JOB SUMMARY
Functions as the property’s strategic financial business leader. The position
champions, 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; 2 years 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
Engaging in Strategic Planning and Decision Making
•
Analyzes financial data and market trends.
• Analyzes information,
forecasts sales against expenses and creates annual budget plans.
•
Compiles information, analyzes and monitors actual sales against projected
sales.
• Develops means to improve profit, including estimating cost
and benefit, exploring new business opportunities, etc.
• 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.
• Thinks creatively and practically to develop, execute
and implement new business plans
• Protects and strengthens our
competitive advantage by advocating and supporting sound business and financial
decision making.
• Ensures a strong accounting and operational control
environment to safeguard assets, improve operations and profitability.
•
Implements a system of appropriate controls to manage business risks.
Leading Accounting Teams
• 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.
• Provides excellent leadership by assigning team members
and other departments managers' clear accountability backed by appropriate
authority.
• Holds staff accountable for successful performance.
Developing and Maintaining Finance and Accounting
Goals
• Supports property strategy from a finance
and accounting perspective
• Submits reports in a timely manner,
ensuring delivery deadlines.
• Ensures Profits and Losses are documented
accurately.
• Achieves and exceeds goals including performance goals,
budget goals, team goals, etc.
• Ensures appropriate corrections are made
to audit results if necessary.
• Reviews audit issues to ensure
accuracy.
Managing Projects and Policies
• Monitors all taxes that apply, ensuring that taxes are current, collected
and/or accrued.
• Generates and providing accurate and timely results
in the form of reports, presentations, etc.
• Ensures compliance
with standard and local operating procedures (SOPs and LSOPs).
• Oversees
internal, external and regulatory audit processes.
• Ensures compliance
with Standard Operating Procedures (SOPs).
• Ensures that the P&L
is accurate (e.g., costs are properly matched to revenue, costs are recorded
in the proper accounts).
Anticipating and Delivering
on the Needs of Key Stakeholders
• Understands and meets
the needs of key stakeholders (owners, corporate, guests, etc.).
•
Understands the owners' perspective and ROI expectations.
• Anticipates
and addresses owner needs and involves ownership in key decisions.
•
Leverages strong functional leadership and communication skills to influence
the executive team, the property's strategies and to lead own team.
•
Advises the GM and executive committee on existing and evolving
operating/financial issues.
• Facilitates critique meetings to review
information with management team.
• Attends owners meetings in order
to provide context and explanation for financial results.
• Attends
meetings and communicates with the owners, understanding the priorities
and strategic focus.
• Demonstrates a commitment to meeting the needs
of all key stakeholders.
• Communicates financial concepts in a clear
and persuasive manner that is easy to understand and drives desired
behaviors.
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.
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