Cluster Director of Finance Job at Marriott Bonvoy (Ahmedabad)

Job Description

Functions as the strategic financial business leader for a cluster of properties within a market. Responsible for achieving financial goals at each participating property. The position champions, 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. In addition, creates and executes a business plan that is aligned with the brand’s business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results.

Job Responsibility

Develops means to improve profit, including estimating cost and benefit and exploring new business opportunities
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 the underlying principles, reasons, or facts of information by breaking down information or data into separate parts
Thinks creatively and practically to develop, execute and implement new business plans
Creates the annual operating budget for the properties
Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers
Leads the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction
Produces accurate forecasts that enable operations to react to changes in the business
Collaborates with Operations and Revenue Managers to develop effective revenue management strategies
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
Oversees internal, external and regulatory audit processes
Provides on going analytical support by monitoring the operating department’s actual and projected sales
Uses financial expertise and analytical models to evaluate mix of transient and group revenue
Demonstrates a commitment to meeting the needs of all key stakeholders
Understands and meeting the needs of key stakeholders (owners, corporate, guests, etc.)
Advises the GM and executive committee on existing and evolving operating/financial issues
Demonstrates an understanding of cash flow and owner priorities
Manages property working capital and cash flow in accordance with brand SOPs and owner requirements
Understands the owners' perspective and ROI expectations
Attends meetings and communicating with the owners, understanding the priorities and strategic focus
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
Improves profit growth in operating departments
Coaches management team to ensure revenue goals are met and opportunities are identified and addressed
Achieves and exceeds goals including performance goals, budget goals, team goals, etc
Sets aggressive goals that will drive the cluster's financial performance
Provides pricing and inventory recommendations that increase market share and attain revenue growth and profit goals
Champions the use of technology to create operational efficiency
Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with SOPs
Identifies key projects and manages associated Capital Expenditure funds for implementation of brand initiatives, product improvement and increased revenue potential
Ensures employees are treated fairly and equitably
Holds staff accountable for successful performance
Shares alternative viewpoints and encourages others to do so as well
Generates and provides accurate and timely results in the form of reports, presentations, etc
Negotiates effectively while maintaining positive relationships with others
Participates in sales strategy and revenue management meetings

Requirements

4-year bachelor's degree in Finance and Accounting or related major
2 years experience in the finance and accounting or related professional area
OR Master's degree in Finance and Accounting or related major
no work experience required

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Cluster Director of Finance

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