Director of Finance and Accounting

Marriott•The Woodlands, TX

11h•$140,000 - $180,000

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 and a business plan aligned with the property’s and brand’s business strategies, supporting customer and employee needs while maximizing return on investment and delivering desirable financial results. It provides financial expertise for implementing brand service strategies and initiatives. The position leads financial planning and analysis, including preparing annual operating budgets, forecasting, monitoring sales and expenses, identifying cost-saving and productivity opportunities, managing business risks, and safeguarding assets. It oversees finance and accounting operations, internal, external and regulatory audits, accurate financial reporting, taxes, working capital and cash flow, and compliance with management contracts and operating procedures. The role also leads and develops the finance team, communicates financial and strategic priorities to stakeholders, advises the General Manager and executive committee on operating and financial matters, and supports human resources activities including onboarding, training, performance reviews and team development.

Requirements

A four-year bachelor's degree in Finance and Accounting or a related major, plus two 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; no work experience is required.

Responsibilities

Develop strategies and identify opportunities to improve profit, including evaluating costs and benefits and exploring new business opportunities.
Analyze financial information, market trends, sales, expenses and budget variances; prepare forecasts and annual budget plans.
Create the property’s annual operating budget and lead development and implementation of an annual business plan aligned with company and brand strategy.
Provide analytical support during budget reviews and identify cost-saving and productivity opportunities for property managers.
Implement appropriate controls to manage business risks and safeguard assets, operations and profitability.
Lead and influence the finance and accounting team, communicate strategic goals and owner priorities, delegate accountability and conduct annual performance appraisals.
Oversee internal, external and regulatory audit processes.
Attend meetings and communicate with owners; understand stakeholder needs and priorities; advise the General Manager and executive committee on operating and financial issues.
Explain financial concepts clearly, manage owner communications, and manage property working capital and cash flow in accordance with brand procedures and owner requirements.
Facilitate critique meetings with the management team.
Ensure accurate profit and loss documentation, monitor applicable taxes, submit timely reports, and support achievement of performance, budget and team goals.
Generate accurate and timely reports and presentations; reconcile balance-sheet accounts with supporting documentation; and ensure the profit and loss statement is accurate.
Ensure compliance with management contracts, reporting requirements, and standard and local operating procedures.
Ensure team members are cross-trained, property policies are administered fairly, and new hires complete orientation and appropriate training.
Create development plans based on team members’ strengths, needs, aspirations and abilities; conduct performance reviews and participate in hiring as appropriate.