Dir Finance B

About the Role

Sheraton is seeking a Dir-Finance-B to function as the property’s strategic financial business leader. This full-time role involves championing, developing, and implementing property-wide strategies to deliver products and services that meet or exceed the needs of the brand’s target customer and property employees. The position requires 2-5 years of experience and provides financial expertise to ensure the successful implementation of brand service strategies and initiatives, while maximizing return on investment.

Strategic Planning and Decision Making

The Dir-Finance-B will create and execute a business plan aligned with the property and brand’s business strategy, focusing on financial activities and delivering desirable financial results. Key responsibilities include:

• Developing methods to improve profit, including cost/benefit estimation and exploring new business opportunities.
• Analyzing information, forecasting sales against expenses, and creating annual budget plans.
• Compiling, analyzing, and monitoring actual sales against projected sales.
• Analyzing differences between actual and forecasted budget wages for efficient planning.
• Identifying underlying principles and facts by breaking down information or data.
• Developing, executing, and implementing new business plans.
• Creating the annual operating budget for the property.
• Providing analytical support during budget reviews to identify cost-saving and productivity opportunities.
• Implementing appropriate controls to manage business risks and safeguarding assets.
• Analyzing financial data and market trends.
• Leading the development and implementation of a comprehensive annual business plan.
• Monitoring operating department’s actual and projected sales and producing accurate forecasts.

Leadership and Stakeholder Engagement

This role involves leading finance teams and engaging with key stakeholders. Responsibilities include:

• Leading, influencing, and encouraging others through strong interpersonal and communication skills.
• Communicating strategic goals, focus, and owner priorities clearly.
• Influencing the executive team and property strategies through functional leadership.
• Overseeing internal, external, and regulatory audit processes.
• Assigning clear accountability to team members and other department managers.
• Conducting annual performance appraisals with direct reports.
• Attending meetings and communicating with owners to understand priorities.
• Advising the General Manager and executive committee on operating/financial issues.
• Communicating financial concepts clearly to drive desired behaviors.
• Managing communication with owners and property working capital/cash flow.

Financial Management and Compliance

The Dir-Finance-B is responsible for developing and maintaining financial goals, managing projects, and ensuring policy compliance. This includes:

• Ensuring accurate documentation of Profits and Losses.
• Monitoring all applicable taxes, ensuring they are current, collected, or accrued.
• Submitting reports in a timely manner.
• Developing and supporting the achievement of performance, budget, and team goals.
• Improving profit growth in operating departments.
• Reviewing audit issues for accuracy and monitoring the purchasing process.
• Generating accurate and timely reports and presentations.
• Reconciling balance sheets to ensure account balances are supported by documentation.
• Ensuring the P&L is accurate and costs are properly matched to revenue.
• Ensuring compliance with management contracts, reporting requirements, and operating procedures.

Human Resources Activities

The role also involves managing and conducting human resource activities within the finance department, such as:

• Ensuring team members are cross-trained for successful daily operations.
• Administering property policies fairly and consistently.
• Ensuring new hires participate in the department’s orientation and receive appropriate training.
• Creating development plans based on individual strengths, needs, and career aspirations.
• Conducting performance reviews for employees.
• Participating in hiring activities as appropriate.

About Sheraton

Sheraton, a brand within Marriott International, has been a gathering place since 1937. Associates at Sheraton create a sense of belonging in over 400 communities globally. The company is committed to being an equal opportunity employer, valuing and celebrating the unique backgrounds, culture, talent, and experiences of its associates. Sheraton fosters an environment of non-discrimination on any protected basis, including disability and veteran status.