Director of Finance

Crescent Hotels & Resorts; London; On-site; CAD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking hospitality organization as the Director of Finance, where your expertise will shape financial strategies and enhance operational excellence. This role invites you to lead a dynamic finance team, ensuring compliance, managing cash flow, and driving financial performance. You'll have the opportunity to influence business decisions and contribute to a culture that values diversity and inclusion. With competitive wages, exceptional benefits, and flexible scheduling, this position offers the perfect blend of professional growth and personal fulfillment. If you're a motivated leader ready to shine in your career, this is the opportunity for you!

Benefits

Competitive Wages

Exceptional Benefit Plan

RSP Matching Program

Flexible Scheduling

Travel Discounts

Access to Onsite Gym

Qualifications

• 4+ years of experience as a Hotel Director of Finance.
• Strong knowledge in P&L composition and cash management.

Responsibilities

• Oversee financial processes and lead the property accounting team.
• Monitor hotel revenues and expenses, ensuring accurate recording.
• Coordinate forecasts and budgets with management team.

Skills

Financial Management

Leadership

Communication Skills

Analytical Skills

Profit and Loss Management

Budgeting

Cash Management

Decision Making

Education

Degree or Diploma in Finance

CPA Designation

Tools

Profitsage

M3

Birchstreet

Job description

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Description

At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do!

We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that ‘feed your inner explorer’, we work hard to create and deliver on what YOU need. We are ready for you to start your journey with us where You Belong. We Care. Shine Bright.

We Are Looking For Our Next Great Team Member To Join Us On Our Finance Team. We Are Committed To Providing You With

• Competitive wages
• An exceptional benefit plan for eligible associates & your family members
• RSP matching program for eligible associates
• Flexible scheduling to allow you to focus on what is important to you
• Discounts with our Crescent managed properties in North America for you & your family members
• Access to our onsite gym

Here Is What You Will Be Doing Each Day

As the Director of Finance, you will oversee the financial processes of the organization, lead the property accounting team, and support the larger team as a member of the property executive committee. An overview of the role includes, but is not limited to:

• Evaluate the financial impact on business decisions.
• Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
• Effectively manage and communicate cash flow related issues, as required to management and ownership. This includes the accurate and timely preparation of cash-flow statements, management of receivables, cash balances, control mechanisms and timely deposits of all funds.
• Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Crescent Hotels and Resorts established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement strategies to management.
• Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support and monitoring the bid process, and evaluating scope of work and specifications.
• Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items.
• Coordinate the completion of all forecasts and budgets as required, with the full and active participation of management team.
• Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.

Key Knowledge, Skills Or Abilities That Are Required

• A minimum of 4 years of experience in a Hotel Director of Finance position.
• Degree or diploma in finance, accounting or a related field; preference will be given to those who also hold a CPA designation.
• Demonstrated knowledge and accuracy in profit and loss (P&L) composition, forecast accuracy, budgeting, cash management, and overall financial management
• Understanding of departmental operations
• Knowledge of business law, federal, provincial, and local taxes, and employment regulations. Familiarity with insurance, WSIB, EHT, and liability.
• Ability to make sound decisions and exercise judgment in evaluating situations
• Excellent leadership and communication skills.
• Strong computer skills; experience with Profitsage, M3, and/or Birchstreet is preferred.

Does this sound like you?

You are an experienced financial professional and dynamic leader in the field of hospitality, and you are looking for that next step or challenge in your management career. You are self-motivated and a continuous improvement champion driven to achieve success. Exceptional analytical abilities and superior team development and leadership skills are your superpowers. The pride you have in your communication skills, accountability, and strong industry and financial knowledge will be a great benefit in this role. You are looking for some flexibility in a job, so working a variety of different shifts, including days, evenings, weekends, and holidays, works for your personal life.

At Crescent Hotels & Resorts we strive to create a great place to work where associates at all levels of our organization are respected for their differences, just like the guests and owners we serve. That’s why we are dedicated to creating an environment that facilitates open and honest conversations about race, equity, diversity, and inclusion. By examining our own beliefs and behaviors, we can create change through training, recruiting, and promoting diverse talent to strengthen our culture.