Marriott Assistant Financial Controller in Dubai, United Arab Emirates

Job Number 19000FII

Job Category Finance and Accounting

Location Four Points by Sheraton Sheikh Zayed Road, Dubai, Dubai, United Arab Emirates VIEW ON MAP

Brand Four Points

Schedule Full-time

Relocation? No

Position Type Management

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Where timeless classics are woven with modern details. Where business meets pleasure. Where even when you’re global, you can experience the local. Designed for the independent traveler seeking balance, there’s Four Points.

JobDescription:

  • Supports the development of the annual operating budget forthe property and provides analytical support during budget reviews to identifycost saving and productivity opportunities.

  • Supportsthe preparation of monthly forecast

  • Ensures that the P&L is accurate (i.e., costs areproperly matched to revenue, costs are recorded in the proper accounts) andstatements are delivered to appropriate individuals in a timely manner.

  • Maintains a strong accounting & operational control environmentto safeguard assets, improve operations and manage business risks.Ensures compliance with standard and localoperating procedures (SOPs and LSOPs).

  • Advisesthe DOFonexisting and evolving operating/financial issues.

  • Communicatesfinancial concepts in a clear and persuasive manner that is easy to understandand drives desired behaviors.

  • Leverages technology and effectively uses information systemsand tools to generate financial reports and provide managers with analyticalsupport to drive decision-making.

  • Oversees internal, external and regulatory audit processesand ensures compliance with Standard Operating Procedures (SOPs).

  • Handle the annual owners audit

  • Verify the balance sheet reconciliations and ensures accountbalances are supported by appropriate documentation in accordance with SOPs.

  • Toensure that all balance sheet reconciliation backups are submitted to MBS asper the deadline.

  • To followup with respective associates to ensure that allopen items in balance sheet are resolved.

  • Effectively leverages centralized accounting processes andshared services (e.g., Marriott Business Services)

  • Ensures taxes and local fees are accurately calculated andpaid on time

  • Ensures to verify hotel permits, licenses and vendorcontracts are current.

  • Reviews audit issues and makes corrections as necessary.

  • Lead the team during the month end closing and toprocess/finalise all the month end JVs, reconciliations, accruals, amortizationof prepayments.

  • Compile all the monthly reports due to the Owners

  • Check and approve all the receipt posted by AccountsReceivable

  • Check and approve all the daily general cashier reports

  • Hold weekly credit meeting with Accounts Receivable

  • To check and verify each month for the completion of all thedaily, monthly, quarterly and annual reports, checklist, are completed by selfand the team

  • Toensure that Owners profit, FFE account monthly bank transfers, MarriottInternational Fees are paid in timely manner.

  • Verifythe monthly payroll and ensure the payroll process is completed on time withaccuracy.

  • Toverify the payments prepared by AP with proper supporting documents as per theSOP.

  • Participates in the hiring and development ofassociates.

  • Supports a departmental orientation program forassociates to receive the appropriate new hire training to successfully performtheir job. Ensures associates arecross-trained to support successful daily operations.

  • Uses all available on the job training tools forassociates; supervises on-going training initiatives and conducts training whenappropriate.

  • Communicates performance expectations inaccordance with job descriptions for each position.

  • Participates in the associate performanceappraisal process, providing feedback as needed.

  • Actively solicits associate feedback, utilizesand "open door" policy and reviews associate satisfaction results toidentify and address associate problems or concerns. Brings issues to the attention of thedepartment manager and Human Resources as necessary.

  • Participates in associate progressive disciplineprocedures. Ensures hotel policies areadministered fairly and consistently, disciplinary procedures and documentationare completed according to Standard and Local Operating Procedures (SOPs andLSOPs) and supports the Peer Review Process.

MarriottInternational is an equal opportunity employer committed to hiring a diverseworkforce and sustaining an inclusive culture. Marriott International does notdiscriminate on the basis of disability, veteran status or any other basisprotected under federal, state or local laws.