This role serves as the property’s strategic financial leader, responsible for developing and executing property-wide financial strategies. It aims to deliver products and services that meet or surpass the expectations of both the brand’s target customers and property staff. The position offers financial expertise to support the effective implementation of the brand’s service strategy and initiatives, while optimising return on investment. Additionally, it involves creating and executing a business plan aligned with the property and brand’s overall strategy, focusing on managing financial and accounting operations and achieving favourable financial results.


CORE WORK ACTIVITIES


Engaging in Strategic Planning and Decision Making
• Analyses financial data and market trends.
• Reviews information, forecasts sales versus expenses, and develops annual budgets.
• Collects data, tracks actual sales against projections.
• Finds ways to boost profits by estimating costs and benefits and exploring new business opportunities.
• Compares actual wage budgets to forecasts for better planning.
• Breaks down information to understand the principles, reasons, or facts behind it.
• Uses creative and practical thinking to develop, execute, and implement new business strategies.
• Protects our competitive edge by supporting sound business and financial decisions.
• Ensures strong accounting and operational controls to safeguard assets and enhance profitability.
• Sets up appropriate controls to manage business risks.
Leading Accounting Teams
• Utilises interpersonal and communication skills to lead, influence and encourage others; advocates sound financial and business decision-making; demonstrates honesty and integrity; leads by example.
• Communicates strategic goals, focus and owner priorities to subordinates in a clear and precise manner.
• Provides excellent leadership by assigning team members and other departmental managers, ensuring clear accountability backed by appropriate authority.
• Holds staff accountable for successful performance.


Developing and Maintaining Finance and Accounting Goals
• Supports property strategy from a finance and accounting perspective
• Submits reports in a timely manner, ensuring delivery deadlines.
• Ensures Profits and Losses are documented accurately.
• Achieves and exceeds goals, including performance goals, budget goals, team goals, etc.
• Ensures appropriate corrections are made to audit results if necessary.
• Reviews audit issues to ensure accuracy.


Managing Projects and Policies
• Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
• Generates and providing accurate and timely results in the form of reports, presentations, etc.
• Ensures compliance with standard and local operating procedures (SOPs and LSOPs).
• Oversees internal, external and regulatory audit processes.
• Ensures compliance with Standard Operating Procedures (SOPs).
• Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).


Anticipating and Delivering on the Needs of Key Stakeholders
• Understands and fulfils the needs of key stakeholders such as owners, corporate, and guests.
• Comprehends the owners’ perspective and their ROI expectations.
• Predicts and addresses owner needs, involving ownership in key decisions.
• Uses strong leadership and communication skills to influence the executive team, shape the property’s strategies, and lead the team.
• Provides advice to the GM and executive committee on current and emerging operational and financial issues.
• Conducts critique meetings to review information with management.
• Participates in owners’ meetings to explain and provide context for financial results.
• Engages in meetings and communication with owners to understand their priorities and strategic focus.
• Shows a dedicated commitment to satisfying all key stakeholders.
• Explains financial concepts clearly and convincingly to promote understanding and desired actions.


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.




CANDIDATE PROFILE


Education and Experience
• A 4-year bachelor’s degree in finance and accounting or a related field, along with over 5 years of experience in finance and accounting or a similar professional domain.
OR
• A master’s degree in finance and accounting or a related discipline, combined with more than 5 years of experience in finance and accounting or an equivalent professional area.