Director of Finance – W Sydney – 31 Wheat Road


Job Number 20011335
Job Category Finance and Accounting
Location W Sydney| 31 Wheat Road| Darling Harbour| Sydney| New South
Wales| Australia
Brand W Hotels
Schedule Full-time
Relocation? No
Position Type Management

Start Your Journey With Us
Boldly coloring outside the lines of luxury| W turns the traditional notion of
the extravagant hotel on its head. Our irreverent attitude and taste for
excess redefine revelry for the modern jet set. Our guests have a lust for a
life less ordinary that drives them to demand more| experience it all| and hit
We share our guests’ passions| providing insider access to what’s new and
what’s next. Moderation is not in our vocabulary and we know that lust for
life demands more| not less. W guests soak it in and live each day with a
mantra: Detox.Retox.Repeat. If you’re ready to create the energetic W scene
that is magnetic to everyday disruptors around the world| then we invite you
to explore a career with W Hotels.

The W Sydney has 450 guest rooms and suites and 136 one| two- and three-
bedroom apartments| 3 beverage and food outlets| a 600 SM ballroom and 3
meeting rooms. Guests will enjoy uninterrupted water views across Sydney
Harbour to the north and a vista across the city and Tumbalong park. The W
Sydney offers easy accessibility and good proximity to the newly reopened
Sydney convention & exhibition centre| retail and dining facilities located in
and around the Darling Harbour area| including Cockle Bay Wharf and
Harbourside Shopping Centre and major tourist attractions located in Sydney

The hotel is project to open in Q1| 2021.

Purpose of Role:

The Director of Finance manages the day-to-day operation of the Accounting
Office. Responsibilities include but are not limited to financial analysis and
financial reporting| budgeting/forecasting| audit and control| asset and
liability reconciliation| working capital and cash control.

The Director of Finance will conduct their duties in a courteous| safe and
efficient manner| in accordance with the hotel’s policies and procedures|
ensuring that a high level of service is maintained.

Cast Key Responsibilities:

Leading Accounting Team

Utilizes interpersonal and communication skills to lead| influence| and encourage others; advocates sound financial/business decision-making; demonstrates honesty/integrity; leads by example

Celebrates successes and publicly recognizes the contributions of team members

Establishes and maintains open| collaborative relationships with employees and ensures employees do the same within the team

Leverages strong functional leadership and communication skills to influence the management team and to lead own team

Creates a working environment that enables the retention of top talent and where individuals perform at their best

Encourages open dialogue between team members

Assigns team members and other department managers clear accountability to accomplish goals

Ensures disciplinary procedures and documentation are completed according to Standard and Local Operating Procedures (SOPs and LSOPs) and support the Peer Review Process

Uses all available on the job training tools for employees

Ensures property policies are administered fairly and consistently

Maintaining Finance and Accounting Goals

Submits reports in a timely manner| ensuring delivery deadlines.

Ensures profits and losses are documented accurately

Achieves and exceeds goals including performance goals| budget goals| team goals| etc

Develops specific goals and plans to prioritize| organize| and accomplish your work

Monitors all taxes that apply| ensuring that taxes are current| collected and/or accrued

Compiles| codes| categorizes| calculates| tabulates| audits| or verifies information or data

Maintains a strong accounting & operational control environment to safeguard assets| improve operations and profitability and manage business risks

Generates and reviews financial reports that are linked to the plan’s financial goals

Managing Projects and Policies

Generates and provides accurate and timely results in the form of reports| presentations| etc

Analyses information and evaluating results to choose the best solution and solve problems

Ensures 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 to appropriate individuals in a timely manner

Reconciles balance sheet and ensures account balances are supported by appropriate documentation in accordance with SOPs

Oversees internal| external and regulatory audit processes and ensures compliance with Standard Operating Procedures (SOPs)

Produces accurate and timely financial reports to support effective decision-making

Ensures compliance with standard and local operating procedures (SOPs and LSOPs)

Ensures tax rates used for sales/use tax are current and proper amounts are collected and/or accrued

Documents tax exempt transactions

Demonstrating and Applying Accounting Knowledge

Demonstrates knowledge of job-relevant issues| products| systems| and processes

Uses computers and computer systems (including hardware and software) to program| write software| set up functions| enter data| or process information

Uses relevant information and individual judgment to determine whether events or processes comply with laws| regulations| or standards

Keeps up-to-date technically and applying new knowledge to your job.

Provides analytical support during budget reviews to identify cost saving and productivity opportunities

Proving Financial Information and Guidance to Others

Informs and/or updates the executives| the peers and the subordinates on relevant information in a timely manner

Provides on going analytical support (e.g.| monitoring the operating department’s actual and projected sales and profit and coaches management team to ensure financial goals are met and opportunities are identified and addressed)

Orients property managers to the accounting function and coaches to effectively manage their department’s financial performance

Provides meaning or context to the financial results

Advises the Director of Finance on existing and evolving operating/financial issues

Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures| and efficient control and utilization of financial resources

Knowledge and understanding of financial knowledge| controls| inventory| costs| expenses| and all cash handling procedures and policies.

