The Manager, Private Destinations Finance, will be responsible in managing the financial oversight of the Private Destinations portfolio. This role will be the key liaison between Brand Finance, Private Destinations and Product Development to understand operating assumptions and financial implications of the Private Destinations portfolio, from the ideation phase of the project to the daily operations. The role will manage the financial modeling, including understanding and aligning on all key assumptions, oversight of financial performance, and oversight of the Private Destinations profit and loss statement. The role manages all aspects of finance functions including planning, forecasting, reporting, and business analysis for all areas within these operations. This role provides financial leadership for critical business projects and develops insights by working with the operational team across the brand.
Want more jobs like this?
Get jobs in Miami, FL delivered to your inbox every week.
ESSENTIAL DUTIES AND FINANCIAL & OTHER RESPONSIBILITIES:
- Manages and maintains financial models for the new destinations working cross-functionally with the private destinations team, product development, revenue management, onboard revenue, deployment strategy, and consistently update, reasonable assumptions based on performance benchmarks.
- Liaison with the Private Destinations team to understand operating plans, in order to build assumptions and financial implications.
- Liaison with the Product Development team to understand development plans, in order to build operations assumptions and financial implications.
- Liaison with the Revenue teams build revenue assumptions for each Private Destination.
- Manages financial performance vs. Plan and Forecasts for Private Destinations, making recommendations to the Director and VP regarding how to meet or exceed targets.
- Oversees the annual operating process including development of the planning schedules, spreadsheet tools, comparative data, and communication of corporate objective for the Private Destinations team.
- Reviews all reclasses, accruals and other month end entries to be submitted to accounting.
- Develops detailed variance explanations to plan and forecast for Executive Committee and CFO variance analysis review of operations expenses.
- Cross-functional collaboration with other operating teams including product development, risk management, supply chain, marketing, and other departments throughout the organization.
- Creates and maintains accurate and real time management reports and analysis including quick turn-around of ad-hoc financial analysis in a dynamic environment.
- Maintains and ensures cost controls are following Sarbanes Oxley, accounting, and other company policies.
- Liaises with Accounting, Corporate Planning and Risk Management on forecast updates, planning, month end closing and other requests.
- Hires, trains, develops, and monitors performance of junior members of the of the Finance team.
- Performs other duties as 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 AND EDUCATION
Bachelor's degree in finance and/or Accounting, and MBA preferred.
6+ years relevant work experience, preferably in operational finance with recent experience managing others.
Successful track record in financial leadership.
Knowledge and extensive experience in accounting and/or other financial/analytical systems (e.g. JD Edwards, Hyperion, Essbase, Excel).
KNOWLEDGE AND SKILLS:
Experience with U.S. GAAP adherence required.
Strong leadership skills, collaboration/teaming, the ability to develop and maintain a high performing team, and excellent communication and interpersonal skills.
Must be able to fully integrate into Royal Caribbean shoreside and shipboard culture.
Leadership skills to proactively manage Private Destinations expenses, support financial discipline, and
ensure meeting or exceeding department financial targets and controls.
Strong analytical & computer skills, written and verbal communication skills. Working knowledge of associated financial software and communication packages.
FINANCIAL/QUANTITIVE RESPONSIBILITIES
Coordinate and report on Monthly and Quarterly Private Destination variances from forecast and actuals. Liaise with appropriate departments to complete monthly/quarterly requirements.
PHYSICAL REQUIREMENTS
The physical demands described here are representative of those requirements employees must meet to perform the essential functions of this job with or without reasonable accommodations. The employee is regularly required to sit, stand, write, review and type reports, compile data, and operate a pc. The employee communicates, listens, compares variables, and assesses information. The employee regularly moves about the office complex, and may climb, descend, lift or move 10 pounds. Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of the job with or without reasonable accommodations.
WORKING CONDITIONS
The environment includes office location, and /or moving inside/outside the office. A high noise level is possible if visiting shipboard or offsite locations.