Marsh McLennan

Accounting Policy and Advisory - Senior Specialist

Marsh McLennan • $115K — $230K *
New York, NY 10025Hybrid
Legal & Accounting
8 - 10 years of experience
Reposted 2 weeks ago
Job Overview by Ladders

Qualifications

  • Certified Public Accountant (CPA) designation required.
  • Bachelor's and/or a Master's degree in Accounting.
  • 8+ years of technical accounting experience in-house or in public accounting.
  • Experience in complex transactions with at least 2 years focused on revenue recognition.
  • Additional expertise beyond ASC 606 and ASC 340-40 is a plus.

Responsibilities

  • Act as a subject matter expert on ASC 606 and ASC 340-40 accounting standards.
  • Collaborate with Controllers to resolve technical inquiries related to revenue recognition.
  • Provide advisory support for M&A transactions, specifically regarding due diligence on ASC 606 matters.
  • Deliver training on complex accounting topics to regional Controllers' teams.
  • Help design and conduct training for Corporate Development on revenue recognition issues.
  • Maintain and refine accounting policies and prepare clear accounting memos for implementation.
  • Advise management on new accounting guidance affecting the organization.

Benefits

  • Health and welfare benefits.
  • Tuition assistance for continued education.
  • 401K savings and retirement programs.
  • Employee assistance programs for personal support.
Full Job Description
Company:
Marsh Corporate

Description:

Marsh is seeking an Accounting Policy and Advisory - Senior Specialist for our high-performing Controllership team. This is a hybrid role with three days per week required in our NYC office.

The Accounting Policy and Advisory - Senior Specialist will partner across Finance, Corporate Development, and Marsh's four businesses to help shape and support accounting conclusions on complex matters, new initiatives, and strategic transactions.

This role reports into the Global Head of Accounting Policy and Advisory and will be a member of a highly visible team that serves as a trusted technical accounting resource across Marsh's four global businesses.

We will count on you to:
  • Act as a subject matter expert in ASC 606 (revenue recognition) and ASC 340-40 (costs to obtain and fulfill).
  • Partner with local and regional Controllers by resolving technical inquiries relating to the revenue recognition (ASC 606) of new customer products/services and changes to the contractual terms of existing services.
  • Assist with transaction accounting advisory for mergers and acquisitions and strategic investments; partnering with local and regional Controllers to resolve ad-hoc due diligence questions relating to ASC 606 (revenue recognition).
  • Equip the local and regional Controllers' teams with technical accounting guidance through the development and delivery of targeted training in complex accounting areas and through the creation of a contract analysis tool.
  • Partner with other members of the Accounting Policy and Advisory team to design and conduct training for our Corporate Development department, aimed at educating the team on common revenue recognition (and related matters) issues identified during the due diligence process.
  • Work closely with other key stakeholders, including but not limited to: Legal, Tax, Treasury, Controllership, and Marsh's four businesses.
  • Communicate accounting guidance to Marsh's Controllers by designing, maintaining, and refining accounting policies and/or preparing accounting memos that are easy to understand and include sufficient detail to support effective implementation.
  • Advise management of any new accounting guidance issued by standard setters and regulators that may affect the organization, and support Marsh in the adoption and implementation of new standards across the business.
  • Support SEC reporting activities through the review of applicable changes to the financial statements, footnotes, and MD&A within Marsh's 10Q and 10K.
  • Support the team's external engagement with 1) Marsh's external auditors and 2) the SEC, the FASB, FINRA, and relevant trade groups to help ensure Marsh's views are appropriately represented.


What you need to have:
  • Certified public accountant
  • Bachelor's and/or a Master's degree in Accounting.
  • 8+ years of providing technical accounting advice in-house within an organization and/or within the public accounting space.
  • Experience with complex transactions, with at least 2 years specifically focusing on revenue recognition (other areas of expertise are a plus).


What makes you stand out?
  • Have strong interpersonal skills and can take a thoughtful, measured approach when interacting with colleagues.
  • Extensive technical accounting experience gained in a large Big 4 accounting firm's client-serving technical accounting group and/or National office.
  • Ability to balance providing accurate accounting advice while being commercial and practical.
  • Other areas of topical expertise beyond ASC 606 and ASC 340-40.
  • Have excellent communications skills, both verbal and written.


The applicable base salary range for this role is $115,200 to $230,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Finance & Insurance
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ
MMC
* Ladders Estimates

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