FLEX Senior Manager, Project Controller

Marriott Hotels Resorts•Bethesda, MD

13h

About The Position

This is a temporary position. The Senior Manager, GT Project Controller will have the responsibility of overseeing financial transparency of key GT initiatives in Marriott’s GT department. Responsibilities include budgeting, cost rightsizing, forecasting (Estimates at Completion), evaluating & setting up proper capital treatment of expenses, ensuring accurate financial reporting (submission of accruals), and preparing financial reports and presentations over assigned initiatives or initiative portfolios. The Senior Manager will support the designing and implementing financial reporting best practices into Marriott’s processes, business stakeholder processes, corporate accounting teams, and will correspondingly liaise with operational areas within GT (Product teams, Enterprise Architecture & Shared Platform, Delivery, Procurement, Security and Others) in providing oversight and transparency on the operational and financial health of assigned GT initiatives.

Requirements

5 + years financial management experience, including Project Controllership experience
Baccalaureate degree in Finance, Accounting or related discipline required
Proven proficiency in Microsoft applications such as Excel, Power BI, PowerPoint, and SharePoint, leveraging these tools to deliver clear, accurate, and actionable financial insights to senior stakeholders.
Knowledge of generally accepted finance and accounting policies, principles and controls; as well as Marriott-specific accounting and finance processes and systems.
Strong functional leadership and finance knowledge; able to leverage this strength to influence business team strategies and decisions.

Nice To Haves

Certification in iT Project Management, including ITIL and Agile development.
Knowledge and understanding of Marriott’s business model and management and franchisee contracts.

Responsibilities

Provide accurate, timely and actionable financial information, reporting and analyses related to the financial operation and management of GT’s large-scale initiatives and special projects.
Maintain alignment of project costs with management agreements to provide accurate, compliant allocation of cost and recovery of same to participating hotels and/or system-wide funds.
Provide timely and accurate analyses of project and costs to support accounting procedures and to respond to internal management, Legal, Owner, and audit inquiries.
Oversee the accounting and forecasting for any project-specific debt and interest, as well as the development of the cost distribution methodologies.
Provide general ledger reports, queries, Mosaic project costs, and other data to successfully monitor and analyze overall project costs by utilizing their cost monitoring tools and reporting and forecasting process.
Ensure that potential issues are identified early, and that project management leaders are informed of project costs at all times.
In coordination with the Global Finance Business Partner (FBP) team, ensure that all program/project costs are accounted for in accordance with approved policy. This includes monitoring of costs allocated from various Marriott departments for resources, hardware/software and other licensing and maintenance costs that are shared with other Marriott groups or project teams.
Partner with Global Finance FBP to provide the necessary internal financial reporting and variance analysis for all GT projects. This would include detailed forecast of development costs, Cash Flow reporting, Balance Sheet Prepared by Client work papers (PBCs) and other audit-related schedules,
Partner with Marriott Accounting teams to provide necessary input, documentation and accounting support for any projects requiring system initiative (internally built software) capitalization & amortization.
Prepare/present project financial updates as required for Marriott financial reporting and planning processes, Steering and Corporate Growth Committee Meetings, Owner and Franchisee meetings, etc.
Track capitalization based on development phases and ensure that accounting treatments are in accordance with GAAP
Monitor and assess capitalization eligibility of project costs across development phases, ensuring accounting treatments align with GAAP requirements.