues and recommend solutions.
14. Assist with accounting duties during emergencies or schedule conflicts.
15. Complete various financial reports as required.
16. Research special products, such as real estate, taxation, and cost-saving opportunities, and recommend actions.
17. Perform other accounting tasks as directed by the CFO.
18. Undertake additional duties as necessary.

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 relevant experience, supervising staff in finance, preferably in hospitality accounting.
• Accounting designation required.
• Ability to multitask and work independently while maintaining performance standards.
• Strong communication skills, both oral and written, including complex or technical issues.
• Ability to work well under stress and in multitask situations.
• Understanding and interpretation of financial and hotel operational data.
• Knowledge of Sage 300, Opera, Micros 3700, and Clover preferred.
• Flexible availability including evenings, weekends, and holidays.

Hotel X Toronto is committed to accommodating people with disabilities during our hiring process. Please inform Human Resources of any special requirements. We thank all applicants; however, only those selected for an interview will be contacted.

This position is at a location where Hyatt is not the employer. The employer may be a third-party management company responsible for employment benefits and obligations at this location.

Seniority level: Director

Employment type: Full-time

Job function: Finance and Sales

Industries: Hospitality

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Additional notes: This job is still active, and the description has been refined for clarity and structure. The original content had some repetitions and formatting issues that have been corrected.