JOB SUMMARY
Develops and implements property-wide strategies that deliver products
and services to meet or exceed the needs and expectations of the brand’s target
customer and property employees. The position provides the financial expertise
to enable the successful implementation of the brand service strategy and brand
initiatives while maximizing the return on investment.
In addition, creates and executes a business plan that is aligned with
the property and brand’s business strategy and focuses on the execution
of financial and accounting activities and the delivery of desirable financial
results.
CANDIDATE PROFILE
Education and Experience
• 4-year bachelor's degree
in Finance and Accounting or related major; 1 year experience in the finance
and accounting or related professional area.
OR
• Master's degree
in Finance and Accounting or related major; no work experience required.
CORE WORK ACTIVITIES
Assists
in Conducting Strategic Planning and Decision Making
• Assists
in the development of means to improve profit, including estimating cost
and benefit, exploring new business opportunities, etc.
• Analyzes
information, forecasts sales against expenses and creates annual budget
plans.
• Compiles information, analyzes and monitors actual sales against
projected sales.
• Analyzes differences between actual budget wages
and forecasted wages for more efficient budget planning.
• Identifies
the underlying principles, reasons, or facts of information by breaking down
information or data into separate parts.
• Assists in the creation of
the annual operating budget for the property.
• Provides analytical
support during budget reviews to identify cost saving and productivity
opportunities for property managers.
• Assists in the implementation of
a system of appropriate controls to manage business risks.
• Ensures
a strong accounting and operational control environment to safeguard assets,
improve operations and profitability.
• Analyzes financial data
and market trends.
• Assists in the development and implementation of
a comprehensive annual business plan which is aligned with the company’s
and brand’s strategic direction.
• Provides on going analytical support
by monitoring the operating department’s actual and projected sales.
•
Produces accurate forecasts that enable operations to react to changes in
the business.
Leading Finance & Accounting Team
• Utilizes interpersonal and communication skills to lead,
influence, and encourage others; advocates sound financial/business decision
making; demonstrates honesty/integrity; leads by example.
• Communicates
the strategic goals, the focus and the owner priorities to subordinates in
a clear and precise manner.
• Oversees internal, external and regulatory
audit processes.
• Provides excellent leadership by assigning team
members clear accountability backed by appropriate authority.
• Conducts
annual performance appraisals with direct reports according to Standard
Operating Procedures.
Anticipating and Delivering on
the Needs of Key Stakeholders
• Attends meetings
and communicating with the owners, understanding the priorities and strategic
focus.
• Understands and meets the needs of key stakeholders (owners,
corporate, guests, etc.).
• Communicates financial concepts in a clear
and persuasive manner that is easy to understand and drives desired
behaviors.
• Demonstrates an understanding of cash flow and owner
priorities.
• Manages communication with owners in an effective
manner.
• Manages property working capital and cash flow in accordance
with brand SOPs and owner requirements.
• Facilitates critique meetings
to review information with management team.
Developing
and Maintaining Finance and Accounting Goals
• Ensures Profits
and Losses are documented accurately.
• Monitors all taxes that apply,
ensuring that taxes are current, collected and/or accrued.
• Submits
reports in a timely manner, ensuring delivery deadlines.
• Develops
and supports achievement of performance goals, budget goals, team goals,
etc.
• Improves profit growth in operating departments.
• Reviews
audit issues to ensure accuracy.
Managing Projects
and Policies
• Generates and provides accurate and timely
results in the form of reports, presentations, etc.
• Reconciles balance
sheet to ensure account balances are supported by appropriate documentation
in accordance with SOPs.
• Ensures that the P&L is accurate (e.g.,
costs are properly matched to revenue, costs are recorded in the proper
accounts).
• Ensures compliance with management contract and reporting
requirements.
• Ensures compliance with standard and local operating
procedures (SOPs and LSOPs).
• Ensures compliance with Standard Operating
Procedures (SOPs).
Managing and Conducting Human
Resource Activities
• Ensures team members are cross-trained
to support successful daily operations.
• Ensures property policies
are administered fairly and consistently.
• Ensures new hires participate
in the department’s orientation program.
• Ensures new hires receive
the appropriate new hire training to successfully perform their job.
•
Creates appropriate development plans which develop team members based on their
individual strengths, development needs, career aspirations and abilities.
• Conducts performance review process for employees
• Participates
in hiring activities as appropriate.
At
Marriott International, we are dedicated to being an equal opportunity employer,
welcoming all and providing access to opportunity. We actively foster
an environment where the unique backgrounds of our associates are valued
and celebrated. Our greatest strength lies in the rich blend of culture, talent,
and experiences of our associates. We are committed to non-discrimination on any
protected basis, including disability, veteran status, or other basis protected
by applicable law.
EDITION Hotels combine the visionary
genius of boutique hotelier Ian Schrager, the service delivery of a world-class
luxury hotel, and the global reach of Marriott International to create
an entirely new experience in the world of hospitality. EDITION delivers
the best of both worlds in a delicate balancing act – polish with personality,
perfectionism with individualism, and comfort with charisma and charm.
The brand targets sophisticated, knowledgeable consumers who understand quality,
originality, design, and service excellence, but who want it without limitations
– breaking the bounds of convention and demanding an attitude and a feeling
wrapped in a package that showcases the exceptional.