Chief Financial Operations Officer

6 days ago

San Francisco, California, United States Marriott Full time

Job Summary

The Chief Financial Operations Officer will lead the development and implementation of property-wide strategies that deliver products and services to meet or exceed the needs and expectations of our target customer and property employees. This position provides financial expertise to enable the successful implementation of our service strategy and brand initiatives while maximizing return on investment.

Key Responsibilities:

  1. 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.
  • Compile information, analyze, and monitor actual sales against projected sales.
  • Identify underlying principles, reasons, or facts of information by breaking down 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.
  • Ensure 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 aligned with our 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 & Accounting Teams
  • Utilize interpersonal and communication skills to lead, influence, and encourage others; advocate sound financial/business decision making; demonstrate honesty/integrity; lead by example.
  • Communicate strategic goals, focus, and owner priorities to subordinates in a clear and precise manner.
  • Leverage strong functional leadership and communication skills to influence the executive team, property strategies, and 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 communicate with owners, understanding 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 SOPs and owner requirements.
  • Facilitate critique meetings to review information with management team.
Developing and Maintaining Finance and Accounting Goals
  • Ensure profits and losses are documented accurately.
  • Monitor all taxes that apply, ensuring 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.

Benefits

We offer a competitive salary range of $158,000 to $206,000 annually, as well as a comprehensive benefits package, including health insurance, 401(k) plan with up to 5% company match, employee stock purchase plan at 15% discount, paid time off, life insurance, group disability insurance, travel discounts, adoption assistance, paid parental leave, health savings account (except for positions based out of or performed in Hawaii), flexible spending accounts, tuition assistance, pre-tax commuter benefits, other life and work wellness benefits, and may include other incentives such as stock awards and deferred compensation plans.

About Us

We're Marriott International, a global hospitality leader committed to igniting curiosity, expanding worlds, and opening doors to unforgettable experiences. As a leading provider of luxury accommodations and services, we strive to inspire originality, innovation, and creativity within our teams. Join us in shaping the future of hospitality and become part of a dynamic community that values inclusivity, diversity, and professionalism. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of yourself.

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