Director of Finance

JOB SUMMARY

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

• Develops 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.


• Thinks creatively and practically to develop, execute and implement
  new business plans
• Creates the annual operating budget
  for the property.
• Creates the annual property allocations
  budget for the residential component.
• Provides analytical
  support during budget reviews to identify cost saving and productivity
  opportunities for property managers.
• Implements a system
  of appropriate controls to manage business risks.
• Verifies
  a strong accounting and operational control environment to safeguard assets,
  improve operations and profitability.
• Analyzes financial
  data and market trends.
• Leads 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.
• Validates timely month end billing
  of property allocation to residential component.
• In
  properties with optional rental program, submits timely and accurate production
  of unit owner rental statements.

Leading Finance & 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.
• Leverages strong functional leadership
  and communication skills to influence the executive team, the property's
  strategies and to lead own team.
• Oversees internal,
  external and regulatory audit processes.
• Provides
  excellent leadership by assigning team members and other departments managers'
  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.).
• Advises the GM
  and executive committee on existing and evolving operating/financial
  issues.
• 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

• Verifies 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.
• Validates that the P&L
  is accurate (e.g., costs are properly matched to revenue, costs are recorded
  in the proper accounts).
• Verifies compliance
  with management contract and reporting requirements.
• In
  properties with optional rental program, ensures complete with rental program
  agreements
• Complies with all Standard and Local Operating
  Procedures (SOPs and LSOPs).

Managing
and Conducting Human Resource Activities

• Verifies team members are cross trained to support successful daily
  operations.
• Administers property policies fairly
  and consistently.
• Facilitates new hire participate in
  the department’s orientation program.
• Validates 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.
• Conduct performance review
  process for associates.
• 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.

At more than 100 award-winning properties
worldwide, The Ritz-Carlton Ladies and Gentlemen create experiences so
exceptional that long after a guest stays with us, the experience stays
with them. Attracting the world’s top hospitality professionals who curate
lifelong memories, we believe that everyone succeeds when they are empowered
to be creative, thoughtful and compassionate.