Marriott

Senior Manager, Project Accounting

Marriott Bethesda, Maryland, United States · $110K–$174K/yr

Hospitality · 201-500 employees

5 h ago
Principal (10+ yrs) Full-time United States
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About the role

The Senior Manager of Project Accounting oversees all financial aspects of complex projects, including forecasting, billing, and risk management. They are responsible for implementing process enhancements, maintaining internal controls, and ensuring accurate financial reporting in compliance with company policy.

What they look for

Project accounting Financial forecasting General ledger management Process improvement Accounts receivable Cash flow management Tax compliance Internal controls Account reconciliation Financial reporting Microsoft Office Excel PeopleSoft Oracle Business Intelligence tools Communication skills

Requirements

Candidates must possess a Bachelor's degree and at least 8 years of professional experience, with a CPA and management experience preferred. Proficiency in accounting principles (GAAP), financial systems like PeopleSoft or Oracle, and strong analytical skills are required.

Benefits

401(k) plan Stock purchase plan Marriott property discounts Commuter benefits Employee assistance plan Childcare discounts Medical insurance Dental insurance Vision insurance Health care flexible spending account Dependent care flexible spending account Life insurance Disability insurance Accident insurance Adoption expense reimbursements Paid parental leave Educational assistance Paid sick leave Paid time off Paid holidays

Full description

JOB SUMMARY

Manages all aspects of Project Accounting for specialized projects of significant size, risk, and high complexity, discipline, or department.

Functions as lead team member of the designated area in understanding specific deal terms and structure, ensuring timely and accurate accounting services are provided to one or more internal and/or external customers.

Responsible for fully leveraging technology and resources to institute and maintain world-class processes that balance efficiency with specified service levels.

Understands and is conversant in deal structures of high complexity. Interacts with senior Global Design (GD) and Marriott management in communications and related required reporting.

EXPECTED CONTRIBUTIONS MAY INCLUDE

  • Responsible for the timely and accurate completion of all project accounting processes for assigned projects.
  • Manage and communicate multi-discipline, highly visible project forecasts for assigned projects, including MI investment CAPEX projects, identification of risks and opportunities.
  • May also include preparation/review of construction draws to lenders, owners, customers, and general contractor financial qualifications.
  • Responsible for identification and implementation of process enhancement opportunities that increase efficiency and allow for consistency of efforts.
  • Includes lead role in utilizing technology to improve operations.
  • Manage project billing process and related activities; may include contractual agreements, including foreign currency translation issues.
  • Accountable for accounts receivable and cash flow for assigned projects, including responsibility for problem receivables, delinquency reporting, and related processes.
  • Manage applicable domestic or international tax requirements to ensure taxes are accrued and paid in accordance with jurisdictional regulations.
  • Manage assigned project(s) general ledger account balances, ensuring accuracy of financial statements and reporting.
  • Support annual budget preparation (workload drivers) and monitoring for area of responsibility.
  • Establish strong working relationships with the relevant Finance Business Partner, other GD project/department management, relevant business stakeholders including Continent GD Teams, Corporate Financial Analysis, Accounting Policy, Internal Audit, Asset Management, Legal, Tax, Risk Management, Development, and third-party owners.
  • Implement strong internal controls in all related project accounting processes.
  • Coordinate account reconciliation reporting and analysis and research/resolve variances in accordance with company policy.
  • Draft and maintain updates to Global Design Finance and Accounting Policy, may include updates to SOX Process Narratives, Flowcharts, and Risk Controls Matrix.
  • Perform various audits and analyses in line with business needs.
  • Lead efforts to identify and implement the most efficient and value-added services and related processes to the assigned projects.
  • Set project-related goals and priorities and operate independently in most cases with minimal supervision required.
  • Utilize strong systems skills in multiple applications to streamline processes and gain efficiencies.

CANDIDATE PROFILE

Key Skills / Requirements

  • Excellent PC skills; proficient in Microsoft Office products including intermediate Excel skills.
  • Knowledge of accounting and auditing principles required (GAAP).
  • Excellent interpersonal and oral/written communication skills required.
  • Strong organizational skills and ability to meet deadlines and effectively manage multiple priorities.
  • Ability to work independently and in a team setting.
  • Knowledge of contracting, construction/design industry, project management, and consulting agreements preferred.
  • Ability to identify issues, recommend solutions, and implement resolutions.
  • Strong analytical skills and effective problem-solving abilities; makes decisions using data and anticipates risks and consequences of current issues on future project outcomes.
  • Ability to build and maintain key relationships and coordinate with other departments and owners.
  • Customer-service-oriented perspective and an effective listener.
  • Must be a self-starter, capable of identifying needs/requirements and taking independent action.

Education / Experience

  • Bachelor's Degree required; Accounting/Finance major a plus.
  • CPA preferred.
  • Minimum of 8 years’ professional experience.
  • Management experience preferred
  • PeopleSoft or Oracle software experience preferred.
  • Business Intelligence tools (e.g., Power BI, Power Automate) preferred.

At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated. Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates.  We are committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by 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 Headquarters (HQ) supports a hybrid work environment that helps associates Be Connected. HQ based roles are generally hybrid and require regular in-office presence at the assigned location, including for candidates who live within commuting distance of HQ for a role listed as remote. Remote roles will be clearly identified in the job posting.

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.