Dir Finance & Accounting📣 Job Ad

About the Role

Sheraton Hotels & Resorts is seeking a Director of Finance & Accounting to lead financial operations for its property in Medina, located in the Central Area. This full-time position requires a strategic financial leader who will drive profitability and ensure the successful implementation of brand strategies while maximizing return on investment.

Strategic Financial Leadership

As the property's strategic financial business leader, you will champion and implement property-wide strategies to meet or exceed guest and employee expectations. This role involves providing financial expertise to support brand initiatives and maximize return on investment. You will create and execute a business plan aligned with the property and brand's strategy, focusing on financial and accounting activities to achieve desirable financial results.

Key Responsibilities

• Develop strategies to improve profit, including cost-benefit analysis and exploring new business opportunities.
• Analyze financial information, forecast sales against expenses, and create annual budget plans.
• Monitor actual sales against projected sales and analyze budget variances for efficient planning.
• Identify underlying principles and facts within data to inform decision-making.
• Develop and implement new business plans, creating the annual operating budget for the property.
• Provide analytical support during budget reviews to identify cost-saving and productivity opportunities.
• Implement and maintain appropriate controls to manage business risks and ensure a strong accounting and operational control environment.
• Analyze financial data and market trends, leading the development of a comprehensive annual business plan.
• Produce accurate forecasts to enable operational adjustments.
• Oversee internal, external, and regulatory audit processes.
• Ensure accurate documentation of profits and losses, monitor tax compliance, and submit reports in a timely manner.
• Reconcile balance sheets and ensure the accuracy of the Profit and Loss statement.
• Ensure compliance with management contracts, reporting requirements, and operating procedures.

Team Leadership and Stakeholder Management

Utilize strong interpersonal and communication skills to lead, influence, and encourage teams and other departments. Communicate strategic goals clearly and precisely. Advise the General Manager and executive committee on operating and financial issues, communicating financial concepts effectively. Manage communication with owners, understanding their priorities and strategic focus, and manage property working capital and cash flow in accordance with brand standards and owner requirements. Conduct annual performance appraisals and participate in hiring activities.

Qualifications and Experience

Candidates should possess a 4-year bachelor's degree in Finance and Accounting or a related major, with 2 years of experience in finance and accounting or a related professional area. Alternatively, a Master's degree in Finance and Accounting or a related major with no work experience is acceptable. The required experience level for this role is between 2-5 years.

Human Resources and Development

Ensure team members are cross-trained for successful daily operations and that property policies are administered fairly. Oversee new hire orientation and training programs. Create development plans for team members based on their strengths, development needs, and career aspirations. Conduct performance reviews for employees and participate in hiring activities as appropriate.