Director of Finance

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Stamford, CT, USA
In-Office
150K-160K Annually
Senior level
Travel
The Role
Oversee hotel financial operations including accounting, budgeting, forecasting, reporting, cash flow, internal controls, and tax compliance. Lead the finance team, supervise AP/AR and payroll review, support departmental cost control, prepare owner-required budgets, and provide financial analysis and strategic guidance to senior management.
Summary Generated by Built In

Additional Information: This hotel is owned and operated by an independent franchisee, Clearview Hotel Capital, LLC. 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
 
The Director of Finance is responsible for overseeing the financial operations of the hotel, ensuring financial integrity, compliance, and strategic planning. This role involves managing budgeting, forecasting, reporting, and financial analysis to support the hotel’s overall goals and objectives.
 
Key Responsibilities:
 
Financial Management
 
•Oversee all financial operations, including accounting, budgeting, forecasting, and financial reporting.
•Ensure compliance with all financial regulations and internal policies.
•Manage deadlines and communication with hotel owners and team members effectively.
 
Budgeting and Forecasting
 
•Lead the annual budgeting process, working closely with department heads to develop accurate and realistic financial plans.
•Prepare and analyze financial forecasts to identify trends and provide actionable insights.
•Track and monitor forecast and budget performance by departments and work with GM to provide insight to department heads.
•Responsible for annual budget preparation as per owner requirements.
 
Financial Reporting
 
•Prepare and present monthly, quarterly, and annual financial statements and reports to senior management and stakeholders.
•Analyze financial performance and variances against budget, providing recommendations for improvement.
•Advise General Manager on cost control and Profits
•Support operational teams with financial insights and decision making.
 
Cash Flow Management
 
•Monitor cash flow and manage working capital to ensure the hotel’s financial stability.
•Develop strategies to optimize cash flow and minimize financial risks.
 
Internal Controls
 
•Establish and maintain robust internal controls to safeguard financial assets, mitigate risks, and ensure compliance with accounting regulations and industry standards.
•Conduct regular audits and assessments to identify areas for improvement.
•Perform financial analysis as needed and /or requested by General Manager and Corporate Office.
•Review Payroll for processing
•Oversee purchasing processes, negotiate competitive pricing from vendors.
 
Team Leadership
 
•Lead and develop the finance team, providing guidance, training, and performance evaluations.
•Foster a collaborative and innovative work culture within the finance department.
•Supervise Accounts payable and receivable function on regular basis.
 
Strategic Planning
 
•Collaborate with executive management to develop financial strategies that align with the hotel’s business goals.
•Participate in strategic decision-making, providing financial insights and analysis to support growth initiatives.
 
Tax Compliance
 
•Ensure the accurate and timely preparation and submission of all local, state, and federal tax returns and reports.
 
 
Qualifications and Physical Requirements:
 
•Bachelor’s degree in finance, accounting, or a related field; a Master’s degree or CPA designation is preferred.
•Minimum of 7 years of experience in finance or accounting, with at least 3 years in a leadership role within the hospitality industry.
•In-depth knowledge of hotel finance, accounting principles, financial regulations, and tax laws
•Strong analytical and problem-solving skills, with attention to detail.
•Excellent communication and interpersonal skills, capable of presenting complex financial information clearly.
•Proficiency in financial software and Microsoft Excel; knowledge of hotel management systems is a plus.
•Ability to work in an office environment for extended periods.
•Flexibility to work outside standard business hours when necessary to meet deadlines or attend meetings.
 
Salary: $150K- $160K

This company is an equal opportunity employer.

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Skills Required

  • Bachelor's degree in finance, accounting, or a related field
  • Master's degree or CPA designation
  • Minimum of 7 years finance or accounting experience, with at least 3 years in a leadership role within the hospitality industry
  • In-depth knowledge of hotel finance, accounting principles, financial regulations, and tax laws
  • Proficiency in financial software and Microsoft Excel
  • Knowledge of hotel management systems
  • Experience supervising accounts payable and accounts receivable functions, payroll review, and purchasing/vendor negotiations
  • Strong analytical and problem-solving skills with attention to detail
  • Excellent communication and interpersonal skills, able to present complex financial information clearly
  • Ability to work in an office environment for extended periods and flexibility to work outside standard business hours when necessary

Marriott International  Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marriott International  and has not been reviewed or approved by Marriott International .

  • Retirement Support Retirement programs include a 401(k) with a company match and related financial wellness resources seen as competitive. This support is complemented by savings tools that reinforce long-term financial security.
  • Healthcare Strength Health coverage offers flexible medical plans, disability and life insurance, and access to mental health and wellness resources. Short-term disability and basic life coverage are described as included for many full-time hourly roles.
  • Wellbeing & Lifestyle Benefits Travel and lifestyle perks include substantial hotel, food and beverage, spa, retail, and golf discounts for employees and families. Additional programs like tuition assistance and wellness initiatives reinforce non-cash value.

Marriott International  Insights

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The Company
HQ: Bethesda, MD
185,619 Employees

What We Do

Marriott International, Inc. is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,500 properties in 30 leading hotel brands spanning 132 countries and territories. Its heritage can be traced to a root beer stand opened in Washington, D.C., in 1927 by J. Willard and Alice S. Marriott. Marriott International is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. Marriott International does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws. Community Guidelines: We reserve the right to remove without any notice content that we determine in our sole discretion is offensive or illegal, contains personally identifiable information, trademarks or copyrights belonging to a third party, advertises a third party’s products or services, or is otherwise inappropriate. Application Tips: We encourage job seekers to protect themselves from email and recruiting scams. Please note: 1) We do not accept applications via email or fax; 2) We never ask for money as part of the application process; 3) We only contact job applicants from approved email domains. Please find more information about Marriott International’s job application process and approved email address domains here: http://www.careers.marriott.com/tips-for-applying/

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