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Additional Information

**Job Number** 25119378

**Job Category** Finance & Accounting

**Location** Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States, 20814VIEW ON MAP (https://www.google.com/maps?q=Marriott%20International%20HQ%2C%207750%20Wisconsin%20Avenue%2C%20Bethesda%2C%20Maryland%2C%20United%20States%2C%2020814)

**Schedule** Full Time

**Located Remotely?** N

**Position Type** Management

JOB 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, foreign currency exposures, and interest rate swaps. 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 and hedging 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 and hedging activities. This highly visible position reports to the Senior Director, Corporate Financial Accounting (“CFA”) and is a key member of the CFA management team.

CANDIDATE PROFILE

Education and Experience

_Required_

• Bachelor’s degree in accounting, Finance or related discipline

• Seven or more years of progressive job experience in accounting/finance field; international accounting exposure

_Preferred_

• CPA, MBA, or advanced degree in Accounting or Finance

• Prior experience managing a team in a complex, service-intensive, and deadline-driven environment

CORE WORK ACTIVITIES

• 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.

• Ensure proper accounting for interest rate swaps.

• 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 standards.

• Provide training to Global Finance associates regarding foreign exchange principles and methods.

• Assess the nature of foreign entity business operations to determine the proper functional currency of new international subsidiaries and branches.

• Analyze foreign currency activity included in Marriott’s financial results to ensure it is consistent with expectations relative to Marriott’s exposed foreign asset and liability position.

• Actively support foreign currency hedge committee initiatives by ensuring adequate accounting processes and controls of hedging activities.

• Support internal audit and external auditor testing of foreign exchange income statement and balance sheet activity, as required.

• Ensure external reporting (10K, 10Q) disclosures related to foreign exchange, derivatives and hedging are completed in an accurate, timely manner.

• Maintain systems and controls to ensure compliance with MIP-66 reporting and reconciliation requirements relating to foreign exchange and foreign currency hedging and interest rate swaps.

• Perform other duties as requested by department leaders.

• Participate in special projects/cross training opportunities as they become available.

The salary range for this position is $108,300 to $171,100 annually. Marriott offers a bonus program, comprehensive health care benefits, 401(k) plan with up to 5% company match, employee stock purchase plan at 15% discount, accrued paid time off (including sick leave where applicable), life insurance, group disability insurance, travel discounts, adoption assistance, paid parental leave, health savings account (except for positions based out of or performed in Hawaii), flexible spending accounts, tuition assistance, pre-tax commuter benefits, other life and work wellness benefits, and may include other incentives such as stock awards and deferred compensation plans. Benefits and incentive compensation may be subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions.

The compensation and benefits information is provided as of the date of this posting. Marriott reserves the right to modify compensation and benefits at any time, with or without notice, subject to applicable law.

_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._

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.