Market Director of Finance

3 weeks ago

Cape Town, South Africa Marriott International, Inc Full time

**Job Number** 22192736

**Job Category** Finance & Accounting

**Location** MI Regional Office Cape Town, Arthur's Road, Western Cape, South Africa, South Africa VIEW ON MAP

**Schedule** Full-Time

**Located Remotely?** N

**Relocation?** N

**Position Type** Management

**JOB SUMMARY**

Market Director of Finance is an integral part of the Finance Operations Team, providing financial expertise and support to the Area Team in achieving Balance Scorecard targets, managing Owner relations and leading the implementation of business change. In addition, supports the finance organization, ensuring the successful utilization of discipline strategies and brand initiatives while maximizing the return on investment to the Owners and Marriott International.

**CANDIDATE PROFILE**

**Education and Experience**
- 4-year bachelor's degree in Finance and Accounting or equivalent required
- Minimum 5 years experience in a leadership position within Accounting or Finance or related professional area
- Hotel financial management experience preferred
- Strong knowledge of hotel Management Agreements & Fee calculations
- Strong knowledge of Budgeting and Forecasting
- Working knowledge of PeopleSoft, Accpac and EIS accounting systems and Opera PMS will be advantageous.
- Knowledge of Fixed Assets and Depreciation
- Knowledge of VAT and SARS regulation around indirect taxes
- Knowledge of Marriott finance policies will be advantageous.
- Excellent organizational and administrative skills.
- Ability to travel within South Africa.

**CORE WORK ACTIVITIES**

**Managing Work, Projects, and Policies**
- Support Area Director of Finance in identifying opportunities to drive balance scorecard results through strategies and activities to improve financial results, guest satisfaction, human capital and market share.
- Facilitates business review meetings, supporting the area and hotel teams to prepare and present at meetings and reviews.
- Manages communication with Owners in an effective manner, Business Plan presentations, Capital planning, Forecasting etc.
- Manage and prepare presentations for internal and external meetings including owner reviews, Marriott and discipline decks.
- Provides support to identify cost saving and productivity opportunities for the Area, taking a finance lead during meetings in the absence of the Area Director of Finance.
- Ensures compliance with Management agreement terms, legal contract and reporting requirements.
- Analyzes property financial data and market trends, providing data to the Area team in helpful and user-friendly formats.
- Execute strategies and actions to increase return on invested capital. Lead and facilitate the management of cash flow, capital and overall expenses to obtain highest value.
- Assist in preparation of operational projects / ROI documents in conjunction with other key stakeholders.
- Ensures compliance with standard and local operating procedures (SOPs and LSOPs).
- Provides on-going support by monitoring projected sales and ensures the continent takes advantage of synergies opportunities including between properties.
- Acts as the liaison and conduit between above and on property finance disciplines to drive efficiencies and effectiveness of processes and procedures.
- Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
- Lead and participate in regular DOF/FM/CFM calls to ensure timely communication on policy updates, new and updated processes and procedures.
- Submits reports in a timely manner, ensuring delivery deadlines.
- Coaches FM’s/CFM’s to ensures profits and losses are documented accurately.
- Timely follow ups on hotel action plans around ISRA, Controller Audits and resolution of weaknesses in Quickbase
- Maintains a strong accounting and operational control environment to safeguard assets.
- Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources.
- Uses computers and computer systems (including hardware and software) to program, develop financial spreadsheets, set up functions, enter data, or process information.
- Uses relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.

**Leading 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.
- Motivates and provides a work environment where employees are productive.
- Imposes deadlines and delegates tasks.
- Provides an "open door policy" and is highly visible in areas of responsibility.
- Understands how to manage in a culturally diverse work environment.
- Manages the quality process in areas of customer service and employee satisfaction.
- Coaches and guides FM’s/Cluster FM’s to achieve annual LPA goals a

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