What are the responsibilities and job description for the Director of Finance position at Marriott International?
Additional Information
Job Number 25125390
Job Category Finance & Accounting
Location Kansas City Marriott Downtown, 200 West 12th Street, Kansas City, Missouri, United States, 64105VIEW ON MAP
Schedule Full Time
Located Remotely? N
Position Type Management
Additional Information: This hotel is owned and operated by an independent franchisee, Kansas City Marriott Downtown - Avion Hospitality. The franchisee is a separate company and a separate employer from Marriott International, Inc. The franchisee solely controls all aspects of the hotel’s employment policies and practices, including hiring, firing, discipline, staffing, compensation, benefits, and all other terms and conditions of employment. If you accept a position at this hotel, you will be employed by a franchisee and not by Marriott International, Inc.
Job Summary:
The Director of Finance is responsible for all activities related to budgeting, forecasting, profit and loss reporting, and account reconciliation for operating and balance sheet accounts for the hotel. This role directly oversees all accounting activities related to income auditing, cashiering, accounts payable processing, accounts receivable collection, tax compliance, payroll and month end processing. Ensuring financial controls, accurate reporting and profitability is a key to the success of the property. This position is a high-profile Executive Committee position. Exempt associates are expected to work as much of each workday as is necessary to complete their job responsibilities.
Job Duties & Functions:
Verifies the accuracy and timeliness of all finance functions: daily and month end reporting, payroll processing, income audit, accounts payable, accounts receivable, and cash and credit card management
Completes comprehensive month end close to include preparing journal entries and accruals, completing cost of sales entries, reconciling balance sheet accounts, ensuring proper tax reporting and analyzing profit performance
Develop and Achieve Financial Goals
Creates the annual operating plan that is aligned with the company’s strategic direction
Provides analytical tools and support to department heads during budget preparation
Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels
Implements and upholds business practices that positively support our obsession with having sales driven culture
Ensures monthly P&Ls reflect accurate revenues, expenses and cost of sales calculations
Analyzes daily, monthly variances between actual, forecasted and budgeted performance
Advises GM and executive team on existing and upcoming financial and operational issues
Analyzes financial data and operational and market trends to identify opportunities for improvement
Leads the property in developing and maintaining a strong labor culture that maximizes productivity performance
Facilitates monthly P&L reviews to uncover challenges, opportunities and trends
Manages capital expense budget and reconciles expenditures monthly
Ensures strong accounting and operational controls to safeguard assets and maximize profits
Oversees internal and city audit processes
Manages the accurate collection, posting and reconciliation of occupancy taxes, sales taxes and transient marketing district (TMD)fees
Reconciles balance sheet accounts monthly and ensures totals are supported by appropriate documentation
Provides continuous direction to and education of the operational team in all areas related to finance, financial reports, internal controls, labor management, payroll, month end reconciliation, P&L performance, etc.
Fosters strong professional relationships with the entire management group providing direct counsel and feedback that positively impacts the performance of the business and sharpens the financial acumen of the team
Conducts ongoing coaching and annual reviews to influence positive team development
Cross trains team members to support successful department operations
Sets high standards for performance and holds the team accountable for results
Supports and brings to life the property’s core values and service culture
Education & Experience:
Possess a Bachelor’s degree in Finance/Accounting or an equivalent combination of education, training, and progressive work experience that demonstrates the ability to successfully perform the responsibilities of the role
Previous Hospitality Finance Experience Required
Experience with budgeting, forecasting, profit and loss reporting and balancing ledgers for operating and balance sheet accounts
Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions
Ability to use logic to define a problem, collect information, establish facts, draw valid conclusions, interpret information and deal with abstract variables for unique or unfamiliar situations
Proven leadership and coaching skills with a track record of developing a highly motivated and cross trained group of progressive accounting professionals
Ability to clearly and concisely present technical subjects
Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations
Ability to comprehend and use technical or professional language, either written or spoken, to communicate complex ideas
Superior Computer skills: Microsoft Office, POS/PMS systems, and the ability to create, maintain and analyze data in Excel spreadsheets
Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours, based on business needs
Supervises and leads the professional development a dynamic finance team
Demonstrate Leadership and Strategic Decision Making
Thinks creatively and practically to develop, execute and implement business strategies
Utilizes effective interpersonal and communication skills to lead, influence and drive the performance of others
Leads by example by demonstrating honesty and integrity in all business and personnel decisions
Leverages strong financial and operational leadership skills to guide the executive team, influence property focus areas and to lead own department
Communicates complex financial concepts and expectations in a clear manner that drive results
Possesses behavioral styles that conveys confidence and commands respect from others
Maintains peak performance levels under pressure and in a dynamic work environment
Background Check:
This job requires a valid drivers' license and motor vehicle background check.
This job requires a criminal background check.
General:
This job description is not intended to be all-inclusive, additional details will be specified by the supervisor. The associate will also perform other reasonable business duties as signed by the supervisor.
Management reserves the right to change this job description, job responsibilities, duties, and working hours as needs prevail.
If requested in accordance with applicable law, the Company provides reasonable accommodation to known physical or mental limitations of an otherwise qualified associate with a disability to allow him/her to perform essential functions of the job unless the accommodation would impose an undue hardship on the Company.
Avion is an at-will employer. This job description is a guideline and does not constitute a written or implied employment contract.
