Director of Finance and Accounting

Marriott•Miami Beach, FL

5h•$164,000 - $211,500

About The Position

The Director of Finance and Accounting functions as the property’s strategic financial business leader. This role develops and implements property-wide strategies that meet or exceed the needs and expectations of the brand’s target customers and property employees. The position provides financial expertise to support the implementation of brand service strategies and initiatives while maximizing return on investment, and creates and executes a business plan aligned with property and brand strategy, focused on financial and accounting activities and desirable financial results. The role leads financial planning, budgeting, forecasting, accounting controls, audit processes, reporting, cash flow and working capital management, and finance and accounting teams. It works closely with property leadership and owners, advises the General Manager and executive committee on financial and operating issues, and supports stakeholders through clear communication and accurate, timely financial information. The position also oversees team development, training, performance reviews, and hiring activities as appropriate.

Requirements

Bachelor’s degree in Finance and Accounting or a related major and 2 years of experience in finance and accounting or a related professional area; OR
Master’s degree in Finance and Accounting or a related major; no work experience required.

Responsibilities

Develop strategies to improve profit, estimate costs and benefits, and explore business opportunities.
Analyze financial information and market trends; forecast sales and expenses; and create annual budget plans.
Monitor actual sales against projected sales and analyze wage variances against forecasts.
Create the property’s annual operating budget and provide analytical support during budget reviews to identify cost-saving and productivity opportunities.
Develop, implement, and monitor business plans aligned with the company’s, brand’s, and property’s strategic direction.
Produce accurate forecasts and monitor operating departments’ actual and projected sales so operations can respond to changes in the business.
Establish controls to manage business risks and safeguard assets, improve operations, and support profitability.
Lead and communicate financial and strategic priorities to the finance team and influence the executive team and property strategy.
Oversee internal, external, and regulatory audit processes and review audit issues for accuracy.
Assign clear accountability and appropriate authority to team members and department managers, and conduct annual appraisals for direct reports.
Attend meetings and communicate with owners; understand and address the needs and priorities of owners, corporate stakeholders, and guests.
Advise the General Manager and executive committee on current and emerging operating and financial issues.
Communicate financial concepts clearly and persuasively to support desired behaviors.
Manage property working capital and cash flow in accordance with brand standard operating procedures and owner requirements.
Facilitate critique meetings to review information with the management team.
Ensure profit and loss statements are accurately documented, taxes are current and properly collected or accrued, and reports are submitted on time.
Support achievement of performance, budget, and team goals and improve profit growth in operating departments.
Generate accurate and timely reports and presentations; reconcile balance-sheet accounts with appropriate supporting documentation; and ensure the P&L is accurate.
Ensure compliance with management contract and reporting requirements and with standard and local operating procedures.
Cross-train team members and administer property policies fairly and consistently.
Ensure new hires participate in department orientation and receive appropriate role training.
Create development plans tailored to team members’ strengths, development needs, career aspirations, and abilities; conduct employee performance reviews and participate in hiring as appropriate.