Finance Manager
Full Time
Job Description
- Effective collection calls and/or correspondence in a fast-paced goal-oriented organization
- Establishing and building relationships with current and prospective ownership groups and property Directors of Finance, through clear lines of communication and providing support for issue resolution
- Proactively monitoring and maintaining accounts, keeping clear chase records and reconciliations
- High level of responsiveness to stakeholder question and queries
- Preparing and reporting on monthly performance to senior leadership, highlighting concerns and key actions required
- Preparing Write Offs to support our Area Directors of Finance by correcting Manual billing charges, split invoices, discounts given as per side letter agreements or clearing Deflag properties balances.
- Proactively clearing OA-unallocated payments on account and unidentified payments on suspense on a weekly basis liaising with Accenture Hospitality Services Team and hotels.
- Supporting our Compliance team and Asset Management team by creating invoices for Termination Fees/Conversion Fees on a timely manner for hotels that are exiting the system.
- Creating invoices to charge interest on late payment enforcing our Management/Franchise Agreement when applicable.
- Improving our PEP Compliance (Payment Entry Page- Wire Reference) scores to encourage the activation of the auto match system payments by educating and assisting hotels.
- Support Marriott’s strategic priority of “Owner Preference” by directly supporting the business objectives of the Continent Leadership and Finance Discipline.
- Ensure collection of receivables on a timely basis. Proactively drive collection of outstanding amounts owed to MI.
- Provide training and support to ensure properties understand Marriott procedures
- Deliver exceptional ageing results and positive cash flow, through focused effort to collect aged debt.
- Minimize bad debt through effective collection efforts and issue resolution, working effectively with Asset management, Legal and Operations Finance.
- Speaks continuous improvement in processes and procedures to improve outcomes, partnering with key stakeholder
- Directly support the relationship with key multi-unit owners.
- Resolve issues before they rise to the escalated level and become aged debt
- Use “leading” performance indicators to proactively intervene before emerging issues become significant risks
- Ensure appropriate functional counterparts are engaged in issues.
- Manage interactions with key stakeholder teams (Finance, Legal, Sales Brand, Development and above property leaders) to facilitate resolution to obstacles
- Help to reinforce MI and owner’s perspective by demonstrating strong business and financial acumen with general understanding of situational economics, legal, and franchise/managed agreements
Required Knowledge, Skills, and Abilities
- Language Requirements: High proficiency (speaking, reading, and writing) in English is essential
- Proficiency in additional European & Middle East languages highly desired
- Travel Requirements: There may be minimal business travel required
- 5+years of relevant operating business experience in Finance and/or Hotel operating management experience
- Strong verbal and written communication skills
- Highly efficient and organized individual, targets and results orientated.
- Self-motivated and driven individual, with strong attention to detail
- Proactive nature and style to problem solving
- College degree in business administration or related field preferred
Reference no: 102220