AVP Finance
Marriott Vacations Worldwide
**Salary Range: $135,000-$175,000**
**Relocation Benefits Available**
**JOB SUMMARY**
The accounting operations team consists of Finance and Accounting (F&A) professionals based on-site at various resort locations within a specific geographic area. The total number of resorts in the AVP Finance's portfolio may vary over time as the company expands the Marriott Vacation Club brand. Accounting operations is responsible for financial compliance and adherence of the management agreements with the nonprofit property owners’ associations and the financial and accounting reporting and analysis of the on-site ancillary business operations.
The AVP Finance functions as the strategic financial business leader for multiple properties within several markets. The position champions, develops and implements company-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 brand’s business strategy and focuses on the execution of financial activities and the delivery of desirable financial results.
The AVP Finance is a pro-active and trusted business leader who provides financial expertise and leads the delivery of financial analysis and reports that enable business partners to make timely and informed business decisions, optimize business value, and manage financial risk. Responsible for leading accounting operations in support of and in alignment with the Resort Operations team.
They must have a pulse on the business, anticipating the ever-changing environment, while meeting company financial objectives and ensuring compliance of accounting controls within their portfolio of resorts. Provides clear direction through effective communication, setting realistic expectations, monitoring the progress of the team and following-up on status and course correct when necessary, are all key responsibilities of the AVP Finance. Other core work activities include, but not limited to, business partnering with various stakeholders to positively impact decision outcomes, ensuring the integrity of the financial reporting, and driving improvements to transparency, efficiency, and effectiveness of the reporting.
CANDIDATE PROFILE
Education and Experience
+ Bachelor's degree in Finance or Accounting preferred, or related major; 10+ years related work experience in finance and accounting; or,
+ High School Diploma/GED and equivalent work experience
**CORE WORK ACTIVITIES**
**Managing & Leading:**
+ Establish F&A goals that are fully aligned with organizational goals and effectively lead change to support company objectives
+ Motivate and recruit the accounting operations team within the AVP’s portfolio of resorts
+ Direct and continually improve the financial reporting process, including analyzing job tasks and structure to maintain controls, transparency, efficiency and effectiveness
+ Utilize interpersonal and communication skills to lead, provide direction, coaching and guidance to the on-site F&A team; actively support the development and training of associates
+ Working with others to identify and remove barriers to success
**Financial Planning & Analysis:**
+ Lead the comprehensive annual business plans for property owners’ association and on-site ancillary operations, including action plans to meet financial objectives
+ Manage regional cash flow and profit forecasts that facilitate timely adjustments to the business
+ Provide analytical support during budget reviews and capital planning to identify cost savings and productivity opportunities
+ Complete comparative analysis of the properties in the portfolio to understand variances and improve overall financial results
+ Compiles information, analyzes and monitors financial results compared to budgets and forecasts for all properties in the portfolio
+ Manage special projects as directed by the business needs
**Strategic Planning & Business Partnerships:**
+ Utilize effective relationship building skills with a broad range of business partners to gain trust, positively impact decision outcomes, and mitigate risk to the organization. Stakeholders include, but not limited to, corporate and F&A executives, Asset Management, corporate and regional Resort Operations executives, corporate tax, property owners’ association Board of Directors, on-site leaders and associates, internal and external auditors, and third-party vendors.
+ Make quality business decisions that thoughtfully weigh the facts and understand the interests of stakeholders involved
+ Manage new site start up, including pre-opening assessment, working with Asset Management and Resort Operations to positively impact decision outcomes of operational set-up, and F&A recruitment
+ Advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
**Accounting, Financial Systems & Controls:**
+ Responsible for providing direction and ensuring the integrity of the financial reporting and accounting operations through a strong internal controls environment, including the compliance to company standards and policies, General Accepted Accounting Principles, and Sarbanes-Oxley requirements
+ Provide oversight to audit processes by analyzing property level self-assessments and assisting with internal, tax, and regulatory audits
+ Champion the use of technology to create operational efficiency.
