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About the Role

Develops and implements property-wide strategies to deliver products and services that meet or exceed customer and employee expectations. Provides financial expertise to enable the successful implementation of brand service strategies and initiatives while maximizing ROI. Creates and executes a business plan aligned with property and brand strategies, focusing on financial and accounting activities and desirable financial results.

Responsibilities

Assists in the development of means to improve profit, including estimating cost and benefit, exploring new business opportunities.
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.
Assists in the creation of the annual operating budget for the property.
Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
Assists in the implementation of 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.
Assists in the development and implementation of a comprehensive annual business plan aligned with the company’s and brand’s strategic direction.
Provides ongoing 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 strategic goals, focus, and owner priorities to subordinates clearly and precisely.
Oversees internal, external, and regulatory audit processes.
Provides excellent leadership by assigning team members clear accountability backed by appropriate authority.
Conducts annual performance appraisals with direct reports according to Standard Operating Procedures.
Attends meetings and communicates with owners, understanding priorities and strategic focus.
Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.).
Communicates financial concepts clearly and persuasively, driving desired behaviors.
Demonstrates an understanding of cash flow and owner priorities.
Manages communication with owners effectively.
Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.
Facilitates critique meetings to review information with the management team.
Ensures Profits and Losses are documented accurately.
Monitors all applicable taxes, ensuring they are current, collected, and/or accrued.
Submits reports in a timely manner, ensuring delivery deadlines.
Develops and supports the achievement of performance goals, budget goals, team goals, etc.
Improves profit growth in operating departments.
Reviews audit issues to ensure accuracy.
Generates and provides accurate and timely results in the form of reports, presentations, etc.
Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with SOPs.
Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).
Ensures compliance with management contract and reporting requirements.
Ensures compliance with standard and local operating procedures (SOPs and LSOPs).
Ensures compliance with Standard Operating Procedures (SOPs).
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 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.
Conducts performance review process for employees.
Participates in hiring activities as appropriate.

Requirements

4-year bachelor's degree in Finance and Accounting or related major; 1 year experience in the finance and accounting or related professional area.
Master's degree in Finance and Accounting or related major; no work experience required.

Skills

Financial expertise
Strategic planning
Budgeting
Financial analysis
Forecasting
Accounting
Interpersonal skills
Communication skills
Leadership
Decision making
Problem-solving
Stakeholder management
Cash flow management
Project management
Policy compliance
Human resource management

Location

Toronto

Work Type

Full-time

Experience Level

1 year experience
No work experience required

Education Level

Bachelor's degree
Master's degree

About the Company

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.
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.

Equal Opportunity

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.
The St. Regis Toronto takes seriously its obligations under provincial human rights and accessibility legislation (such as the Accessibility for Ontarians with Disabilities Act, 2005, the Accessibility for Manitobans Act, and Nova Scotia Accessibility Act).
We are happy to provide accommodations to job applicants needing assistance.
If you require an accommodation in relation to this job posting, our online application or an interview, please call 905-366-5227 or email CanadaApplicationAccommodation@marriott.com and a member of our Human Resources team will respond to your request.
Please note that this phone number and email are only for those individuals who would like to request an accessibility accommodation as part of the recruiting process.