Development Accounting Manager
4 weeks ago
Job Number 24077851
Job Category Finance & Accounting
Location Europe Office - London, Barnard's Inn 86 Fetter Lane, London, London, United Kingdom
Schedule Full-Time
Located Remotely? N
Relocation? N
Position Type Management
JOB SUMMARY
The position will provide financial and accounting support for Development department across EMEA and business and accounting coordination for outside legal Professional fees. Part of the Finance Business Support team in EMEA, will handle in autonomy certain finance support duties for Development department, liaising with HQ FBP team, Local Accounting teams, Discipline senior leaders.
Candidate Profile
Education and Experience
4- year bachelor’s degree in Finance and Accounting or a related major, and/or working toward a professional accounting qualification
Minimum of 3-4 years within accountancy role.
Previous experience in dealing with Legal invoicing and WIP is a plus.
Experienced in presenting financial results to Senior Leadership
Knowledge of Peoplesoft financial application is preferred
English Language proficiency required
CORE WORK ACTIVITIES
Financial and Accounting Management
Manages the accounting for Development departments, including:
Accounts payable (Accruals/Invoice receipt/Invoice Approval/ System posting)
Charge outs (billing of Professional fees to customers, AR Collection)
Budget (assisting budget process for Development)
Forecast (assisting forecast process for Development)
P&L and Headcount critique
Generates reporting for monthly/quarterly P&L Reviews
Perform certain entity accounting duties such as Payable cashflow and invoice tracker
Liaise with AHS for accounting entries and AP processing
Maintain and update the Accrual and Invoice tracker Development
Manages the Accounting support and FBP for Professional fees, for Development and Legal
Maintain and update the Professional Fee accruals and invoice tracker
Charge outs (billing of Professional fees to customers, AR Collection)
Interacts with Legal team and outside legal companies to effectively track any Legal related WIP
Track legal fees by projects and keeping attorneys apprised of status
Tracking specific deals according to agreed caps and details outlined in retainer letter
Provides Monthly Professional fees report to Legal head and FBP Legal
Provides Forecast and Budget data for Professional fees
Liaises with other accounting teams to make sure costs are recorded in timely manner
General Duties:
Performs and coordinates accounting duties for assigned projects of moderate to high complexity/financial risk ensuring compliance with Generally Accepted Accounting Principles
Handle company sensitive data and information with the highest level of caution, in compliance with company policies
Review applicable domestic or international tax requirements, to ensure taxes are accrued and paid in accordance with jurisdictional regulations
Prepare and issue timely and accurate professional fees reporting
Interact with owners, department heads and managers regarding Development and Professional fees matters.
Support process improvement opportunities to drive consistent tools and processes by using technology. Recommend areas in which processes may be optimized and/or improved
Utilize strong system skills in multiple applications in order to streamline processes and gain efficiencies
Coordinate and implement work and projects as assigned.
Analyze information and evaluate results to choose the best solution and solve problems.
Maintain a strong accounting and operational control environment to safeguard assets. Ensure compliance with Marriott International Policies, as well as standard and local operating procedures (SOPs and LSOPs )
Manages in autonomy and coordinates with other teams Accounting period end function.
Inform and/or update key stakeholders on relevant information in a timely manner.
Keep up-to-date technically
Review audit issues and makes corrections as necessary.
Perform other reasonable job duties as assigned by the management to meet business needs.
Communication
Speak to hotels, owners, senior management, co-workers, direct reports and other key stakeholders using clear, appropriate and professional language
Answer telephones using appropriate etiquette
Talk with and listens to other employees to effectively exchange information.
Present ideas, expectations and information in a concise, well organized way.
Working with Others
Build partnerships and maintain strong relationships with all senior managers and their teams and Headquarter Finance.
Develops and maintain positive and productive working relationships with other employees and departments.
Partners with and assist others to promote an environment of teamwork and achieve common goals.
Supports all co-workers and treat them with dignity and respect.
Handle sensitive issues with employees and/or customers with tact, respect, diplomacy, and confidentiality
Effectively leverages centralized accounting processes via OFB and AHS.
Policies and Procedures
Complies with all applicable laws.
Follow company and department policies and procedures.
Maintain confidentiality of proprietary materials and information.
Skills and Knowledge
Strong communication skills (verbal, listening, writing)
Strong organization skills
Strong analytical skills
Strong problem-solving skills
Ability to use standard software applications technology-savvy
Ability to acquire and maintain relationships e.g., associates, customers, vendors
Effective decision making skills
Effective influence skills
Effective change management skills
Strong customer and associate relation skills
Knowledge of overall hotel operations
Proficient in Excel
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.
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