Director of Finance - Montréal, Canada - Marriott International, Inc.

Description

Job Number
Job Category Finance & Accounting
Location Ottawa Marriott Hotel, 100 Kent Street, Ottawa, ONT, Canada VIEW ON MAP
Schedule Full-Time
Located Remotely? N
Relocation? N
Position Type Management

Additional Information: This hotel is owned and operated by an independent franchisee, Manga Hotels. The franchisee is a separate company and a separate employer from Marriott International, Inc. The franchisee solely controls all aspects of the hotel's employment policies and practices, including hiring, firing, discipline, staffing, compensation, benefits, and all other terms and conditions of employment. If you accept a position at this hotel, you will be employed by a franchisee and not by Marriott International, Inc.

JOB SUMMARY

BE PART OF OTTAWA'S TOP HOSPITALITY TEAM WHAT'S IN IT FOR YOU?

• Competitive wages & benefits
• Performance based incentive plan eligible
• Marriott's discount program for 8500+ hotels & restaurants
• Free-duty meals and beverages as well as food and beverage discounts
• Rewards and recognition
• Marriott's world-class learning & development opportunities
• Positive respectful culture Our commitment to career growth opportunitiesWherever you want to go, whoever you want to be, you deserve a career that fulfills your purpose. You deserve to dream without limits. Be a part of something bigger than yourself. Belong to a community where you are included. Be inspired by what's possible and discover your future. Be challenged, grow, and achieve your ambition. Begin your purpose, belong to a community, and become the best version of yourself. Located one block south of Parliament in the heart of the Nation's Capital, Marriott Ottawa has been a long-time icon of hospitality for our guests. With 489 guestrooms, 36000 sqft of event space, a 26th-floor concierge lounge, SPIN Kitchen & Bar, and a Starbucks, and crowned by our rotating rooftop summit venue, we are the tallest hotel in the city and second-largest hotel overall.

Marriott Ottawa is preparing to begin a transformative, full renovation of all guestrooms, meeting and event space as well as all public areas, commencing mid-2024, positioning the hotel to continue its storied legacy of hospitality excellence.

YOU'RE A GREAT FIT IF YOU:

• Flourish in a fast-paced environment with multiple priorities.
• Can see the big picture and act proactively with a solution-focused mindset.
• Know how to take care of people.
• Have the ability to "Respond to Cues".
• Thrive on "Creating Personal Connections".
• Can "Make it Brilliant". The Director of Finance & Accounting is a key leadership role and a member of the Executive Committee. The candidate will play an integral part in the success of the hotel, focusing on continuing to develop business acumen within the Leadership group and ensuring world-class financial stewardship of the asset and operation. A passion for the development of talent, unwavering integrity, and the ability to balance the needs of multiple stakeholders will be drivers of success.

WHAT WILL YOU BE DOING?

Engaging in Strategic Planning and Decision Making

• Develop means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
• Analyze information, forecast sales against expenses, and create 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, and improve operations and profitability.
• Analyzes financial data and market trends.
• Leads the development and implementation of a comprehensive annual business plan that is aligned with the company's and brand's strategic direction.
• Provide ongoing 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 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, and 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 department 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 behaviours.
• 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 standard operating procedures and owner requirements.
• Facilitates critique meetings to review information with management team.

Developing and Maintaining Finance 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.
• Monitor the purchasing process as applicable.

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 standard operating procedures.
• 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.

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.
• Facilitate and 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.

JOB REQUIREMENTS

JOB SPECIFICATIONS:

Education and Experience

Preferred: 4-year bachelor's degree in finance and accounting or related major and/or CPA designation.


Required:
Significant experience in hospitality financial leadership with P&L responsibility, ideally in large, full-service hotels with demonstrable results achievement.

Skills and Abilities

• Bilingualism in French & English an asset.
• Other languages an asset.
• Proven ability to lead diverse Teams and affect change through influence
• Knowledge of USALI and Canadian hospitality accounting principles.
• Exceptional communication skills.

THE COMPANY: Marriott Ottawa is operated by InnVest Hotels. Our company culture is built on collaboration. A nimble team where everyone has a voice at the table and an opportunity to pursue their passions.

Our skill sets are as diverse as our portfolio, but we all have a singular focus:

a belief that partnerships deliver the best results, an entrepreneurial approach to decision making, respect for others, a strong sense of integrity, and a curiosity to challenge the status quo.

With over 75 hotels in our portfolio, representing 18 internationally recognized hotel brands, InnVest is the largest independent owner of hotels in Canada.

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