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Finance Manager, Product Development

AT Royal Caribbean Group
Royal Caribbean Group

Finance Manager, Product Development

Miami, FL

Journey with us! Combine your career goals and sense of adventure by joining our exciting team of employees. Royal Caribbean Group is pleased to offer a competitive compensation and benefits package, and excellent career development opportunities, each offering unique ways to explore the world.

The Royal Caribbean Group's Royal Caribbean International brand has an exciting career opportunity for a full time Finance Manager reporting to the Senior Manager, Product Development Finance.

This position works on-site in Miami, Florida

Position Summary:

The Manager of Product Development Finance is a critical role within the RCI Finance team that is responsible for the financial modeling, capital budgeting, and spend forecasting of strategic land and private destinations. The successful candidate must have experience building financial models and managing projects through all phases of design and construction. This role will oversee a complex portfolio of initiatives and will be the primary point of contact to report out to Senior Executive-level leadership on the financial status of each track of work. The role requires expert skills in bringing team members together, facilitating large groups, wrangling disparate work tracks across multiple teams, and pulling together Executive-level status. This position thrives on big challenges and bringing high energy and enthusiasm to make things happen and achieve results.

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This role is responsible for overseeing all day-to-day financial activities of a program and for keeping a birds-eye view of the individual project operations while managing and mentoring assigned project financial analysts. This position consults with all project stakeholders (internal teams and contractors) to gather, analyze, and report data for recommended courses of action; proactively strategizes, manages, plans, and drives activities of the strategic projects to ensure project completion within prescribed budget; manages all aspects of project financial planning, tracking, and status reporting.

This role will own the financial models for these projects and will need to partner closely with numerous departments to ensure models are updated as the projects progress. Projects assigned are typically high priority, high profile, and multi-departmental initiatives for the organization and thus require continuous communication and interaction with the project team and department executives.

Essential Duties and Responsibilities:
  • Primarily responsible for the financial leadership for the Product Development / Private Destinations financial portfolio.
  • Manage multiple broad and complex programs consisting of multiple projects of work in support of guest experiences on private island destinations (e.g., Perfect Day and Royal Beach Clubs, etc.).
  • Develop and own project financial models including financial returns, cashflow modeling, sensitivity analysis and scenario modeling.
  • Own project business cases and partner closely with numerous departments to collect necessary information.
  • Estimate and develop capital budgets for Private Destination projects via financial modeling tools created by the finance team over product development.
  • Create and maintain the overall program financial outlook collecting necessary data points from various project managers and team leads.
  • Provide monthly tracking and reporting of capital spend and forecasted spend available for executive review and decision-making.
  • Track progress of owner supply requisition and procurement in accordance with budget for cost control and reporting.
  • Monitor and manage existing capital requests, update forecasts based on reasonable assumptions and actual performance and initiatives and monitor watch list projects and amendments to existing projects.
  • Responsible for writing Capital Appropriation Request (CAR) memoranda to formally request approval for Private Destination capital projects.
  • Present monthly financial status of individual projects to various levels within the organization and oversee the development of staff to present to various levels of the organization on the same topic.
  • Maintain and enhance project cost controls including, leadership of monthly closing, reconcile projects to G/L, ensure compliance with company policies especially those regarding investment and expense.
  • Review and approve business presentations for special projects.
  • Identification of efficiencies and focus on value added work.
  • Support the growth and mentorship of Finance Analysts supporting his/her portfolio.
  • Performs other duties as required.
  • Up to 15% travel may be required
  • Ability to establish and maintain effective working relationships with other departments to obtain information that is required.

This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to perform any other job-related duties assigned by their supervisor or management.

Qualifications, Knowledge and Skills:
  • Bachelor's Degree in Accounting, Finance, or Business Administration with 10+ years of work experience as a Finance Manager or similar position.
  • Minimum 5-10 years of financial management experience for a large corporation.
  • MBA preferred.
  • Prior experience in overseeing and managing the construction of major capital improvement projects.
  • Experience managing portfolios with annual budgets exceeding $50M.
  • Candidate must possess strong written and oral communication skills and be able to work effectively with all levels of personnel.
  • Strong PC skills are required.
  • Candidate must possess strong written and oral communication skills and be able to work effectively with all levels of personnel.

We know there's a lot to consider. As you go through the application process, our recruiters will be glad to provide guidance, and more relevant details to answer any additional questions. Thank you again for your interest in Royal Caribbean Group. We'll hope to see you onboard soon!

It is the policy of the Company to ensure equal employment and promotion opportunity to qualified candidates without discrimination or harassment on the basis of race, color, religion, sex, age, national origin, disability, sexual orientation, sexuality, gender identity or expression, marital status, or any other characteristic protected by law. Royal Caribbean Group and each of its subsidiaries prohibit and will not tolerate discrimination or harassment.

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Client-provided location(s): Miami, FL, USA
Job ID: royal_carribean-1228644400
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Adoption Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • On-site/Nearby Childcare
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K)
    • Stock Purchase Program
    • Performance Bonus
    • 401(K) With Company Matching
    • Company Equity
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Internship Program
    • Leadership Training Program
    • Professional Coaching
    • Learning and Development Stipend
    • Lunch and Learns
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program

Company Videos

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