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Statutory Accounting Manager

United Arab Emirates - Dubai

Full job details

Marriott International - Middle East and Africa
United Arab Emirates - Dubai
Job Type
Finance, Accounts Payable
Job Level

Marriott International offers you the opportunity to find the hospitality job and career journey that's right for you. With more than 5700 properties and 30 brands you'll find us in your neighborhood and in more than 110 countries across the globe. Find Your World™ at Marriott.


Job Summary:
This position will be part of a global team responsible for the accurate internal and external financial reporting of Marriott's foreign subsidiaries within the Middle East and Africa (MEA) region. The Statutory Accounting Manager will be responsible for ensuring the completeness of legal subsidiary ledgers for which he/she is assigned in order to facilitate timely income tax return information and separate auditable entity financial statements. This position is responsible for providing subject matter expertise on the local financial statement and audit requirements.

Responsibilities include balance sheet reconciliations, financial statement preparation, coordination of audits and review and analysis of unaudited entities which are incorporated in MEA. The Statutory Accounting Manager works with independence, but within established guidelines, producing and analyzing financial information as well as legal contracts to support the accounting for subsidiaries.

Business Scope:
  • Responsible for the completion of all balance sheet reconciliations for Marriott's MEA entities ensuring appropriate back-up is kept and any unreconciled and/or incorrect items are rectified in a timely manner (no later than 60 days)
  • Process invoices for MEA entities through the PeopleSoft AP system or by completing international wire transfer request forms
  • Preparing journals for OFB invoices to MEA entities in order to accurately reflect costs in the Marriott ledger.
  • Prepare month end journals pertaining to MEA entities
  • Ensure correct payroll accounting for Marriott employed hotel associates
  • Ensure completion of assigned audits in a timely manner and in conjunction with local filing deadlines.
  • Perform ad hoc tasks as directed by the Senior Manager of Statutory Accounting & Analysis
  • Manage processes and procedures for producing foreign subsidiary financial statements and supporting schedules required for all local reporting requirements.
  • Participate in entity set-up and utilization processes ensuring proper financial system controls and timely and accurate accounting. Support required accounting processes for entities being legally dissolved, merged or sold
  • Serve as point-of-contact for stakeholders across the organization as it relates to entity accounting issues.

    Candidate Profile:
  • Three to Five years of progressive job experience in accounting/finance field.
  • Experience with international accounting environment to include multiple subsidiaries, currencies and basis of accounting.
  • Experience with PeopleSoft general ledger system a plus.
  • Advanced knowledge of Microsoft Excel (e.g. macros & pivot tables)

    Education or Certification
  • Bachelors of Science/Bachelors of Arts in Accounting or Finance
  • Chartered Accountant or studying for professional qualification ACA, ACCA, CIMA, CMA (preferred)

    Attributes, Knowledge and Skills
  • Strong business process and project management skills; capable of developing effective project plans and processes, ensuring compliance with existing processes and producing quality results.
  • Demonstrates strong skills in international accounting and multi-currency, multi-GAAP environment.
  • Ability to work effectively in a collaborative work environment.
  • Excellent communication skills, both written and oral. Ability to articulate issues to a variety of individuals at multiple levels within the organization.
  • Ability to communicate effectively with associates on technical accounting issues.
  • Ability to make decisions in a timely manner and under pressure. Comfort with challenging status quo to improve effectiveness.
  • At ease in an environment of change; supports, manages and initiates change within the organization.
  • Demonstrates sound organizational and prioritization skills; high performance levels under tight deadlines.
  • High degree of initiative, personal responsibility and integrity.
  • Demonstrates an independent ability to research and analyze transactions and balances within a complex accounting system structure and in a multi-currency, environment.

    Marriott International is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. Marriott International does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws.

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