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Senior Assistant Director of Finance and Accounting

Posted June 17, 2022

The Ritz-Carlton New York, Central Park
New York, NY
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About This Job

Job Summary

Assists in the championing, development, and implementation of 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. Provides financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment. In addition, assists in the creation and execution of a business plan that is aligned with the property and brand’s business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results.

Candidate Profile

Education And Experience
  • 4-year bachelor's degree in Finance and Accounting or related major; 1 years experience in the finance and accounting or related professional area.

OR

  • Master's degree in Finance and Accounting or related major; no work experience required.

Core Work Activities

Assisting In Strategic Planning And Decision Making
  • Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
  • Analyzes information, forecasts sales against expenses and creates 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.
  • Assists in identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
  • Thinks creatively and practically to assist in the development, execution and implementation of new business plans
  • Assists in the creation of the annual operating budget for the property.
  • Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
  • Assists in the implementation of a system of appropriate controls to manage business risks.
  • Analyzes financial data and market trends.
  • Assists in the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction.
  • Provides on going 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 & Accounting Team

  • 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.
  • Oversees internal, external and regulatory audit processes.
  • Provides excellent leadership by assigning team members and other departments 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 communicates with the owners, understanding the priorities and strategic focus.
  • Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.).
  • Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
  • 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 SOPs and owner requirements.
  • Facilitates critique meetings to review information with management team.

Developing And Maintaining Finance And Accounting 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.

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 SOPs.
  • 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 (SOPs and LSOPs).
  • Ensures compliance with Standard Operating Procedures (SOPs).

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.
  • 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.

This position requires proof of full vaccination against COVID-19 prior to the first date of employment, subject to applicable law. If you are offered employment, this requirement must be met by your date of hire, unless a reasonable accommodation request is received and approved.

Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.
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About this Employer

The Ritz-Carlton New York, Central Park

50 Central Park South
New York, NY 10019

+1 (212) 308-9100

259 Room Hotel

www.ritzcarlton.com

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The Ritz-Carlton New York, Central Park hotel offers all the elegance and charm of a private home in the heart of New York City. This award-winning Manhattan luxury hotel features 259 lavishly-appointed guest rooms, including 47 luxury hotel suites, and The Ritz-Carlton Club® Lounge experience for guests seeking a heightened level of comfort and privacy. In addition to superlative service and intimate surroundings, The Ritz-Carlton Club® Lounge serves five delectable culinary offerings throughout the day.Premier among luxury Manhattan hotels, The Ritz-Carlton New York, Central Park offers luxurious hotel amenities and personalized service. Unwind with striking views over Central Park, or step out the doors to enjoy all the adventures that New York City has to offer when you stay at our luxury hotel in Manhattan. The Ritz-Carlton New York, Central Park is a Tier 5 property in The Ritz-Carlton Rewards.