Posting Date Feb 16, 2021
Job Number 21012491
Job Category Finance & Accounting
Location Pine Cliffs Hotel a Luxury Collection Resort Algarve, Praia Da Falesia, Albufeira, Portugal, Portugal VIEW ON MAP
Brand The Luxury Collection
Position Type Management
The Luxury Collection is a glittering ensemble of locally authentic hotels and resorts from around the world. Our hotel teams curate the world’s most enriching and desirable destination experiences. Our mission is to guide our guests, these seasoned travelers on transformative journeys that touch their spirits, enrich their lives and create lasting memories. If you are someone with an appreciation for evocative storytelling and a desire to provide genuine, personalized, and anticipatory service, then we invite you to join us on our journey and explore a career with The Luxury Collection.
The Assistant Director of Finance manages the day-to-day operation of the Accounting Office and assists the property Director of Finance in providing financial leadership to the business. Primary responsibilities include financial analysis and financial reporting, budgeting/forecasting, audit and control, asset and liability accounts reconciliation, working capital and cash control. Assists with capital expenditure plans (Return On Investment Analysis), owner relations and owner reporting.
Education and Experience
· 4-year bachelor's degree in Finance and Accounting or related major; Minimum of two years related previous experience, plus one to two years supervisory experience..
CORE WORK ACTIVITIES
· Leading Accounting Team Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
· Oversees internal, external and regulatory audit processes.
· Ensures that regular on-going communication occurs with employees to create awareness of business objectives, communicate expectations, and recognize performance.
· Celebrates successes by publicly recognizing the contributions of team members.
· Establishes and maintains open, collaborative relationships with employees and ensures employees do the same within the team.Provides excellent leadership (e.g., differentiates top performers, fosters teamwork and encourages work/life balance).
· Ensures employees establish and maintain open, collaborative relationships within their team.
· Participates in the employee performance appraisal process, providing feedback as needed.
· Ensures disciplinary procedures and documentation are completed according to Standard and Local Operating Procedures (SOPs and LSOPs) and support the Peer Review Process.
· Ensures property policies are administered fairly and consistently.
· Utilizes an "open door" policy.
· Solicits employee feedback.
Managing Projects and Policies
· Generates and provides accurate and timely results in the form of reports, presentations, etc.
· Analyzes information and evaluates results to choose the best solution and solve problems.
· Compiles, codes, categorizes, calculates, tabulates, audits, or verifies information or data.
· Ensures that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered to appropriate individuals in a timely manner.
· Reconciles balance sheet.
· Ensures tax rates used for sales/use tax are current and proper amounts are collected and/or accrued.
· Ensures compliance with standard and local operating procedures (SOPs and LSOPs).
· Ensures account balances are supported by appropriate documentation in accordance with SOPs.
· Reviews audit issues and makes corrections as necessary.
· Ensures property permits, licenses and if applicable vendor contracts are current.
· Leverages centralized accounting processes and shared services.
Demonstrating and Applying Accounting Knowledge
· Demonstrates knowledge of job-relevant issues, products, systems, and processes.
· Keeps up-to-date technically and applying new knowledge to your job.
· Uses computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
· Uses relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
· Leverages technology and effectively uses information systems and tools to generate financial reports and provide managers with analytical support to drive decision-making.
Proving Financial Information and Guidance to Others
· Informs and/or updates the executives, the peers and the subordinates on relevant financial information in a timely manner.
· Attends critique meetings to review information with management team.
· Advises the Director of Finance on existing and evolving operating/financial issues.
· Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
· Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources.
· Provides information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
Maintaining Finance and Accounting Goals
· 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.
· Develops specific goals and plans to prioritize, organize, and accomplish your work.
· Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
· Supports a strong accounting & operational control environment to safeguard assets, improve operations and profitability and manage business risks.
· Adaptability - Determines how change impacts self and others; displays flexibility in adjusting priorities; and communicates both the reasons for change and how it impacts the workplace.
