Senior Manager, Foreign Exchange Accounting

$96,038 - $179,270/Yr

Marriott International - Juneau, AK

Full-time - Manager

Hybrid - Juneau, AK

Accommodation

About the position

The Senior Manager of Foreign Exchange Accounting at Marriott is responsible for overseeing all aspects of accounting and analysis related to foreign currency transactions, derivatives, and exposures. This role involves managing a team through the monthly close process, ensuring accurate accounting and reporting, and providing leadership on foreign currency technical matters. The position requires collaboration with various stakeholders to ensure timely delivery of department deliverables and compliance with US GAAP reporting standards.

Responsibilities

• Direct a team of finance and accounting professionals, prioritizing projects and workload.
• Ensure proper accounting for foreign transactions, including translation of financial statements and revaluation of foreign currency transactions.
• Monitor and review system postings from Kyriba to ensure accuracy of derivative instrument transactions.
• Coordinate with business partners to review strategic initiatives for foreign currency implications.
• Evaluate foreign currency hedging transactions and determine proper hedge accounting treatment.
• Maintain and enhance monthly reporting of foreign exchange activity to key stakeholders.
• 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.
• Analyze foreign currency activity included in Marriott's financial results.
• Support foreign currency hedge committee initiatives by ensuring adequate accounting processes and controls.
• Support internal audit and external auditor testing of foreign exchange activities.
• Ensure external reporting disclosures related to foreign exchange, derivatives, and hedging are completed accurately and timely.
• Maintain systems and controls for compliance with MIP-66 reporting and reconciliation requirements.
• Participate in special projects and cross-training opportunities.

Requirements

• Baccalaureate degree in Accounting, Finance, or related discipline required; CPA, MBA, or advanced degree preferred.
• Six or more years of progressive job experience in accounting/finance; international accounting exposure preferred.
• Prior experience managing a team in a complex, service-intensive, and deadline-driven environment is a strong plus.
• Experience in a large public accounting firm strongly preferred.
• Strong knowledge of U.S. generally accepted accounting principles.
• Experience with accounting in a multi-currency environment.

Nice-to-haves

• Advanced knowledge of Microsoft applications including Excel, Power Query, Power BI, and Power Automate.
• Experience with Peoplesoft and Hyperion.

Benefits

• Medical, dental, and vision coverage.
• Health care flexible spending account.
• Dependent care flexible spending account.
• Life insurance and disability insurance.
• Accident insurance.
• Adoption expense reimbursements.
• Paid parental leave.
• Educational assistance.
• 401(k) plan and stock purchase plan.
• Discounts at Marriott properties.
• Commuter benefits.
• Employee assistance plan.
• Childcare discounts.