Cost Controller Job at Marriott Bonvoy (Dhaka)

Job Description

The position champions 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.

Job Responsibility

Analyzes financial data and market trends
Assists in analyzing information, forecasts sales against expenses and creates annual budget plans
Compiles information, analyzes and monitors actual sales against projected sales
Assists in developing means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning
Thinks creatively and practically to develop, execute and implement new business plans
Protects and strengthens our competitive advantage by advocating and supporting sound business and financial decision making
Implements a system of appropriate controls to manage business risks
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 goals and the owner priorities to subordinates in a clear and precise manner
Provides excellent leadership by assigning team members and other departments managers' clear accountability backed by appropriate authority
Holds staff accountable for successful performance
Supports property strategy from a finance and accounting perspective
Submits reports in a timely manner, ensuring delivery deadlines
Ensures Profits and Losses are documented accurately
Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
Ensures appropriate corrections are made to audit results if necessary
Reviews audit issues to ensure accuracy
Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued
Generates and providing accurate and timely results in the form of reports, presentations, etc.
Ensures compliance with standard and local operating procedures (SOPs and LSOPs)
Oversees internal, external and regulatory audit processes
Ensures compliance with Standard Operating Procedures (SOPs)
Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts)
Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.)
Understands the owners' perspective and ROI expectations
Anticipates and addresses owner needs and involves ownership in key decisions
Leverages strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team
Advises the GM and executive committee on existing and evolving operating/financial issues
Facilitates critique meetings to review information with management team
Attends owners meetings in order to provide context and explanation for financial results
Attends meetings and communicates with the owners, understanding the priorities and strategic focus
Demonstrates a commitment to meeting the needs of all key stakeholders
Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors
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 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.

Requirements

4-year bachelor's degree in Finance and Accounting or related major
no work experience required.

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