COMPANY DESCRIPTION:
The Canadian Niagara Hotels Group of Companies is one of Canada’s largest, most successful, and diversified entertainment and hospitality organizations. With over 3,500 talented professionals across our business units, we offer a distinctive collection of world-renowned hotels, restaurant brands, cafes and retail, situated just steps from the iconic Niagara Falls.
Our portfolio includes internationally recognized hotel brands such as Marriott, Sheraton, and The Brock – Tapestry by Hilton, along with premier dining destinations including Massimo’s Italian, Fallsview Restaurant, Prime Steakhouse, Morton’s Grille, Milestones Grill + Bar, Hard Rock Café, Rainforest Café, as well as popular retail and café experiences including Starbucks and Hershey – to name a few. Paired with a wide selection of modern amenities that include: a large selection of unique event and meeting spaces, full service spas, fitness centres, rooftop pool/indoor pools, Fallsview Indoor waterpark, and a super entertaining arcade makes our property locations unparalleled.
Position Summary: Reporting to the COO, the CFO is a key leadership role responsible for overseeing all financial aspects of the company, including financial planning, management of financial risks, record-keeping, and financial reporting. Organization goals include growing revenue, controlling/reducing costs, and assisting in achieving customer service targets. The ideal candidate will bring a strategic mindset to the role, capable of not only managing the company's finances but also contributing to overall strategy and growth initiatives. This position reports directly to the COO and works closely with other senior leaders to drive financial performance and operational excellence.
Specific responsibilities and goals include:
- Oversees and responsible for Finance, IT, Security departments.
- Lead, develop and supervise a large Finance team consisting of some 36 team members including treasury, accounts payable, accounts receivable and financial accountants. The Finance management structure within the team consists of 3 controllers and 3 supervisors.
- Oversee the finance department to ensure proper maintenance of all accounting systems and function; and overall controls to safeguard corporate assets.
- Participate in monthly departmental financial meetings and provide meaningful analysis and facilitate actionable next steps for both finance and operations
- Serve as a key point of contact for our third party Accounting firm; manage overall budget, timing and planning with third party Accounting firm for the Corporate Group.
- Coordinate with legal counsel and ensure that the company complies with all legal and regulatory requirements regarding finances.
- Engage in ongoing cost reduction analyses, tax savings opportunities and process efficiencies in all areas of the company.
- Lead the Corporate Business Planning process and develop and implement financial strategies aligned with the company’s goals.
- Oversee the budgeting process, including the development of models for revenue, expenses, and capital expenditures based on business goals and utilizing comp set KPI’s.
- Oversee the preparation of all financial reporting, including income statements, balance sheets, and reports for government regulatory agencies.
- Ensure compliance with accounting policies and regulatory requirements.
- Work with department heads to monitor performance and identify areas for financial improvement
- Analyze, recommend and drive operating managers to achieve and exceed targets
- Provide reporting that summarizes business unit performance of all assets/operations
- Participate in key decisions as a member of the executive management team.
- Assess and manage risks by utilizing information from Finance, Security and other departments
Qualifications:
- CPA designation
- Minimum of 10 years of relevant experience in financial management and accounting, ideally in the hospitality industry.
- Previous experience with a privately owned company preferred.
- Strong leadership skills and experience in managing a large team.
- In-depth knowledge of financial laws, risk management, and industry best practices.
- Excellent analytical, reasoning, and problem-solving skills.
- Strong communication and interpersonal skills, capable of explaining complex financial information in an understandable way.
- Proficient in financial management software and Excel.
Why Work For Canadian Niagara Hotels Group?
No matter which business unit you join or where you begin your career, Canadian Niagara Hotels Group of Companies offers rewarding opportunities for growth. Offering more than 200 different career choices, we provide career training programs and opportunities developed by some of the world’s most valued brands among our 4 business segments – hotels, restaurants, specialty retail and entertainment/attractions. Our team members are empowered to deliver exceptional guest experiences while contributing to the continued success of our organization.
Benefits We Offer Our Associates:
- Comprehensive Health & Medical Coverage: Includes: Prescription Drugs, Dental Coverage, Life and AD&D, Paramedical and Extended Health Care, Out of Country Emergency Travel Insurance AND Assistance, among other benefits.
- Career Growth & Development: Opportunities for professional growth and development through cross training in various roles across multiple business properties.
- Associate Hotel and Dining Discounts: Enjoy Friends & Family hotel rooms and dining discounts at world-renowned hotels, available only at properties operating under a brand name.
- Ontario Attractions Reciprocal Program: Enjoy access to exclusive free or discounted admissions to other member locations across Ontario.
- Convenient Parking - Complimentary or reduced-rate parking, based on the specific location.
This is “Where Great Careers Happen” – Join a Team That Empowers You to Make a Difference, Deliver Results, and Grow Your Career. Take the Next Step In Building Your Career With Us!
https://canadianniagarahotelscareers.ca/
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Placement within the hiring range is based on skills, experience and accomplishments in comparable roles
We confirm that AI may be used in screening or assessing applicants at the application stage for more detailed consideration, and this position is an existing vacancy
We thank all applicants for their interest, however, only those selected for an interview will be contacted
We are committed to creating an accessible and inclusive environment by providing equal opportunity to candidates of all abilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process.