This company is an equal opportunity employer.
frnch1
Job Number 25125390
Job Category Finance & Accounting
Location Kansas City Marriott Downtown, 200 West 12th Street, Kansas City, Missouri, United States, 64105VIEW ON MAP
Schedule Full Time
Located Remotely? N
Position Type Management
Additional Information: This hotel is owned and operated by an independent franchisee, Kansas City Marriott Downtown - Avion Hospitality. The franchisee is a separate company and a separate employer from Marriott International, Inc. The franchisee solely controls all aspects of the hotel’s employment policies and practices, including hiring, firing, discipline, staffing, compensation, benefits, and all other terms and conditions of employment. If you accept a position at this hotel, you will be employed by a franchisee and not by Marriott International, Inc.
Job Summary:
The Director of Finance is responsible for all activities related to budgeting, forecasting, profit and loss reporting, and account reconciliation for operating and balance sheet accounts for the hotel. This role directly oversees all accounting activities related to income auditing, cashiering, accounts payable processing, accounts receivable collection, tax compliance, payroll and month end processing. Ensuring financial controls, accurate reporting and profitability is a key to the success of the property. This position is a high-profile Executive Committee position. Exempt associates are expected to work as much of each workday as is necessary to complete their job responsibilities.
Job Duties & Functions:
Verifies the accuracy and timeliness of all finance functions: daily and month end reporting, payroll processing, income audit, accounts payable, accounts receivable, and cash and credit card management
Completes comprehensive month end close to include preparing journal entries and accruals, completing cost of sales entries, reconciling balance sheet accounts, ensuring proper tax reporting and analyzing profit performance
Develop and Achieve Financial Goals
Creates the annual operating plan that is aligned with the company’s strategic direction
Provides analytical tools and support to department heads during budget preparation
Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels
Implements and upholds business practices that positively support our obsession with having sales driven culture
Ensures monthly P&Ls reflect accurate revenues, expenses and cost of sales calculations
Analyzes daily, monthly variances between actual, forecasted and budgeted performance
Advises GM and executive team on existing and upcoming financial and operational issues
Analyzes financial data and operational and market trends to identify opportunities for improvement
Leads the property in developing and maintaining a strong labor culture that maximizes productivity performance
Facilitates monthly P&L reviews to uncover challenges, opportunities and trends
Manages capital expense budget and reconciles expenditures monthly
Ensures strong accounting and operational controls to safeguard assets and maximize profits
Oversees internal and city audit processes
Manages the accurate collection, posting and reconciliation of occupancy taxes, sales taxes and transient marketing district (TMD)fees
Reconciles balance sheet accounts monthly and ensures totals are supported by appropriate documentation
Provides continuous direction to and education of the operational team in all areas related to finance, financial reports, internal controls, labor management, payroll, month end reconciliation, P&L performance, etc.
Fosters strong professional relationships with the entire management group providing direct counsel and feedback that positively impacts the performance of the business and sharpens the financial acumen of the team
Conducts ongoing coaching and annual reviews to influence positive team development
Cross trains team members to support successful department operations
Sets high standards for performance and holds the team accountable for results
Supports and brings to life the property’s core values and service culture
Education & Experience:
Possess a Bachelor’s degree in Finance/Accounting or an equivalent combination of education, training, and progressive work experience that demonstrates the ability to successfully perform the responsibilities of the role
Previous Hospitality Finance Experience Required
Experience with budgeting, forecasting, profit and loss reporting and balancing ledgers for operating and balance sheet accounts
Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions
Ability to use logic to define a problem, collect information, establish facts, draw valid conclusions, interpret information and deal with abstract variables for unique or unfamiliar situations
Proven leadership and coaching skills with a track record of developing a highly motivated and cross trained group of progressive accounting professionals
Ability to clearly and concisely present technical subjects
Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations
Ability to comprehend and use technical or professional language, either written or spoken, to communicate complex ideas
Superior Computer skills: Microsoft Office, POS/PMS systems, and the ability to create, maintain and analyze data in Excel spreadsheets
Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours, based on business needs
Supervises and leads the professional development a dynamic finance team
Demonstrate Leadership and Strategic Decision Making
Thinks creatively and practically to develop, execute and implement business strategies
Utilizes effective interpersonal and communication skills to lead, influence and drive the performance of others
Leads by example by demonstrating honesty and integrity in all business and personnel decisions
Leverages strong financial and operational leadership skills to guide the executive team, influence property focus areas and to lead own department
Communicates complex financial concepts and expectations in a clear manner that drive results
Possesses behavioral styles that conveys confidence and commands respect from others
Maintains peak performance levels under pressure and in a dynamic work environment
Background Check:
This job requires a valid drivers' license and motor vehicle background check.
This job requires a criminal background check.
General:
This job description is not intended to be all-inclusive, additional details will be specified by the supervisor. The associate will also perform other reasonable business duties as signed by the supervisor.
Management reserves the right to change this job description, job responsibilities, duties, and working hours as needs prevail.
If requested in accordance with applicable law, the Company provides reasonable accommodation to known physical or mental limitations of an otherwise qualified associate with a disability to allow him/her to perform essential functions of the job unless the accommodation would impose an undue hardship on the Company.
Avion is an at-will employer. This job description is a guideline and does not constitute a written or implied employment contract.
This company is an equal opportunity employer.
frnch1
Director of Finance
Morgan Hunter -
Kansas, MO
