The Senior Director, Accounting Policy will be a subject matter expert in Securities and Exchange Commission (“SEC”) reporting and will have responsibility for leading and managing Marriott’s SEC reporting process, the purpose of which is to deliver high quality external reports (e.g. Form 10-Q, Form 10-K, Form 8-K, and other SEC filings). The Senior Director, Accounting Policy will primarily be responsible for the interpretation of accounting policies and practices set by regulatory entities and the application of those standards within Marriott. Additionally, the Senior Director, Accounting Policy will also be responsible for providing thought leadership on various accounting issues facing the company. The Senior Director, Accounting Policy, who reports to the Vice President, Accounting Policy, is a key member of the Accounting Policy leadership team and is expected to meaningfully contribute to the team’s overall leadership, management and development.
- Lead and manage the group responsible for the preparation of SEC filings in accordance with SEC regulations and generally accepted accounting principles (“GAAP”). Provide thought leadership based on expert knowledge of accounting and regulatory issues. Proactively collaborate with Marriott’s Internal and External Legal Counsel, Internal and External Auditors, the Disclosure Committee, Investor Relations, Financial Reporting and Analysis, and others on the preparation of such filings. Ensure the establishment and maintenance of strong and collaborative relationships with internal stakeholder groups (including executive management) to understand the business and ensure the timely and accurate exchange of information. Work to continuously improve the effectiveness of Marriott’s external reports and ensure that our SEC filings reflect best practice.
- Manage and collaborate with internal stakeholder groups (Legal Counsel, Global Communications, Investor Relations, Global Treasury, etc.) on the external disclosure of Marriott’s financial information (e.g. investor presentations, earnings press releases, and other communications) considering Marriott’s historical practices, Regulation FD “Fair Disclosure,” Regulation G “Disclosure of Non-GAAP Financial Measures,” other regulations. Establish, maintain, and strengthen solid working relationships.
- Provide expert, proactive consultation to members of the Accounting Policy group and other internal stakeholder groups on financial data interpretation, Marriott’s accounting policies, and external financial reporting issues, including emerging developments. Research accounting literature and apply technical standards to complex business issues and transactions, including the areas of revenue recognition, goodwill impairment analyses, assessments of materiality for identified misstatements, stock-based compensation, and business segment determination. Prepare policy memos documenting Marriott’s conclusions.
- Ensure Marriott’s financial statement disclosures are best in class by reviewing other companies’ SEC filings for industry best practices.
- Oversee the process of ensuring the integrity and accuracy of Marriott’s SEC filings, including compliance with the Sarbanes-Oxley Act, by maintaining excellent internal controls over financial reporting through the implementation of a robust external SEC reporting process, the systemic monitoring of key performance measures, and the auditing of key reports obtained from other groups within Marriott on a sampling basis. Lead the group responsible for managing the process of accumulating, producing, and retaining highly quality documentation and support. Identify unusual financial and process performance trends and investigate and resolve any problems and/or inconsistencies as appropriate.
- Stay abreast of XBRL developments, including monitoring technological innovations to drive process innovations and efficiencies for Marriott.
- Lead, develop, and mentor team members and encourage collaboration and a positive and productive environment within the Accounting Policy group.
- Work on special projects, as needed.
- Minimum of 10 years professional accounting experience, including work experience similar to that described in this job specification with a SEC registrant, and public accounting experience.
- Minimum 7 years of experience in a management role.
- Lodging/hospitality industry experience strongly preferred.
- Baccalaureate degree in Accounting, Finance, or related discipline required.
- CPA certificate required.
- MBA or Master’s of Science Degree in Accounting, Finance, or related discipline strongly preferred.
- Expert working knowledge of SEC rules and regulations, including XBRL, and U.S. generally accepted accounting principles.
- Able to consistently make decisions in a timely manner sometimes with incomplete information and under tight deadlines and pressure. Comfortable challenging organizational norms and accepted thinking to improve effectiveness.
- Able to develop and maintain effective relationships with a broad group of stakeholders in order to foster trust and influence key decisions. Able to sell ideas persuasively, settling differences, and winning concessions without damaging relationships; can be both direct and forceful while remaining diplomatic.
- Strong quantitative and qualitative analysis skills; able to take large volumes of complex information and present it in a clear and concise manner to senior management, able to use data and a sound problem solving methodology in decision making and impact assessment.
- Exceptional written and oral communication skills; creates an atmosphere in which timely information flows smoothly through the organization. Ability to explain complex issues to non-subject-matter experts.
- Strong business performance management skills - able to deploy and manage (use data to systemically monitor the progress of work against schedules, budgets, and quality standards) resources, to achieve/exceed objectives in a dynamic operating environment.
- Able to integrate and balance priorities, work activities, and resources for the benefit of multiple key stakeholders.
- Active learner -- able to enhance personal, professional and business growth through new knowledge and experiences; pushes the organization to learn from other industries’ standards and practices.
- Demonstrated ability to lead, mentor and develop staff.
- Relationship builder, networker
- Results oriented; consistently delivers timely and accurate results under difficult conditions and demonstrates balanced judgment under pressure.
- Highly organized, detail oriented and analytical. Able to handle multiple priorities.
- Exhibits leadership presence; ability to establish credibility necessary to influence at all organizational levels and give projects credibility.
- Collaborative; self-directed team player.
- Strategic thinker; processes information through a strategic lens and applies tenants of systems thinking to issues/assignments
- Persuasive; able to influence with effective communication and without coercion.
- Trustworthy with strong business integrity and ability to hold sensitive information in confidence.
- Demonstrates sound organizational and prioritization skills; high performance levels under tight deadlines and/or while managing multiple priorities at any given point in time.
- Innovative thinker and agile learner; able to readily apply past learnings in new situations to generate solutions to challenges and/or create something entirely new.
- Comfortable with complexity, ambiguity, and change