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Hotel Accountant

  • Toronto, ON, Canada
  • Greater Toronto Area, Canada, Canada

$70,000 to $95,000 CAD / year · Full-time

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Job details

Pay
$70,000 to $95,000 CAD / year
Job type
Full-time
Apply by
Experience
Minimum 3–5 years of progressive accounting/finance experience in the hospitality industry
Posting language
English
Posted

Original job description

About the Opportunity

We are seeking an experienced Accountant to lead financial operations for a well-established upscale select-service hotel and convention centre in Mississauga, Ontario. This property is part of a globally recognized hospitality portfolio with over 1,000 hotels across 70+ countries, known for a strong workplace culture built on empathy, integrity, respect, and collaboration.

Your Role

As the Accountant, you will manage all aspects of the property's financial operations, ensuring compliance, accuracy, and efficiency in reporting and decision-making. You'll provide strategic financial guidance directly to the General Manager and property ownership, playing a key role in the hotel's financial health and long-term performance.

Key Responsibilities

  • Oversee all property accounting and financial reporting functions, including accounts payable, receivable, payroll, and general ledger
  • Prepare monthly and annual financial statements and forecasts in line with corporate reporting standards
  • Manage budgeting, forecasting, and variance analysis processes by line of business to support operational decisions
  • Ensure full compliance with provincial and federal taxation requirements, including preparation and submission of corporate, HST/sales, and income tax returns
  • Maintain robust internal financial controls across all hotel departments, safeguarding assets and ensuring policy compliance
  • Provide financial insights to ownership, the General Manager, and department heads to optimize operational performance
  • Analyze and control operating costs, identifying opportunities to improve financial efficiency
  • Track debt servicing obligations, including loan repayments, interest schedules, and lender covenant compliance
  • Manage the FF&E reserve in coordination with ownership and property leadership to preserve capital and enhance returns
  • Consolidate property-level financial results with corporate accounts for accurate reporting and alignment with ownership objectives
  • Supervise and develop accounting team members, fostering a culture of learning and excellence
  • Liaise with external auditors, banks, and regulatory bodies as needed
  • Analyze supplier and partner contracts for legal and compliance considerations
  • Provide ad-hoc reporting and analysis as required by ownership and/or the General Manager

Qualifications

Hotel experience required.

  • Bachelor's degree in Accounting, Finance, or a related field
  • Minimum 3–5 years of progressive accounting/finance experience in the hospitality industry
  • Strong analytical, organizational, and communication skills
  • Proficiency in financial systems and Microsoft Excel; experience with hotel property management systems (PMS) and enterprise resource planning (ERP) systems is an asset
  • Demonstrated leadership ability with a collaborative mindset
  • Ability to outline financial strategy, provide strategic insights, and make data-driven recommendations
  • Relational, resilient profile with strong adaptability
  • High level of integrity, ethics, and professionalism
  • Ability to work extended hours during financial reporting periods or audits
More about this job

Responsibilities

Oversee the hotel's accounting and financial operations, including reporting, budgeting, forecasting, tax compliance, internal controls, cost management, debt obligations, and FF&E reserves. Advise the General Manager, ownership, and department heads on financial performance, consolidate property results, and lead the accounting team.

Requirements

Requires hotel experience, a bachelor's degree in Accounting, Finance, or a related field, and 3–5 years of progressive hospitality accounting or finance experience. Candidates should have strong analytical, organizational, communication, and leadership skills, proficiency with financial systems and Excel, and high integrity and adaptability.

Skills

  • Hotel Accounting
  • Financial Reporting
  • Accounts Payable
  • Accounts Receivable
  • Payroll
  • General Ledger
  • Budgeting
  • Forecasting
  • Variance Analysis
  • Tax Compliance
  • Internal Controls
  • Cost Analysis
  • Debt Servicing
  • FF&E Reserve Management
  • Team Leadership
  • Microsoft Excel

Visa sponsorship

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Categories

  • Finance & Accounting
  • Hospitality
  • Management & Leadership

Keywords

  • Hotel Accounting
  • Hospitality
  • Financial Operations
  • Financial Reporting
  • Accounts Payable
  • Accounts Receivable
  • Payroll
  • General Ledger
  • Financial Statements
  • Budgeting
  • Forecasting
  • Variance Analysis
  • Corporate Tax Returns
  • HST
  • Sales Tax
  • Income Tax
  • Internal Financial Controls
  • Operating Costs
  • Debt Servicing
  • Loan Repayments
  • Lender Covenants
  • FF&E Reserve
  • Corporate Consolidation
  • External Audits
  • Microsoft Excel
  • Property Management Systems
  • Enterprise Resource Planning Systems
  • Supplier Contracts
  • Data-Driven Recommendations

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