Chief Financial Officer (CFO)

Location
Niagara Falls, Ontario
Salary
Competitive Salary and Benefits Package
Posted
September 3, 2024
Closes
October 3, 2024
Job Type
Full-time
CPA status
CPA Member

Canadian Niagara Falls Hotels Inc. is a leading hospitality company that owns and operates a portfolio of premier hotels in one of the most iconic tourist destinations in Canada. We are committed to providing exceptional guest experiences through our world-class accommodations, dining, and entertainment offerings. As we continue to grow and enhance our operations, we are looking for a strategic and dynamic Chief Financial Officer to join our executive team.

 

Position Summary: Reporting to the COO, the CFO is a key leadership role responsible for overseeing all financial aspects of the company, including financial planning, management of financial risks, record-keeping, and financial reporting. Organization goals include growing revenue, controlling/reducing costs, and assisting in achieving customer service targets. The ideal candidate will bring a strategic mindset to the role, capable of not only managing the company's finances but also contributing to overall strategy and growth initiatives. This position reports directly to the COO and works closely with other senior leaders to drive financial performance and operational excellence.

 

Specific responsibilities and goals include:

  • Develop and implement financial strategies aligned with the company’s goals.
  • 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.
  • Manage cash flow and forecasting; develop a reliable cash flow projection process and reporting mechanism.
  • Lead the budgeting process, including the development of models for revenue, expenses, and capital expenditures.
  • Work with department heads to monitor performance and identify areas for financial improvement.
  • Oversees and responsible for Finance, IT, Security departments.
  • Analyze, recommend and drive operating managers to achieving and exceed targets.
  • Participate in monthly departmental meetings and provide meaningful analysis and facilitate actionable next steps for both finance and operations
  • Oversee the finance department to ensure proper maintenance of all accounting systems and function; supervise company's finance staff.
  • Evaluate and oversee all benefits negotiations, ensuring the competitiveness of packages.
  • Serve as a key point of contact for external auditors; manage preparation and support of all external audits.
  • Provide reporting that summarizes business unit performance of all assets/operations.
  • Coordinate with legal counsel and ensure that the company complies with all legal and regulatory requirements regarding finances.
  • Engage in ongoing cost reduction analyses in all areas of the company.
  • 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.

Qualifications:

  • Bachelor’s degree in Finance, Accounting, or related field; and CPA designation.
  • Minimum of 10 years of relevant experience in financial management and accounting, ideally in the hospitality industry.
  • Previous experience with a privately owned company preferred.
  • Strong leadership skills and experience in managing teams.
  • 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.

 

What We Offer:

  • Competitive salary and benefits package.
  • Dynamic and supportive work environment.
  • Opportunities for professional growth and development.
  • Travel discounts around the world
  • The chance to be a part of a leading company in one of the most beautiful locations in Canada.

 

 

CNH Inc is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture, and welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.