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Full Job Description
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
• 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.
• 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.
• Ensures 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.
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
• 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.
• Conduct
performance review process for employees.
• Participates in
hiring activities as appropriate.
The salary range for this
position is $138,000 to $178,000 annually. Marriott offers a bonus
program, comprehensive health care benefits, 401(k) plan with up to 5%
company match, employee stock purchase plan at 15% discount, accrued
paid time off (including sick leave where applicable), life insurance,
group disability insurance, travel discounts, adoption assistance,
paid parental leave, health savings account (except for positions
based out of or performed in Hawaii), flexible spending accounts,
tuition assistance, pre-tax commuter benefits, other life and work
wellness benefits, and may include other incentives such as stock
awards and deferred compensation plans. Benefits and incentive
compensation may be subject to generally applicable eligibility,
waiting period, contribution, and other requirements and conditions.
The compensation and benefits information is provided as of
the date of this posting. Marriott reserves the right to modify
compensation and benefits at any time, with or without notice, subject
to applicable law.
Marriott
International is an equal opportunity employer. We believe in hiring a
diverse workforce and sustaining an inclusive, people-first culture.
We are committed to non-discrimination on any protected basis, such as
disability and veteran status, or any other basis covered under
applicable law. Marriott International considers for employment
qualified applicants with criminal histories consistent with
applicable federal, state and local law.
