JW Marriott
Additional Information Job Number 26086730 Job Category Finance & Accounting Location Sheikh Zayed Road, Business Bay, Dubai, United Arab Emirates, United Arab Emirates, 121000VIEW ON MAP Schedule Full Time Located Remotely? N Position Type Management Job Summary Experience: • Varies by size and complexity of property Skills And Knowledge • Financial management skills, e.g., ability to analyze P&L Statements, develop operating budgets, prepare a short- and long-term forecast and champion capital expenditure planning • Strong communication skills (verbal, listening, writing) • Strong organization skills • Strong analytical skills • Strong problem-solving skills • Ability to use standard software applications and hotel systems; technology-savvy • Ability to acquire and maintain relationships, e.g., associates, customers, vendors • Effective decision-making skills • Effective influence skills • Good negotiation skills • Effective conflict management skills • Effective change management skills • Strong customer and associate relation skills • Basic legal expertise related to hotel issues • Good presentation and platform skills • Knowledge of purchasing, inventory controls, supplies and equipment • Knowledge of overall hotel operations as they affect department • Ability to effectively manage labor productivity • Knowledge of government regulations and safety standards Education or Certification • Bachelor/master’s degree in accounting, Finance, Business Administration or related field required The following are specific responsibilities and contributions critical to the successful performance of the position: • Knowledge of all Accounting Practices, Procedures and Policies including Marriott SOP’s, Hotel LSOP’s and all related Marriott Corporate policies. • Sound understanding of front and back-office systems is displayed. Able to display good knowledge and skills of Microsoft Office products, e.g., Excel, Word and PowerPoint. • Ensure P&L Accuracy and Timelines: • Costs are properly matched to Revenues. • Costs are accurately recorded in the proper accounts. • Period end information is transmitted to Headquarters and Regional Offices on a timely and accurate basis. • Preliminary statements are delivered to Executive Committee and Department heads within 2 days of month end, and final statements within 5 business days. • Reconcile all A&L accounts on a monthly basis to adhere Company standards: • All accounts are reconciled within 2 weeks but no more than 3 weeks of period end • All account balances are documented by physical counts, paid invoices, signed contracts or other supporting information. • On a quarterly basis (or as required by the CFO/RVP - Finance or Area Director of Finance formally designated by the CFO/RVP - Finance) formal reconciliations are reviewed by hotel General Manager (Monthly basis) and forwarded to the CFO/RVP - Finance or Regional Controller formally designated by the CFO/RVP - Finance. • Working capital Management standards are met, are within the framework of the Management Agreement and needs are minimized: • Marriott reimbursements are paid in full per the monthly invoice. • Debt service requirements are understood, and potential shortfalls communicated. • Excess funds are invested in safe, liquid investment vehicles in accordance with SOP and owner requirements. • Participates in and contributes to all material property decisions, providing financial leadership. • The financial policy and perspective is shared and understood by associates. • Financial Training for Property Supervisors and Management are conducted not less than twice a year. • Consults with and supports the activities of the hotel General Manager and members of the Executive Committee. • Establish an effective cross training program within the department. Train Accounting employees and prepare Job Descriptions and responsibilities if required. • React to Corporate and Regional requests. • Replace the Finance Director/Financial Controller in his absence. Leadership • 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 behaviour; 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 Demeanour - Exhibits behavioural styles that convey confidence and command respect from others; makes a good first impression and represents the company in alignment with its values. Managing Execution • 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. Building Relationships • Co-worker 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 Mind-set - 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
Bachelor or Master’s degree in accounting, Finance, Business Administration or related field.
Knowledge of all Accounting Practices, Procedures and Policies including Marriott SOP’s, Hotel LSOP’s and all related Marriott Corporate policies. Sound understanding of front and back-office systems; proficient with Microsoft Office products (Excel, Word, PowerPoint). Ensure P&L Accuracy and Timelines: Costs are properly matched to Revenues; Costs are accurately recorded in the proper accounts; Period end information is transmitted to Headquarters and Regional Offices on a timely and accurate basis; Preliminary statements delivered to Executive Committee and Department heads within 2 days of month end, and final statements within 5 business days. Reconcile all A&L accounts on a monthly basis to adhere to Company standards: All accounts reconciled within 2–3 weeks of period end; All account balances documented with supporting information. On a quarterly basis, formal reconciliations are reviewed by hotel GM and forwarded to CFO/Regional Controller. Manage working capital, reimbursements, debt service and investments according to SOPs. Participate in and contribute to significant property decisions providing financial leadership. Deliver financial training for Property Supervisors and Management at least twice a year. Support the hotel General Manager and Executive Committee; establish cross-training within the department; respond to Corporate and Regional requests. In the absence of the Finance Director/Financial Controller, assume responsibilities.
What does a Multi-Property Finance Manager earn in the UAE?
See the full Michael Page salary benchmark — ranges, skills, and career progression.
AED 35,000 – 50,000/mo