Marriott International

Senior Manager, Project Accounting, Procurement & Global Design - US & Canada and CALA

Marriott International • $110K — $130K *
Bethesda, MD 20817In-Person
Real Estate & Construction
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree required, Accounting/Finance major a plus
  • CPA preferred
  • 10+ years of professional experience
  • 5+ years of management experience
  • Proficiency in Microsoft Office, PowerBI, Power Query, and familiarity with PeopleSoft, Oracle, or Coupa software
  • Knowledge of GAAP and strong analytical skills required
  • Fluency in English; Spanish preferred for roles supporting Caribbean & Latin America.

Responsibilities

  • Lead project accounting efforts for diverse business groups and customers
  • Oversee compliance with GAAP regarding capitalization of deal costs and revenue recognition
  • Manage Accounts Payable for projects, resolving complex vendor invoice issues
  • Develop relationships with internal customers and various stakeholders
  • Identify and implement process enhancements to improve efficiency in project accounting operations
  • Conduct cash flow forecasting to support owner's financing processes
  • Manage a team of accounting professionals, setting goals and maintaining project timelines.

Benefits

  • Opportunity for professional development and management training
  • Work with advanced accounting technology solutions
  • Engage in complex international accounting and financial processes
  • Collaborative work environment with diverse internal and external stakeholders
  • Potential to influence significant financial operations and strategy.
Full Job Description
Job Description

POSITION SUMMARY

Lead Project Accounting Contact for multiple Business Groups/Customers and business models, requiring varying day-to-day accounting responsibilities, analytics, reporting, budgeting, forecasting and relationship management. Oversee projects of significant size, risk and high complexity, discipline or department. Leads project accounting team in support of the designated areas (assumes understanding of specific deal terms and structure), ensuring timely and accurate accounting services are provided to multiple internal and external customers. Responsible for fully leveraging technology and resources to institute and maintain world class processes that balance efficiency with specified service levels and liaison with multiple Finance Business Partners (FBP's). Understands and conversant in deal structures of high complexity. Interacts with senior continent and/or business leaders, related required reporting and continually evolving business needs

EXPECTED CONTRIBUTIONS
  • Project Accounting (Professional Services area) related to Development projects, Technical Services Agreements (TSAs), Project Improvement Plans (PIPs), CAPEX activities and Procurement owner contracts for hotels and residential units, for all brands. Duties include leadership of team performing cost accounting in accordance with GAAP for capitalization of deal costs, Revenue Recognition ASC 606 treatment, contract review, billing, collections and closeout.
  • Position involves foreign currency translation and jurisdictional tax requirements in multiple international countries and for all US states and local jurisdictions (e.g. VAT, Withholding taxes, Sales/Use Taxes) and financial contract administration for tri-party agreements. Review applicable domestic or international tax requirements, to ensure taxes are billed, accrued and paid in accordance with jurisdictional regulations.
  • Development accounting and account reconciliations for pre-construction projects.
  • Responsible for management and professional development of a team of associates in the completion of all project accounting related processes.
  • Develops and maintains relationships with owners and internal customers.
  • Manage centralized Procurement Accounts Payable (A/P) group. Research and resolve exception and unusual issues that arise in daily processing of vendor invoices. A/P issues are complex with pricing variations, tariffs, product defects/returns, varying sales/use tax bases and rates, manual processes related to international wires, and POs with hundreds of line items requiring invoice payment matching. Manage and communicate multi discipline, highly visible project forecasts for assigned projects, identification of risks and opportunities. May also include preparation/review of construction draws to lenders/owners/customers.
  • Responsible for leading the team in 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 for 1,000+ projects and related activities; may include contractual agreements including foreign currency translation issues.
  • Accountable for Accounts Receivable (A/R) and cash flow in assigned project type areas, including responsibility for problem receivables as A/R escalation point of contact, delinquency reserve/write-off proposals, reporting and related processes. Conduct frequent A/R reviews with each business leadership group. Engage Development, MI Legal, Development Asset Management, and Owner & Franchise Services (OFS) as needed. Partner with (OSF) to coordinate payment of outstanding owner invoices from Key Money payments.
  • Work with and resolve ad hoc requests from owners, vendors, project managers, procurement agents and other internal contacts.
  • Provide Cash Flow Forecasting on ad hoc basis to support an owner's financing process.
  • Prepare analysis and calculate quarterly procurement fees, other revenue and expense accruals.
  • Participate in Project Lightyear and Coupa detail design, User Acceptance Testing (UAT), implementation and stabilization related to vendors, Accounts Payable (A/P), project costing, billing, contract financial administration, etc. Lead team through the change management and involvement in all phases of detail design through stabilization.
  • Evaluate current business processes and partner with internal customers to enhance and roll-out changes as appropriate.
  • Obtain annual resale tax certificates for US states that require it for Marriott's contracting entit(ies).
  • Manage reconciliation and clearance of transactions from A/P Clearing Account
  • Invoice vendors and collect travel reimbursement payments for procurement factory visits.
  • Review and provide inputs to monthly procurement volume reports for forecasting, budgeting and staffing planning.
  • Manage Assigned business units and project type area general ledger account balances ensuring accuracy of financial statements, balance sheet, reporting; supports annual budget prep (workload drivers and volume projections) and monitoring for area of responsibility.
  • Establish strong working relationships with the relevant Finance Business Partner and other project/department management, internal and external owners and customers.
  • Implement strong internal controls in all related project accounting processes; review and approve general ledger account reconciliations to ensure accuracy and timeliness in accordance with company policy.
  • Lead teams in efforts to identify and implement the most efficient and value-added services and related processes to the product line and other project accounting leaders.
  • Manage four or more accounting professionals, sets departmental/project related goals and priorities, operates independently in most cases with minimal supervision required.
  • Utilizes strong systems skills in multiple applications to streamline processes and gain efficiencies (group/dept wide focus).

