Financial Director

1 month ago

Rossland, British Columbia, Canada CHRC Hotel Employer Company Ltd Full time
Job Title: Director of Finance

We are seeking a highly skilled and experienced Director of Finance to join our team at CHRC Hotel Employer Company Ltd. As a key member of our leadership team, you will be responsible for overseeing all financial aspects of the hotel, including budgeting, forecasting, and financial reporting.

Key Responsibilities:
  • Evaluate the financial impact of business decisions and 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, including the accurate and timely preparation of cash-flow statements, management of receivables, cash balances, control mechanisms, and timely deposits of all funds.
  • Monitor and approve all sales, purchases, salaries, and expenses of the hotel, and analyze financial data of operations to advise hotel management and assist in maintaining an efficient operation.
  • Prepare, review, and present the Monthly Report of Operations, and prepare forecasts and budgets as required (Annual, Revised Annual, Monthly, and/or on Crescent/Owner's requests).
  • Oversee all contracts and legal agreements, and assist hotel management in maintaining all licenses, permits, insurance, and contracts, and monitor labor costs and alert leadership of overages and deficiencies.
  • Establish and audit all internal financial controls, including purchasing, cash handling, and disbursements, inventories, hotel equipment, master keys, and associates' time records.
  • Communicate both verbally and in writing to provide clear directions to leadership at the property, and comply with attendance rules and be available to work on a regular basis.
  • Participate in the Manager-On-Duty (MOD) program for management, and ensure compliance with regards to provincial and federal government health and safety requirements (Permits).
  • Attend departmental meetings, executive committee, and operational meetings, to include financial presentations as needed, and perform any other job-related duties as assigned.
Requirements:
  • Minimum of five years' experience as a Hotel Director of Finance.
  • Demonstrated knowledge and accuracy in profit and loss (P&L) composition, forecast accuracy, budgeting, cash management, and overall financial management.
  • Preferred experience with Marriott systems.
  • Advanced knowledge of Microsoft Office.
  • Self-starter with strong communication skills.
  • Superior computer and training abilities.
  • Understanding of departmental operations.
  • Knowledge of business law, federal, state, and local taxes, and Department of Labor regulations.
  • Familiarity with insurance, employee benefits, insurance, and workers' compensation claims, and liability.
  • Ability to make sound decisions and exercise judgment in evaluating situations.
About CHRC Hotel Employer Company Ltd:
  • We foster a workplace where individuals at all levels are valued for their unique perspectives, mirroring the diversity of our guests and clientele.
  • We actively cultivate an environment that promotes open and candid conversations on race, equity, diversity, and inclusion.
  • Through introspection and conscious actions, we drive change through diverse hiring, training, and advancement opportunities, enriching our company culture.

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