Senior Manager, Foreign Exchange Accounting at Marriott in Boise, Idaho, United States Job Description Job Number 24164992 Job Category Finance & Accounting Location Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States Schedule Full-Time Located Remotely?
Y Relocation? N Position Type Management Position Summary The Senior Manager of Corporate Financial Accounting is responsible for managing all aspects of accounting and analysis for Marriott's foreign currency transactions, foreign currency derivatives, and foreign currency exposures.
Central roles of this position include managing a team through the monthly close, ensuring proper accounting, reporting, and controls are maintained, and providing leadership to others throughout the organization on foreign currency technical accounting matters.
The position will play a key role in partnering with multiple stakeholders to ensure the accurate and timely delivery of department deliverables relating to Marriott's extensive foreign currency activities.
This highly visible position reports to the Director Corporate Financial Accounting ('CFA') and is a key member of the CFA management team.
Expected Contributions and Responsibilities Direct a team of finance and accounting professionals, prioritize projects and workload of the team and its individual members, and establish deadlines around the following department priorities : + Ensure proper accounting for a significant volume of foreign transactions, including translation of financial statements and revaluation of foreign currency transactions.
Demonstrate a solid understanding of complex foreign currency concepts, including proper recognition of foreign exchange gains / losses for major transactions.
- Monitor and review system postings from Kyriba (Treasury Management System) to ensure accuracy of derivative instrument transactions.
- Coordinate with business partners to review strategic initiatives (e.g., acquisitions, joint ventures, leases, etc.) for foreign currency implications and consult with personnel regarding proper accounting treatment.
Evaluate foreign currency hedging transactions and determine proper hedge accounting treatment in support of the Company's hedging program, which represents $6B in annual trades.
Maintain and enhance monthly reporting of foreign exchange activity to key stakeholders within the organization, including senior management.
For external reporting, partner with Financial Reporting to ensure compliance with US GAAP reporting standar To view full details and how to apply, please login or create a Job Seeker account
Senior Manager, Foreign Exchange Accounting
Senior Manager, Foreign Exchange Accounting at Marriott in Boise, Idaho, United States Job Description Job Number 24164992 Job Category Finance & Accounting Location Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States Schedule Full-Time Located Remotely? Y Relocation?...
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