Financial Controller – Franchised

Overview

Job Number 24036082
Job Category Finance & Accounting
Location Courtyard Jazan, Al Riyadh Road next to Rashid Mall, Jazan, Saudi Arabia, Saudi Arabia VIEW ON MAP
Schedule Full-Time
Located Remotely? N
Relocation? N
Position Type Management

Additional Information: This hotel is owned and operated by an independent franchisee, Bonyan REIT Fund For Real Estate Company. The franchisee is a separate company and a separate employer from Marriott International, Inc.  The franchisee solely controls all aspects of the hotel’s employment policies and practices, including hiring, firing, discipline, staffing, compensation, benefits, and all other terms and conditions of employment.  If you accept a position at this hotel, you will be employed by a franchisee and not by Marriott International, Inc.

JOB SUMMARY

• Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc. 

• Analyzes information, forecasts sales against expenses and creates annual budget plans. 

• Compiles information, analyzes and monitors actual sales against projected sales. 

• Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning. 

• Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts. 

• Thinks creatively and practically to develop,  execute and implement new business plans 

• Creates the annual operating budget for the property. 

• Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers. 

• Implements a system of appropriate controls to manage business risks. 

• Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability. 

• Analyzes financial data and market trends. 

• Leads the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction. 

• Provides on going analytical support by monitoring the operating department’s actual and projected sales. 

• Produces accurate forecasts that enable operations to react to changes in the business. 

• 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 strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner. 

• Leverages strong functional leadership and communication skills to influence the executive team, the property’s strategies and to lead own team. 

• Oversees internal, external and regulatory audit processes. 

• Provides excellent leadership by assigning team members and other departments managers’ clear accountability backed by appropriate authority. 

• Conducts annual performance appraisals with direct reports according to Standard Operating Procedures.

JOB REQUIREMENTS

•  Professional Demeanor – Exhibiting behavioral styles that convey confidence and command respect from others; making a good first impression and representing Marriott in alignment with its values. 

•  Problem Solving and Decision Making – Identifying and understanding issues, problems, and opportunities; obtaining and comparing information from different sources to draw conclusions, develop and evaluate alternatives and solutions, solve problems, and choose a course of action. 

•  Communication – Conveying information and ideas to others in a convincing and engaging manner through a variety of methods. Strong public presentation skills. 

•  Adaptability – Maintaining performance level under pressure or when experiencing changes or challenges in the workplace.  

Managing Execution

•  Planning and Organizing – Gathering information and resources required to set a plan of action for self and/or others; prioritizing and arranging work requirements to accomplish goals and ensure work is completed. 

•  Driving for Results – Setting high standards of performance for self and/or others; assuming responsibility for work objectives; initiating, focusing, and monitoring the efforts of self and/or others toward the accomplishment goals; proactively taking action and going beyond what is required 

•  Building and Contributing to Teams – Leading and participating as a member of a team to move toward the completion of common goals while fostering cohesion and collaboration among team members. Building Relationships 

•  Coworker Relationships – Interacting with others in a way that builds openness, trust, and confidence in the pursuit of organizational goals and lasting relationships.   

•  Customer Relationships – Developing and sustaining relationships based on an understanding of customer needs and actions consistent with Marriott’s Spirit to Serve. 

•  Fostering Inclusion – Supporting associates with diverse styles, abilities, motivations, and/or cultural perspectives; leveraging personal differences to achieve objectives; and promoting a work environment where all associates are given the opportunity to contribute to their full potential. 

Generating Talent and Organizational Capability 

•  Talent Management – Providing guidance and feedback to help individuals develop and strengthen skills and abilities needed to accomplish work objectives. 

•  Organizational Capability – Evaluating and adapting the structure of organizational units, jobs, and work processes to best fit the needs and/or support the goals of an organizational unit. Learning and Applying Personal Expertise 

•  Applied Learning – Seeking and making the most of learning opportunities to improve performance of self and/or others. 

•  Technical Acumen – Understanding and utilizing 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 Economics and Accounting – Knowledge of P&L statements, operating budgets, forecasting and scheduling, and the reporting of financial data. 

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 Accounting and Internal Control Knowledge – Knowledge of local Generally Accepted Accounting Principles (local GAAP), Marriott International Policies (MIP), and International Standard Operating Procedures (ISOPs). 

o Legal – Ability to read and understand basic contract elements, e.g. royalty fees, management agreement, terms, priorities and profit distribution. 

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. 

•  Business Acumen – Understanding and utilizing business information (e.g., data used in the Marriott Balanced Scorecard related to Associate Engagement, Guest Satisfaction, and Property Financial Performance) to manage everyday operations and generate innovative solutions to approach business and administrative challenges 

o Applied Business Knowledge – Evaluates market conditions, organizational objectives, and important aspects of the business to accurately diagnose market opportunities and threats; anticipates opportunities and threats, identify issues, and develop strategies and plans. Aligning individual and team actions with strategies and plans to drive business results. 

o Management of Capital Resources – Determines the appropriate allocation of money used to accomplish work goals, and submits expenses according to guidelines; appropriately utilizes and maintains equipment, facilities, and materials needed to perform work activities. 

o Administration and Management – Understands and applies the business and management information involved in strategic planning, resource allocation, human resources modeling, leadership techniques, production methods, and coordination of people and resources. 

•  Basic Competencies – Fundamental competencies required for accomplishing basic work activities. 

o Basic Computer Skills – Using basic computer hardware and software (e.g., personal computers, word processing software, Internet browsers, etc.). 

o Mathematical Reasoning – The ability to add, subtract, multiply, or divide quickly, correctly, and in a way that allows one to solve work-related issues. 

o Oral Comprehension – The ability to listen to and understand information and ideas presented through spoken words and sentences. 

o Reading Comprehension – Understanding written sentences and paragraphs in work related documents. 

o Writing – Communicating effectively in writing as appropriate for the needs of the audience.

This company is an equal opportunity employer.

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At Courtyard, we’re passionate about better serving the needs of travelers everywhere. It’s what inspired us to create the first hotel designed specifically for business travelers, and it’s why the Courtyard experience today empowers our guests, no matter the purpose of their trip. We’re looking for achievers who are passionate about providing a guest experience that goes above and beyond, enjoy being part of a small yet ambitious team, and love learning how to always improve – all while having fun.

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Tagged as: Finance Accounting