Administration - Chief Financial Officer

Canadian Niagara Hotels Group • Niagara Falls, ON

9d • Onsite

About The Position

The Canadian Niagara Hotels Group of Companies is seeking a Chief Financial Officer (CFO) to oversee all financial aspects of the company. This key leadership role reports to the COO and is responsible for financial planning, risk management, record-keeping, and financial reporting. The CFO will also contribute to overall strategy and growth initiatives, aiming to grow revenue, control costs, and achieve customer service targets. The position involves working closely with other senior leaders to drive financial performance and operational excellence.

Requirements

• CPA designation
• Minimum of 10 years of relevant experience in financial management and accounting, ideally in the hospitality industry.
• 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.

Nice To Haves

• Previous experience with a privately owned company preferred.

Responsibilities

• 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed