Choice Hotels Sr. Analyst, International Financial Planning & Analysis and Strategic Finance in Rockville, Maryland
As the senior analyst of FP&A and strategic finance for our entire international operations, you will providing financial support for the entirety of Choice Hotels’ business outside of the United States, working with teams across the world to support our growth trajectory in Europe and the Middle East, Latin America, Asia Pacific and Canada.
We are building a world-class FP&A organization and this role calls for improving our ability to deliver exceptional value to internal and external customers. The company’s expectations are for you to support a systematic, disciplined approach to Choice’s financial plans and to help assess opportunities to improve the organization’s growth and profitability through financial planning and analysis, cost optimization, operational reviews, as well as analysis of financial investments and assessment of resource allocation opportunities.
This position offers opportunities to become a true business partner to the organization and a key financial SME for the business unit you support. You are considered a key resource in the organization and a key contributor to the financial and operational success of your business unit and ultimately, the company.
Expectations are for you to influence the organization through analytical support that improves the way in which we manage our cost structure and drive revenue generation initiatives. Building a strong partnership with operational areas to bridge the gap between financial and operational goals is a must. This position will be supporting planning, budgeting and forecasting activities; including financial analysis of actuals, creation of forecast and budget as well as the analysis of investments and long-range planning required to support the business. You will be a key member of the international team and work closely with our headquarters and regional executive teams to ensure that we achieve our annual and long-range business and financial objectives.
As senior analyst, you will be wearing multiple hats, not focusing on a single function but rather supporting the full range of FP&A and strategic finance tasks and taking an enterprise view on the business unit under your support. As such, you will partner with our tax, accounting, treasury and investor relations functions across the world. You will help explain the story behind the numbers to internal and external stakeholders. In this role, you will be able to exercise your entrepreneurial spirit to support the sustainable development of our growing international markets, taking initiative to create new processes to drive value, while acting as a link between our local teams and our headquarters here in the United States. As a senior analyst will have the unique chance to influence not just one but all aspects of the financial health of the division and to gain exposure to challenging projects that will develop the skills needed to succeed as a financial leader.
PRIMARY DUTIES AND ACCOUNTABILITIES
Supporting the full financial ownership and management of the P&L of the international division:
Supporting the international planning, budgeting, and forecasting process across the entire international division (including monthly close, forecast, budget and risk mitigation plan) while partnering with the enterprise FP&A team on consolidation and reporting. Follow project plans, milestones and reviews for each business unit that roll up to the international division to ensure that final forecasts are thoroughly vetted and submitted on time. Prepare consolidated presentations that summarize the forecast of the division including key drivers, risks and opportunities
Be the subject matter expert on specific business units
Prepare and adjust forecasting models to be used for both revenue and expenses projections, properly reflecting the differences between the local markets while enabling comparison at the enterprise level
Set targets that reflect the underlying fundamentals of the business units, make arbitrations on cost optimization with a division and enterprise lens
Support the alignment of the financial plan with the division’s operational rollout and implementation plans. Actively involved in development and management of Risk Mitigation Plans to ensure financial targets are met across the company. Advise on risk and opportunity considerations for managing cost and growing the revenue and profitability
Maintain and adjust reporting packages used with senior executives and operational leaders to provide both high level and detailed feedback, insight and recommendations to the business on its financial performance, focusing on key drivers including profitability models, trends, and analytical needs.
Partner with Financial Operations teams (accounting, treasury, tax) to ensure consistency throughout financial statements.
Assess the impact of local currency fluctuations on our business and partner with our accounting and treasury teams to take steps to mitigate volatility linked with f/x
Support the creation of the financial long-range plan of the international division and support the assessment of sustainable growth investments:
Support the creation and updating of a multi-year investment plan for the International division, in partnership with operational stakeholders and strategy teams
Support the enhancement of the overall governance and funding process for key corporate initiatives, including supporting the development of business cases to drive optimal investment decisions
Support strategic analysis in support of business decisions and investment initiatives in P&Ls under responsibility. Includes partnering with the development organization on pricing strategy for the franchise business; partnering with the technology, operations and marketing teams to prioritize areas of investments through strategic and financial analysis. Prepare presentations with key strategic and financial insights to influence decision-making at the operational and executive levels
Understand how investments tie to the value proposition of the various business units by understanding industry trends at the local level
Partners with other functions to enhance overall governance and funding process for key corporate initiatives, including the development of business cases to drive optimal investment decisions
SKILLS, EDUCATIONAL BACKGROUND AND EXPERIENCE
BS Degree in Finance, Accounting, Economics or equivalent years of experience, MBA preferred
3+ years of FP&A experience, preferably with hospitality industry experience
Strong strategic skills, with the ability to identify and assess key points, implications and recommendations
Understanding of corporate financial planning, reporting & analysis, and costing/profitability methodologies and processes. Knowledge of common business and cost drivers, financial statement analysis, and deep-dive analysis.
Ability to take complex sets of data and translating into business insight
Excellent verbal and written communication and interpersonal skills
Excellent project management skills and attention to detail. Ability to manage complex projects with multiple dependencies and meet deadlines
Ability to work with multi-cultural teams across multiple time zones
Proven ability to be comfortable dealing with ambiguity
Comfortable navigating the requirements of a large US public company while wearing multiple hats as required in a smaller growing business unit
Results-oriented individual with a strong sense of urgency
Self-motivated, works well with limited supervision
Ability to communicate and explain complex financial issues to non-financial professionals and to interact well with all levels within the organization
Proficient in Microsoft Office, with advanced knowledge of Excel required (financial modeling and analysis techniques)
High level use of Tableau is not required but a preferred skill
Knowledge of French, Spanish or German preferred
Strong ethical nature able to foster an environment of governance
Strong drive for data integrity, process definition, and organizational alignment
General Knowledge of FASB and SEC requirements, Generally Accepted Accounting Principles, tax reporting and accounting practices
Ability to model Choice’s Cultural Values: Welcome and Respect Everyone, Be Bold, Be Quick, Listen, Be Curious and Show Integrity.
CONNECT THE WORLD THROUGH THE POWER OF HOSPITALITY
We bring together the people, brand and technology that enable the success of others – welcoming every guest, every partner, everywhere their journey takes them.
Visit http://careers.choicehotels.com to learn more.