Director of Finance Marriott International
more than a month
Melbourne, UNAVAILABLE - Victoria, VICTORIA
UNAVAILABLE
State / City:
Workday:
Job Number 23088579
Job Category Finance & Accounting
Location Courtyard Melbourne Flagstaff Gardens, 50 Batman Street, Melbourne, Victoria, Australia VIEW ON MAP
Schedule Full-Time
Located Remotely? N
Relocation? N
Position Type Management

About the Role

Functions as the property’s strategic financial business leader. The position champions, develops and implements property-wide strategies that deliver products and services to meet or exceed the needs and expectations of the brand’s target customer and property employees.

The position provides the financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment. In addition, creates and executes a business plan that is aligned with the property and brand’s business strategy and focuses on the execution of financial activities and the delivery of desirable financial results.

What You Will Be Responsible For

  • Develops means to improve profit, including estimating cost and benefit and exploring new business opportunities.
  • Analyzes information, forecasts sales against expenses and creates annual budget plans.
  • Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
  • Thinks creatively and practically to develop, execute and implement new business plans.
  • Creates the annual operating budget for the properties.
  • Leads the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction.
  • Produces accurate forecasts that enable operations to react to changes in the business.
  • Collaborates with Operations and Revenue Managers to develop effective revenue management strategies.
  • Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
  • Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.
  • Oversees internal, external and regulatory audit processes.
  • Provides on going analytical support by monitoring the operating department’s actual and projected sales.
  • Uses financial expertise and analytical models to evaluate mix of transient and group revenue.
  • Demonstrates a commitment to meeting the needs of all key stakeholders.
  • Understands and meeting the needs of key stakeholders (owners, corporate, guests, etc.).
  • Advises the GM and executive committee on existing and evolving operating/financial issues.
  • Demonstrates an understanding of cash flow and owner priorities.
  • Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.
  • Understands the owners' perspective and ROI expectations.
  • Attends meetings and communicating with the owners, understanding the priorities and strategic focus.
  • Ensures Profits and Losses are documented accurately.
  • Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
  • Submits reports in a timely manner, ensuring delivery deadlines.
  • Improves profit growth in operating departments.
  • Coaches management team to ensure revenue goals are met and opportunities are identified and addressed.
  • Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
  • Sets aggressive goals that will drive the cluster's financial performance.
  • Provides pricing and inventory recommendations that increase market share and attain revenue growth and profit goals.
  • Champions the use of technology to create operational efficiency.
  • Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with SOPs.
  • Identifies key projects and manages associated Capital Expenditure funds for implementation of brand initiatives, product improvement and increased revenue potential.

Candidate Background/ Experience

  • Bachelor’s degree in Finance and Accounting or related major
  • Proven experience in leadership in finance/accounting, preferably within the hotel industry
  • The successful candidate will possess strong leadership and management skills, with experience in developing others
  • Exceptional communication skills, both verbal and written
  • Strong business acumen and technical expertise in finance/accounting discipline
  • Ability to spot and resolve problems efficiently coupled with a strong attention to detail
  • A strategic mindset with big-picture thinking
  • Proven success in driving for results and building internal and external relationships  
  • Working knowledge of various computer software programs (MS Office, accounting software)
  • Please note only people with Australian working rights are eligible to apply for this role

Perks, Rewards, Motivations

  • Discounts on accommodation at all properties within Marriott International globally, for you and your family & friends
  • Discounts on food & beverage across all our hotels worldwide
  • The best hotel training opportunities produced independently on property and internationally recognized training programs by Marriott International
  • Access to Marriott’s award-winning Live Fully Rewards Program, including private health cover and dry cleaning for management positions
  • Opportunity to participate in the property bonus plan
  • Recognition programs to keep you motivated
  • Wellbeing & mindfulness programs to ensure you stay healthy

 

Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

With more than 330 managed locations in more than 20 countries Courtyard by Marriott offers a refreshing environment that helps guests stay connected and balanced. Working at Courtyard, you'll ensure guests have a smooth, productive stay that meets their personal and business needs. Find Your World™ at Courtyard by Marriott.