Director of Finance, Resort Operations - HVO

Hyatt Vacation Ownership

25d

About The Position

The Director of Finance and Accounting, (DOF), Resort Operations (Ops) is a pro-active and trusted business leader who provides financial and accounting expertise to Resort Operations on-site leaders to make timely and informed business decisions, optimize business value, and manage financial risk. The DOF is responsible for financial compliance and adherence of the management agreement with the nonprofit property owners’ association and the financial and accounting reporting and analysis of the on-site ancillary business operations. The DOF develops, implements and supports the delivery of financial products and services to meet the needs of the organization. The DOF ensures compliance with Generally Accepted Accounting Principles (GAAP), corporate policies and standards e.g., MVW-66 and Sarbanes Oxley. They oversee day to day operations by providing leadership, guidance and support to the sites F&A team by directing, planning, managing and executing against deliverables in a timely fashion. The DOF’s four core work activities include, but not limited to, leading a team of on-site Finance & Accounting (F&A) professionals, business partnering with various stakeholders to execute and meet financial objectives, financial statement review and analysis, and implementation and compliance of accounting controls.

Requirements

• Bachelor's degree in Finance or Accounting preferred, or related major; 6-8 years related work experience in finance and accounting; or,
• High School Diploma/GED and equivalent work experience
• Knowledge of P&L statements, operating budgets, forecasting and scheduling, and the reporting of financial data.
• The ability to recognize, research, and resolve discrepancies in financial data, and create flow charts on main accounting and control cycles (A/R, AP, Cash) to facilitate understanding of key control points.
• The ability to perform accounting procedures, proficiently use financial systems technology, and accurately complete general ledger entries; knowledge of database structures in order to obtain financial queries; establish financial statements and forecasts with a good understanding the financials flows and the organizational needs.
• The ability to create and maintain spreadsheets as well as analyze and summarize financial data using appropriate financial software.
• Knowledge of general accounting principles and current company accounting policies and procedures. This includes general accounting and financial reporting, auditing, accounts payable, and accounts receivable.
• Knowledge of local Generally Accepted Accounting Principles (local GAAP), Marriott Vacations Worldwide Policies, and Standard Operating Procedures (SOPs) and controls.
• Ability to read and understand basic contract elements, e.g. royalty fees, management agreement, terms, priorities and profit distribution.
• The ability to perform auditing procedures, including the ability to recognize, research, and resolve discrepancies in financial data.
• Knowledge of local payroll reporting and tax requirements, ability to effectively record wages/tax liabilities, and operate payroll software applications, including understanding the features and functions of the applications. (as applicable to site)
• Knowledge of Accounts Payable and Accounts Receivable processes, including knowledge of sub-ledger reconciliation and controls.
• Uses basic computer hardware and software (e.g., personal computers, word processing software, Internet browsers, etc.).
• Demonstrates ability to add, subtract, multiply, or divide quickly, correctly, and in a way that allows one to solve work-related issues.
• Demonstrates ability to listen to and understand information and ideas presented through spoken words and sentences.
• Demonstrates understanding of written sentences and paragraphs in work related documents.
• Communicates effectively in writing as appropriate for the needs of the audience.

Nice To Haves

• Microsoft Excel and experience with general ledger systems preferred.

Responsibilities

• Utilize effective relationship building skills with a broad range of business partners to gain trust, positively impact decision outcomes, and mitigate risk to the organization.
• Make quality business decisions that thoughtfully weigh the facts and understand the interests of stakeholders involved
• Drive comprehensive annual business plans for property owners’ association and on-site ancillary operations, including action plans to meet financial objectives
• Manage cash flow and profit forecasts that facilitate timely adjustments to the business by stakeholders
• Responsible for providing direction and ensuring the integrity of the financial reporting and accounting operations through a strong internal controls environment, including the compliance to company standards and policies, General Accepted Accounting Principles, and Sarbanes-Oxley requirements
• Provide oversight to audit processes by conducting property level self-assessments and assisting with internal, tax, and regulatory audits
• Prepare data and information to auditors for annual property owners’ association external audit, including clear and concise variance explanations demonstrating a thorough understanding of the financial statements
• Knowledge of property owners’ association governing documents and state statutes and rules as it relates to association financial management
• Motivate, coach, train, and recruit a team of on-site F&A professionals
• Provide hands-on, real time accounting and financial analysis expertise to Resort Operations on-site leaders and property owners’ association Board of Directors
• Develop F&A goals that are fully aligned with organizational goals and effectively lead change to support company objectives
• Train non-financial Resort Operations on-site leaders as appropriate in order to enhance business understanding
• Provide analytical support during budget reviews and capital planning to identify cost savings and productivity opportunities
• Provide on-going analytical support by monitoring actual financial results against previously projected revenues and expenses, provide variance explanations, and plans for profit improvement
• Review and analyze balance sheet reconciliations for completeness and accuracy, providing solutions and guidance for unreconciled items
• Direct and continually improve the financial reporting process, including analyzing job tasks and structure to maintain controls, transparency, efficiency and effectiveness
• Manage special projects as directed by the business needs

Benefits

• You'll enjoy competitive pay and benefits, career development opportunities, rewarding relationships, and a culture that promotes fun, work-life balance, respect, collaboration, and diversity.

What This Job Offers

• Job Type: Full-time
• Career Level: Director