Financial Cost Controller (The St. Regis Aruba Resort)

Job description

JOB SUMMARY 

The position champions and implements Procurement and property-wide strategies that deliver products and services to meet or exceed the needs and expectations of the brand’s target customer and property employees. The position provides the financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment. 

CANDIDATE PROFILE 

Education and Experience

• 4-year bachelor's degree in Finance and Accounting or related major; 1 year leadership role in finance and accounting, procurement or related professional area.

OR

• 2-year degree from an accredited university in Finance and Accounting or related major; 3 years progressive experience in finance and accounting, procurement or related professional area.

CORE WORK ACTIVITIES

Supporting Strategic Planning and Decision Making

·  Analyzes financial data and market trends.
·  Assists in analyzing information, forecasts sales against expenses and creates annual budget plans.
·  Compiles information, analyzes and monitors actual sales against projected sales.
·  Assists in developing means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
·  Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
·  Thinks creatively and practically to develop, execute and implement new business plans
·  Protects and strengthens our competitive advantage by advocating and supporting sound business and financial decision making.
·  Implements a system of appropriate controls to manage business risks.

Accounting & Procurement Key Responsibilities

·  Calculate figures for food inventories, orders, and costs. Maintain clear and organized records to ensure all reports and invoices are filed and stored properly. Post invoices using computer programs. Conduct inventory audits to determine inventory levels and needs. Complete requisition forms for inventory and supplies. Notify manager/supervisor of low stock levels. Verify and track received inventory and complete inventory reports and logs. Reconcile shipping invoices and receiving reports to ensure count accuracy. Receive, unload, and process deliveries. Refuse acceptance of damaged, unacceptable, or incorrect items. Troubleshoot vendor delivery issues and oversee return process. Adhere to food safety and handling policies and procedures across all food-related areas. Monitor PAR levels for all food items to ensure proper levels. 
·  Conduct inventory audits to determine inventory levels and needs.
·  Lock and unlock secure merchandise storage areas.
·  Notify manager/supervisor of low stock levels in a timely manner.
·  Work with suppliers to resolve discrepancies between invoices and actual received merchandise, and report to manager/supervisor as necessary.
·  Verify and track received inventory and complete inventory reports and logs.
·  Order packaging, raw materials, and supplies as needed.
·  Reconcile shipping invoices and receiving reports to ensure count accuracy.
·  Complete requisition forms for inventory and supplies.
·  Use technology to send, receive, and print out product requisitions.
·  Receive, unload, and process deliveries and account for incoming freight based on invoice and receiving reports.
·  Troubleshoot vendor delivery issues.
·  Oversee return process by verifying counts, shipping addresses, labels, etc.
·  Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
·  Communicates the goals and the owner priorities to subordinates in a clear and precise manner.
·  Provides excellent leadership by assigning team members and other departments managers' 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 meets the needs of key stakeholders (owners, corporate, guests, etc.).
·  Understands the owners' perspective and ROI expectations.
·  Anticipates and addresses owner needs and involves ownership in key decisions.
·  Leverages strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team.
·  Advises the GM and executive committee on existing and evolving operating/financial issues.
·  Facilitates critique meetings to review information with management team.
·  Attends owners meetings in order to provide context and explanation for financial results.
·  Attends meetings and communicates with the owners, understanding the priorities and strategic focus.
·  Demonstrates a commitment to meeting the needs of all key stakeholders.
·  Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.

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.

Additional Responsibilities 

• Provides information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.

• Demonstrates personal integrity.

• Uses effective listening skills.

• Demonstrates self confidence, energy and enthusiasm.

• Manages group or interpersonal conflict effectively.

• Informs and/or updates the executives, the peers and the subordinates on relevant information in a timely manner.

• Manages time well and possesses strong organizational skills.

• Presents ideas, expectations and information in a concise well organized way.

• Uses problem solving methodology for decision making and follow up.

• Makes collections calls if necessary.

• Other duties as required. 

 

At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated. Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates. We are committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law.

Combining timeless glamour with a vanguard spirit, St. Regis Hotels & Resorts is committed to delivering exquisite experiences at more than 50 luxury hotels and resorts in the best addresses around the world. Beginning with the debut of The St. Regis hotel in New York by John Jacob Astor IV at the dawn of the twentieth century, the brand has remained committed to an uncompromising level of bespoke and anticipatory service for all of its guests, delivered flawlessly by a team of gracious hosts that combine classic sophistication and modern sensibility, as well as our signature Butler Service. We invite you to explore careers at St. Regis. In joining St. Regis, you join a portfolio of brands with Marriott International. Be where you can do your best work,​ begin  your purpose,  belong  to an amazing global​ team, and  become  the best version of you.