Multi-Property Finance Manager
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Key skills for this role
About the Role
Experience: Varies by size and complexity of property Skills and Knowledge Financial management skills, e.g., ability to analyze P&L Statements, develop operating bu.
Key Skills for This Role
Responsibilities
- Ensure P&L accuracy and timelines: costs properly matched to revenues, period end information transmitted timely
- Reconcile all A&L accounts on a monthly basis to adhere to company standards
- Manage working capital to meet standards and minimize needs
- Participate in and contribute to all material property decisions, providing financial leadership
- Conduct financial training for property supervisors and management at least twice a year
- Consult with and support the hotel General Manager and Executive Committee
- Establish effective cross training program within the department
- Replace the Finance Director/Financial Controller in his absence
Requirements
- Bachelor's or Master's degree in Accounting, Finance, Business Administration or related field
- Strong financial management skills, e.g., ability to analyze P&L Statements, develop operating budgets, prepare forecasts and champion capital expenditure planning
- Strong communication, organization, analytical, and problem solving skills
- Ability to use standard software applications and hotel systems; technology savvy
- Effective decision making, influence, negotiation, conflict management, and change management skills
- Knowledge of purchasing, inventory controls, supplies and equipment
- Knowledge of overall hotel operations as they affect department
- Ability to effectively manage labor productivity
- Knowledge of government regulations and safety standards
Full Job Posting
Job Summary
- Experience: Varies by size and complexity of property
- Skills and Knowledge: Financial management skills, e.g., ability to analyze P&L Statements, develop operating budgets, prepare a short and long term forecast and champion capital expenditure planning
- Strong communication skills (verbal, listening, writing)
- Strong organization skills
- Strong analytical skills
- Strong problem solving skills
- Ability to use standard software applications and hotel systems; technology savvy
- Ability to acquire and maintain relationships, e.g., associates, customers, vendors
- Effective decision making skills
- Effective influence skills
- Good negotiation skills
- Effective conflict management skills
Specific Responsibilities
- Knowledge of all Accounting Practices, Procedures and Policies including Marriott SOP's, Hotel LSOP's and all related Marriott Corporate policies.
- Sound understanding of front and back office systems is displayed.
- Able to display good knowledge and skills of Microsoft Office products, e.g., Excel, Word and PowerPoint.
- Ensure P&L Accuracy and Timelines: Costs are properly matched to Revenues. Costs are accurately recorded in the proper accounts. Period end information is transmitted to Headquarters and Regional Offices on a timely and accurate basis. Preliminary statements are delivered to Executive Committee and
- Reconcile all A&L accounts on a monthly basis to adhere Company standards: All accounts are reconciled within 2 weeks but no more than 3 weeks of period end. All account balances are documented by physical counts, paid invoices, signed contracts or other supporting information. On a quarterly basis
- Working capital Management standards are met, are within the framework of the Management Agreement and needs are minimized: Marriott reimbursements are paid in full per the monthly invoice. Debt service requirements are understood, and potential shortfalls communicated. Excess funds are invested in
- Participates in and contributes to all material property decisions, providing financial leadership.
- The financial policy and perspective is shared and understood by associates.
- Financial Training for Property Supervisors and Management are conducted not less than twice a year.
- Consults with and supports the activities of the hotel General Manager and members of the Executive Committee.
- Establish an effective cross training program within the department. Train Accounting employees and prepare Job Descriptions and responsibilities if required.
- React to Corporate and Regional requests. Replace the Finance Director/Financial Controller in his absence.
Leadership Competencies
- Adaptability Determines how change impacts self and others; displays flexibility in adjusting priorities; and communicates both the reasons for change and how it impacts the workplace.
- Communication Customizes approach to conveying complex information and ideas to others in a convincing and engaging manner; appropriately interprets verbal and non verbal behaviour; and models active listening to ensure understanding.
- Problem Solving and Decision Making Models and coaches others on breaking complex issues into manageable parts, identifying and evaluating alternatives and their implications before making decisions, and involving and gaining agreement from others when making key decisions.
- Professional Demeanour Exhibits behavioural styles that convey confidence and command respect from others; makes a good first impression and represents the company in alignment with its values.
- Building and Contributing to Teams Leads and participates as a member of a team to move the team toward the completion of common goals while fostering cohesion and collaboration among team members.
- Driving for Results Sets high standards of performance for self and/or others; assumes responsibility for work objectives; initiates, focuses, and monitors the efforts of self and/or others toward the accomplishment goals; proactively takes action and goes beyond what is required.
- Planning and Organizing Gathers information and resources required to set a plan of action for self and/or others; prioritizes and arranges work requirements for self and/or others to accomplish goals and ensure work is completed.
- Co worker Relationships Interacts with others in a way that builds openness, trust, and confidence in the pursuit of organizational goals and lasting relationships.
- Customer Relationships Develops and sustains relationships based on an understanding of customer needs and actions consistent with the company's service standards.
- Global Mind set Supports employees and business partners with diverse styles, abilities, motivations, and/or cultural perspectives; utilizes differences to drive innovation, engagement and enhance business results; and ensures employees are given the opportunity to contribute to their full potenti
- Organizational Capability Evaluates and adapts the structure of team assignments and work processes to best fit the needs and/or support the goals of an organizational unit.
- Talent Management Provides guidance and feedback to help individuals develop and strengthen skills and abilities needed to accomplish work objectives.
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