Director of Finance and Accounting

Marriott Hotels Resorts; Toronto; On-site; CAD 135,000 - 177,000; Full time

Job summary

A leading hotel chain in Toronto is seeking a financial business leader to manage property-wide strategies and financial operations. The role requires strong analytical skills, management experience, and a relevant educational background. The ideal candidate will create and oversee the annual budget and lead a finance team to maximize profitability. This is a full-time position with a salary range of $135,000 to $177,000 annually.

Qualifications

• 2 years experience in the finance and accounting or related professional area required.

Responsibilities

• Develop means to improve profit and analyze budget forecasts.
• Create the annual operating budget for the property.
• Lead and influence finance and accounting teams.
• Analyze financial data and market trends.

Skills

Crisis Management

Marketing

Public Relations

Fundraising

Media Relations

Constant Contact

Strategic Planning

Social Media Management

Team Management

Public Speaking

Wordpress

Writing Skills

Education

4-year bachelor’s degree in Finance and Accounting or related major

Master's degree in Finance and Accounting or related major

Job description

Description

JOB SUMMARY

Functions as the property's strategic financial business leader. The position champions and 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 and delivering a aligned business plan that focuses on the execution of financial and accounting activities and the delivery of desirable financial results.

CANDIDATE PROFILE

Education and Experience

• 4-year bachelor’s degree in Finance and Accounting or related major; 2 years experience in the finance and accounting or related professional area.
• Masters degree in Finance and Accounting or related major; no work experience required.

CORE WORK ACTIVITIES

Engaging in Strategic Planning and Decision Making

• Develops means to improve profit including estimating cost and benefit, exploring new business opportunities, etc.
• Analyzes information, forecasts sales against expenses, and creates annual budget plans.
• Compiles information, analyzes, and monitors actual sales against projected sales.
• Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
• Identifies underlying principles, reasons, or facts of information by breaking down data into parts.
• Thinks creatively and practically to develop, execute, and implement new business plans.
• Creates the annual operating budget for the property.
• Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
• Implements a system of appropriate controls to manage business risks.
• Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.

Analyzes financial data and market trends.

• Leads the development and implementation of a comprehensive annual business plan aligned with the company’s and brand’s strategic direction.
• Provides ongoing analytical support by monitoring the operating departments’ actual and projected sales.
• Produces accurate forecasts that enable operations to react to changes in the business.

Leading Finance & Accounting Teams

• Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial and business decision making; demonstrates honesty and integrity; leads by example.
• Communicates strategic goals, focus, and owner priorities to subordinates clearly.
• Leverages strong functional leadership and communication skills to influence the executive team and property strategies and to lead own team.
• Oversees internal, external and regulatory audit processes.
• Provides excellent leadership by assigning team members and other department managers clear accountability backed by appropriate authority.
• Conducts annual performance appraisals with direct reports according to Standard Operating Procedures.

Anticipating and Delivering on the Needs of Key Stakeholders

• Attends meetings and communicates with the owners to understand priorities and strategic focus.
• Understands and meets the needs of key stakeholders (owners, corporate guests, etc.).
• Advises the GM and executive committee on existing and evolving operating and financial issues.
• Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
• Demonstrates an understanding of cash flow and owner priorities.
• Manages communication with owners in an effective manner.
• Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.
• Facilitates critique meetings to review information with management team.

Developing and Maintaining Finance and Accounting Goals

• 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.
• Develops and supports achievement of performance goals, budget goals, team goals, etc.
• Improves profit growth in operating departments.
• Reviews audit issues to ensure accuracy.

Managing Projects and Policies

• Generates and provides accurate and timely results in the form of reports and presentations.
• Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with SOPs.
• Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).
• Ensures compliance with management contract and reporting requirements.
• Ensures compliance with standard and local operating procedures (SOPs and LSOPs).
• Ensures compliance with SOPs.

Managing and Conducting Human Resource Activities

• Ensures team members are cross-trained to support successful daily operations.
• Ensures property policies are administered fairly and consistently.
• Ensures new hires participate in the department’s orientation program.
• Ensures new hires receive the appropriate training to successfully perform their job.
• Creates development plans which develop team members based on their strengths and development needs.
• Conducts performance review processes for employees.
• Participates in hiring activities as appropriate.

The salary range for this position is $135,000 to $177,000 annually.

At Marriott International we are dedicated to being an equal opportunity employer welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and our greatest strength lies in the rich blend of culture, talent and experiences of our associates. We are committed to non-discrimination on any protected basis including disability, veteran status or other basis protected by applicable law.

Notification to Applicants: Courtyard Toronto Downtown takes seriously its obligations under provincial human rights and accessibility legislation. We are happy to provide accommodations to job applicants needing assistance. If you require an accommodation in relation to this job posting, our online application or an interview please call or email and a member of our Human Resources team will respond to your request. Please note that this phone number and email are only for those individuals who would like to request an accessibility accommodation as part of the recruiting process.

Required Experience :

Director

Key Skills

• Crisis Management
• Marketing
• Public Relations
• Fundraising
• Media Relations
• Constant Contact
• Strategic Planning
• Social Media Management
• Team Management
• Public Speaking
• Wordpress
• Writing Skills

Employment Type: Full-Time

Experience: years

Vacancy: 1

Yearly Salary: 135000 - 177000