Senior Manager, Accounting – Risk Finance at Residence Inn Marriott Provo South University

Bethesda, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

13 May, 26

Salary

174600.0

Posted On

12 Feb, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Management, Data Analysis, Financial Modeling, Technical Accounting, GAAP, Quantitative Analysis, Qualitative Analysis, PeopleSoft, Organizational Skills, Process Improvement, Detail-Oriented, Team Collaboration

Industry

Hospitality

Description

JOB SUMMARY The Senior Manager will manage the day-to-day activities relating to general accounting and financial analysis aspects of the Risk Management’s 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 Management’s 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 Management’s 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 Marriott’s 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 Marriott’s annually issued budget guidelines ensuring rates comply with business objectives and allocations align with approved methodologies. Prepare relevant audit schedules/PBC’s 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 Marriott’s 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 employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law. All positions offer a 401(k) plan, stock purchase plan, discounts at Marriott properties, commuter benefits, employee assistance plan, and childcare discounts. Benefits are subject to terms and conditions, which may include rules regarding eligibility, enrollment, waiting period, contribution, benefit limits, election changes, benefit exclusions, and others. Click here to learn more. Full-time positions also offer coverage for medical, dental, vision, health care flexible spending account, dependent care flexible spending account, life insurance, disability insurance, accident insurance, adoption expense reimbursements, paid parental leave and educational assistance. Washington Applicants Only: Employees will accrue paid sick leave, 0.077 PTO balance for every hour worked and be eligible to receive a minimum of 9 holidays annually. Marriott HQ is committed to a hybrid work environment that enables associates to Be connected. Headquarters-based positions are considered hybrid, for candidates within a commuting distance to Bethesda, MD; candidates outside of commuting distance to Bethesda, MD will be considered for Remote positions. Marriott International is the world’s largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you.

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Responsibilities

The Senior Manager will oversee the accounting activities of Risk Management’s global insurance programs, ensuring accurate financial information and compliance with GAAP. They will also lead financial analyses and support business decision-making through funding and cost analyses.