Managing and Conducting Human Resource Activities

Ensures team members are cross-trained to support successful daily operations.

Ensures property policies are administered fairly and consistently.

Ensures new hires participate in the department’s orientation program.

Ensures new hires receive the appropriate new hire training to successfully perform their job

Creates appropriate development plans which develop team members based on their individual strengths| development needs| career aspirations and abilities

Additional Responsibilities

Provides information to supervisors| co-workers| and subordinates by telephone| in written form| e-mail| or in person

Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviours

Attends critique meetings to review information with management team


Collaboration and Communication with the Senior Leadership Team and all talent within W Sydney.

Promoting effective communication amongst all talents within the Revenue Management department to ensure every member of the team has sufficient information and resources to fuel the lust for life of our internal & external guests.

Building long-lasting relationships with talent and guests at all times.

Providing guidance to all talents by giving constructive feedback. To identify talent’s learning gaps and develop training systems designed around employees’ developmental needs.

Understanding the talent within the department’s strengths and weaknesses and in doing so| foster a working environment where all talents are able to build on constructive feedback. To encourage the use of direct and indirect feedback to improve talent’s self-awareness and development in growing with Marriott.

Human Resources:

Embracing the W Sydney Core Vision and Values and ensuring it is cascaded to our talent

Promoting a playful working culture based on Marriott’s “Put People First” culture and W Hotels’ Core Values whereby talents can achieve their fullest potential and their accomplishments are recognized and rewarded.

Embracing talent development by actively planning and participating in training initiatives.

Encouraging bottom-up feedback and communication to regularly review and action on talent suggestions.


Acting ethically in the handling| reporting and use of confidential information.

Ensure health & safety regulations standards are complied with.

Working knowledge of federal| state and local laws governing equal employment opportunity and civil rights| occupational safety and health| wage and hour issues| and labour relations.

Conducting meetings| communicating regularly with peers and other departments.

Flexibility to respond to a range of different work situations.

Profile Required

Talent and Key Competencies



Produce exciting shows together

Embrace differences

Get it Done| Make it Happen

Own it

Get it done creatively

Think and act proactively

Do it with style

Believe and Achieve

Believe in W and personally engage

Be all that is now| embrace what is next

Achieve your potential


Cultivate your talent

Be An Expert

Know your job and serve as an expert in your particular area

Effectively learn and apply job knowledge and technical skills

Work to improve your functional skills for the future

Readily share your expertise with other

Be W

Serve as a champion of W through words| actions and gestures

Follow brand standards

Have and show pride in W

Support the brand values: Bold| Witty| Insider

Influence Your Audience

Communicate clearly and thoughtfully to engage your audience

Use the brand voice when writing and speaking to promote the culture

Tailor method and style to persuade and capture the attention of your audience

Continually enhance stand-up and visual presentation skills

Sell it!

Flex Your Style

Know your strengths and weaknesses

Understand how your style and actions affect others

Understand what’s going on around you

Choose to stay cool| confident| thoughtful and encourage others to follow your lead

Fill emotional bank accounts


Know when it’s time to change and try new things

Foster excitement for what’s next

Encourage the free exchange of ideas and risk taking

Bench mark the best and adapt good ideas to make them great

Build and communicate the case for change

Influence others to innovate and evolve

Solve the Right Problem

Support and investigate the resolution of important problems

Escalate issues and eliminate barriers to progress

Secure additional resources where payoff is clear

Provide guidance and work together to find creative solutions

Be a Talent Magnet

Hire for attitude and train for skills

Actively coach and develop others

Lead with Passion

Show passion for what we do

Inspire| celebrate and promote team success

Align and Engage

Solicit input and involve others

Work through others to execute plans and achieve objectives

Technical / Functional Competencies

Excellent networking and communications skills.

A genuine personal interest in lifestyle events and information that is close to W’s core values and brand positioning.

Excellent interpersonal and problem resolution skills with an outgoing personality and ability to work as part of a team.

Excellent communication and organization skills – ability to handle multiple tasks at once and follow-up whenever needed

Excellent analytical and numerical skills

Minimum of 3 years’ experience in a hotel finance team

Marriott and Australia experience required

Other skills (Language| computers)

Must be able to speak| read| write and understand English. Additional knowledge of international and local languages is appreciated but not mandated.

Proficiency in Microsoft Outlook| Word| Excel and PowerPoint

Proficiency in Opera PMS

Proficiency in Micros Simphony POS

Proficiency in Birchstreet purchasing system

Proficiency in PeopleSoft accounting system or similar