Senior Manager, Accounting – Risk Finance
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Job Location:
Bethesda, MD - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
JOB SUMMARY
The Senior Manager will manage the day-to-day activities relating to general accounting and financial analysis aspects of the Risk Managements global Insurance Programs. This position oversees a team of two in the management and execution of financial and accounting processes that support financial and operational business strategies and plans designed to enable Risk Management to achieve its business objectives.
EXPECTED CONTRIBUTIONS
Manage the complex accounting activities of Risk Managements global insurance programs including developing and monitoring multiple allocations and billing mechanisms to ensure that program funding is accurately captured recorded analyzed and communicated.
Ensure the completeness and accuracy of financial information explain trends and/or variations in results vs. expectations and develop and implement actionable recommendations and responses to address identified business challenges and opportunities.
Lead efforts to review monthly P&L statements for Risk Managements insurance programs. Act as the day-to-day primary contact for addressing accounting and financial reporting issues and questions.
Review significant cash flow activity and verify accuracy of cash flow presentation through review of supporting schedules analysis and discussions with process owners. Explain and analyze business drivers and significant transactions that impact the cash flow statement.
Conduct or engage in regular meetings with business contacts on major transactions and work with other team members and the Accounting Policy group to ensure transactions and new policies are recorded correctly in accordance with GAAP.
Monitor casualty insurance reserves and record Marriotts liabilities accordingly to ensure financial statements are properly presented partnering with the third party actuarial service provider.
Monitor and analyze ongoing and initiatives costs to ensure compliance with funding and cost allocation methodologies and to determine over/under recovery positions. Perform funding and cost analyses to support business decision making and to respond to internal management and external parties inquires.
Update annual program rates for Risk Managements programs and services within the Marriotts annually issued budget guidelines ensuring rates comply with business objectives and allocations align with approved methodologies.
Prepare relevant audit schedules/PBCs and respond to related audit questions as necessary to support the internal and external audit requirements
Ensure the effectiveness of internal controls over Risk Management accounting and financial reporting processes.
Partner with leaders of Risk Management disciplines to monitor and maintain appropriate accounting and cost recovery mechanisms for their global programs and services provided to hotels and owners.
Coordinate prepare and review complex special projects studies and analyses as requested by management.
Prepare monitor and analyze Marriotts restructuring and transition costs including appropriate classification of reimbursable costs.
Partner with third party actuarial service provider to ensure completeness and accuracy of balance sheet insurance reserves providing detailed analyses on quarterly and semi-annual adjustments.
Develop and review documentation of current accounting policies and procedures and initiate possible updates or improvements.
CANDIDATE PROFILE
KEY TALENTS AND EXPERIENCE
Minimum 7 years financial management experience in a global organization with increasing management responsibility including complex data analysis and financial modeling.
Strong technical accounting skills; understanding of Generally Accepted Accounting Principles and related controls.
Strong quantitative and qualitative analysis skills; able to take complex information and present it in a clear and concise manner
Previous PeopleSoft experience strongly preferred.
Broad understanding of accounting and the correlation of operating Financial Statements.
Strong organizational skills and effectiveness in prioritizing and managing multiple priorities.
Able to work independently.
Effectively work in a team environment.
Ability to embrace continuous process improvement.
Detail-oriented individual capable of supervising standard and non-standard accounting processes.
EDUCATION AND PROFESSIONAL CERTIFICATION
Baccalaureate degree in accounting
CPA preferred
Marriott International is an equal opportunity believe in hiring a diverse workforce and sustaining an inclusive people-first are committed to non-discrimination onanyprotectedbasis such as disability and veteran status or any other basis covered under applicable law.
Required Experience:
Senior Manager
Key Skills
- Internal Audit
- Supervising
- Data Entry
- Compliance
- Customer Service
- Accounting & Finance
- General Ledger Accounting
- IFRS
- External Audit
- Microsoft Excel
- ERP
- Payroll
- Financial statement
- ACCA
- CPA
About Company
At Le Méridien, we are inspired by the era of glamorous travel, celebrating each culture through the distinctly European spirit of savouring the good life. Our guests are curious and creative, cosmopolitan culture seekers that appreciate moments of connection and slowing down to savou ... View more
