Senior Assistant Director of Finance and Accounting

Marriott•Detroit, MI

1d•$88,000 - $115,000

About The Position

The Senior Assistant Director of Finance and Accounting assists in developing and implementing property-wide strategies and business plans aligned with the property and brand’s business strategy. The role provides financial expertise to support brand service initiatives, meet the needs of customers and property employees, and maximize return on investment. It focuses on financial and accounting activities and the delivery of desirable financial results. The position supports strategic planning and decision-making through financial analysis, forecasting, budgeting, cost-saving initiatives, risk controls, and monitoring actual and projected sales. It also leads finance and accounting team members, oversees audit processes, communicates with owners and other stakeholders, manages working capital and cash flow, and ensures accurate reporting and compliance with applicable procedures and requirements. The role also supports human resource activities within the team, including cross-training, onboarding, performance reviews, hiring participation, and employee development.

Requirements

A four-year bachelor’s degree in Finance and Accounting or a related major, plus one year 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

Identify ways to improve profit by estimating costs and benefits and exploring business opportunities.
Analyze financial information, market trends, sales, expenses, wages, and budgets to support planning and decisions.
Assist in preparing the property’s annual operating budget and comprehensive annual business plan.
Provide analytical support during budget reviews to identify cost-saving and productivity opportunities.
Assist with implementing appropriate controls to manage business risks.
Produce accurate forecasts that help operations respond to changes in the business.
Lead, influence, and encourage finance team members; communicate strategic goals, focus, and owner priorities.
Oversee internal, external, and regulatory audit processes.
Assign clear accountability and authority to team members and other department managers.
Conduct annual performance appraisals with direct reports in accordance with Standard Operating Procedures.
Attend meetings and communicate with owners to understand their priorities and strategic focus.
Communicate financial concepts clearly to stakeholders and manage owner communications effectively.
Manage property working capital and cash flow in accordance with brand procedures and owner requirements.
Facilitate critique meetings with the management team.
Ensure profit and loss statements are documented accurately, 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.
Review audit issues for accuracy.
Prepare accurate, timely reports and presentations; reconcile balance-sheet accounts with appropriate supporting documentation.
Ensure the profit and loss statement is accurate, including proper matching of costs to revenue and recording costs in the correct accounts.
Ensure compliance with management contract and reporting requirements and applicable standard and local operating procedures.
Ensure team members are cross-trained and that property policies are administered fairly and consistently.
Ensure new hires complete department orientation and receive appropriate job training.
Create development plans based on team members’ strengths, development needs, career aspirations, and abilities.
Conduct employee performance reviews and participate in hiring activities as appropriate.