Job Summary
The Director of Finance serves as the property’s strategic financial business leader. This role champions, develops and implements property-wide strategies that meet or exceed the needs of the brand’s target customers and property employees. The position provides financial expertise to support the successful implementation of the brand service strategy and initiatives while maximizing return on investment. The role creates and executes a business plan aligned with the property and brand strategy, focused on financial execution and desirable financial results.
Key Responsibilities
Strategic Planning and Decision Making
- Create the annual operating budget and business plan, aligned with the company’s and brand’s strategic direction.
- Forecast sales against expenses, monitor actual versus projected sales, and analyze wage and cost variances.
- Develop ways to improve profit, explore new business opportunities, and implement controls to manage business risks.
Leading Finance Teams
- Lead, influence and communicate strategic goals and priorities clearly to subordinates and the executive team.
- Oversee internal, external and regulatory audit processes and assign clear accountability to team members and department managers.
- Conduct annual performance appraisals with direct reports.
Stakeholder Needs and Communication
- Advise the GM and executive committee on operating and financial issues.
- Manage communication with owners, understand their priorities, and manage property working capital and cash flow.
- Communicate financial concepts clearly and persuasively to drive desired behaviors.
Financial Reporting, Compliance and Controls
- Ensure accurate profit and loss statements, reconciled balance sheets, and timely report submission.
- Monitor applicable taxes and ensure compliance with management contract, reporting requirements and standard operating procedures.
Human Resources
- Ensure team members are cross-trained, new hires receive orientation and training, and policies are applied fairly and consistently.
- Create development plans based on individual strengths, needs and career aspirations, and participate in hiring as appropriate.
Candidate Profile
- Education and experience: Bachelor’s degree in Finance and Accounting or a related major with 3 years of experience in finance, accounting or a related professional area, OR a Master’s degree in Finance and Accounting or a related major with 1 year of experience in the same area.
- Work authorization: You must have the right to work in Morocco to be considered, due to local visa restrictions.
About the Team
The Ritz-Carlton Hotel Marrakech is part of a portfolio of luxury hospitality brands at Marriott International. The brand is known for its “Gold Standards” and for delivering rare and special luxury service with excellence in the care and comfort of its guests. Team members are empowered to be creative, thoughtful and compassionate, and learn and exemplify the brand’s Employee Promise, Credo and Service Values.
Marriott International is an equal opportunity employer, committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law.
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