Marriott Director of Finance - Bodrum EDITION in Turkey, Turkey

Description:

Director of Finance - Bodrum EDITION

ABOUT THE BRAND

EDITION is an unexpected, refreshing collection of individualized, one-of-a-kind hotels that caters to guests expecting, and in turn demanding, a unique experience - not merely a place to sleep.EDITION employees embrace our Ethos, Core Values and Ideals to bring our brand and exceptional service to life.

HOTEL SUMMARY

This exciting and high profile project will bring the EDITION brand to a key resort destination of choice in Turkey. Created through an industry changing partnership between boutique hotel impresario Ian Schrager and global hospitality powerhouse Marriott International, The Bodrum EDITION will represent a new category of hotels, combining the style and design of a boutique with the service and quality of a luxury hotel.

With a planned opening in 2018, the Bodrum EDITION will be positioned in the upscale northern part of one of Turkey s key resort peninsulas, and within close proximity to the state-of-the-art marina complex Palmarina Yalikavak . This 159 room beach-front resort hotel will feature an extensive food and beverage offering by the beach, luxury Spa and meeting rooms. The hotel will be ideally positioned to offer an exceptional opportunity to discover a unique combination of traditional and authentic flavor as well as a glitzy high-end experience.By leveraging its location and the international pull of the EDITION brand, the hotel is anticipated to lead the lifestyle market as well as complement the strong appeal internationally of this high-end resort destination.

Qualifications

POSITION SUMMARY

Functions as the property s strategic financial business leader.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 investment.In addition, creates and executes a business plan that is aligned with the property and brand s business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results.

Education and Experience

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.

Engaging in Strategic Planning and Decision Making

Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.

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 property.

Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.

Implements a system of appropriate controls to manage business risks.

Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.

Analyzes financial data and market trends.

Leads the development and implementation of a comprehensive annual business plan which is aligned with the company s and brand s strategic direction.

Provides on going analytical support by monitoring the operating department s actual and projected sales.

Produces accurate forecasts that enable operations to react to changes in the business.

Leading Finance & Accounting Teams

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.

Leverages strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team.

Oversees internal, external and regulatory audit processes.

Provides excellent leadership by assigning team members and other departments managers' clear accountability backed by appropriate authority.

Conducts annual performance appraisals with direct reports according to Standard Operating Procedures.

Anticipating and Delivering on the Needs of Key Stakeholders

Attends meetings and communicating with the owners, understanding the priorities and strategic focus.

Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.).

Advises the GM and executive committee on existing and evolving operating/financial issues.

Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.

Demonstrates an understanding of cash flow and owner priorities.

Manages communication with owners in an effective manner.

Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.

Facilitates critique meetings to review information with management team.

Developing and Maintaining Finance and Accounting Goals

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.

Develops and supports achievement of performance goals, budget goals, team goals, etc.

Improves profit growth in operating departments.

Reviews audit issues to ensure accuracy.

Managing Projects and Policies

Generates and provides accurate and timely results in the form of reports, presentations, etc.

Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with SOPs.

Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).

Ensures compliance with management contract and reporting requirements.

Ensures compliance with standard and local operating procedures (SOPs and LSOPs).

Ensures compliance with Standard Operating Procedures (SOPs).

Managing and Conducting Human Resource Activities

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.

Conduct performance review process for employees.

Participates in hiring activities as appropriate.

-{PS..0}->Marriott International is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. Marriott International does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws.

Job: Finance and Accounting

Organization: Edition Hotels

Location: TUR-Turkey

Requisition ID: 17001C6W