Assistant Manager of Accounting? Foreign Exchange and Hedging

Assistant Manager of Accounting? Foreign Exchange and Hedging

BCforward is currently seeking a highly motivated Assistant Manager of Accounting- Foreign Exchange and Hedging Job for an opportunity in Bethesda, MD.)!

Position Title: Assistant Manager of Accounting- Foreign Exchange and Hedging
Location: Bethesda, MD.
Anticipated Start Date: 02/15/2025
Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.
Expected Duration: 6+ months Contract to Hire (with possibility of extension or conversion)
Job Type: Contract, 40 HRS WEEKLY, - Onsite

Position Summary

Corporate Financial Accounting ("CFA") is a headquarter-based accounting department responsible for the accounting and reporting relating to investment, development, joint venture, foreign exchange and international banking activities. The Assistant Manager will assist in the accounting and financial reporting for Marriott's foreign currency hedges and derivative transactions, as well as analyses of consolidated financial results due to foreign exchange. Additionally, the position will support the department in partnering with multiple stakeholders to ensure delivery of department deliverables. This position reports to the Manager, CFA Banking Team.

CLS Expected Contributions and Responsibilities

• Develop a solid understanding of the accounting and reporting for foreign currency transactions and financial statement translations to ensure compliance with ASC 830, Foreign Currency Matters.
• Provide assistance and training on a regular basis to finance/accounting colleagues across the globe regarding foreign currency issues.
• Prepare analysis of company-wide impact to financial results driven by FX fluctuations and hedging activities; provide commentary and deliver reports to senior management and various groups within Global Finance.
• Analyze enterprise-wide FX exposures, including those in foreign assets and liabilities, cash flow from international affiliates, as well as net investments in foreign subsidiaries, in support of Global Treasury in executing hedging strategies to manage FX risk.
• Analyze foreign currency derivative instruments and determine the appropriate accounting treatment; work with Accounting Policy Group to ensure proper disclosure on forms 10-Q and 10-K.
• Perform assessment of functional currency determinations for new international subsidiaries and branches.
• Gather information on cumulative translation adjustment (CTA) for selected business units or operating units in support of potential divestiture transactions.

Skill Requirements

• Solid understanding of accounting concepts and standards, with close attention to details
• Strong software skills to extract and evaluate significant volumes of accounting data
• Strong quantitative and qualitative analysis and research skills
• Comfort with complexity, ambiguity, and change
• Excellent verbal and written communication skills, promoting an environment that allows timely information flows and concise articulation of complex issues
• Strong interpersonal and organizational skills to work in a team environment and maintain effective client relationships
• Strong analytical and problem-solving skills with the ability to work independently and manage multiple time-sensitive assignments simultaneously
• Positive attitude with high degree of initiative, personal responsibility, and integrity

Specific Candidate Profile

• BS/BA in Accounting, Finance, or related discipline; CPA, MBA, or advanced degree in Accounting or Finance.
• Three or more years of progressive job experience in accounting/finance field
• Proficient knowledge of Microsoft Office applications, with strong focus on spreadsheet applications
• International accounting experience a plus, but not required
• PeopleSoft general ledger experience a plus, but not required

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 234287 when responding to this ad.

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