Assistant Director of Finance & Accounting

$74,000 - $90,000/Yr

Marriott International - Linthicum Heights, MD

Full-time - Mid Level

Linthicum Heights, MD

Accommodation

About the position

The Assistant Director of Finance & Accounting plays a crucial role in championing, developing, and implementing strategies that align with the brand's target customer and property employees. This position provides essential financial expertise to ensure the successful execution of the brand service strategy and initiatives, while also maximizing return on investment. The Assistant Director will assist in creating and executing a business plan that aligns with both the property and brand's business strategies, focusing on financial and accounting activities to achieve desirable financial results. In this role, the Assistant Director will be involved in strategic planning and decision-making processes. This includes developing methods to improve profitability, analyzing information to forecast sales against expenses, and creating annual budget plans. The Assistant Director will compile and analyze actual sales against projected sales, identify discrepancies in budget wages, and assist in the creation of the annual operating budget for the property. They will also provide analytical support during budget reviews to identify cost-saving opportunities and assist in implementing controls to manage business risks. The Assistant Director will lead the finance and accounting team by utilizing strong interpersonal and communication skills to influence and encourage team members. They will oversee audit processes, conduct performance appraisals, and ensure that team members are cross-trained to support daily operations. Additionally, the Assistant Director will manage communication with key stakeholders, including owners and corporate, to understand their priorities and ensure that financial concepts are communicated clearly. The role also involves developing and maintaining finance and accounting goals, ensuring accurate documentation of profits and losses, monitoring applicable taxes, and submitting reports in a timely manner. The Assistant Director will manage projects and policies, ensuring compliance with management contracts and standard operating procedures. They will also participate in human resource activities, ensuring fair administration of property policies and creating development plans for team members based on their strengths and career aspirations.

Responsibilities

• Assist in the championing, development, and implementation of property-wide strategies.
• Provide financial expertise to enable successful implementation of brand service strategy and initiatives.
• Assist in the creation and execution of a business plan aligned with property and brand's business strategy.
• Develop means to improve profit, including estimating cost and benefit and exploring new business opportunities.
• Analyze information, forecast sales against expenses, and create annual budget plans.
• Compile information, analyze and monitor actual sales against projected sales.
• Analyze differences between actual budget wages and forecasted wages for efficient budget planning.
• Assist in identifying underlying principles and facts of information by breaking down data into parts.
• Think creatively to assist in the development and execution of new business plans.
• Provide analytical support during budget reviews to identify cost-saving opportunities.
• Assist in the implementation of a system of appropriate controls to manage business risks.
• Analyze financial data and market trends.
• Provide ongoing analytical support by monitoring operating department's actual and projected sales.
• Produce accurate forecasts that enable operations to react to changes in the business.
• Utilize interpersonal and communication skills to lead and influence others.
• Communicate strategic goals and owner priorities to subordinates clearly.
• Oversee internal, external, and regulatory audit processes.
• Conduct annual performance appraisals with direct reports according to Standard Operating Procedures.
• Attend meetings and communicate with owners to understand priorities and strategic focus.
• Manage property working capital and cash flow in accordance with brand SOPs and owner requirements.
• Ensure profits and losses are documented accurately and monitor applicable taxes.
• Submit reports in a timely manner, ensuring delivery deadlines are met.
• Generate and provide accurate and timely results in the form of reports and presentations.
• Ensure compliance with management contract and reporting requirements.

Requirements

• 4-year bachelor's degree in Finance and Accounting or related major; 1 year experience in finance and accounting or related professional area.
• Master's degree in Finance and Accounting or related major; no work experience required.

Nice-to-haves

• Experience in a leadership role within finance and accounting.
• Strong analytical skills and attention to detail.
• Ability to communicate financial concepts clearly to non-financial stakeholders.

Benefits

• Comprehensive health care benefits
• 401(k) plan with up to 5% company match
• Employee stock purchase plan at 15% discount
• Accrued paid time off (including sick leave where applicable)
• Life insurance
• Group disability insurance
• Travel discounts
• Adoption assistance
• Paid parental leave
• Health savings account
• Flexible spending accounts
• Tuition assistance
• Pre-tax commuter benefits
• Other life and work wellness benefits
• Potential for stock awards and deferred compensation plans