Assistant Financial Manager Job at Marriott Bonvoy (Pretoria)

Job Responsibility

Manages the hotel’s day-to-day Accounting function, assisting the Director of Finance in providing financial leadership to the business and clear structure and direction to the Finance team
Preparation and analysis of the financial reports and reconciliations, internal and external reporting, budgeting/forecasting, audit and control, asset and liability reconciliation, working capital and cash control
Supports strategies and conducts activities to drive financial results, guest satisfaction, human capital index and market share
Effectively manages the day to day operation of Accounting to execute finance and accounting responsibilities for the property
Assists the Cluster DOF in developing the annual business plan, budgets, forecasts, financial reports, tax compliance, and profit and loss statements
Works through own team and influencing department managers to ensure appropriate controls are in place to manage business risks
Assists in the hiring of accounting associates, and development and retention of a diverse high caliber workforce to provide strong functional expertise to the property and the discipline
Sustains a work environment that focuses on fair and equitable treatment and associate satisfaction to enable business success
Meets Report Delivery Deadlines
Submits reports in a timely manner, ensuring delivery deadlines
Verifies P&L Accuracy
Verifies that profits and losses are documented accurately, in line with Marriott Processes and procedures
Communicates with and provides information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person
Demonstrates leadership by using interpersonal and communication skills to lead, influence, and encourages others
advocates sound financial/business decision making
demonstrates honesty/integrity
leads by example
Achieves and exceeds goals including performance goals, budget goals, team goals, etc
Demonstrates knowledge of job-relevant issues, products, systems, and processes
Develops specific goals and plans to prioritize, organize, and accomplish work and the work of the finance team
Generates and provides accurate and timely results in the form of reports, presentations, etc
Analyzes information and evaluates results to choose the best solution, solve problems and make decisions
Informs and/or updates the executives, peers and subordinates on relevant information in a timely manner
Verifies that all Taxes are current, collected and/or accrued
Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued
Processes information
compiles, codes, categories, calculates, tabulates, audits, or verifies information or data
Evaluates information to determine compliance with standards, using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards
Updates and uses relevant knowledge, keeps up-to-date technically and applying new knowledge to job
Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors
Advises the Cluster Executive committee on existing and evolving operating/financial issues
Provides on going analytical support (e.g. monitoring the operating department’s actual and projected sales and profit and coaches management team to ensure financial goals are met and opportunities are identified and addressed)
Provides assistance to the Cluster DOF in developing the annual business plan, budgets and monthly forecasts
Provides analytical support during budget reviews to identify cost saving and productivity opportunities
Provides direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization
Orients hotel managers to the accounting function and coaches to effectively manage their department’s financial performance
Produces accurate and timely financial reports to support effective decision making
Provides meaning or context to the financial results
Verifies that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered to appropriate individuals in a timely manner
Maintains a strong accounting & operational control environment to safeguard assets improve operations and profitability and manage business risks
Produces accurate forecasts that enable operations to react to changes in the business
Reconciles balance sheet and ensures account balances are current and supported by appropriate documentation in accordance with SOPs
Facilitates critique meetings to review results with management team
Celebrates successes and publicly recognizes the contributions of team members
Leverages strong functional leadership and communication skills to influence the management team and to lead own team
Establishes and maintains open, collaborative relationships with associates and ensures associates do the same within the team
Creates a working environment that enables the retention of top talent and where individuals perform at their best
Verifies that team members are cross-trained to support successful daily operations
Conducts annual performance appraisals with direct reports according to Standard Operating Procedures
Encourages open dialogue between team members
Assigns team members and other department managers clear accountability to accomplish goals
Uses all available on the job training tools for associates
Manages internal, external and regulatory audit processes and ensures compliance with Standard Operating Procedures (SOPs), verifying that hotel policies are administered fairly and consistently
Verifies that disciplinary procedures and documentation are completed according to Standard and Local Operating Procedures (SOPs and LSOPs) and support the Peer Review Process
Generates and reviews financial reports that are linked to the plan’s financial goals
Verifies that tax rates used for sales/use tax are current and proper amounts are collected and/or accrued
Completes adhoc requests from Cluster DOF & Assistant Cluster DOF
Performs other duties as assigned to meet business needs.

Requirements

Full/part-qualified accounting qualification or Bachelor's degree from four-year College or University
or three years related experience and/or training
or equivalent combination of education and experience
Hotel accounting experience is essential, operational experience is also preferred but not essential
Hotel Operational Finance knowledge – previous Asst DOF or smaller hotel Director of Finance
Numeracy - using mathematics to solve problems, calculations, presentations etc.
Computer Skills – Strong computer skills, particularly Excel and preferably Opera, PeopleSoft, Micros
Reading Comprehension - Understanding written sentences and paragraphs in work related documents
Writing - Communicating effectively in writing as appropriate for the needs of the audience
Economics and Accounting - Knowledge of economic and accounting principles and practices, P&L statements, operating budgets, forecasting and scheduling, and the reporting of financial data
Management of Financial Resources - Determining how money will be spent to get the work done, and accounting for these expenditures
Analytical/Critical Thinking - The ability to gather and organize information using a logical and systematic process
recognize patterns and relationships in complex data
examine data to identify implications, problems and draw appropriate conclusions
generate alternative solutions to problems
evaluate strengths, weaknesses and consequences of alternative solutions and approaches to solving problems
Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources
Purchasing and Materials Management - Knowledge of practices and procedures needed to maintain material, equipment and supplies
including vendor identification and contract negotiation, supply requisition and purchasing, and inventory control (e.g., accounting and budgeting).

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Assistant Financial Manager

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