Controller

2 weeks ago

Montreal, Quebec, Canada Court Yard Montreal and Residence Inn Montreal Full time

THE OPPORTUNITY:

CONTROLLER

REPORTS TO GENERAL MANAGER

THE COMPANY:

Passion Drives Performance. InnVest succeeds because our people love what we do.

Our entire team shares a deep-rooted passion for the world of hospitality & travel that extends far beyond the walls of our offices and locations.

Our company culture is built on collaboration. A nimble team where everyone has a voice at the table and an opportunity to pursue their passions.

Our skillsets are as diverse as our portfolio, but we all have a singular focus:

a belief that partnerships deliver the best results, an entrepreneurial approach to decision making, respect for others, a strong sense of integrity and a curiosity to challenge the status quo.


With 81 hotels in our portfolio, representing 18 internationally recognized hotel brands, InnVest is the largest independent owner of hotels in Canada.

In addition, our management team oversees the day-to-day activities of almost 70 hotels also making InnVest the largest independent operator of hotels in Canada.

InnVest's portfolio is geographically diverse with hotels from Vancouver, BC to Corner Brook, NF but also experientially diverse from Roadside inns to luxury urban properties.

At InnVest, our mission is simple - to deliver outstanding guest experiences and superior returns on quality hospitality investment.

A career at InnVest will provide you with unrivaled opportunities and invaluable exposure to Canada's largest independently-owned and operated hotel portfolio.


THE ROLE:


The Controller position is generally responsible for managing all accounting functions and controls ensuring they are accurate, timely and comply with all related policies and procedures.

The incumbent will work with Hotel Management to facilitate achievement of hotel budget objectives for total sales, profitability and return on investment, while maintaining company standards.


ACTIVITIES:

The duties and responsibilities for the Controller include, but are not limited to the following:

  • To provide information to the Corporate Office as required;
  • To assist in the preparation of the Hotel's business plan;
  • To provide budget information to determine operational targets and decisions;
  • To analyse Hotels' performance versus budget and investigate variances as required;
  • To monitor operational expenditures in conjunction with approved budgets;
  • To establish and maintain a system of internal controls and accounting which provides the most effective control over Hotels' assets, liabilities, revenues and expenditures in accordance with established procedures;
  • Ensure that Brand procedures and programs are adhered to and monthly Brand reporting completed;
  • To accurately post revenues and expenditures;
  • To reconcile all supplier accounts, to post all payables, and to pay vendors in accordance with due dates and cash flow projections;
  • To monitor city ledger and guest ledger transactions, and to collect all receivables on a timely basis;
  • To set up, track, record, and process all payrolls; to handle related HR and benefit matters as required;
  • To manage monthend accounting processes including account reconciliations, inventories, accruals and balance sheet analysis;
  • To ensure the Hotels' necessary licences and renewals are in accordance with the local laws;
  • To ensure the accuracy of night audit transactions and monitor their adherence to proper procedures;
  • To ensure timely distribution of all daily reports;
  • Establish and maintain a proper filing system for all documents related to Hotels' sales and expenses;
  • To lead the hotel Management with forecasting, annual budgets, financial analysis and project proposals;
  • To ensure all Hotels' contracts have proper authorization, negotiations for renewal and are properly filed and are easily available for corporate review;
  • To ensure that there is an effective system of purchasing, receiving, and control of supplies in place at all times with proper requisition procedures;
  • To ensure that usual and exceptional purchases are approved consistent with the budgeting and forecasting system;
  • To ensure all accounting procedures comply with company standards;
  • To provide monthend packages to the Corporate Office and assist in the preparation of financial statements.

COMPETENCIES WE ARE SEEKING:

  • Strong accounting knowledge to handle a complete accounting cycle in a centralized environment.
  • A minimum of 3 years of relevant accounting experience in the hotel industry.
  • Must be efficient. Ability to multitask in a fastpaced environment and maintain a highlevel attention to detail. Selfmotivated and able to manage people and processes.
  • Must have strong customer support orientation (for internal/external customers), demonstrate professional demeanor, and the ability to maintain confidential information.
  • Impeccable integrity and ethics. Trustworthy and discrete. Strong communication skills, both verbal and written.
  • Above av

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