Finance Manager
Apply NowCompany: MCR Hotels
Location: New York, NY 10025
Description:
The Finance Manager will assist in managing the day-to-day operation of the Finance Office. Primary responsibilities include financial analysis and financial reporting, budgeting, forecasting, audit and control, asset and liability reconciliation, working capital and cash control.
Responsibilities:
Utilize interpersonal and communication skills to lead, influence, and encourage others
Advocate sound financial and business decision making
Demonstrate honesty and integrity, lead by example
Oversee internal, external, and regulatory audit processes
Ensure that regular on-going communication occurs with team members to create awareness of business objectives, communicate expectations, and recognize performance
Celebrate successes by publicly recognizing the contributions of team members
Establish and maintains open, collaborative relationships with team members
Participate in the team member performance appraisal process, providing feedback
Ensure property policies are administered fairly and consistently
Generate and provide accurate and timely reports, presentations, etc.
Analyze information and evaluate results to choose the best solution and solve problems
Compile, code, categorize, calculate, tabulate, audit, and verify information or data
Ensure that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered
Reconcile balance sheet
Ensure tax rates used for sales/use tax are current and proper amounts are collected and/or accrued
Ensure compliance with standard and local operating procedures (SOPs and LSOPs)
Ensure account balances are supported by appropriate documentation in accordance with SOPs
Review audit issues and makes corrections as necessary
Ensure property permits, licenses, and (if applicable) vendor contracts are current
Leverage centralized accounting processes and shared services
Use relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards
Leverage technology and effectively uses information systems and tools to generate financial reports and provide managers with analytical support to drive decision-making
Informs and update the team on relevant financial information in a timely manner
Advise the Corporate Director of Finance on existing and evolving financial issues
Communicate financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors
Provide direction and assistance to other organizational units regarding finance and budgeting policies and procedures, and efficient control and utilization of financial resources
Submit reports in a timely manner, ensuring delivery deadlines
Ensure profits and losses are documented accurately
Achieve and exceed goals including performance goals, budget goals, team goals, etc.
Support a strong finance & operational control environment to safeguard assets, improve operations and profitability, and manage business risks
Requirements:
4-year bachelor's degree in Finance and Accounting or related major
Minimum Two years of experience with finance functions in a full-service hotel
Knowledge of business law, taxes, and Department of Labor regulations
Sound analytical and decision-making skills
Leadership and organizational skills (team orientation, flexible, adaptable)
Proficient in computers and basic understanding of complex computerized financial systems and ability to use it including manual dexterity to operate all office machines
Excellent communication skills both written and oral
Excellent time management
Ability to multi-task and work in a fast-paced environment
Experience with payroll processing
An aptitude for self-motivation
A can-do attitude and a hands-on approach
Our Company
What we offer/What's in it for you?
Responsibilities:
Utilize interpersonal and communication skills to lead, influence, and encourage others
Advocate sound financial and business decision making
Demonstrate honesty and integrity, lead by example
Oversee internal, external, and regulatory audit processes
Ensure that regular on-going communication occurs with team members to create awareness of business objectives, communicate expectations, and recognize performance
Celebrate successes by publicly recognizing the contributions of team members
Establish and maintains open, collaborative relationships with team members
Participate in the team member performance appraisal process, providing feedback
Ensure property policies are administered fairly and consistently
Generate and provide accurate and timely reports, presentations, etc.
Analyze information and evaluate results to choose the best solution and solve problems
Compile, code, categorize, calculate, tabulate, audit, and verify information or data
Ensure that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered
Reconcile balance sheet
Ensure tax rates used for sales/use tax are current and proper amounts are collected and/or accrued
Ensure compliance with standard and local operating procedures (SOPs and LSOPs)
Ensure account balances are supported by appropriate documentation in accordance with SOPs
Review audit issues and makes corrections as necessary
Ensure property permits, licenses, and (if applicable) vendor contracts are current
Leverage centralized accounting processes and shared services
Use relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards
Leverage technology and effectively uses information systems and tools to generate financial reports and provide managers with analytical support to drive decision-making
Informs and update the team on relevant financial information in a timely manner
Advise the Corporate Director of Finance on existing and evolving financial issues
Communicate financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors
Provide direction and assistance to other organizational units regarding finance and budgeting policies and procedures, and efficient control and utilization of financial resources
Submit reports in a timely manner, ensuring delivery deadlines
Ensure profits and losses are documented accurately
Achieve and exceed goals including performance goals, budget goals, team goals, etc.
Support a strong finance & operational control environment to safeguard assets, improve operations and profitability, and manage business risks
Requirements:
4-year bachelor's degree in Finance and Accounting or related major
Minimum Two years of experience with finance functions in a full-service hotel
Knowledge of business law, taxes, and Department of Labor regulations
Sound analytical and decision-making skills
Leadership and organizational skills (team orientation, flexible, adaptable)
Proficient in computers and basic understanding of complex computerized financial systems and ability to use it including manual dexterity to operate all office machines
Excellent communication skills both written and oral
Excellent time management
Ability to multi-task and work in a fast-paced environment
Experience with payroll processing
An aptitude for self-motivation
A can-do attitude and a hands-on approach
Our Company
- MCR is the 3rd-largest hotel owner-operator in the United States.
- Founded in 2006, our company has offices in New York City, Dallas, Chicago, and Richmond, Virginia.
- MCR has a $5.0 billion portfolio of 148 premium-branded hotels containing more than 22,000 guestrooms across 37 states and 106 cities.
- MCR has more than 7,000 team members across the country and operates hotels under 9 Marriott brands, 8 Hilton brands and a number of unflagged independent hotels.
- MCR was named one of Fast Company's 10 Most Innovative Travel Companies of 2020.
- MCR is a three-time recipient of the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners, and a recipient of the Hilton Legacy Award for Top Performer.
- For the TWA Hotel at New York's JFK Airport, MCR won the Development of the Year (Full Service) Award at The Americas Lodging Investment Summit (ALIS), the Urban Land Institute New York Excellence in Hotel Development Award and the American Institute of Architects national Architecture Award, the highest honor given by the AIA
What we offer/What's in it for you?
- Hotel Discounts
- Weekly Pay
- Paid Time Off
- Retirement Options
- Referral bonuses
- Career advancement & upward mobility
- Health, Dental, Vision Insurance- available after 30 days of employment for full-time team members