27 Oct
|
Important Business
|
North York
27 Oct
Important Business
North York
Position Summary
Crowne Plaza Toronto North York is seeking an experienced, detail-oriented Hotel Accountant to join our Finance team.
Operating a premium 405-room hotel with multiple food and beverage outlets, banquets, and extensive meeting facilities requires strong accounting expertise and a thorough understanding of hotel financial operations.
The successful candidate must hold a recognized skilled accounting designation, have a minimum of five years of hotel accounting experience, and demonstrate hands-on proficiency with Microsoft Dynamics 365.
This position is responsible for managing daily accounting activities, financial reporting, reconciliations, Canadian tax compliance, and internal financial controls while supporting the hotel's financial accuracy and operational profitability.
Key Responsibilities
1. General Accounting and Financial Reporting
- Maintain accurate financial records, general ledger accounts, journal entries, accruals, and prepayments.
- Prepare monthly financial statements, management reports, and supporting schedules.
- Manage month-end and year-end closing procedures and reconcile balance sheet accounts.
- Analyze financial results against budgets and forecasts and investigate discrepancies.
2. Hotel Revenue and Operational Accounting
- Reconcile daily hotel revenues, including rooms, restaurants, banquets, meetings, and other revenue streams.
- Review daily revenue reports, cash deposits, credit card settlements, and payment transactions.
- Verify group billing, event charges, deposits, and other revenue transactions.
- Investigate discrepancies between hotel operational systems, point-of-sale systems, and accounting records.
- Monitor food and beverage costs, inventory, departmental expenses, and operating margins.
3. Accounts Payable and Accounts Receivable
- Process and verify vendor invoices, payments, and expense transactions in accordance with approval procedures.
- Reconcile vendor statements and resolve discrepancies.
- Monitor outstanding receivables, follow up on overdue balances, and support timely collections.
- Maintain accurate vendor accounts and financial documentation.
4. Microsoft Dynamics 365 – Mandatory
- Demonstrate hands-on experience using Microsoft Dynamics 365 for accounting and financial reporting.
- Manage general ledger transactions, accounts payable, accounts receivable, and reconciliations.
- Generate financial reports, maintain accurate accounting records, and investigate system discrepancies.
- Identify opportunities to improve accounting workflows, reporting, and system controls.
5. Canadian Taxation and Compliance
- Ensure compliance with Canadian accounting standards, Canada Revenue Agency (CRA) requirements, and applicable Ontario regulations.
- Reconcile HST, applicable input tax credits, and other relevant tax accounts.
- Assist with tax filings, remittances, and statutory reporting.
- Maintain accurate supporting documentation and coordinate with external accountants and auditors.
6. Budgeting and Cost Control
- Assist with annual budgeting, financial forecasting, and departmental expense monitoring.
- Analyze operating costs, purchasing transactions, and vendor expenses.
- Support food and beverage cost analysis, inventory reconciliation, and departmental profitability reviews.
- Identify cost-saving opportunities and recommend improvements to financial performance.
7. Internal Controls and Audit
- Maintain effective accounting procedures and internal financial controls.
- Perform bank, balance sheet, and general ledger reconciliations.
- Ensure financial transactions are properly authorized and documented.
- Assist with internal and external audits and address discrepancies promptly.
- Protect company assets and maintain the confidentiality of financial information.
8. Management Support and Collaboration
- Work closely with the General Manager and department heads to support the hotel's financial objectives.
- Provide accurate financial information and explanations of variances.
- Ensure timely completion of reconciliations, reports, and financial submissions.
- Recommend improvements to accounting processes, accuracy, and operational efficiency.
Required Qualifications and Experience
- Accounting Designation: A recognized professional accounting designation is mandatory, preferably CPA or an equivalent recognized qualification.
- Hotel Experience: Minimum five years of accounting experience in the hotel or hospitality industry.
- Microsoft Dynamics 365: Demonstrated hands-on experience is mandatory.
- Canadian Taxation: Strong knowledge of Canadian accounting practices, HST, CRA requirements, and applicable Ontario tax regulations.
- Technical Skills: Strong Microsoft Excel skills and experience with financial reporting and reconciliations.
- Professional Competencies: Excellent analytical, organizational, and problem-solving skills, with strong attention to detail and the ability to work independently and meet deadlines.
Preferred Qualifications and Assets
- Experience in a premium or full-service hotel with approximately 400 rooms or more.
- Familiarity with hotel property management systems (PMS), point-of-sale (POS) systems, and hotel revenue reporting.
- Knowledge of IHG financial procedures and brand standards.
- Experience with hotel banquets, group billing, food and beverage accounting, and inventory controls.
- Mandarin language proficiency is an asset.
Compensation and Employment Details
- Annual Salary: $70,000–$80,000, commensurate with qualifications and experience.
- Position: Hotel Accountant
- Location: Crowne Plaza Toronto North York, Toronto, Ontario
- Employment Type: Full-time
- Reports To: General Manager
Equal Opportunity Statement
Crowne Plaza Toronto North York is committed to providing an inclusive, respectful, and professional working environment. We welcome qualified candidates who meet the position's requirements and are committed to financial accuracy, integrity, and excellence in hospitality.
Pay: $70,000.00-$80,000.00 per year
Benefits:
- Extended health care
Experience:
- hotel accounting : 5 years (required)
Work Location: In person
📌 Hotel Accountant (North York)
🏢 Important Business
📍 North York