Finance Manager, Product Development

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. 

 

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 cl