+ Monthly review of financial information including balance sheet, profit & loss and cash flow to ensure accuracy of the financial statements and implement action plans to meet company objectives
+ Identifies key projects and manages associated Capital Expenditure funds for implementation of brand initiatives, product improvement and increased revenue potential.
+ Monitor all taxes that apply, ensuring that taxes are current, collected and/or accrued.
MANAGEMENT COMPETENCIES
Leadership
+ Communication - Conveys information and ideas to others in a convincing and engaging manner through a variety of methods.
+ Leading Through Vision and Values - Keeps the organization's vision and values at the forefront of decision making and action.
+ Managing Change - Initiates and/or manages the change process and energizes it on an ongoing basis, taking steps to remove barriers or accelerate its pace; serves as role model for how to handle change by maintaining composure and performance level under pressure or when experiencing challenges.
+ Problem Solving and Decision Making - Identifies and understands issues, problems, and opportunities; obtains and compares information from different sources to draw conclusions, develops and evaluates alternatives and solutions, solves problems, and chooses a course of action.
+ Professional Demeanor - Exhibits behavioral styles that convey confidence and command respect from others; makes a good first impression and represents the company in alignment with its values.
+ Strategy Development - Develops business plans by exploring and systematically evaluating opportunities with the greatest potential for producing positive results; ensures successful preparation and execution of business plans through effective planning, organizing, and on-going evaluation processes.
Managing Execution
+ Building a Successful Team - Uses an effective interpersonal style to build a cohesive team; inspires and sustains team cohesion and engagement by focusing the team on its mission and importance to the organization.
+ Strategy Execution – Ensures successful execution across of business plans designed to maximize customer satisfaction, profitability, and market share through effective planning, organizing, and on-going evaluation processes.
+ Driving for Results - Sets high standards of performance for self and/or others; assumes responsibility for work objectives; initiates, focuses, and monitors the efforts of self and/or others toward the accomplishment goals; proactively takes action and goes beyond what is required
Building Relationships
+ Customer Relationships - Develops and sustains relationships based on an understanding of customer/stakeholder needs and actions consistent with the company’s service standards.
+ Global Mindset - Supports employees and business partners with diverse styles, abilities, motivations, and/or cultural perspectives; utilizes differences to drive innovation, engagement and enhance business results; and ensures employees are given the opportunity to contribute to their full potential.
+ Strategic Partnerships - Develops collaborative relationships with fellow employees and business partners by making them feel valued, appreciated, and included; explores partnership opportunities with other people in and outside the organization; influences and leverages corporate and continental shared services and/or discipline leaders (e.g., HR, Sales & Marketing, Finance, Revenue Management) to achieve objectives; maintains effective external relations with government, business and industry in respective countries; performs effectively as a liaison between locations, disciplines, and corporate to ensure needed resources are received and corporate strategies are understood and executed.
Generating Talent and Organizational Capability
+ Organizational Capability - Evaluates and adapts the structure of team assignments and work processes to best fit the needs and/or support the goals of an organizational unit.
+ Talent Management - Provides guidance and feedback to help individuals develop and strengthen skills and abilities needed to accomplish work objectives.
Learning and Applying Professional Expertise
+ Business Acumen - Understands and utilizes business information to manage everyday operations and generate innovative solutions to approach team, business, and administrative challenges.
+ **Administration and Management** - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
+ **Applied Business Knowledge** - Evaluates market conditions, organizational objectives, and important aspects of the business to accurately diagnose market opportunities and threats; anticipates opportunities and threats, identify issues, and develop strategies and plans. Aligning individual and team actions with strategies and plans to drive business results.
+ **Management of Financial Resources** – Determining how money will be spent to get the work done and accounting these expenditures.
+ **Continuous Learning** - Actively identifies new areas for learning; regularly creates and takes advantage of learning opportunities; uses newly gained knowledge and skill on the job and learns through their application.
+ **Strategy Knowledge** - Understanding and utilizing professional skills and knowledge in a specific functional area to conduct and manage business operations and generate innovative solutions to approach function-specific strategic work challenges.
Marriott Vacations Worldwide is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture.
Marriott Vacations Worldwide is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture
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