Financial Director

3 days ago


Portland, Maine, United States Marriott Full time
Job Title: Financial Director

We are seeking a highly skilled Financial Director to join our team at The Westin Portland Harborview. As a key member of our management team, you will be responsible for overseeing all financial activities, including budgeting, forecasting, and financial reporting.

Responsibilities:
  • Verify the accuracy and timeliness of all finance functions, including daily and month-end reporting, payroll processing, income audit, accounts payable, accounts receivable, and cash and credit card management.
  • Complete comprehensive month-end close, including preparing journal entries and accruals, completing cost of sales entries, reconciling balance sheet accounts, ensuring proper tax reporting, and analyzing profit performance.
  • Develop and achieve financial goals, including creating the annual operating plan aligned with the company's strategic direction.
  • Provide analytical tools and support to department heads during budget preparation.
  • Lead the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels.
  • Implement and uphold business practices that positively support our obsession with having sales-driven culture.
  • Ensure monthly P&Ls reflect accurate revenues, expenses, and cost of sales calculations.
  • Analyze daily, monthly variances between actual, forecasted, and budgeted performance.
  • Advise GM and executive team on existing and upcoming financial and operational issues.
  • Analyze financial data and operational and market trends to identify opportunities for improvement.
  • Lead the property in developing and maintaining a strong labor culture that maximizes productivity and performance.
  • Facilitate monthly P&L reviews to uncover challenges, opportunities, and trends.
  • Manage capital expense budget and reconcile expenditures monthly.
  • Ensure strong accounting and operational controls to safeguard assets and maximize profits.
  • Oversee internal and city audit processes.
  • Manage the accurate collection, posting, and reconciliation of occupancy taxes, sales taxes, and transient marketing district (TMD) fees.
  • Reconcile balance sheet accounts monthly and ensure totals are supported by appropriate documentation.
Requirements:
  • Possess a 4-year Bachelor Degree in Finance/Accounting and a minimum of 5 years of experience in a finance leadership position or a 5+ year history of progressive career growth in hotel finance (or in a similar industry).
  • Experience with budgeting, forecasting, profit and loss reporting, and balancing ledgers for operating and balance sheet accounts.
  • Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions.
  • Ability to use logic to define a problem, collect information, establish facts, draw valid conclusions, interpret information, and deal with abstract variables for unique or unfamiliar situations.
  • Proven leadership and coaching skills with a track record of developing a highly motivated and cross-trained group of progressive accounting professionals.
  • Ability to clearly and concisely present technical subjects.
  • Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations.
  • Ability to comprehend and use technical or professional language either written or spoken to communicate complex ideas.
  • Superior computer skills, including Microsoft Office, POS/PMS systems, and the ability to create, maintain, and analyze data in Excel spreadsheets.
  • Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours based on business needs.
  • Supervises and leads the professional development of a dynamic finance team.
  • Demonstrate leadership and strategic decision-making.
  • Thinks creatively and practically to develop, execute, and implement business strategies.
  • Utilizes effective interpersonal and communication skills to lead, influence, and drive the performance of others.
  • Leads by example by demonstrating honesty and integrity in all business and personnel decisions.
  • Leverages strong financial and operational leadership skills to guide the executive team, influence property focus areas, and lead own department.
  • Communicates complex financial concepts and expectations in a clear manner that drive results.
  • Possesses behavioral styles that convey confidence and command respect from others.
  • Maintains peak performance levels under pressure and in a dynamic work environment.
Benefits:
  • Competitive salary and bonus structure.
  • Comprehensive benefits package, including medical, dental, and vision coverage, short-term and long-term disability income, term life and AD&D insurance, paid time off, employee assistance program, and 401(k) retirement plan.
  • Opportunities for professional growth and development.
  • A dynamic and supportive work environment.

We are an equal opportunity employer and welcome applications from diverse candidates. If you are a motivated and experienced financial professional looking for a new challenge, please submit your application today.


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