Canadian Niagara Hotels

Finance - Corporate Accountant

Canadian Niagara Hotels

Niagara Falls Ontario

Salary: Neg Per Hour



Responsibilities

  • Prepare accurate and timely monthly financial statements with required journal entries
  • Reconcile balance sheet accounts on a regular basis, ensuring financial accuracy and accountability
  • Proactively address discrepancies in daily revenue, cash flow, and expenses
  • Analyze and articulate month-end costs and expenses to finance and operational leaders, enabling data-driven decision-making
  • Ensure internal controls compliance and make recommendations for refining existing policies and procedures
  • Provide analysis that supports operation and finance objectives
  • Foster a collaborative work environment by providing support and expertise to team members, fostering a cohesive and motivated team spirit
  • Support the year-end closing review and reporting process
  • Assist with annual budget preparation as needed

Essential Duties / Tasks

  • Record and verify the day end of the outlet
  • Verifying actual cash and credit card reports to operations reporting system
  • Investigating any shortages or variances
  • Review of the controls for the day
  • Appropriate approvals for any rate changes
  • Appropriate approvals for all complimentary adjustments or QSA’s
  • Appropriate approvals in place in the POS system
  • Report any inconsistencies to the Controller
  • Follow-up emails or reports to operations based on the daily revenue reports
  • Account reconciliations for
  • Bank accounts
  • Miscellaneous accruals
  • Clearing accounts
  • Reconcile and audit gratuities collected and gratuities paid out to the expected amounts based on the agreement
  • Other accounts as designated by the Controller
  • Inventory
  • Book the entry to move the appropriate COGS based on the end of month count
  • Review at high-level to see if inventory count was consistent and complete
  • Review for any significant price adjustments as compared to prior month
  • Remittances
  • Prepare HST remittance for review and approval and perform net file
  • Prepare monthly franchise fee remittance based on agreement for review and approval
  • Month-End
  • Complete month end following the month end timeline as established by the Controller
  • Review general ledgers for items posted incorrectly or should be re-classified based on direction of the Controller
  • Contact operations for any discrepancies found during the month-end close process to understand and fix operational issues
  • Run month end financial reports and submit to Controller for review highlighting any items/expenses that are unusual or high for the month or identify and correcting entries made that would affect the current month’s results
  • Verify and confirm interest income and expense
  • Accrue costs at month end that were not yet booked through Accounts Payable
  • Attend financial review meeting and occasional month end inventory count

Qualifications

  • University or College graduate in Accounting, Finance, Commerce, or related fields
  • Relevant work experience in full cycle accounting would be considered an asset
  • Proficient in Microsoft Office, with advanced expertise in MS Excel
  • Detailed oriented. Analytical thinker. Problem Solver. Takes initiative
  • Excellent organizational and time management skills
  • Must be located within a reasonable commutable distance

Job Overview

Posted Date: 21 Dec 2024

Location: Niagara Falls Ontario

Salary: Neg Per Hour

Company Information

Canadian Niagara Hotels

Name: Canadian Niagara Hotels

Web: https://canadianniagarahotelsinc.com/

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