Senior Assistant Director of Finance and Accounting

Marriott•Washington, DC

22h•$96,015 - $126,000

About The Position

The Senior Assistant Director of Finance and Accounting assists in developing and implementing property-wide strategies and business plans that meet or exceed the needs of the brand’s target customers and property employees. The role provides financial expertise to support the brand’s service strategy and initiatives while maximizing return on investment, and focuses on executing financial and accounting activities to deliver desirable financial results. The position supports strategic planning, budgeting, forecasting, financial analysis, risk controls, and property working capital and cash flow management. It also leads and develops the finance and accounting team, oversees audit processes, communicates with owners and other stakeholders, and ensures accurate financial reporting and compliance with management contracts and operating procedures.

Requirements

Bachelor’s degree in Finance and Accounting or a related major, with at least 1 year 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 is required.

Responsibilities

Develop ways to improve profit, including estimating costs and benefits and exploring business opportunities.
Analyze information, forecast sales against expenses, and create annual budget plans.
Compile information and monitor actual sales against projected sales.
Analyze differences between actual and forecast wages to support efficient budget planning.
Break down information and data to identify underlying principles, reasons, or facts.
Assist in developing and implementing new business plans and the annual property operating budget.
Provide analytical support during budget reviews to identify cost-saving and productivity opportunities.
Assist in implementing controls to manage business risks.
Analyze financial data and market trends; monitor operating departments’ actual and projected sales and produce accurate forecasts.
Assist in developing and implementing an annual business plan aligned with company and brand strategy.
Lead, influence, and encourage others; communicate strategic goals, focus, and owner priorities to subordinates.
Oversee internal, external, and regulatory audit processes.
Assign clear accountability and appropriate authority to team members and department managers.
Conduct annual performance appraisals with direct reports in accordance with Standard Operating Procedures.
Attend meetings and communicate with owners to understand priorities and strategic focus.
Address the needs of key stakeholders, including owners, corporate teams, and guests, and communicate financial concepts clearly.
Manage owner communications, property working capital, and cash flow in accordance with brand SOPs and owner requirements.
Facilitate management team critique meetings to review information.
Ensure profit and loss statements are documented accurately and monitor applicable taxes to ensure 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 and review audit issues for accuracy.
Generate accurate and timely reports and presentations; reconcile balance-sheet accounts with appropriate supporting documentation.
Ensure profit and loss statements are accurate, including proper matching of costs to revenue and recording costs in the correct accounts.
Ensure compliance with management contracts, reporting requirements, and standard and local operating procedures.
Cross-train team members, administer property policies fairly and consistently, and ensure new hires receive orientation and job training.
Create development plans based on team members’ strengths, development needs, career aspirations, and abilities; conduct performance reviews and participate in hiring as appropriate.