Executive Hotels & Resorts is seeking an experienced Vice President of Finance to join our senior leadership team. Executive is a privately held hospitality and real estate organization with a diverse portfolio of hotels and development projects across North America, known for its entrepreneurial culture, long-term ownership mindset, and hands-on leadership approach.

Job Description

Reporting to the CFO, the Vice President of Finance will oversee the strategic financial initiatives, fostering a culture of ownership and accountability. This pivotal role will significantly influence the company’s growth trajectory by consistently guiding and informing key business and financial decisions. The VP of Finance plays a crucial part in the company’s overall success by offering strategic insights across all financial matters.

Responsibilities

• Oversee financial controllers within our hotel portfolio. • Advise on financial implications and risk of business activities, providing recommendations for mitigation. • Ensure timely and accurate monthly financial statement reporting. • Develop and oversee the annual budgeting process, ensuring alignment with strategic goals and objectives, and providing guidance to controllers. • Manage year-end financial statements and review engagement processes. • Develop and implement key performance measures and conduct practice analysis. • Establish and maintain stable cash-flow management policies and procedures. • Manage all legal issues in collaboration with in-house legal counsel. • Oversee preparation and filing of statutory reporting and other financial reports. • Demonstrate a proven track record of facilitating progressive organizational change and development. • Utilize excellent judgment and creative problem-solving skills, including negotiation and conflict resolution. • Provide strong mentoring and coaching to a team with diverse levels of expertise. • Perform accounting and reporting functions for real estate development projects. • Collaborate with development and construction teams to establish schedules and budgets. • Prepare and present construction financing proposals and draws to lenders. • Maintain adequate supplier documentation. • Ensure adherence to project costs and time schedules by working closely with development and construction teams. • Conduct internal audits, with one visit to each location per year. • Coordinate with external auditors. • Analyze and interpret all financial reporting. • Establish and review financial and personnel policies and standards. • Liaise with corporate and hotel management staff to optimize operational results. • Monitor risk management policies and procedures. • Arrange financing and lines of credit. • Analyze investment projects. • Negotiate leases, union contracts, supplier contracts, and customer contracts. • Review IT solutions and options for various business units. • Monitor relevant tax and other legislation applicable to the business. • Fulfill other tasks and functions as required and requested by the CFO/CEO.

Requirements

• Minimum 10 years of senior leadership experience in finance and administration, including at least 5 years at the VP or Senior Controller level. • CPA designation required. • Experience with IFRS reporting standards. • Seasoned executive with extensive experience in private industry, preferably within owner-operated or privately held organizations. • Proven background in a B2B operating environment. • Real estate and development experience considered a strong asset. • Demonstrated hands-on experience preparing and overseeing financial statements. • Strong ability to analyze, interpret, and communicate financial information to executive, operational, and ownership stakeholders. • Demonstrated leadership, mentorship, and team-development capabilities. • Exceptional analytical, problem-solving, communication, and interpersonal skills.

Executive Hotels and Resorts

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