Job descriptionIndustry:
Hospitality (Multi-Property Portfolio) & Real Estate Development
Location:
Whitby, ON
Reports To:
Chief Executive Officer (CEO)
Position Overview The Chief Financial Officer (CFO) is a senior executive responsible for leading the financial strategy, capital structure, investor relations, and operational financial performance of a growing, vertically integrated hospitality and real estate platform.
This role oversees multi-property hospitality operations, asset management, real estate development, and investment structures. The CFO will act as a strategic partner to the CEO and executive team, driving profitability, ensuring financial discipline, and leading
capital raising, investor engagement, and funding strategies
to support aggressive growth.
The ideal candidate brings
deep hospitality experience , along with a proven track record in
investor relations, fundraising, and capital markets execution .
Key Responsibilities 1. Strategic Financial Leadership
Develop and execute financial strategy aligned with organizational growth and expansion objectives
Serve as a key advisor to the CEO on capital allocation, ROI optimization, and long‑term planning
Lead financial forecasting and modeling (short‑ and long‑term, including 5–10 year projections)
Support acquisitions, new developments, and phased property openings
2. Multi‑Property & Hospitality Operations Finance
Oversee financial performance across all hospitality assets using USALI standards
Monitor and optimize key metrics including ADR, RevPAR, occupancy, GOP, and EBITDA
Standardize financial reporting, KPIs, and dashboards across all properties
Partner with operations teams to improve margins and drive cost efficiencies
Implement cost control frameworks (labour ratios, COGS, departmental profitability)
3. Real Estate Development & Project Finance
Lead financial structuring of development projects, renovations, and repositioning initiatives
Manage development budgets, capital expenditures, and lender reporting
Conduct feasibility studies and sensitivity analyses (occupancy, ADR, cost variables)
Collaborate with construction, design, and project management teams
Ensure projects are delivered on budget and aligned with pro forma returns
4. Capital Markets & Fundraising
Lead all
capital raising activities , including debt and equity financing (senior, mezzanine, LP/GP structures, syndications)
Develop and execute
fundraising strategies
to support acquisitions, developments, and platform growth
Build and manage relationships with
banks, private lenders, institutional investors, and capital partners
Own investor relations, including:
Investor communications and reporting
Quarterly performance updates
Return metrics (IRR, equity multiples)
Support structuring and scaling of
investment vehicles and partnership models
5. Treasury & Cash Flow Management
Oversee cash flow, liquidity, and working capital across multiple entities
Optimize capital allocation and debt servicing strategies
Manage intercompany transactions and fund flows between operating, development, and investment entities
6. Financial Reporting, Compliance & Controls
Ensure accurate, timely financial reporting (monthly, quarterly, annual)
Maintain compliance with accounting standards (ASPE/IFRS), tax regulations, and industry requirements
Oversee audits, internal controls, and risk management frameworks
Liaise with external auditors, financial institutions, and stakeholders
7. Systems, Data & Process Optimization
Implement and scale financial systems (ERP, PMS, accounting platforms)
Build integrated financial infrastructure and real‑time reporting dashboards
Establish standardized processes for budgeting, forecasting, and reporting
Drive automation, data accuracy, and operational efficiency
8. Team Leadership & Cross‑Functional Partnership
Build and lead a high‑performing finance team (controllers, property accountants, FP&A)
Establish SOPs for financial operations and reporting cycles
Partner with operations, sales, and development teams to drive accountability and performance
Foster a culture of financial discipline and continuous improvement
Key Performance Indicators (KPIs)
EBITDA and GOP margin performance
Accuracy of forecasts vs. actual results
Development projects delivered within budget (±5%)
Cash flow stability and liquidity metrics
Debt service coverage ratios (DSCR)
Investor return metrics (IRR, equity multiples)
Success of capital raising and funding initiatives
Experience
10+ years of progressive finance leadership experience (CFO, VP Finance, or equivalent)
Strong hospitality experience
(hotels, resorts, or multi‑property operations)
Proven experience in investor relations and capital raising / fundraising
Demonstrated success managing
multi‑entity or multi‑property financial operations
Experience in
real estate development, project finance, and structured financing
Technical Skills
Deep understanding of hospitality KPIs (ADR, RevPAR, occupancy, etc.)
Advanced financial modeling, forecasting, and investment analysis
Experience with ERP systems, PMS platforms, and financial reporting tools
Strong knowledge of accounting standards (IFRS/ASPE) and regulatory compliance
Leadership & Attributes
Strategic thinker with strong business and investment acumen
Hands‑on leader comfortable operating at both strategic and operational levels
Excellent communication and stakeholder management skills
High level of integrity, accountability, and attention to detail
Preferred
CPA, CFA, or equivalent designation
Experience in high‑growth or private equity‑backed environments
Background in acquisitions, integrations, or portfolio expansion
Compensation & Benefits
Base Salary:
$150,000 – $190,000
Performance Bonus:
10–40%+ (tied to growth, capital raising, and financial performance)
Total Compensation:
~$190,000 – $300,000+
Long‑term incentives (phantom equity / profit sharing)
Comprehensive benefits package
Why Join Us?
Step into a true CFO role with ownership over
strategy, capital, and growth
Lead
fundraising, investor relationships, and deal execution
Build and lead finance across a growing hospitality and development platform
Work directly with ownership on strategy, capital, and expansion
Join a high‑growth environment with strong upside potential
Cottage Dream Vacations is committed to an inclusive, barrier‑free recruitment and selection process. If you require an accommodation at any stage of the hiring process, please let us know and we will work with you to meet your needs.
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