Finance Manager at Singapore Regional Office with Marriott Vacations Worldwide - Career Site

Date Posted: 2/13/2018

Job Snapshot

Job Description

Are you ready to grow your dream career while making others' vacation dreams come true? Marriott Vacations Worldwide is a world premier organization for Vacation Ownership with resorts at destinations around the globe. Join our team and help deliver unforgettable experiences that make vacation dreams come true.
JOB SUMMARY
Reporting to the DOF-Controllership, the Finance Manager's role is one of a strategic business partner to associates of all levels by providing leadership, supervision and development opportunities to Accountants.

In performing the duties, legal regulations, GAAP as well as operating procedures of Marriott Vacation Club International must be complied with. The focus is on leading and executing the month-end close process and balance sheet management process under a strong internal control environment. Additionally, this role is responsible for APAC's cash management, inter-company, SOX process controls and statutory/compliance reporting are adhered to.

CORE WORK ACTIVITIES

Maintaining Finance and Accounting Goals

Month-end Close and Balance Sheet Management

  • Manage the month-end close process and balance sheets for Developer, Club and POC entities
    • Review standard journal entries prepared by the team
    • Prepare or review all entries pertaining to Singapore Club including IAPs and Reacquired/Revocation/Repurchase transactions to ensure correct accounting.
    • Ensure team reconciles inter-company balances every period and confirms that all inter-company billings are well supported before periodic settlement.
    • Ensure that the team completes all balance sheet reconciliation on a timely manner and with proper supporting and documentation.
    • Assist team on issues identified from balance sheet reconciliations and ensure corrective entries are processed next period.
    • Review and approve Accounts Payable transactions.
    • Review sales and marketing commissions are accurately prepared for payroll processing.
    • Provide appropriate support and back up to other Controllership teams as the business requires.
    • Constantly seek process improvements around the close process.

Cash Management

  • Consolidate APAC weekly cashflow forecast
  • Manage cashflow requirements of all APAC entities
  • Coordinate funding requirements and spot trade transactions with Corporate Treasury

Inter-company

  • Perform monthly inter-company analysis for APAC entities
  • Ensure timely settlement of inter-company balances including paper settlement

Controls

  • Oversee APAC's internal controls and compliance
  • Review and update SOX process flows
  • Perform quarterly Controls Self-Assessment (CSA)
  • Manage quarterly MVWP-66 balance sheet certification for the region
  • Manage annual physical sighting of fixed assets
  • Develop and update SOPs on key processes
  • Effectively manage all internal audits

Statutory and Compliance

  • Manage completion of statutory audits, tax filings and compliance matters for entities under your responsibility within timeline.
  • Oversee and manage Anti-Money Laundering (AML) audit
  • Ensure GST and withholding tax are filed accurately and timely
  • Work with Global Tax team on the tax reporting pack and transfer pricing studies

Associate Development

  • Provide meaningful guidance to direct reports to assist them properly execute their assigned duties.
  • Develop subordinates by, among other things, regularly sharing best practices, technical knowledge and business concepts.
  • Provide constructive feedback, with consideration of others' feelings.
  • Leveraging the unique strengths of each Associate, bringing out the best in them.

Strategic Alignment

  • Set departmental objectives and action plans strategically aligned with corporate plans.
  • Maintain awareness of interrelationships between on-going activities within the organization and subsequently plan assignments and allocate resources accordingly.
  • Develop and use systems to organize and track information.

Performance Management and Associate Relations

  • Share relevant, timely information to help others understand and support business objectives.
  • Clearly state expectations and provide necessary guidance and resources when assigning responsibilities.
  • Leverage on the unique talents of associates.
  • Work with associates to identify barriers to success and develop action plans to overcome them; introduce new perspectives to associates to stimulate positive performance.
  • Sustain a work environment that focuses on fair and equitable treatment of associates.
  • Maintain effective associate communication channels; Speak clearly and articulately with individuals and groups; adopt an open-door policy to acknowledge associate problems or concerns in a timely manner.
  • Recognize and celebrate team successes.
  • Encourage others to share their points of view.
  • Actively listen and respond to associates.
  • Deliver constructive feedback with sensitivity to others' feelings.
  • Share knowledge, innovations and best practices with associates.
  • Serve as a personal role model of the change expected of other associates.

Additional Responsibilities

  • Perform analysis on an ad hoc basis as required by the business.
  • It is foreseeable that this job could take on more duties as the company grows, in financial analysis or general accounting.
  • Provides information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Informs and/or updates the executives, the peers and the subordinates on relevant information in a timely manner.
  • Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources.
  • Creates written and verbal presentations effectively.
  • Listens and responds to associate's needs.
  • Demonstrates a high level of professionalism always.

CANDIDATE PROFILE

The education, experience, skills and attributes important for this position are:

  • Degree in Accountancy or CPA or equivalent
  • Minimum 7 years of relevant working experience, preferably with 3 years' prior audit experience in a Big 4
  • Prior Supervisory experience and People Management preferred
  • Solid functional background in General Ledger Accounting
  • Significant experience with balance sheet reconciliations
  • Experience with US Multi-National Corporation preferred
  • Previous experience with US GAAP
  • Proficient in ERP systems and MS applications (Excel etc.)
  • Able to build and maintain excellent rapport with all levels of associates
  • A team player with ability to collaborate with senior management, functional departments and external partners. Motivated self-starter, resourceful and independent
  • Strong advanced analytical, problem-solving, attention to details and decision-making skills.
  • Effective conflict management skills
  • Well-organised and capable of managing multiple priorities effectively
  • Strong business integrity and holds sensitive information in confidence
  • Understands and possesses the ability to work in a multi-cultural environment
  • Effective verbal and spoken communication in English (Other language proficiency would be an advantage)

Marriott Vacations Worldwide is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture.