Senior Director, CECL, Lease Accounting, Relocation and Banking Accounting

Marriott • Bethesda, MD • 27min ago

Additional Information

Job Number 25192090

Job Category Finance & Accounting

Location Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States, 20814VIEW ON MAP (https://www.google.com/maps?q=Marriott%20International%20HQ%2C%207750%20Wisconsin%20Avenue%2C%20Bethesda%2C%20Maryland%2C%20United%20States%2C%2020814)

Schedule Full Time

Located Remotely? N

Position Type Management

Pay Range: $151,100-$250,600 annually

Bonus Eligible: Y

Stock Package: Y

JOB SUMMARY

As a senior member of Corporate Financial Accounting (CFA), the Sr. Director, Lease Accounting, CECL, Relocation Accounting, and Banking Accounting will direct a high performing team and lead execution of accounting centers of excellence on a global scale. A key focus of this position will be the identification and establishment of world class accounting processes and protocols. The position will oversee end-to-end accounting, administration, and reporting processes and controls for Leases, CECL, Relocation and HQ Banking. Additionally, he/she will have a secondary responsibility, as necessary, in assisting in the accounting for the acquisition and disposition of hotel properties. This highly visible role requires a mastery of complex arrangements, and the ability to partner with multiple stakeholders.

CANDIDATE PROFILE

Education and Experience

Required

Baccalaureate degree in Accounting, Finance, or related discipline required.
Minimum of 8 years of broad accounting/finance experience in a global organization; significant international accounting exposure a plus.
Minimum of 5 years in a management role; demonstrated success leading and developing a strong team in a complex, service-intensive, deadline-driven environment.

Preferred
MBA or Master of Science/Graduate Degree in Finance or Business Strategy
CPA.

CORE WORK ACTIVITIES
Partner with Global Business Partners to ensure timely/accurate accounting/reporting for Leases, CECL, Relocation and Banking.
Ensure efficient use of available 3rd party tools and/or services, if necessary, to assist in the accurate reporting for Leases, Relocation, and Banking (including Kyriba).
Inventory MI leasing arrangements on a global scale; identify direct leases (hotels, offices, equipment, etc.), joint venture leasing arrangements, and subleases.
For non-U.S. leases, determine local GAAP reporting and establish US GAAP adjustment calculation process and responsibility ownership. Create process to monitor compliance with identified division of responsibilities, to ensure accurate accumulation of data.
Identify, adjust, and maintain all impacted consolidated reporting requirements (footnote disclosures, etc.). Ensure external reporting (10K, 10Q) requirements and disclosures are completed in an accurate, timely manner.
Own MI accounting policy and SOX narratives related to CECL, lease accounting, and banking. Collaborate with Internal Audit to determine SOX control processes.
Review CECL, lease accounting, and banking deliverables/assumptions for accuracy.
Lead ongoing monitoring and analysis of the CECL framework to ensure that general reserves are accounted for in accordance with GAAP and MI policies.
Review CECL analysis and disclosure for external reporting including audit committee reporting package.
Partner with Corporate Treasury to ensure efficient and effective use of cash and treasury management systems. Manage the bank account reconciliation process and cash control report. Maintain global account and reporting structures for cash, including system rules.
Create consistent processes around the execution and management of CECL process. This will include ensuring the job aids are up to date, revised and improved as needed, and making sure the established process is communicated to the impacted teams and team members and executed effectively.
Provide oversight and guidance to relocation accounting team. This includes managing current processes, winding down the internally managed program, and ensuring the accounting will be appropriate for the future state Relocation program managed by a 3rd party company.
Establish and monitor necessary controls to effectively manage MIP-66 compliance.
Identify impact and ensure effective accounting transition of hotel properties converted from lease arrangement to managed property.
Collaborate with stakeholders to identify long range plan, budget and forecasting requirements.
Manage the effective utilization of technology to ensure efficiently administered and accurately stated accounting deliverables. Improve processes by using tools available to streamline work.
Champion excellence in business ethics and integrity, social responsibility, cross-cultural effectiveness, and associate engagement.
Performs other duties as assigned to meet business needs.

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.

All positions offer a 401(k) plan, stock purchase plan, discounts at Marriott properties, commuter benefits, employee assistance plan, and childcare discounts. Benefits are subject to terms and conditions, which may include rules regarding eligibility, enrollment, waiting period, contribution, benefit limits, election changes, benefit exclusions, and others. Click here (https://life.marriott.com/wp-content/uploads/2025/09/benefitsoverviewp\2025edits\8.19.25.pdf) to learn more.

Full-time positions also offer coverage for medical, dental, vision, health care flexible spending account, dependent care flexible spending account, life insurance, disability insurance, accident insurance, adoption expense reimbursements, paid parental leave and educational assistance.

Washington Applicants Only : Employees will accrue paid sick leave, 0.077 PTO balance for every hour worked and be eligible to receive a minimum of 9 holidays annually.

Marriott HQ is committed to a hybrid work environment that enables associates to Be connected. Headquarters-based positions are considered hybrid, for candidates within a commuting distance to Bethesda, MD; candidates outside of commuting distance to Bethesda, MD will be considered for Remote positions.

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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