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Marriott International

Manages and franchises hotels around the world

Director of Finance

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timePortland, OR, USAIn-person

About the Job

Requirements

  • A four-year college degree or equivalent education or experience is required; accounting is preferred.
  • Five to ten years of employment in a related position is required.
  • Knowledge of hotel accounting functions performed by directly or indirectly reporting subordinate staff is required.
  • Advanced knowledge of accounting, finance, and hospitality is required.
  • Ability to analyze information involving original data manipulation or interpretation and draw logical conclusions is required.
  • Knowledge of office management, bank reconciliations, preparation of state and federal reports, training accounting staff, conducting or participating in meetings, analysis of balance sheet accounts, preparation of journal entries, closing the books, and preparing the balance sheet package is required.
  • The role requires the ability to lift, push, pull, or carry up to 15–20 pounds; limited bending and kneeling; limited mobility between offices and departments; excellent hearing for training and interaction; and excellent vision for reading reports and computer work.

Responsibilities

  • Oversee all areas of hotel finance, especially payroll, budgeting, forecasting, and related duties.
  • Provide accurate and timely financial reports to leadership and corporate, and implement internal controls that safeguard leaders, owners, and assets and comply with federal, state, and local regulations.
  • Assist in the operation of each department and with special projects; identify risks and present solutions to help leaders make decisions that meet the hotels’ financial interests.
  • Develop the annual operating budget, operating plan, and financial goals; achieve budgeted revenues, costs, and profits through accounting diligence, expenditure controls, and accounting practices.
  • Set written priorities and key objectives for each department head quarterly, including action plans and completion dates; follow up on implementation and take corrective action when objectives are not met.
  • Forecast operating staff and cost expenditures monthly, and guide department heads on business planning in line with forecasted sales and costs.
  • Review financial statements monthly to correct problems, ensure spending is on track, and plan for future business; review and approve departmental other expenses and regularly review major expenses.
  • Promote associate morale and loyalty, communicate with and counsel staff, assist with staff development, remain visible and available to associates, and attend monthly department employee meetings when possible.
  • Conduct performance appraisals and personal development plans for management staff; identify substandard performance and outline improvement actions, including corrective or disciplinary measures.
  • Ensure hotel management staff have the experience, knowledge, and ability to meet job requirements; review cost controls and ensure adherence to protect hotel property and assets.
  • Review sales solicitation activities, room-night productivity, and group room rates; review individual productivity and ensure corrective actions are taken; evaluate market mix and take action to position the hotel for increased business.
  • Participate in solicitation of key accounts by reviewing contracts, meeting with the sales department, and visiting key account contacts in person and by phone.

Desired Qualifications

  • Accounting is the preferred field of study for the four-year college degree.

About the Company

Marriott International

Manages and franchises hotels around the world

Marriott International manages and franchises hotels and resorts for leisure and business travelers, with brands spanning luxury stays, select-service hotels and extended visits. Its portfolio includes The Ritz-Carlton, Sheraton and Courtyard, giving hotel owners different formats for serving guests. Most properties belong to third-party owners: Marriott earns management fees tied to hotel revenue and profit, or franchise royalties for use of its brands and systems, while owning or leasing a small share itself. The company also licenses its names for branded residences and vacation ownership properties. With operating roots dating to 1927, Marriott is headquartered in Bethesda, Maryland.

Company size
10,001+
Company stage
IPO
Headquarters
Bethesda, MD
Founded
1927

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