Frances Clancy Email & Phone Number

Brampton, On, Ca

Manage Regional Office Accounting team of 10 direct reports. Includes month end close process for Regional office, budget and forecast of 14 net admin units. Intercompany reconciliations and funding sources. Manage 17 shared services unit budgets that provide services and support the Canada region. Support VP Finance Business Partners’ East region ACCOMPLISHMENTS:Project managed the Delta properties onto Marriott systems, converting 40 plus properties on to 4-5 Marriott platforms including PMS, POS, GL System and Reporting in an 9 month period. Transition included mapping and integration of systems and thorough training of Finance team leaders on new platforms. Liaised with headquarters transition team to ensure project remains within its $17 Million budget while on tight timeline target.Project managed the launch and training of Concur Travel Expense program to the entire country including regional office and all managed properties. Project required input on system configurations, development of training materials, policies and procedures.

Toronto, Ontario, Ca

Provide support and guidance to hotel accounting teams, including continuous development and maintenance to accounting systems, PMS, POS, Payroll and Time & Attendance while ensuring in compliance to GAAP, USALI, Government regulations and brand standards as set by the Operations Accounting team. Facilitate the training and finance systems implementations. Regularly perform audits of processes, statistical and financial information, ensuring consistency and accuracy while adhering to brand guidelines. Perform specialized audits when properties are not in compliance or have been subject to fraudulent activity.Manage all finance components of property transitions- additions to brand, property sales and/or purchases – while working closely with development and asset management teams. Create and maintain transition and operating budgets. Cultivate owner relationships throughout the transition process, acting as the main Finance liaison on behalf of Corporate. Recent transitions include: Delta Sault Ste Marie, Delta Ottawa, Delta Waterloo and Delta Toronto. Travel nationwide to ensure the property operates efficiently and utilizes the tools provided by corporate office. Acting Controller when/where required. ACCOMPLISHMENTS:Finance lead in brand's achievement to PCI compliance. Co wrote and co developed policies and processes, including managing rollout and administration of policies. Ensured property adherence through regular audits. Co Chair to the PCI committee.Worked alongside an audit firm in a review which resulted in a $1.1M HST/GST recovery benefiting all properties. Quickly wrote new processes and launched training materials, avoiding potential future financial losses.Initiated and managed changes to accounting processes to be compliant to USALI’s latest edition. Annually co-organize and guest speak at the brand’s Controller Conferences

Toronto, Ontario, Ca

Fully transition 6 properties simultaneously including Finance systems implementation consisting of Accounting GL system (AccPac), Payroll (Ceridan) and Reporting (Hyperion). Implementation included systems configuration, designing property specific reporting and system tools, mapping historical data, facilitating accounting team training and mentoring Controllers and assistants throughout brand accounting cycle requirements. Transition also included working with property team leaders in the deployment and administration of Finance policy and procedures as well as development of local standard operating procedures as required.

Dubai, Dubai, Ae

Regularly work with hotel accounting teams worldwide to provide support, development and maintenance to accounting systems and PMS, ensuring statistical and financial information is being reported accurately. Audit, test and ensure properties are in adherence to the guidelines set by the company for compliance to Sarbanes-Oxley (SOX 404). Conducted regular remediation calls or onsite retraining visits when not in compliance.Execution of property finance transitions worldwide, testing of cycles and review of monthly analytics. Opened/transitioned: Raffles Dubai, Swissotel Foshan, Fairmont Le Montreux Palace, Fairmont Algonquin, Fairmont HeliopolisTravel to properties worldwide to ensure the property operates efficiently and is utilizing the tools provided by corporate office.ACCOMPLISHMENTS:Managed mapping system for all PMS transaction codes to GL accounts, managing the implementations to new builds and converting properties for all brands.Managed the accounting system conversion from legacy software to AccPac

-Operations Analysis, Annual Budget preparation, Regular 90 day & 12 Month Forecasting and Cash Flows-Capital Asset Management and Investments-Establish Corporate Policies, perform internal audits-Management & supervision a staff of seven and assist in the overseeing of operations -Month End Financial Statement Reporting & Analysis, Year End Reporting, Audit & Tax-Liaise with VP of Finance and President on a regular basisACCOMPLISHMENTS:-Facilitated in $1.5M Union contract negotiations as well as provided detailed financial analysis impact of proposals.-Conducted group insurance audit and recovered over $9 000 uncollected benefits.-Primary contact to Grant Thornton forensic audit team in the recovering and reconciliation of a $40 000 account. -Installed and maintain $8M of Capital Assets to WorthIt inventory system. -Obtained experience in the acquisition and accounting merger of the Four Points Hotel, Ottawa (2005)

- Month End Closing- Account Reconciliation - Forecast and Budgeting- Accounts Receivable Management

- Accounts Receivables- Accounts Payables and Cash - Payroll

Hospitality Management

Bach. Of General Studies

Level 5/6, Cga