Hotel Accountant

2 weeks ago

Toronto, Ontario, Canada Silver Hotel Group Full time

Job Summary

The Hotel Accountant will be responsible for performing all accounting duties for a selection of hotels in the Silver Hotel Group portfolio. This includes managing accounts payable and receivable, overseeing payroll, and ensuring accurate financial reporting.

Key Responsibilities

  • Manage phases of accounts payable and accounts receivable for multiple hotels in the SHG portfolio.
  • Oversee and lead the payroll process for the assigned hotels, providing guidance and direction to department leaders to ensure payroll accuracy and processing.
  • Ensure that guests have the best possible experience by troubleshooting and resolving all billing-related disputes in a timely manner.
  • Prepare bank and balance sheet reconciliations monthly.
  • Prepare daily bank deposits and due back reports and distribute as required.
  • Perform monthly cash count audits.
  • Verify recorded transactions and report irregularities to Corporate Finance Manager.
  • Provide direction to the night audit team through the Director of Rooms/Front Office Manager to ensure proper revenue reporting.
  • Review all ledger details: guest ledger, city ledger, and deposit ledgers to validate proper payment and revenue posting.
  • Review the postings, payments, revenue, and guest balance reports daily.
  • Ensure correct taxation is applied on all billing software like Property Management Systems (PMS), and Point of Sale (POS) software.
  • Ensure that all statutory details are displayed on the guest invoices and bills.
  • Review the Accounts Receivable (A/R) Aging reports monthly.
  • Check customers' credit ratings and flag accounts accordingly.
  • Assist in preparation of financial statements and reports to ensure accurate, timely information is available for management.
  • Ensure all new hire paperwork, benefits, and other pertinent personnel documents are e-filed in Payworks and maintained in accordance with the company HR practices.
  • Monitor and contain all property inventories to ensure proper levels of property cash flows.
  • Provide direction and training to the hotel operational team in areas related to finance, financial reports, internal controls, payroll, etc.
  • Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.
  • Perform other reasonable job duties as requested by the Corporate Finance Manager.

Environmental Factors

  • Primarily a weekday schedule, Monday to Friday, with some occasional work required in the evenings and on weekends.
  • Travel to the different hotel locations as needed and often work from various hotel locations.
  • Significant time spent on a computer keyboard.
  • Regular communication with Hotel General Managers and Corporate Finance Managers.
  • Some lifting (up to 30 lbs), on occasion.
  • A fast-paced and ever-evolving industry with high demands to perform.
  • Swift strategic thinking while under pressure to execute project strategies.

Requirements

  • Accounting skills and knowledge acquired through business college, (i.e., a Degree or Diploma in Accounting) or through completion of an accounting program (i.e., CGA, CPA, or CMA), or through relevant experience are considered essential.
  • Minimum of three years of demonstrated finance experience, preferably in hospitality.
  • Friendly and cooperative disposition and easily able to work cooperatively with team members.
  • Strong administrative, organizational, and time management skills.
  • Strong communication skills, written and verbal.
  • Exceptional analytical skills to prepare reports and solve routine accounting problems.
  • Strong Computer skills - knowledge of Sage, Maestro, Opera, POS, and Delphi a definite asset.
  • Intermediate knowledge of Excel is required.

About Us

Silver Hotel Group (SHG) is a family-owned Canadian hotel investment, development, and management company. Our portfolio includes hotels in Canada and the U.S. and ranges from internationally branded full and select-service hotels to independent and boutique hotels. At SHG, our culture is fundamental to our success. Each empowered team member strives to exhibit passion, creativity, and fun every day. Together, we are dedicated to delivering exceptional experiences by living our core values as our road map: Accountability, Teamwork, Leadership, Diversity, Integrity, Giving, Fun, and Recognition. As we continue to grow, our mantra "You Matter" resonates with our 600+ team members in how we do business, which will continue to enhance engagement and retention. Today, we look for new team members who demonstrate both aptitude and the passion to embrace and contribute to our Culture.

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