Sheraton Hotels & Resorts - Pomona, CA
posted 5 months ago
The Director of Finance and Accounting functions as the strategic financial business leader for the property. This role is pivotal in championing, developing, and implementing 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 Director provides the financial expertise necessary for the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment. Additionally, this position is responsible for creating and executing a business plan that aligns with the property and brand's business strategy, focusing on the execution of financial and accounting activities and the delivery of desirable financial results. In this role, the Director engages in strategic planning and decision-making, developing means to improve profit, estimating costs and benefits, and exploring new business opportunities. They analyze information, forecast sales against expenses, and create annual budget plans. The Director compiles information, analyzes, and monitors actual sales against projected sales, ensuring a strong accounting and operational control environment to safeguard assets and improve operations and profitability. They lead the development and implementation of a comprehensive annual business plan aligned with the company's and brand's strategic direction, providing ongoing analytical support by monitoring the operating department's actual and projected sales. The Director also leads finance and accounting teams, utilizing interpersonal and communication skills to influence and encourage others, advocating sound financial/business decision-making, and demonstrating integrity. They oversee internal, external, and regulatory audit processes, ensuring that team members are held accountable and that property policies are administered fairly and consistently. Furthermore, the Director anticipates and delivers on the needs of key stakeholders, managing communication with owners effectively and facilitating critique meetings to review information with the management team. In addition to these responsibilities, the Director develops and maintains finance and accounting goals, ensuring that profits and losses are documented accurately, taxes are current, and reports are submitted in a timely manner. They manage projects and policies, ensuring compliance with management contracts and reporting requirements, and conduct human resource activities to ensure team members are cross-trained and receive appropriate training to perform their jobs successfully.