Senior Accountant

Job Title: Chief Financial Officer (CFO)

Location: Etobicoke, ON

About the role:

We are seeking a highly experienced and strategic Chief Financial Officer (CFO) to lead the financial operations of our client's hotel group. The CFO will play a critical role in driving financial performance, ensuring compliance, and supporting sustainable growth across all properties.

Key Responsibilities:

Financial Leadership & Strategy

• Oversee all financial operations, providing strategic recommendations to the executive team.
• Develop and implement financial strategies, policies, and controls aligned with business goals.
• Monitor financial performance and provide actionable insights to improve profitability and operational efficiency.

Cash & Treasury Management

• Manage daily cash flow to ensure liquidity and optimize working capital.
• Oversee cash forecasting and budgeting processes.
• Develop and maintain strong banking and financial institution relationships to support financing, credit, and cash management needs.

Revenue Audit & Financial Controls

• Supervise revenue audits across hotel properties to ensure accuracy, compliance, and integrity of financial data.
• Implement strong internal controls to mitigate risks and safeguard company assets.
• Ensure timely reconciliation and reporting of revenue streams.

Payroll & Compensation Oversight

• Oversee payroll operations across all properties to ensure timely and accurate processing.
• Ensure compliance with local, state, and federal labor and tax regulations.
• Manage employee incentive programs, including Annual Incentive Plans (AIP), ensuring alignment with business performance and objectives.

Compliance & Reporting

• Ensure compliance with financial regulations, tax obligations, and statutory reporting requirements.
• Prepare and present financial statements, forecasts, and performance reports to the Board of Directors and stakeholders.
• Coordinate external audits and liaise with auditors as required.

Team Leadership & Development

• Lead and mentor the finance team, fostering a culture of accountability, collaboration, and continuous improvement.
• Build strong cross-departmental relationships to support operational decision-making.

Qualifications:

• CPA or equivalent financial certification preferred.
• Proven experience (5+ years) in senior financial leadership, ideally within the hospitality, real estate, or related industry.
• Strong knowledge of hotel revenue management systems, payroll systems, and financial reporting tools.

What We Offer:

• Competitive salary based on experience in the role.
• Opportunity to play a pivotal role in the growth and success of a leading hotel group.

If interested, please share your resume and cover letter on paul@reliablestaffing.ca