Senior Director of Finance Operations, Indonesia

POSITION SUMMARY

The Senior Director of Finance Operations Indonesia works with the Vice President Finance Operations APEC and the Regional Vice President Indonesia and Malaysia in providing financial strategic support to the region to achieve profit and key performance goals while further enhancing owner relationships. The candidate should provide functional expertise and business perspective to identify profitable opportunities and make optimal business decisions. The Senior Director of Finance Operations Indonesia advises General Managers and Directors of Finance (DOFs) on existing and evolving operating/ financial issues across all brands.

EXPECTED CONTRIBUTIONS

The following are specific responsibilities and contributions critical to the successful performance of the position:

Implement appropriate processes metrics and controls to manage business risks and ensure a strong accounting & operational control environment exists to safeguard assets improve operations and profitability in the region.
Develop and implement processes and tools that enhance the regions ability to make sound business decisions and identify opportunities to increase profits. Educates property teams on profit maximization and helps them identify opportunities to increase profits in their properties.
Assist Vice President Finance Operations APEC with development activity in the region (formulation of plans monitoring/modifying proformas and lending financial/strategic support to optimize unit growth).
Assist in the development of pre-opening and working capital budgets for new openings. Works with property team on pre-opening activities relating to finance and accounting ensuring all billing procedures are set up according to the management agreement and surfaces potential issues to protect Marriotts interest.
Ensure that GMs and DOFs are knowledgeable about the management agreement and deal structure for their property and that their operations are in compliance with contract requirements.
Implements processes to provide accurate timely and meaningful financial information to key stakeholders in the region. Drives best practice sharing among hotel finance leaders.
Facilitates the business planning processes (LRP operating and capital budgets forecast risk assessment) standard reporting processes (working capital month end reporting annual statement of operations etc.) and compliance with local tax financial accounting regulations and management agreements.
Provides direction and support to ensure compliance on balance sheet analysis/certification hotel audits and internal control standards P&L reviews cash flow forecasts technical accounting financial systems and reporting and financial analysis (pro forma project analysis business cases etc.).
Is a strategic business partner to the Regional VP Indonesia and Malaysia & teams by providing financial leadership and strategic perspective in developing and monitoring business plans to achieve profit and growth objectives.
Ensures strong owner relationships by understanding the owners perspectives & ROI expectations proactively anticipating and addressing needs and managing an effective balance between the owners and MIs interests by developing solutions that create value for both.
Attracts and develops diverse high-caliber talent that makes a strong positive impact on the organization. Partners with Vice President Finance Operations APEC to develop strategies for succession planning and career development.
Delivers financial training to hotel teams to comply with MI policies and procedures (e.g. training on how to read P&Ls)
Uses technical expertise and understanding of global and local economy laws regulations and tax issues and their potential business impact to devise strategies to manage financial risk and grow the business.
Advises General Managers Hotel DOFs Corporate Owners Continent/ Team members on business issues challenges & opportunities and performance.
Takes a proactive role during individual and Team property visits providing trouble shooting for respective property costs internal controls revenue opportunities brand standards balance score card etc.
Effectively communicates with hotel DOFs on Continent and Regional strategies and initiatives
Pursues initiative and innovation to improve overall companies systems processes and industry competitiveness.
Performs other duties as assigned to meet business needs.

CANDIDATE PROFILE - KEY TALENTS AND EXPERIENCE DESIRED
Experience
Minimum of 8 years progressive financial management experience with at least 2 years in the field; lodging/hospitality knowledge required
Multi-property and/or large hotel oversight strongly preferred

Skills and Knowledge

oExcellent finance accounting and analytical skills including experience with cash management forecasting revenue management strategies capital expenditure planning and budgeting and project management
oEvaluates business trends and develops and successfully implements new business programs and strategies that enhance financial performance in a complex multidimensional operating environment
oExperience in owner relations is preferred.
oUnderstands complex operating and financial agreements; demonstrated success in evaluating risks and developing proactive strategies and plans to mitigate business issues.
oPrevious experience and success in hiring managing assessing and developing staff. Strong relationship recruiting skills to ensure strong pipeline of talent
oTranslates business needs into what needs to get done; ensure that all work is completed effectively; monitor the progress of work against schedules and budgets; maintain high performance standard; work effectively by using a highly collaborative style.
oDevelops and maintain effective relationships with both internal and external stakeholders; influence without direct management authority
oCan negotiate skillfully in tough situations sell ideas persuasively settle differences and win concessions without damaging relationships; can be both direct and forceful as well as diplomatic
oFosters relationships and a positive climate to build effective teams that are committed to organizational goals and initiatives; demonstrate flexibility in approach and vision; step forward to address difficult issues and guide others toward the accomplishment of identified meaningful goals.
oCreates an atmosphere in which timely information flows smoothly both upward and downward through the organization; possesses exceptional communications skills.
oSupports initiates and manages change within the organization taking steps to remove barriers or to accelerate its pace.

EDUCATION AND PROFESSIONAL CERTIFICATION

Baccalaureate degree in Accounting Finance or related discipline required;
MBA or Masters of Science/Graduate Degree in Finance or related field strongly preferred.