Engaging in Strategic Planning and Decision Making
Produces accurate forecasts that enable operations to react to changes in the business.
Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
Compiles information, analyzes and monitors actual sales against projected sales.
Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Leads the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction.
Implements a system of appropriate controls to manage business risks.
Thinks creatively and practically to develop, execute and implement new business plans
Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
Provides on going analytical support by monitoring the operating department’s actual and projected sales.
Creates the annual operating budget for the property.
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.
Analyzes financial data and market trends.
Leading Finance Teams
Advises the GM and executive committee on existing and evolving operating/financial issues.
Demonstrates an understanding of cash flow and owner priorities.
Manages property working capital and cash flow in accordance with brand standard operating procedures and owner requirements.
Leverages strong functional leadership and communication skills to influence the executive team, the property&039;s strategies and to lead own team.
Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
Provides excellent leadership by assigning team members and other departments managers&039; clear accountability backed by appropriate authority.
Conducts annual performance appraisals with direct reports according to standard operating procedures.
Manages communication with owners in an effective manner.
Facilitates critique meetings to review information with management team.
Attends meetings and communicating with the owners, understanding the priorities and strategic focus.
Anticipating and Delivering on the Needs of Key Stakeholders
Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.
Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
Oversees internal, external and regulatory audit processes.
Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.).
Developing and Maintaining Finance Goals
Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
Submits reports in a timely manner, ensuring delivery deadlines.
Ensures Profits and Losses are documented accurately.
Develops and supports achievement of performance goals, budget goals, team goals, etc.
Improves profit growth in operating departments.
Reviews audit issues to ensure accuracy.
Monitor the purchasing process as applicable.
Managing Projects and Policies
Creates appropriate development plans which develop team members based on their individual strengths, development needs, career aspirations and abilities.
Ensures team members are cross- trained to support successful daily operations.
Ensures compliance with standard operating procedures.
Managing and Conducting Human Resource Activities
Ensures compliance with standard and local operating procedures.
Ensures compliance with management contract and reporting requirements.
Ensures property policies are administered fairly and consistently.
Participates in hiring activities as appropriate.
Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).
Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with standard operating procedures.
Ensures new hires receive the appropriate new hire training to successfully perform their job.
Generates and provides accurate and timely results in the form of reports, presentations, etc.
Conduct performance review process for employees.
Ensures new hires participate in the department’s orientation program.
