Director, Accounting
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Director, Accounting

Accor HQ

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Director, Accounting

About the job

 

Director, Accounting

At Fairmont Hotels & Resorts, our financial operations thrive with the commitment of Colleagues and Leaders who model our values of Respect, Trust, Innovation, Sustainable Performance, Guest Passion, and Spirit of Conquest. Showcase your leadership and numerical strengths as Assistant Director, Finance and Business Support, where your accuracy and attention to detail will inspire the same qualities in your team members.

Summary of Responsibilities: 

Reporting to the Regional Director of Finance and Business Support (RDOF), responsibilities and essential job functions include but are not limited to the following:        

 

Performance Management

  • Provide administrative support to management with reference to policy enforcement, business advice and operational assistance.
  • Monitoring and supervising the accounting department’s daily routines to ensure smooth, effective, and efficient daily work practices.
  • To assist the RDOF to ensure that all of the accounting staff understands and follows the applicable policies and procedures outlined in the Company’s finance policies and procedures manual.
  • Develop key relationships with respective Department Heads and senior managers to provide financial support and understanding of short and long term financial plans.
  • Lead in reviewing financial performance of department/area, analysis of variances, forecasts and budgets. Challenge existing strategies and/or recommend alternate strategies to continually improve effectiveness of the business or financial management.
  • To assist the RDOF and other department heads in the development and implementation of “corrective action plans” on internal and or external audit and operational reports.
  • To assist the RDOF in the development of the business acumen of all levels of the hotel Leadership team to ensure they understand the impact of every component on the business as a whole and embrace the fiscal reporting processes, and information available in order to drive the performance of their areas of responsibility.
  • To assist the RDOF to promote, drive and maximize GOP Theoretical Flow Through concept across the departments.

Financial Planning, Reporting and Analysis

  • To assist the RDOF with the analysis and interpretation of the financial data and its communication to the operations. The Assistant Director of Finance will also assist with and complete, as needed, the analysis of the balance sheet accounts and the preparation of the monthly internal benchmarking and operational performance analysis reports.
  • To assist the RDOF in the development and implementation of benchmarking techniques that will enable the hotel to enhance revenues while improving productivity and cost efficiencies. To assist in identifying and implement throughout the hotel best practices that will serve to enhance revenues, guest service and improve cost and productivity efficiencies.
  • To assist the RDOF in preparing the annual budget, capital budgets and the rolling forecast. The Assistant Director of Finance should be able to perform these tasks satisfactorily with high direction but with little supervision.
  • To assist the RDOF in the design, implementation, and use of methods and procedures that improve the accuracy of working schedules, labor standards, forecast, plans to assist operational staff. Monitor on an ongoing basis the accuracy and recommend correct measurements as necessary.
  • To assist the RDOF to provide accurate and complete financial and management reports on a timely basis to hotel management, corporate office and owners in accordance with the company and ownership reporting requirements and policy.

Compliance & Risk Management

  • Work with the RDOF to fulfill his/her fiduciary responsibility to the Company and/or Owners for ensuring the hotels are reporting in compliance with the policies, the Uniform Chart of Accounts and hotel management or other contractual arrangements with respect to accounting matters.
  • Assist in ensuring all balance sheet accounts are reconciled on a monthly basis, review and approve those reconciliations as necessary. The Director, Accounting should be able to perform these tasks satisfactorily with high direction but with little supervision.
  • Assist in maintaining accurate and timely financial and operating information and ensure corporate deadlines are met. The Director, Accounting should be able to perform these tasks satisfactorily with high direction but with little supervision.
  • To assist the RDOF in ensuring that all laws and fiscal regulations of the area location, which affect financial matters of the hotel, will be in compliance.
  • To assist the RDOF to protect the owners and the management company’s interest in the hotel assets and operations
  • To assist the RDOF in safe keeping of all lease and contracts and any other legal records and documents, which may affect the financial status of the hotel. Such documents are to be listed and kept current on the Critical Date List.
  • To assist the RDOF to conduct regular operations risk assessments, establish a risk register for the hotel and prepare an action plan addressing the mitigation of identified risks, subject to regular reporting and follow up on the execution of the risk action plan. They shall ensure the timing and accurate reporting of all incidents in accordance with Company protocol.

Control and Policies & Procedures

  • A thorough knowledge of policies and procedures is required.
  • To assist the RDOF to ensure control systems are monitored and audited on a regular basis, as documented by Audit Services, to measure compliance with internal controls.
  • To assist the RDOF in ensuring cash flow is adequate to meet the needs of the operation.

People and Talent Management

  • Work under the guidance of the RDOF to ensure the departmental performance of staff is productive. 
  • Plan for future staffing needs (Succession Planning)
  • Prepare detailed orientation programs for new staff
  • Maintain a comprehensive, current and guest focused set of departmental standards and procedures and oversee their implementation
  • Ensure training needs analysis of your departmental staff is carried out and training programs are designed and implemented to meet needs
  • Deliver training and assist RDOF in driving employee engagement
  • Actively work at developing your direct reports and identify high potentials
  • Conduct probation and formal performance appraisal in line with company guidelines
  • Coach, counsel and discipline staff, providing constructive feedback to enhance performance
  • Regularly communicate with staff to maintain positive relationships
  • Performs other similar or related duties as necessary

Qualifications:

Education

  • Accounting designation, Bachelor's or Master's Degree in Business, Finance, or a relevant field of work, or an equivalent combination of education and work-related experience. CPA or MBA preferred.

Experience

  • 3+ years progressive work related experience in multiple areas of accounting and/or capital projects management and reporting, financial and/or business analysis, accounting, merger/acquisition analysis, or a related area, several  years managing multi-discipline teams and/or significant complex projects.

Technical Skills and Knowledge

  • Demonstrated ability to assess and understand a variety of internal and external economic and financial issues which impact the business, to analyze data and forecast future business trends, and to develop effective financial plans based on businesses assessments.
  • Strong communication skills, both verbal and written to address all levels within the organization.
  • Demonstrated experience with accounting system or similar financial software for the purpose of financial reporting, analysis and presentation.
  • Demonstrated leadership in managing and developing people.
  • Demonstrated knowledge of finance, budgeting, and accounting processes and regulations.

Decision making responsibilities (Key Decision Rights)

  • Significant impact on the financial planning, cost management, budgeting and operations of assigned unit. Decisions made and analytical data gathered directly influences business operating decisions made by management.
  • Significant impact on the tracking and maintenance of budget and financial performance data for assigned division, on capital spend, and on the accurate and timely reporting of current financial and budget status to management.

Visa Requirements: Candidate must have legal authorization to work in Canada

 

Closed

Director, Accounting

Vancouver, Canada

Full-time, Indefinite

Start Date:

Latest start date:

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