Director of Finance

3 weeks ago


Hanoi, Vietnam Marriott International, Inc Full time

**Job Number** 24028831

**Job Category** Finance & Accounting

**Location** Sheraton Hanoi West, 36 Le Duc Tho Street, Hanoi, Viet Nam, Viet Nam VIEW ON MAP

**Schedule** Full-Time

**Located Remotely?** N

**Relocation?** N

**Position Type** Management

**HOTEL DESCRIPTION**

Sheraton Hanoi West will be a conversion of the Hyatt Regency West Hanoi. The hotel has 390 guestrooms including 39 suites, and 130 serviced apartments (from studios to 3-bedroom units). Food and beverage options include all-day dining, lobby lounge, sky bar, pool bar, club lounge and resident’s lounge. Meeting facilities include a ballroom and 4 meeting rooms at a total event space of 661 square meters. Guests can enjoy spa, pool and fitness center in the hotel.

The hotel is located at 36 Le Duc Tho Street in Nam Tu Liem District which is part of the commercial area that is 7-9 KM west of Hanoi’s core commercial area of Ba Dinh and Hoam Kiem Districts. The West Hanoi area has seen an increasing number of new infrastructures, urban developments and office buildings that are popular for IT companies. The Hotel is 5 minutes away from the major throughfare connecting to the Noi Bai International Airport in 35 minutes, as well as various industrial parks outside of the city in the north.

The hotel will be rebranded by Q2, 2024.

**JOB SUMMARY**

Functions as the property’s strategic financial business leader. The position champions, develops and implements property-wide strategies that deliver products and services to meet or exceed the needs and expectations of the brand’s target customer and property employees. The position provides the financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment. In addition, creates and executes a business plan that is aligned with the property and brand’s business strategy and focuses on the execution of financial activities and the delivery of desirable financial results.

**CANDIDATE PROFILE**

**Education and Experience**
- 4-year bachelor's degree in Finance and Accounting or related major; 3 years experience in the finance and accounting or related professional area.

OR
- Master's degree in Finance and Accounting or related major; 1 year experience in the finance and accounting or related professional area.

**CORE WORK ACTIVITIES**

**Engaging in Strategic Planning and Decision Making**
- Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
- 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.
- Thinks creatively and practically to develop, execute and implement new business plans
- Creates the annual operating budget for the property.
- Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
- Implements 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.
- Leads the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction.
- Provides on going 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.

**Leading Finance Teams**
- Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
- Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.
- Leverages strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team.
- Oversees internal, external and regulatory audit processes.
- Provides excellent leadership by assigning team members and other departments managers' clear accountability backed by appropriate authority.
- Conducts annual performance appraisals with direct reports according to standard operating procedures.

**Anticipating and Delivering on the Needs of Key Stakeholders**
- Attends meetings and communicating with the owners, understanding the priorities and strategic focus.
- Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.).
- Advises the GM and executive committee on existing and evolving operating/financial issue


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