Intermediate Accountant

3 weeks ago

Toronto, Canada Kaizen Lab Inc. Full time

About The SoHo:

The SoHo Hotel Toronto, a member of The Preferred Travel Group, is the most sought-after luxury hotel in the City of Toronto. We achieve this by offering our guests an unprecedented hotel experience in a unique and stylish environment.

We pride ourselves in offering some of the largest and most spacious hotel rooms and suites in Downtown Toronto.

Every aspect and detail of The SoHo Hotel’s accommodations has been fashioned for our guests’ comfort and pleasure, from exquisitely comfortable furnishings and state-of-the-art technologies to the stunning views and second-to-none amenities and services.

The SoHo Hotel offers 89 redesigned rooms and suites featuring an 80 sq. ft. dressing area, marble bathrooms, and heated floors provide a space for guests to relax, rejuvenate, work or celebrate a special occasion. Our rooms and suites are double the sizes of other luxury hotels in Downtown Toronto.

The SoHo Residences Apartment Hotels at The SoHo Hotel consists of 56 luxurious apartment units for comfort and practicality.

About the Position:

Reporting to the Accounting Manager, the Intermediate Accountant is responsible for the full cycle of accounts payable operations across four properties, including vendor payments, invoice processing, budget reconciliation, capital asset tracking, and financial reporting, while ensuring accuracy, compliance with GAAP, and collaboration with internal teams for continuous process improvements and year-end audits.

As the Intermediate Accountant, your duties and responsibilities include:

  • Identifying and implementing continuous process and efficiency for system improvement.
  • Working as Accounts Payable administrator and responsible for full cycle of Accounts Payable operations of all four properties.
  • Following bi-weekly cheque run calendar to process payments to vendors within the credit terms.
  • Processing the biweekly cheque run upon completion of accounts payable (A/P) processing, coordinating wire/EFT payments for invoices, and mailing cheques to suppliers.
  • Managing and maintaining electronic P.O. system (Simply Purchasing for SoHo Hotel).
  • Accurately classifying expenses by using chart of accounts as per GAAP and current year budget document.
  • Maintaining prepaid asset schedule and updating on a month-end closing basis for expense booking.
  • Organizing paper-based purchase orders and invoices, ensuring all appropriate backup is included.
  • Maintaining electronic folder for Capital asset acquisition, reconciling such project cost with project budget and actual expenditures, preparing variance reports.
  • Responding to all A/P-related vendors' inquiries, concerns, and reconciling vendors' statements.
  • Periodically counting front desk employees' house bank floats.
  • Maintaining professional and proper telephone and email etiquette when communicating with external clients (hotel guests, customers, vendors, etc.) and internal clients (colleagues and teammates), with a priority on delivering exceptional guest service.
  • Assisting in preparing and providing supporting documents for year-end closing, annual audit reviews, and budget construction.
  • Supporting the implementation of modern financial tools and systems, including Electronic Fund Transfers (EFT) through bank channels.
  • Collaborating effectively with team members to achieve collective goals and ensure overall team success.
  • SoHo Health Club:
  • Managing the full-cycle accounting for the SoHo Health Club entity.
  • Overseeing the complete accounts payable process, adhering to the bi-weekly cheque run schedule.
  • Assisting the department head with month-end and year-end closings, as well as annual budget preparation.
  • A positive attitude is essential to thrive in the SoHo Accounting environment.

Qualifications & Requirements:

  • University degree major in Finance & Accounting.
  • Solid understanding of accounts payable and accounting principles.
  • Experience with Opera Cloud and Sage systems is an asset.
  • Proficiency in Microsoft Word, PowerPoint, and Excel (intermediate to advanced).
  • Strong analytical, organizational, and problem-solving abilities.
  • Exceptional attention to detail and a commitment to accuracy.
  • Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
  • Strong oral and written communication skills.
  • A positive, team-oriented attitude with a focus on collaboration and service excellence.

This is a permanent full-time, fully onsite position.

The SoHo Hotel Toronto is an equal opportunity employer that is committed to inclusion and diversity.

We take affirmative action to ensure equal opportunity for all applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other legally protected characteristics.

Our company has an accommodation process in place for applicants with disabilities, in accordance with the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). Accommodation is available upon request at all stages of the recruitment and selection process.

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