Residence Finance Manager
4 days ago
About Four Seasons
Four Seasons is built on a single principle that has guided us since our inception – the Golden Rule. We believe that treating people with respect, kindness and empathy is the key to delivering exceptional service to our guests and creating a positive work environment for our employees.
We have been recognized by FORTUNE Magazine's 100 Best Companies to Work for every year since the survey began in 1998, and we strive to maintain this high standard of excellence through continuous learning, growth and innovation.
The Role
We are seeking an experienced Residence Accountant to join our team at Four Seasons Hotels and Resorts. As a key member of our finance team, you will be responsible for safeguarding the residence asset and financial resources, ensuring that the homeowner's interests are protected while maintaining the reputation of Four Seasons as a property manager.
You will assist the Regional Director of Finance in administering all financial aspects of the residential operation, ensuring compliance with local and corporate policies and procedures, and maintaining the financial and legal integrity of the business.
Key Responsibilities:
- Day-to-Day Operations: Handle the day-to-day finance operations of the Residence, including preparing management reports and analyses to support decision-making.
- Financial Control: Ensure appropriate financial control in compliance with company policies and procedures.
- Legal Contracts: Review all legal contracts related to the residence, ensure their renewal, and maintain their safekeeping.
- Vendors Management: Handle vendors payment and periodic vendors account reconciliation.
- Funds Management: Manage funds, prepare monthly reconciliations for all balance sheet accounts, and ensure compliance with policy.
- Accounts Receivable: Monitor the status of Accounts Receivable aging and billing collection of service charges and other charges in accordance with governing documents and local standards.
- Capital Reserve: Maintain a capital reserve account for the replacement of FF&E, plant, and machinery, and participate in longer-term planning for infrastructure replacement as necessary.
- Period Closing: Prepare monthly, quarterly, and annual financial reports, and present required financial statements to Residence owners during general meetings.
- Payroll Processing: Process payroll for residence accountant employees.
- ME Entries: Post all ME entries (bank, assessments, fees, accruals) of Residence entity.
- P&L Review: Review P&L of Residences with DOF and DORES.
Benefits:
- Global Opportunities: Opportunities to build a successful career with global potential.
- Diversity and Inclusion: Unique strong culture with diversity of 50 different nationalities.
- Living Accommodation: Living accommodation in a high-quality, well-resourced apartment.
- Training and Development: Excellent training and development opportunities.
- Employee Recognition: Employee recognition programs.
- Travel Benefits: Complimentary nights at FS Hotels Worldwide.
- Home Leave Tickets: Paid annual home leave tickets.
- Food and Transportation: Complimentary meals in employee restaurants and free transportation to work.
- Medical Coverage: Medical coverage.
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