Director of Finance and Accounting

Marriott•West Palm Beach, FL

2d•$124,000 - $154,200

About The Position

The Director of Finance and Accounting serves as the property’s strategic financial business leader. The role develops and implements property-wide strategies to meet or exceed the needs and expectations of the brand’s target customers and property employees. It provides financial expertise to support the brand service strategy and initiatives while maximizing return on investment, and creates and executes a business plan aligned with the property’s and brand’s strategies, with a focus on financial and accounting activities and desirable financial results. The position leads financial planning, budgeting, forecasting, accounting controls, audits, reporting, cash flow and working capital management, and finance and accounting team development. It collaborates with owners, the general manager, the executive committee, department managers and other stakeholders to address financial priorities and operating issues. Marriott International describes itself as an equal opportunity employer committed to welcoming all and providing access to opportunity. JW Marriott is part of Marriott International’s luxury portfolio and highlights associate well-being, training, development, recognition, and a community-oriented work experience.

Requirements

A four-year bachelor’s degree in Finance and Accounting or a related major, plus 2 years of experience in finance and accounting or a related professional area; OR a master’s degree in Finance and Accounting or a related major, with no work experience required.

Responsibilities

Develop strategies to improve profit, assess costs and benefits, and explore business opportunities.
Analyze financial information and market trends; forecast sales and expenses; prepare annual budget plans and monitor actual sales against projections.
Analyze wage variances between actual budgets and forecasts to support efficient budget planning.
Develop, execute, and implement business plans, including the property’s annual operating budget and a comprehensive annual business plan aligned with company and brand direction.
Provide analytical support during budget reviews to identify cost-saving and productivity opportunities for property managers.
Implement controls to manage business risks and safeguard assets, improve operations, and support profitability.
Produce accurate forecasts and monitor operating departments’ actual and projected sales so operations can respond to business changes.
Lead and communicate strategic goals, focus, and owner priorities to subordinates; influence the executive team and property strategy through financial leadership.
Oversee internal, external, and regulatory audit processes; review audit issues for accuracy.
Assign clear accountability and appropriate authority to team members and department managers, and conduct annual performance appraisals with direct reports according to standard procedures.
Attend meetings and communicate with owners to understand their priorities and strategic focus; manage owner communications effectively.
Understand and meet stakeholder needs, including those of owners, corporate stakeholders, and guests; advise the general manager and executive committee on operating and financial issues.
Explain financial concepts clearly and persuasively to support desired behaviors; understand cash flow and owner priorities.
Manage property working capital and cash flow in accordance with brand standard operating procedures and owner requirements; facilitate management critique meetings.
Ensure profit-and-loss statements are accurately documented and monitor applicable taxes so they are current, collected, or accrued.
Submit reports on time and support achievement of performance, budget, and team goals; improve profit growth in operating departments.
Generate accurate and timely reports and presentations; reconcile balance-sheet accounts with supporting documentation and ensure profit-and-loss accuracy, including proper matching and account recording of costs.
Ensure compliance with management contract and reporting requirements, standard operating procedures, and local standard operating procedures.
Cross-train team members, administer property policies fairly and consistently, and ensure new hires complete department orientation and appropriate training.
Create development plans based on team members’ strengths, development needs, career aspirations, and abilities; conduct employee performance reviews and participate in hiring as appropriate.