Franchised Director of Finance

Profile

Job Number 23024076

Job Category Finance & Accounting

Location Cardo Roma Autograph Collection, Viale del Pattinaggio 100, Rome, Italy, Italy

Schedule Full-Time

Located Remotely? N

Relocation? Y

Position Type Management

Additional Information: This hotel is owned and operated by an independent franchisee, Larimar Rome Hotel Operations S.r.l.. The franchisee controls all aspects of the hotel’s employment policies and practices, including the selection and hiring process. If you accept a position at this hotel you will be employed by a franchisee and not by Marriott International.

JOB SUMMARY

Overall Job Purpose


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 hotel 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 activities and the delivery of desirable financial results.


Principal Accountabilities


Engaging in Strategic Planning and Decision Making
Develop means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
Analyze information, forecasts sales against expenses and creates annual budget plans.
Compile information, analyzes and monitors actual sales against projected sales.
Analyze differences between actual budget wages and forecasted wages for more efficient budget planning.
Identify the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Think creatively and practically to develop, execute and implement new business plans
Create the annual operating budget for the property.
Provide analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
Implement a system of appropriate controls to manage business risks.
1Ensure a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
Analyze financial data and market trends.
Lead the development and implementation of a comprehensive annual business plan, which 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.
Produce accurate forecasts that enable operations to react to changes in the business.


Leading Finance Teams


Utilize interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision-making; demonstrates honesty/integrity; leads by example.
Communicate the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.
Leverage strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team.
Oversee internal, external and regulatory audit processes.
Provide excellent leadership by assigning team members and other departments managers' clear accountability backed by appropriate authority.
Conduct annual performance appraisals with direct reports according to standard operating procedures.
Anticipating and Delivering on the Needs of Key Stakeholders
Attend meetings and communicating with the owners, understanding the priorities and strategic focus.
Understand and meet the needs of key stakeholders (owners, corporate, guests, etc.).
Advise the GM and executive committee on existing and evolving operating/financial issues.
Communicate financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
Demonstrate an understanding of cash flow and owner priorities.
Manage communication with owners in an effective manner.
Manage property working capital and cash flow in accordance with brand standard operating procedures and owner requirements.
Facilitate critique meetings to review information with management team.


Developing and Maintaining Finance Goals


Ensure Profits and Losses are documented accurately.
Monitor all taxes that apply, ensuring that taxes are current, collected and/or accrued.
Submit reports in a timely manner, ensuring delivery deadlines.
Develop and support achievement of performance goals, budget goals, team goals, etc.
Improve profit growth in operating departments.
Review audit issues to ensure accuracy.
Monitor the purchasing process as applicable.


Managing Projects and Policies


Generate and provide accurate and timely results in the form of reports, presentations, etc.
Reconcile balance sheet to ensure account balances are supported by appropriate documentation in accordance with standard operating procedures.
Ensure that the P&L is accurate (e.g., costs are properly matched to revenue; costs are recorded in the proper accounts).
Ensure compliance with management contract and reporting requirements.
Ensure compliance with standard and local operating procedures.
Ensure compliance with standard operating procedures.


Managing and Conducting Human Resource Activities


Ensure team members are cross-trained to support successful daily operations.
Ensure property policies are administered fairly and consistently.
Ensure new hires participate in the department’s orientation program.
Ensures new hires receive the appropriate new hire training to successfully perform their job.
Create appropriate development plans which develop team members based on their individual strengths, development needs, career aspirations and abilities.
Conduct performance review process for employees.
Participate in hiring activities as appropriate.


JOB REQUIREMENT

Competencies

• Action orientated with a drive for results

• Analytical Skills

• Strong math’s skills

• Attention to detail

• Problem solver

• Positive approach

• ERP Software and Opera experience

Qualifications, Skills & Experience

• Fluent in both Italian and English

• Strong understanding of finance and accounting

• Internationally experienced

• Affinity with a more refined lifestyle

Candidate profile

Education and Experience

Minimum 4-year experience in similar role in comparable property with sizeable rooms and meeting spaces.

Preferred:

• Has demonstrated the ability to always work on behalf of Guests

• Has demonstrated the ability to work with other Team Members

• Successful track record of working in a collaborative/matrixed environment

• Ability to evaluate and identify business opportunities for a business

This company is an equal opportunity employer.

frnch1

Marriott's Autograph Collection features a select group of upscale and luxury independent partner hotels, each with its own distinct personality, experience, style and features. Located in major cities and desirable destinations around the world, Autograph guests favor hotel stays that reflect their own unique and personal styles. Be a part of our team and deliver an innovative guest experiences that resists predictability.

Company info

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