CANDIDATE PROFILE

KEY TALENTS AND EXPERIENCE
  • Excellent PC skills, proficient in Microsoft Office products
  • PowerBI, Power Query and fluency with Co-Pilot experience preferred
  • PeopleSoft, Oracle and/or Coupa software experience preferred
  • Knowledge of accounting and auditing principles required (GAAP)
  • Excellent interpersonal and oral/written communications 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, procurement, 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; anticipates risks and consequences of current issues on future project outcomes
  • Ability to build and maintain key relationships and to 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
  • For positions supporting the Caribbean & Latin American region, fluency in both English & Spanish preferred

EDUCATION AND PROFESSIONAL CERTIFICATION
  • Bachelor's degree required, Accounting/ Finance major a plus
  • CPA preferred
  • 10+years professional experience
  • 5+ years management experience required


About Marriott International

Marriott International is a hospitality company with more than 3,900 properties around the world. Marriot International opened its first hotel in 1957 and operates franchises worldwide. The company’s headquarters is based in Maryland and employees nearly 200,000 people worldwide.   The company was founded by J. Willard and Alice Marriott in 1927 by opening a root beer stand in Washington D.C.

Marriott International Careers

Join the vibrant team at Marriott International, the global leader in hospitality, where career opportunities abound and the potential for growth is limitless. As part of our commitment to innovation and leadership in the industry, we are continuously seeking passionate, creative, and driven individuals to join our diverse team. Work You’ll Do At Marriott International, you will be part of a culture that values diversity, leadership, and professional development. Engage in meaningful work that enhances the travel experience of each guest while fostering a positive environment where all team members can thrive. Our team at Marriott International leads the way in delivering exceptional service and innovative hospitality solutions. With a variety of job opportunities ranging from front-line roles to executive positions, you can find the perfect match for your skills and career ambitions. Marriott International’s commitment to growth and innovation means we are always on the lookout for dynamic professionals to join our team. Whether you are seeking your first job, looking for a challenging leadership role, or aiming to specialize in hospitality management, Marriott offers unparalleled employment opportunities. Internship and Training Programs Kickstart your career with Marriott International’s internship programs. These opportunities provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Marriott are treated as integral members of the team and are involved in projects that make a tangible impact on the company. In addition to internships, we offer comprehensive diversity training and professional development programs that prepare you for future leadership roles within the company. Our training programs are designed to enhance your capabilities and ensure you are equipped to meet the challenges of the evolving hospitality landscape. Benefits and Career Growth Marriott International believes in rewarding our employees for their dedication and hard work. We offer a competitive benefits package that includes health, vision, and dental insurance, employee discounts, and more. Moreover, we are committed to the professional growth of our employees. Career advancement at Marriott is not just a possibility—it is a priority. Join Our Team Explore the wide range of job opportunities at Marriott International. We are hiring across various departments, including management, customer service, culinary arts, and more. Bring your unique skills and perspective to our team, and help us continue to innovate and lead in the hospitality industry. Networking and Professional Development Stay connected and advance your career through Marriott’s extensive networking opportunities. Our professional community is designed to foster connections that can lead to career advancement and personal growth. Engage with leaders, gain industry insights, and build relationships that will support your career aspirations. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Marriott Careers page. We look for individuals who are curious, team-oriented, and committed to excellence. Prepare your resume, sharpen your interview skills, and join one of the most respected names in the global hospitality industry. Stay Up to Date Keep informed with the latest career tips, company news, and industry insights from Marriott International. Join our community and discover how you can contribute to the world of hospitality and beyond. Explore job opportunities, embrace professional growth, and become part of a company that values innovation and leadership. At Marriott International, your career journey is just beginning.
Learn more about Marriott International
Size
120,000 employees
Market Cap
$46.5 billion
Industry
Hospitality & Recreation
Net Income
-$267 million
Founded
1927
5 Year Trend
-2.1%
Revenue
$10.5 billion
NASDAQ
MAR
* Ladders Estimates

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