Director of Finance and Accounting - The Worthington Renaissance Fort Worth Hotel - (21100724)
Company: Marriott International, Inc.
Location: Fort Worth
Posted on: November 22, 2021
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The Worthington Renaissance Fort Worth Hotel located at 200 Main
Street, Fort Worth, TX is hiring a Director of Finance and
Functions as the propertys 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 brands 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 brands business strategy and focuses on the
execution of financial and accounting activities and the delivery
of desirable financial results.
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
Master's degree in Finance and Accounting or related major; no work
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
Analyzes differences between actual budget wages and forecasted
wages for more efficient budget planning.
Identifies the underlying principles, reasons, or facts of
information by breaking down information or data into separate
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
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 which is aligned with the companys and brands
Provides on going 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/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.
Leverages strong functional leadership and communication skills to
influence the executive team, the property's strategies and to lead
Oversees internal, external and regulatory audit processes.
Provides excellent leadership by assigning team members and other
departments managers' clear accountability backed by appropriate
Conducts annual performance appraisals with direct reports
according to Standard Operating Procedures.
Anticipating and Delivering on the Needs of Key Stakeholders
Attends meetings and communicating with the owners, understanding
the 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
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
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
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
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, presentations, etc.
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
Ensures compliance with standard and local operating procedures
(SOPs and LSOPs).
Ensures compliance with Standard Operating Procedures (SOPs).
Managing and Conducting Human Resource Activities
Ensures team members are cross-trained to support successful daily
Ensures property policies are administered fairly and
Ensures new hires participate in the departments orientation
Ensures new hires receive the appropriate new hire training to
successfully perform their job.
Creates appropriate development plans which develop team members
based on their individual strengths, development needs, career
aspirations and abilities.
Conduct performance review process for employees.
Participates in hiring activities as appropriate.
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Keywords: Marriott International, Inc., Fort Worth , Director of Finance and Accounting - The Worthington Renaissance Fort Worth Hotel - (21100724), Executive , Fort Worth, Texas
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