Manager, Residential Accounting

Marriott•Bethesda, MD
•$96,000 - $143,000

About The Position

Manages significant aspects of accounting for specialized residential and mixed-use projects of moderate size, risk, and complexity. Serves as a lead team member in understanding deal terms and structures and ensuring timely, accurate accounting services for internal and external customers. The role focuses on working with external owners and developers, as well as internal groups, to deliver accurate and timely reports and forecasts while using technology and resources to maintain efficient, high-quality processes. The position manages accounting activities across assigned projects, including forecasts, payables, billing, receivables, cash flow, general ledger balances, financial statements, and budget monitoring. It works with AHS, Treasury Accounting Services, and third-party developers on residential brand fees; establishes relationships with finance partners, project management, owners, and customers; and maintains internal controls, reconciliations, and variance resolution. The manager also identifies process improvements, leads the use of technology to improve operations, sets project priorities, and generally works independently with moderate supervision.

Requirements

  • Bachelor’s degree in accounting, finance, or a related discipline.
  • Minimum of 6 years of professional experience.
  • Knowledge of accounting and auditing principles, including GAAP.
  • Excellent PC skills and proficiency in Microsoft Office products.
  • Excellent interpersonal and oral and written communication skills.
  • Strong organizational skills and ability to meet deadlines and manage multiple priorities.
  • Ability to work independently and as part of a team.
  • Ability to identify issues, recommend solutions, and implement resolutions.
  • Strong analytical and problem-solving skills, including making data-informed decisions and anticipating risks and consequences for future project outcomes.
  • Ability to build and maintain key relationships and coordinate with other departments and owners.
  • Customer-service orientation and effective listening skills.
  • Self-starter who can identify needs and requirements and take independent action.
  • Ability to understand complex legal documents and prioritize multiple projects while meeting goals and deadlines.

Nice To Haves

  • CPA.
  • Real estate accounting exposure.
  • Knowledge of real estate and complex legal agreements.
  • Experience with PeopleSoft and Marriott financial applications.

Responsibilities

  • Ensure timely and accurate completion of accounting processes for assigned projects.
  • Manage and communicate project forecasts, including identifying risks and opportunities.
  • Manage project payables, billing processes, and related activities, including contractual agreements and possible foreign currency translation issues.
  • Manage accounts receivable and cash flow for assigned projects, including problem receivables and delinquency reporting.
  • Maintain assigned project general ledger balances and ensure accurate financial statements, balance sheets, and reporting; support annual budget preparation and ongoing monitoring.
  • Work with AHS, Treasury Accounting Services, and third-party developers to record, invoice, and collect residential brand fees.
  • Build and maintain relationships with finance business partners, third-party developers, project and department management, owners, and customers.
  • Implement internal controls for project accounting processes; coordinate account reconciliation reporting and analysis and research and resolve variances in accordance with company policy.
  • Identify and implement process enhancements that increase efficiency and consistency, including using technology to improve operations.
  • Lead efforts to identify and implement efficient, value-added services and processes for assigned projects.
  • Set project-related goals and priorities and operate independently in most cases, with moderate supervision.
  • Use systems across multiple applications to streamline processes and improve efficiency.

Benefits

  • 401(k) plan.
  • Stock purchase plan.
  • Discounts at Marriott properties.
  • Commuter benefits.
  • Employee assistance plan.
  • Childcare discounts.
  • For full-time positions: medical, dental, and vision coverage.
  • For full-time positions: health care and dependent care flexible spending accounts.
  • For full-time positions: life insurance and disability insurance.
  • For full-time positions: accident insurance.
  • For full-time positions: adoption expense reimbursements.
  • For full-time positions: paid parental leave.
  • For full-time positions: educational assistance.
  • For Washington applicants: accrued paid sick leave, PTO accrual of 0.077 balance for every hour worked, and eligibility to receive a minimum of 9 holidays annually.
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