Director of Finance
Apply NowCompany: Easton's Group of Hotels
Location: Markham, ON L3P 8P3
Description:
An exclusive opportunity awaits within Easton's Group of Hotels, Canada's esteemed hospitality leader, renowned for nurturing talent and fostering a culture of excellence. With 20 prestigious properties under our banner and a trajectory of expansion, this posting invites you to elevate your career in a dynamic and supportive environment. At Easton's, we champion Equity, Diversity & Inclusion (ED&I), valuing and amplifying every voice within our diverse workforce.
Benefits:
Overview
The Director of Finance is a key member of the Finance team that will assist the Chief Financial Officer to oversee reporting and analysis for the overall portfolio of real estate assets. Collaborating with the Senior Controller, Corporate, the Finance Director will aid in all corporate accounting, including yearly reviews and tax planning, and reporting for certain legal entities, assist with financings for new and existing assets and be a key liaison with lenders. Responsibilities will also include due diligence for acquisitions and help with Pro-forma modelling, and sensitivity analysis along with purchase and divestiture analysis. Lead the development and project accounting for certain key projects, including the monthly draw process. The role will provide significant exposure to senior executives and help chart the strategic growth for Easton's.
What you will be doing?
What are the requirements for this role
The statements in this job description are intended to describe the essential nature and level of work being performed. They are not intended to be ALL responsibilities or qualifications of the job.
Benefits:
- Comprehensive Health, Dental & Vision Care
- Discounts at IHG, Hilton & Marriott properties
- Home and Auto Insurance Discounts
- Employee Milestone Events
Overview
The Director of Finance is a key member of the Finance team that will assist the Chief Financial Officer to oversee reporting and analysis for the overall portfolio of real estate assets. Collaborating with the Senior Controller, Corporate, the Finance Director will aid in all corporate accounting, including yearly reviews and tax planning, and reporting for certain legal entities, assist with financings for new and existing assets and be a key liaison with lenders. Responsibilities will also include due diligence for acquisitions and help with Pro-forma modelling, and sensitivity analysis along with purchase and divestiture analysis. Lead the development and project accounting for certain key projects, including the monthly draw process. The role will provide significant exposure to senior executives and help chart the strategic growth for Easton's.
What you will be doing?
- Prepare financial statements with notes following accounting standards on a monthly/quarterly/semi-annual/annual basis as per company requirements.
- Perform cash flow analysis on an individual entity and portfolio basis Perform monthly analysis of the hospitality portfolio, including benchmarking.
- Assist in the preparation of detailed year-end working paper files for audit or review purposes.
- Assist with new and existing financing including review, drafting, and negotiations of credit agreements and collaborating with legal counsel.
- Assist in reviewing due diligence materials, and review of asset purchase & sale agreements for the acquisition of hospitality and real estate assets.
- Develop acquisition proformas and perform sensitivity analysis.
- Lead project accounting and monthly draw process for key projects
- Work with tax consultants and CFO for tax review and planning for entities
What are the requirements for this role
- Education: University degree.
- Minimum 7 years' experience, preferably in real estate. Exposure to financing; due diligence; acquisitions/divestitures, project accounting, and corporate tax an asset
- Strong computer skills, specifically in Excel with strong proficiency in developing proforma and financial modelling.
- CPA certification, CFA - preferred
The statements in this job description are intended to describe the essential nature and level of work being performed. They are not intended to be ALL responsibilities or qualifications of the job.