Finance Manager
3 days ago
**Company Overview**
Pearle Hospitality is a family-owned hospitality company dedicated to creating meaningful experiences through food, service, and design. Our properties
- each thoughtfully restored and uniquely inspired
- blend history with innovation, offering
unforgettable dining, hotel, spa, and event experiences across Ontario.
**Summary**
The role of the Finance Manager is to oversee and manage the financial operations of assigned properties, ensuring accurate and timely financial reporting, budgeting, and analysis. This position is responsible for ensuring compliance with financial regulations, maintaining effective internal controls, and providing strategic financial insights to support decision-making. The Finance Manager leads the property finance teams, collaborates with cross-functional departments, and ensures financial performance is aligned with company goals, driving profitability and operational efficiency.
Highly organized and detail-oriented finance professional with a strong background in financial management, budgeting, and reporting, ideally within the hospitality industry. They should have excellent analytical skills, the ability to manage multiple priorities, and a proven track record of ensuring compliance with financial regulations.
**Key Accountabilities**
- **Service Excellence**_
- Oversee month-end processes and consolidate financial data from properties, ensuring timely and accurate reporting.
- Develop, maintain, and review financial processes and SOPs to improve efficiency and accuracy at the property level.
- Lead audit processes at properties, providing necessary documentation and ensuring compliance with audit requirements.
- Support budget creation and forecasting for properties, ensuring alignment with financial goals and making necessary adjustments.
- Work closely with operational teams to ensure financial data supports business objectives and enhances performance.
- Attend team meetings, training, and orientation sessions to stay informed of Pearle’s standards and collaborate with team members to maintain high levels of work and guest care.
- Follow all company policies, procedures, and standards to maintain consistency, safety, and operational excellence.
- Anticipate needs and address challenges promptly to support smooth operations.
- Uphold health and safety guidelines to ensure a clean and safe environment for team members and internal clients.
- Analyze short-term and consolidated financial data to provide insights and support strategic decision-making.
- Establish and enforce internal controls across properties to safeguard assets and ensure compliance with financial policies.
- Monitor and optimize cash flow across properties, ensuring liquidity and financial stability.
- Conduct variance analysis to assess performance against budgets, providing recommendations for cost control and profitability.
- Ensure compliance with tax laws and financial regulations and oversee timely filing of tax returns.
- Collaborate on cost control and revenue strategies, identifying opportunities to enhance profitability.
- Prepare financial reports and presentations for senior management, ownership, and stakeholders.
- Continuously improve financial systems and processes, aligning with industry best practices.
- Provide financial insights for capital expenditures, investments, and new initiatives to support long-term growth.
- Manage special financial projects and provide analysis to support business decisions and initiatives.
- Oversee all financial operations including budgeting, forecasting, and reporting.
- Conduct risk analysis to identify potential financial pitfalls and develop strategies to mitigate them.
- Manage accounts receivable and accounts payable processes to ensure timely payments and collections.
- Perform account reconciliations to maintain accurate financial records.
- Lead the finance team in developing business strategies that align with company goals.
- Collaborate with department heads to provide financial insights that support decision-making.
- Ensure compliance with financial regulations and standards within the hospitality industry.
- **Team Leadership**_
- Participate in the recruitment and selection process to attract and hire top talent, partnering with the People & Culture team for a smooth onboarding experience.
- Work with the leadership team to create and implement departmental training and onboarding plans, including check-ins to ensure new hires are set up for success.
- Run departmental onboarding for new hires, ensuring a successful start and aligning with operational goals.
- Delegate tasks effectively, mentoring team members to embody a strong service culture, set high performance standards, and develop necessary skills and leadership capabilities.
- Provide regular coaching, performance management support, and training on systems, processes, service standards, and financial data management to ensure team success, compliance, and i
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