· Communication - Customizes approach to conveying complex information and ideas to others in a convincing and engaging manner; appropriately interprets verbal and non-verbal behavior; and models active listening to ensure understanding..
· Problem Solving and Decision Making - Models and coaches others on breaking complex issues into manageable parts, identifying and evaluating alternatives and their implications before making decisions, and involving and gaining agreement from others when making key decisions.
· Professional Demeanor - Exhibits behavioral styles that convey confidence and command respect from others; makes a good first impression and represents the company in alignment with its values.
· Building and Contributing to Teams - Leads and participates as a member of a team to move the team toward the completion of common goals while fostering cohesion and collaboration among team members.
· Driving for Results - Sets high standards of performance for self and/or others; assumes responsibility for work objectives; initiates, focuses, and monitors the efforts of self and/or others toward the accomplishment goals; proactively takes action and goes beyond what is required.
· Planning and Organizing - Gathers information and resources required to set a plan of action for self and/or others; prioritizes and arranges work requirements for self and/or others to accomplish goals and ensure work is completed.
· Coworker Relationships - Interacts with others in a way that builds openness, trust, and confidence in the pursuit of organizational goals and lasting relationships.
· Customer Relationships - Develops and sustains relationships based on an understanding of customer needs and actions consistent with the company’s service standards.
· Global Mindset - Supports employees and business partners with diverse styles, abilities, motivations, and/or cultural perspectives; utilizes differences to drive innovation, engagement and enhance business results; and ensures employees are given the opportunity to contribute to their full potential.
Generating Talent and Organizational Capability
· Organizational Capability - Evaluates and adapts the structure of team assignments and work processes to best fit the needs and/or support the goals of an organizational unit.
· Talent Management - Provides guidance and feedback to help individuals develop and strengthen skills and abilities needed to accomplish work objectives.
Learning and Applying Professional Expertise
· Applied Learning - Seeks and makes the most of learning opportunities to improve performance of self and/or others.
· Business Acumen - Understands and utilizes business information to manage everyday operations and generate innovative solutions to approach team, business, and administrative challenges.
· Technical Acumen - Understands and utilizes professional skills and knowledge in a specific functional area to conduct and manage everyday business operations and generate innovative solutions to approach function-specific work challenges
o Auditing and Reconciliation - The ability to recognize, research, and resolve discrepancies in financial data, and create flow charts on main accounting and control cycles (A/R, AP, Cash) to facilitate understanding of key control points.
o General Finance and Accounting - The ability to perform bookkeeping procedures, proficiently use financial systems technology, and accurately complete general ledger entries; knowledge of database structures in order to obtain financial queries; establish Cash flow statements and cash flow forecast with a good understanding the financials flows and the working capital needs.
o Analysis - The ability to create and maintain spreadsheets as well as analyze and summarize financial data using appropriate financial software.
o Accounting Knowledge - Knowledge of general accounting principles and current company accounting policies and procedures. This includes general accounting and financial reporting, auditing, accounts payable, and accounts receivable.
o Auditing Skills - The ability to perform auditing procedures, including the ability to recognize, research, and resolve discrepancies in financial data.
o Accounts Payable and Accounts Receivable - Knowledge of Accounts Payable and Accounts Receivable processes, including knowledge of subledger reconciliation and controls.
· Basic Competencies - Fundamental competencies required for accomplishing basic work activities.
o Basic Computer Skills - Uses basic computer hardware and software (e.g., personal computers, word processing software, Internet browsers, etc.).
o Mathematical Reasoning - Demonstrates ability to add, subtract, multiply, or divide quickly, correctly, and in a way that allows one to solve work-related issues.
o Oral Comprehension - Demonstrates ability to listen to and understand information and ideas presented through spoken words and sentences.
o Reading Comprehension - Demonstrates understanding of written sentences and paragraphs in work-related documents.
o Writing - Communicates effectively in writing as appropriate for the needs of the audience.
Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.