Celebrating its 21st anniversary this year, The Drake is a growing Canadian hospitality brand focused on lifestyle hotels, food + drink and special events. We're more than a place to sleep, eat + drink; we believe culture and community matter and are committed to an exceptional hospitality experience delivered in our signature style; one that is genuine, personal, memorable and embraces the energy of discovery. We value honesty and spontaneity because that's the stuff of real connection and believe that hospitality is an act of care. The Drake Hotel (Toronto), Drake Devonshire Inn (Wellington, Prince Edward County), and Drake Motor Inn (Wellington, Prince Edward County) are each reflective of their respective neighbourhoods as inclusive hubs for unique and diverse experiences through art, culture and hospitality with great seasonal menus, a robust cocktail list, carefully curated curiosities, and genuine hospitality excellence for all.

The Drake Hotel Properties, a renowned Canadian hospitality brand, is currently seeking a highly skilled and motivated individual to join our team as an Accounting Manager, reporting to the Chief Executive Officer. With multiple properties, including The Drake Hotel, Drake Devonshire, Drake Motor Inn, and Drake Underground, we have established ourselves as leaders in the hospitality industry, providing exceptional experiences and promoting values-driven hospitality.

As the Accounting Manager, you will play a crucial role in managing and overseeing the financial operations of our organization. You will be responsible for financial planning and analysis, budgeting, financial reporting, and ensuring compliance with accounting standards and regulations. You will work closely with the executive team and department heads to provide financial insights and support strategic decision-making.

This position will require a combination of hands-on productivity and management level planning and oversight. Your primary responsibility is the timely and accurate completion of financial statements and management reporting for stakeholders throughout the organization. You will ensure all existing accounting policies, procedures and processes are adhered to and in accordance with best practices. You will establish financial regimen by developing and implementing systems for collecting, analyzing, verifying and reporting financial information. Other accountabilities include, but not limited to:

• Prepare and review month-end financial statements.
• Present monthly financial statement to operational stakeholders.
• Prepare and review all balance sheet reconciliation on a monthly basis.
• Review and approve payroll and sales commission. Record payroll journals.
• Prepare and upload all month end journals for assigned property including accruals, allocations, period end adjustments, payroll, benefits, etc..
• Support annual budgeting efforts. Prepare, Coordinate and ensure budget is completed timely.
• Leading and participating in departmental projects such as process improvements, launch/integration of new technology & systems and internal audit initiatives.
• Prepare and report monthly cashflow. Monitor and manage cashflow requirements.
• Prepare and report financial forecasting.
• Management and co-ordination of annual audit/review tasks.
• Government reporting and compliance (WSIB, HST).
• Lead and guide accounting team.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field
• Minimum of 5 years of experience in a similar role, preferably in the hospitality industry
• CPA designation or working towards is an asset
• Strong knowledge of accounting principles, standards, and regulations
• Experience with financial planning, budgeting, and financial analysis
• Proficient in financial reporting and analysis tools
• Excellent leadership and team management skills
• Ability to develop and maintain effective relationships with internal and external stakeholders
• High level of integrity and ethical conduct
• Detail-oriented with strong analytical and problem-solving skills
• Excellent communication and presentation skills
• Ability to work in a dynamic, entrepreneurial environment

Benefits

We pride ourselves in providing strong leadership and development opportunities for passionate hospitality professionals who are looking to build rewarding, long-term careers. Drake offers a competitive compensation and benefits package, employee discounts, training + development support and many other unique perks as a part of joining the Drake team.

The Drake is an equal opportunity employer. We are committed to fostering a positive, supportive, and creative environment at Drake Hotel Properties that promotes equity, inclusiveness and diversity. We welcome job applications from candidates of all backgrounds including, but not limited to, BIPOC (Black, Indigenous, People of Colour); refugees, newcomers and immigrant persons; two-spirit, LGBT2Q+ and gender non-binary persons, and persons with disabilities. Please advise us of any accommodations needed to ensure you can access and complete the submissions process.