InnVest Hotels

Corporate Accountant

InnVest Hotels  •  Toronto, CA (Hybrid)  •  3 hours ago
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Job Description

THE OPPORTUNITY:

CORPORATE ACCOUNTANT

REPORTS TO CORPORATE CONTROLLER

THE COMPANY:

With over 100 hotels in our portfolio, representing 18 internationally recognized hotel brands, InnVest is the largest independent owner of hotels in Canada. In addition, our management team oversees the day-to-day operating activities of 87 owned and third party owned hotels. InnVest’s portfolio is geographically diverse with hotels from Vancouver, BC to Corner Brook, NL but also experientially diverse from roadside inns to luxury urban properties.

At InnVest, our mission is simple – to deliver outstanding guest experiences and superior returns on quality hospitality investment. A career at InnVest will provide you with unrivaled opportunities and invaluable exposure to Canada’s largest independently-owned and operated hotel portfolio.

To learn more about InnVest Hotels, visit https://innvesthotels.com/

THE ROLE:

Reporting to the Corporate Controller, the Bookkeeper/Corporate Accountant is directly responsible for daily and monthly functional accounting, supporting the financial reporting, performing key tasks related to fiscal period closings, and analysis of InnVest’s performance combined with ad-hoc project work. The Corporate Accountant will act as a direct accounting contact for InnVest’s managed properties.

RESPONSIBILITIES:

The duties and responsibilities for the Corporate Accountant include, but are not limited to the following:

  • Month end closing procedures including but not limited to the preparation of journal entries, accruals, and bank reconciliations for multiple entities
  • Perform monthly reconciliations of balance sheet accounts for multiple trial balances
  • Resolve any discrepancies between PMS system and General Ledger
  • Prepare month end manual payroll journal entries and reconcile all payroll related accounts on a monthly basis
  • Responsible for performing all daily, monthly, and other periodic accounting and financial reporting in an accurate and timely manner
  • Record and balance intercompany transactions
  • Complete regulatory filings: HST/PST/QST/WSIB etc
  • Fixed asset monthly roll forward and maintain fixed asset continuity schedules for managed assets
  • Analyze financial statements
  • Support annual audit and respond to auditor inquiries
  • Assist properties with annual budget process
  • Assist with system upgrades testing
  • Work closely with the business or other finance teams to collect data for month end close
  • Assist in monitoring and reviewing accounting processes and procedures and recommend changes as appropriate to improve internal controls and /or efficiencies
  • Assist in the preparation of other ad hoc reports as necessary

GOALS:

  • Achieve accurate and on-time monthly close
  • Provide best-in-class service to support hotels and corporate office

COMPETENCIES WE ARE SEEKING:

Academic/Education Requirements:

  • Bachelor’s degree in Business Administration with an emphasis in accounting, or a diploma in Accounting, or equivalent experience

Knowledge, Experience and Skills Requirements:

  • 3-5 years previous experience in an accounting environment, with Property experience considered an asset
  • Advanced MS Excel skills
  • Bilingualism, French is a valuable asset
  • Strong attention to detail
  • Strong sense of ownership
  • Ability to maintain confidentiality
  • Demonstrated customer service skills, both internal and external, with the ability to resolve conflicts
  • Analytical
  • Ability to work independently and within a team environment
  • Willingness to work overtime during reporting peak periods
  • Excellent verbal and written communication skills, including proper spelling, grammar, and punctuation for complex documentation
  • Superior time management skills, multitasking skills, and the ability to prioritize tasks with minimal supervision
  • Ability to effectively prioritize and execute tasks in a high-pressure environment.
  • Experience working in a team-oriented, collaborative environment

Mental Effort required to perform the job:

  • Frequent mental attentiveness and listening is required when dealing with Accounting & Finance tasks.
  • Frequent mental effort is required in multi-tasking, handling interruptions, and/or Employee/Manager queries, which require constant refocusing.
  • Frequent mental effort is required in meeting stringent deadlines.
  • Frequent levels of concentration required for accuracy when dealing with Accounting & Finance tasks and initiatives.

Physical Effort required to perform the job:

  • Continuously requires manual dexterity speed and hand/eye coordination for work at a computer.
  • Periodic lifting of computer hardware and administrative materials such as laptops, physical files, binders, etc.

Responsibility for Resources:

  • Responsible for work area.
  • Responsible for confidential Accounting & Finance documents, equipment, and protocols related to the company.

Working Conditions

  • Continuously working at a workstation assigned by the Manager.
  • Continuously working in a climate-controlled office.
  • Frequent meetings (in-person, virtual) to discuss various Accounting & Finance subject matter.
  • Temporary hybrid working arrangement, subject to change.
  • Regular working hours, as required.
  • Flexible working hours, as required.

InnVest is an inclusive employer. As part of InnVest’s commitment to accessibility, we will ensure equality by providing a selection process and work environment that is inclusive and barrier free. Accommodation will be provided in accordance with the Ontario Human Rights Code. Any special accommodation needs required in order to allow applicants to participate in the recruitment process to their full potential can be arranged in advance by contacting InnVest to arrange practical and appropriate accommodation. We appreciate all applications; however, only those applicants selected for an interview will be contacted.

Benefits:

  • Vision Care
  • Dental Care
  • Company pension
  • Vacation & paid time off
  • Employee Assistance Programs
  • Extended Health Care
  • Life Insurance
  • Bonus scheme
  • Company events & social hours
  • Education reimbursement

Job Types: Full-time, Permanent

InnVest Hotels

About InnVest Hotels

Passion Drives Performance. InnVest Hotels “InnVest” succeeds because our people love what they do. Our entire team shares a deep-rooted passion for the world of hospitality and travel that extends far beyond the walls of our offices.

Our company culture is built on collaboration. A nimble team where everyone has a voice and an opportunity to pursue their passions. Our skillsets are as diverse as our portfolio, but we all have a singular focus: partnership delivers the best results. We embrace an entrepreneurial approach to decision making, respect for others, a strong sense of integrity and the curiosity and courage to challenge the status quo.

With 81 hotels in our portfolio, representing 14 internationally recognized hotel brands, InnVest is the largest owner of hotels in Canada. In addition, our management team oversees the day-to-day activities of almost 70 hotels, making InnVest the largest operator of hotels in Canada. InnVest’s portfolio is geographically diverse with hotels from Vancouver, British Columbia to Corner Brook, Newfoundland. From roadside inns to luxury urban properties, we are also experientially diverse.

At InnVest, our mission is simple – to deliver outstanding guest experiences and superior returns on quality hospitality investment. A career at InnVest will provide you with unrivaled opportunities and invaluable exposure to Canada’s largest independently-owned and operated hotel portfolio.

Industry
Travel & Hospitality
Company Size
201-500 employees
Headquarters
Toronto, CA
Year Founded
Unknown
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